Gabelli Global Utility & Income Trust: management transactions · United States · SEC (Form 4)

About Gabelli Global Utility & Income Trust

The Gabelli Global Utility & Income Trust (NYSE American, United States) is a listed closed-end investment company focused on utility- and infrastructure-related income assets. For European investors, it should be understood not as an operating utility business, but as a managed income vehicle whose mandate is to assemble a portfolio designed to generate regular distributions from dividend- and interest-bearing securities. The fund was organized as a Delaware statutory trust on March 8, 2004, and its business address is One Corporate Center in Rye, New York. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1282957/000119312521243424/d202703dn2a.htm?utm_source=openai)) Its investment objective is straightforward: under normal market conditions, it seeks to invest at least 80% of assets in companies tied to utilities and infrastructure, including electricity, gas, water, telecommunications, airports, toll roads and municipal services. The fund may also allocate to debt securities, preferred stock and other income-producing instruments, which makes it a diversified income-oriented fund rather than a pure equity growth strategy. This broader remit is one of its key differentiators versus more narrowly defined utility-income products. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1282957/000119312521243424/d202703dn2a.htm?utm_source=openai)) From a market standpoint, the fund is listed on NYSE American in the United States. Its common shares trade under the symbol GLU, while its Series A and Series B cumulative puttable and callable preferred shares trade under GLU Pr A and GLU Pr B. The reference to GLU-PA therefore points to a preferred share class rather than the common equity of the fund itself. For investors, that distinction matters because preferred securities have different distribution priorities, redemption features and liquidity characteristics. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001282957/000182912626002083/glu_ncsr.htm?utm_source=openai)) In competitive terms, the trust sits within the niche of listed income funds that target essential-services exposure. Its association with Gabelli provides brand recognition in the U.S. closed-end fund universe and supports distribution to yield-focused investors. The portfolio may include both U.S. and non-U.S. issuers, giving it a global reach even though it is domiciled and regulated in the United States. That global flexibility can be attractive for investors seeking diversification across infrastructure and telecom cash-flow profiles. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1282957/000119312521243424/d202703dn2a.htm?utm_source=openai)) Recent SEC filings indicate that the fund has actively managed its capital structure, including the redemption and retirement of Series B preferred shares during 2024 and 2025, alongside ongoing regulatory disclosures. For a closed-end fund, these actions are important because they can affect leverage, distribution coverage and the tradability of the preferred layer. Overall, the fund remains a U.S.-listed income vehicle with a utility and infrastructure bias, positioned for investors seeking yield and diversified exposure to defensive cash-generating assets. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1282957/000182912626002083/glu_ncsr.htm?utm_source=openai))