GABELLI UTILITY TRUST: insider trades · United States · SEC (Form 4)

About GABELLI UTILITY TRUST

The Gabelli Utility Trust (NYSE: GUT, United States) is a U.S.-listed closed-end fund focused on the utility and infrastructure universe. It is not an operating utility company; rather, it is a closed-end management investment company registered with the SEC and managed by Gabelli Funds, LLC, an affiliate of GAMCO Investors. The fund’s business address is One Corporate Center, Rye, New York, and its inception date is July 9, 1999. For investors, that long track record matters because it reflects a mature, publicly traded vehicle with a well-established distribution policy and a clearly defined sector mandate. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001080720/000182912626002082/gut_ncsr.htm)) GUT’s stated objective is long-term growth of capital and income. Under normal conditions, the fund invests at least 80% of net assets, plus investment borrowings, in common stocks and other securities of U.S. and foreign companies involved in the generation or distribution of electricity, gas, and water, as well as telecommunications services and related infrastructure operations. The current strategy also references solar and other utility-related activities. In practical terms, this makes GUT a concentrated sector fund designed to provide exposure to regulated, asset-intensive businesses that investors often view as defensive, income-oriented, and sensitive to interest-rate expectations. ([gabelli.com](https://gabelli.com/wp-content/uploads/2025/04/113.pdf?utm_source=openai)) From a competitive standpoint, GUT sits in a niche corner of the listed closed-end fund market. Its differentiation is based on sector specialization, active security selection, and the Gabelli research platform. The fund highlights a portfolio management team led by Mario J. Gabelli, who founded GAMCO Investors in 1977, alongside utility specialist Timothy Winter and portfolio managers Justin Bergner and Simon Wong. The broader firm also emphasizes a centralized team of 30+ sector-focused analysts supporting its growth and value portfolios, which is relevant to the fund’s fundamental investment process. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001080720/000182912626002082/gut_ncsr.htm)) Income generation is a key part of the product proposition. In May 2025, the board approved the continuation of fixed monthly cash distributions of $0.05 per share for July, August, and September 2025. That kind of distribution policy is a central marketing feature for U.S.-listed closed-end funds, especially for investors seeking regular cash flow. At the same time, GUT’s market price can diverge materially from its net asset value, which is an important risk/valuation consideration for public-market investors. As of the 2024 annual report, the fund posted an NAV total return of 18.4% for the year ended December 31, 2024, versus 23.4% for the S&P 500 Utilities Index, while the NYSE-listed share price closed at $5.03. ([nasdaq.com](https://www.nasdaq.com/press-release/gabelli-utility-trust-continues-monthly-distributions-declares-distributions-005-2)) Recent notable events include the completion of a transferable rights offering in 2024 and the continuation of monthly distributions in 2025. For French, Belgian, and Swiss investors, GUT is best viewed as a U.S. NYSE-listed utilities exposure wrapped in a listed fund structure, with a long operating history, specialized management, and a cash-distribution profile that can be attractive but should be assessed alongside discount/premium dynamics and sector concentration. ([gabelli.com](https://gabelli.com/wp-content/uploads/2025/04/10.22.24PressReleaseGUTRightsResultsFINAL-1.pdf?utm_source=openai))