The Gabelli Global Utility & Income Trust (NYSE: GLU) is a closed-end management investment company that seeks to provide shareholders with high current income and the potential for capital appreciation. Since its inception in January 2004, the Trust has focused on investing in equity securities of utility companies around the world. Its portfolio is designed to capture dividend income from established electric, gas, water and multi-utilities businesses, emphasizing both developed and emerging markets.
Under the sponsorship of GAMCO Investors, Inc., the Trust’s management team leverages Gabelli Funds’ expertise in income-oriented investing and global utility analysis. The portfolio managers conduct fundamental research to identify utility companies with strong cash flows, stable regulatory environments and attractive dividend yields. By blending U.S. utility names with select foreign issuers, the Trust aims to mitigate single-country risk while capitalizing on regional growth trends in infrastructure and energy distribution.
Geographically, the Trust’s holdings span North America, Europe and parts of Asia, providing diversified exposure to utilities across multiple regulatory frameworks and economic cycles. This global scope allows the Trust to benefit from currency diversification and to pursue income opportunities in markets where utility dividends may be more attractive than those available domestically.
The Gabelli Global Utility & Income Trust is governed by a board of directors and overseen by veteran portfolio managers and analysts specializing in the utility sector. Its disciplined investment approach combines rigorous fundamental analysis with ongoing risk assessment to align with the Trust’s income-oriented objectives. As a closed-end fund, it offers investors a vehicle for long-term exposure to global utilities through a professionally managed structure.
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