Gabelli Utility Trust to Redeem Its Outstanding 5.625% Series A Cumulative Preferred Shares

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Nov 17, 2021

The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT, Financial) (the “Fund”) authorized the redemption of all outstanding 5.625% Series A Cumulative Preferred Shares (the “Series A Preferred Shares’). The redemption date will be announced at a later date. The redemption price is $25.00 per Series A Preferred Share, plus an amount equal to any accumulated and unpaid dividends to the redemption date.