Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.15 Per Share

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May 13, 2022

The Board of Directors of The Gabelli Equity Trust Inc. (NYSE:GAB, Financial) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.15 per share cash distribution payable on June 23, 2022 to common stock shareholders of record on June 15, 2022.