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Gabelli Utility Trust (Gabelli Utility Trust) Other Expense


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Other Expense only applies to insurance companies.

Gabelli Utility Trust (Gabelli Utility Trust) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Utility Trust (NYSE:GUTpC.PFD) » Definitions » Other Expense
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Traded in Other Exchanges
GUT:USA
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Website
https://www.gabelli.com
Gabelli Utility Trust operates as a diversified closed-end investment management company. The fund's primary objective is the long-term growth of capital and income. To achieve its objective, the fund may invest 80% of its assets in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas, & water; and telecommunications services or infrastructure operations. It invests in various sectors, of which Electric Integrated, Water, Telecommunications, and U.S. Government Obligations account for the majority weightage.