The Gabelli Utility Trust Q1 2025 Commentary

Gabelli Funds
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Summary

  • Gabelli Utility Trust targets long-term growth and income by investing in utility and infrastructure companies, benefiting from rising U.S. electric demand and sector tailwinds.
  • Utilities outperformed the broader market in Q1 2025, driven by defensive characteristics, onshoring, electrification, and hyperscaler data center demand.
  • The fund trades at a significant premium to NAV, which I believe is unsustainable, and investors should be cautious about relying solely on past distributions.
  • Near-term outlook is favorable due to higher EPS growth potential, consolidation, and infrastructure value, but leverage and policy risks remain.

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PrathanChorruangsak

INVESTMENT OBJECTIVE

The Gabelli Utility Trust (NYSE:GUT) is a diversified, closed-end management investment company whose primary objectives are long term growth of capital and income. The Fund will invest in companies that provide products, services, or equipment for the generation or

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GAMCO Investors, Inc. is a well-known diversified asset manager and financial services company. The company's investment services are primarily offered through its subsidiary GAMCO Asset Managment Inc, which manages separate accounts for high net worth individuals, institutions, and qualified pension plans, and through the Company's role as advisor to a family of Mutual Funds. Note: This account is not managed or monitored by GAMCO Investors, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use GAMCO Investors' official channels.

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