"Gabelli Dividend & Income Trust trades at roughly $29 and pays a $0.15 monthly distribution, which annualizes to about 6.2% on the share price."
"The fund holds primarily dividend-paying equities, with income derived from dividends, capital gains, and return of capital."
"Average earnings per share as of year-end 2025 were just $0.037, a fraction of the $0.15 monthly distribution, confirming significant return of capital."
"GDV's portfolio is anchored by large, well-capitalized companies, with financial services representing 18% of the fund, the largest sector."
Gabelli Dividend & Income Trust (GDV) trades at approximately $29, providing a monthly distribution of $0.15, equating to an annual yield of about 6.2%. The fund operates as a closed-end management investment company, primarily investing in dividend-paying equities. It employs modest leverage of 14.6% and has a total expense ratio of 1.83%. The distribution is managed, allowing for adjustments based on portfolio performance, which may include return of capital. The fund's holdings are concentrated in large, well-capitalized companies across various sectors.
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