GABELLI EQUITY TRUST INC

Gabelli Equity Trust Inc. is a closed-end equity mutual fund managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. The fund invests primarily in publicly traded U.S. equities across diversified sectors, with a focus on value stocks spanning multiple market capitalizations. The fund's investment approach combines fundamental analysis with bottom-up stock picking, targeting companies it identifies as undervalued relative to intrinsic value. Beyond common equities, the fund holds preferred stock, convertible or exchangeable securities, warrants, and rights.

The fund benchmarks its performance against major U.S. equity indices, including the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. As a closed-end investment company, Gabelli Equity Trust generates revenue through investment management fees charged on assets under management rather than through traditional operating business segments. The fund was established in August 1986 and is domiciled in the United States, with portfolio management based in Rye, New York.