GABELLI GLOBAL UTILITY & INCOME TRUST

Gabelli Global Utility & Income Trust is a closed-end investment fund incorporated in Delaware and headquartered in Rye, New York. Launched in May 2004 and managed by Gabelli Funds, LLC (a subsidiary of GAMCO Investors, Inc.), the fund operates as an equity mutual fund with a defined investment mandate centered on utility and income-generating securities.

The fund's portfolio strategy focuses primarily on publicly traded equities of companies involved in the generation and distribution of electricity, gas, and water services, as well as infrastructure operations. In addition to utility equities, the fund invests in preferred securities and dividend-paying stocks across other industries, alongside income-producing government securities. Holdings span multiple market capitalizations, both domestically and internationally. The fund benchmarks its performance against the S&P 500 Utilities Index, the Lipper Utility Fund Average, and the broader S&P 500 Index.

As a closed-end investment vehicle, the fund does not directly employ operational staff or generate traditional revenue; its operations are conducted through its investment management structure. With a current market capitalization of approximately $100 million, it operates with capital sourced from investor shareholders rather than traditional business operations.