GABELLI UTILITY TRUST

Gabelli Utility Trust is a closed-end investment fund organized as a Delaware corporation and headquartered in Rye, New York. The fund is launched and managed by GAMCO Investors, Inc. through its subsidiary Gabelli Funds, LLC. As a closed-end equity mutual fund, it pools capital from investors to construct and manage a diversified portfolio of publicly traded securities.

The fund's investment strategy focuses on equity securities of companies operating in utility and infrastructure sectors. Portfolio holdings include companies engaged in the generation and distribution of electricity and gas, water supply and treatment, telecommunications services, and broader infrastructure operations. The fund maintains a global investment mandate but emphasizes exposure to utility companies across varying market capitalizations. Performance is benchmarked against the S&P 500 Utilities Index, the Lipper Utility Fund Average, and the broader S&P 500 Index.

The fund was established in July 1999 and operates within the asset management segment of the financial services industry. As a closed-end investment vehicle, its capital base is fixed at inception rather than open to continuous investor inflows and redemptions. The fund's scale, measured by assets under management, totals approximately $300 million.