- CUSIP
- 362397101
- Issuer
- Gabelli Funds
- Inception Date
- Aug 21, 1986
- Category
- Large Cap Value Equities
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
GAB Performance Chart
The Gabelli Equity Trust Inc (GAB) is down 3.8% since the beginning of the year. GAB is currently trading at $6 per share. Investors who bought $1,000 worth of GAB shares 5 years ago would now be looking at an investment worth $1,336.
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Returns By Period
The Gabelli Equity Trust Inc (GAB) has returned -3.79% so far this year and 9.32% over the past 12 months. Over the last ten years, GAB has returned 11.38% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
The Gabelli Equity Trust Inc
- 1D
- 1.46%
- 1M
- 2.91%
- YTD
- -3.79%
- 6M
- -3.79%
- 1Y
- 9.32%
- 3Y*
- 10.79%
- 5Y*
- 5.96%
- 10Y*
- 11.38%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GAB Monthly Returns History
Based on dividend-adjusted daily data since Nov 5, 1987, GAB's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, an investment would double in approximately 7.2 years.
Historically, 59% of months were positive and 41% were negative. The best month was May 2009 with a return of +23.6%, while the worst month was Oct 2008 at -29.6%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.
On a daily basis, GAB closed higher 45% of trading days. The best single day was Mar 24, 2020 with a return of +19.9%, while the worst single day was Oct 6, 2008 at -14.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.46% | 1.64% | -6.00% | 1.25% | -1.06% | 1.99% | -3.79% | ||||||
| 2025 | 2.79% | 0.72% | 1.70% | -0.54% | 5.11% | 3.70% | 0.00% | 4.98% | 2.10% | -0.00% | 1.31% | 2.49% | 27.03% |
| 2024 | 0.59% | 7.24% | 3.44% | -4.17% | 3.78% | -2.61% | 5.38% | 2.19% | 0.79% | -2.19% | 7.82% | -4.60% | 18.05% |
| 2023 | 6.75% | -0.85% | 1.64% | -1.39% | -5.12% | 10.89% | -2.24% | -3.70% | -3.43% | -9.55% | 9.91% | 2.49% | 3.37% |
| 2022 | -3.34% | -1.44% | 3.37% | -1.88% | -1.76% | -6.55% | 3.11% | -0.32% | -10.18% | -2.18% | 13.94% | -8.31% | -16.30% |
| 2021 | -1.59% | 7.62% | 4.94% | 4.18% | 6.12% | -4.42% | -3.33% | 3.30% | -1.34% | 3.91% | 2.32% | 4.26% | 28.26% |
Benchmark Metrics
The Gabelli Equity Trust Inc has an annualized alpha of 1.89%, beta of 0.83, and R2 of 0.38 versus S&P 500 Index. Calculated based on daily prices since November 05, 1987.
- This fund participated in 94.50% of S&P 500 Index downside but only 89.11% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.38 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.89%
- Beta
- 0.83
- R²
- 0.38
- Upside Capture
- 89.11%
- Downside Capture
- 94.50%
Expense Ratio
GAB has an expense ratio of 0.01%, which is considered low.
Return for Risk
Risk / Return Rank
GAB ranks 8 for risk / return — in the bottom 8% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for The Gabelli Equity Trust Inc (GAB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GAB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.39 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.37 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 2.78 | -2.06 |
| Martin ratioReturn relative to average drawdown | 1.82 | 12.44 | -10.62 |
Dividends
Dividend History
The Gabelli Equity Trust Inc provided a 10.72% dividend yield over the last twelve months, with an annual payout of $0.60 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.60 | $0.59 | $0.59 | $0.59 | $0.59 | $0.62 | $0.58 | $0.58 | $0.62 | $0.59 | $0.58 | $0.61 |
Dividend yield | 10.72% | 9.72% | 11.15% | 11.81% | 10.95% | 8.72% | 9.57% | 9.85% | 12.55% | 9.80% | 10.87% | 12.05% |
Monthly Dividends
The table displays the monthly dividend distributions for The Gabelli Equity Trust Inc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.30 | ||||||
| 2025 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.59 |
| 2024 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.59 |
| 2023 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.59 |
| 2022 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.59 |
| 2021 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.18 | $0.62 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the The Gabelli Equity Trust Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the The Gabelli Equity Trust Inc was 74.62%, occurring on Mar 9, 2009. Recovery took 488 trading sessions.
The current The Gabelli Equity Trust Inc drawdown is 6.67%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -74.62%Mar 2009 | 1y 7mo | 1y 11mo | 3y 6moJul 2007 - Feb 2011 |
Dot-com crash2000–2002 | -47.11%Oct 2002 | 4mo 26d | 2y 1mo | 2y 6moMay 2002 - Dec 2004 |
COVID crash2020 | -46.92%Mar 2020 | 28d | 7mo 2d | 8moFeb 2020 - Oct 2020 |
1990 bear market1990 | -33.02%Sep 1990 | 9mo 16d | 1y 10mo | 2y 7moDec 1989 - Jul 1992 |
2016 bear market2016 | -32.21%Jan 2016 | 1y 10mo | 1y 27d | 2y 11moMar 2014 - Feb 2017 |
Drawdown Indicators
| GAB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.62% | -56.78% | -17.84% |
Max Drawdown (1Y)Largest decline over 1 year | -12.90% | -9.10% | -3.80% |
Max Drawdown (3Y)Largest decline over 3 years | -19.63% | -18.90% | -0.73% |
Max Drawdown (5Y)Largest decline over 5 years | -26.60% | -25.43% | -1.17% |
Max Drawdown (10Y)Largest decline over 10 years | -46.92% | -33.92% | -13.00% |
Current DrawdownCurrent decline from peak | -6.67% | -1.80% | -4.87% |
Average DrawdownAverage peak-to-trough decline | -10.64% | -10.71% | +0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.14% | 2.03% | +3.11% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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