The Gabelli Dividend & Income Trust

The Gabelli Dividend & Income Trust (GDV) is a closed-ended equity mutual fund that primarily invests in dividend-paying stocks of companies operating across diversified sectors in the United States. The fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. Its investment strategy focuses on generating income and capital appreciation by selecting stocks that pay regular dividends. The fund benchmarks its performance against a combination of major indices, including the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index. Launched on November 28, 2003, and domiciled in the United States, GDV provides investors with exposure to a portfolio of income-generating equities.

The Gabelli Dividend & Income Trust (GDV) is listed on the New York Stock Exchange (NYSE), one of the largest and most prestigious stock exchanges in the world. The fund trades in US Dollars (USD), reflecting its primary market and the currency of its underlying investments. As a closed-end fund, its shares are bought and sold on the exchange like common stocks, with prices determined by market supply and demand. Investors can purchase or sell GDV shares through brokerage accounts during regular trading hours. The NYSE listing provides liquidity and transparency, making it accessible to both retail and institutional investors seeking exposure to a diversified portfolio of dividend-paying US equities.

The Gabelli Dividend & Income Trust (GDV) operates in the Financial Services sector, specifically within the Asset Management industry. As a closed-end fund, its primary business is managing a portfolio of securities on behalf of its shareholders. The fund's asset management activities include selecting and overseeing investments in dividend-paying stocks across various sectors of the US economy. Being classified under Asset Management means that GDV's performance is tied to the expertise of its investment team in stock selection and portfolio construction. The fund's management company, Gabelli Funds, LLC, is known for its value-oriented investment approach, focusing on companies with strong fundamentals and consistent dividend payments.

The Gabelli Dividend & Income Trust (GDV) generates returns for its shareholders through a combination of dividend income and capital appreciation from its equity investments. The fund's business model involves pooling capital from investors and deploying it into a diversified portfolio of US stocks that pay dividends. By focusing on dividend-paying companies, GDV aims to provide a steady income stream while also benefiting from potential stock price increases. The fund is actively managed by Gabelli Funds, LLC, which conducts research and makes investment decisions to outperform its benchmark indices. GDV charges management fees and expenses, which are deducted from the fund's assets, and its performance is reflected in the net asset value (NAV) and market price of its shares. The fund was formed on November 28, 2003, and has since provided investors with a vehicle for income-oriented equity investing.