GlobeNewswire·Nov 11, 2026, 10:50 AM ET

Gabelli Equity Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.15 Per Share

The Board of Directors of The Gabelli Equity Trust Inc. declared a $0.15 per share cash distribution payable on December 18, 2026.
Shareholders of record on December 11, 2026, are eligible to receive this distribution.
The distribution satisfies the Fund's 10% policy & exceeds the calculated $0.56 annual requirement by $0.04 per share.
The 10% policy is based on the average net asset value over the preceding four calendar quarters.
Approximately 5% of the 2026 distribution is estimated from net investment income, 26% from net capital gains, & 69% as a return of capital.
The estimated return of capital is not taxable but reduces the shareholder's cost basis.
Long-term capital gains & qualified dividends may be subject to a 20% federal tax rate & a 3.8% Medicare surcharge for high-income shareholders.
Final tax reporting components will be determined after year-end & distributed to shareholders via Form 1099-DIV in early 2027.
The Fund's distribution policy is subject to modification by the Board of Directors at any time.
The Gabelli Equity Trust is a closed-end management investment company with $2.3 billion in total net assets.