Gabelli Equity Trust Announces Redemption of 5.45% Series J Cumulative Preferred Stock and Ongoing Closing of Private Placement of 4.25% Series M Cumulative Preferred Stock

The Board of Directors (the "Board") of The Gabelli Equity Trust (NYSE:GAB) (the "Fund") authorized the redemption of all of its 5.45% Series J Cumulative Preferred Stock (the "Series J Preferred"). The redemption date is January 31, 2022 (the "Redempti