RYE, N.Y., Aug. 25, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.10 per share for each of October, November, and December 2023. Distribution MonthRecord DatePayable Date Distribution Per Share OctoberOctober 17, 2023October 24, 2023 $0.10 NovemberNovember 15, 2023November 22, 20
RYE, N.Y., Aug. 25, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees (the “Board”) of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) is pleased to announce an increase in the annual dividend rate on the Fund’s Series B Cumulative Puttable and Callable Preferred Shares (the “Series B Preferred”), to 5.20%, effective September 26, 2023 for the quarterly dividend payable on December 26, 2023. The Board also approved an additional put date on December 26, 2024. The Series
TALKIN’ ‘BOUT 3 GENERATIONS OF DINSMORE CONVERTIBLE MANAGEMENT A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6dbbac6e-7a71-478e-910e-5ab37f8f1e2c RYE, N.Y., July 18, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds is pleased to present a video tracing the 50+ year history of the oldest, existing closed-end fund specializing in convertible securities. Ronald Dinsmore founded the Bancroft Fund in 1971. Mr. Dinsmore was a pioneer in the closed-end