Gabelli Equity Trust Series K Preferred Yield Surpasses 6% Mark

The effective yield on Gabelli Equity Trust's Series K Cumulative Preferred Stock has climbed above 6%. This shift occurs as the preferred shares diverge in performance from the trust's common equity.

• Effective yield for GAB.PRK now exceeds 6%
• Preferred shares declined 0.2% in recent trading
• Common shares (GAB) rose 0.7%
• Fixed dividend rate remains at 5.00%
• Price action shows divergence between common and preferred equity