Gabelli Dividend & Income Trust (GDV) announced a plan to spin-off of a new preferred-focused fund, Gabelli Preferred Securities Trust (GPS). GDV increased its monthly distribution by over 27%, from ...
The Gabelli Dividend & Income Trust is a diversified equity closed-end fund with a value-oriented approach. GDV consistently trades at a deep discount, but this discount has widened in recent years.
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