The Gabelli Global Utility & Income Trust (GLU)
Market Closed
4 Jun, 20:00
AMEX AMEX Primary $
19. 38
+0.11
+0.5708%
$
- Market Cap
- Div Yield
7,636 Volume
$ 19.27
Previous Close Investors:
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GLU: Data Centers Serve As A Growth Catalyst (Rating Upgrade)
Gabelli Global Utility & Income Trust is upgraded to Buy, driven by strong earnings, robust dividend coverage, and exposure to AI data center growth. GLU offers a 6.6% yield, monthly payouts, and trades at a 1.14% discount to NAV, near the high end of its historical range. GLU relies on net realized gains to support distributions, making NAV growth sensitive to market momentum and sector performance.
Seekingalpha | 1 month ago
