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Gabelli Dividend & Income Trust offers a 6.2% yield with a managed payout and a 10% discount to NAV.

Market News
17 Apr 2026
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Gabelli Dividend & Income Trust (GDV) trades at a 10% discount to its net asset value and offers a 6.2% annualized yield through a managed monthly distribution of $0.15 per share. The fund invests in large, dividend-paying companies like Mastercard, JPMorgan Chase, and American Express, with modest leverage of about 14.6%. While earnings per share are low, distributions are supported by capital gains and return of capital, making the payout sustainable in the near term. GDV has delivered strong total returns and has steadily increased its payout, appealing to income investors comfortable with managed distributions and large-cap stocks.

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