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Gabelli Utility Trust sees strong utility sector growth in H1 2026 despite market volatility

Market News
22 Sep 2026
Seeking Alpha
View Source
Bullish
Gabelli Utility Trust sees strong utility sector growth in H1 2026 despite market volatility

The Gabelli Utility Trust, a diversified closed-end investment company, reported solid performance in the first half of 2026. The S&P 500 Utilities Index rose 7.7%, underperforming the broader S&P 500 and NASDAQ indices, which gained 10.2% and 12.8% respectively. Despite recent market volatility, the outlook for utility stocks remains positive, supported by top contributors like Anterix Inc., ONEOK Inc., NextEra Energy Inc., and Evergy Inc. This suggests continued potential for long-term capital growth and income in the utility sector.

NextEra Energy, one of the key contributors mentioned in the Gabelli Utility Trust commentary, trades at USD 79.69 on Pluang with a slight 1-day gain of 0.08%. The stock shows a dividend yield of 3.13% and a market cap of $166.11 billion. These figures are current as of Sep 22, 2026 23:23 WIB.

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