GAB-P-K: GABELLI EQUITY TRUST INC 5% Series K Preferred Stock
GABELLI EQUITY TRUST INC's GAB-P-K is an exchange-traded preferred stock.
At a recent price of $20.14, GAB-P-K yields 6.21% on its $25 liquidation preference and 5% coupon.
It trades at a discount of 19.4% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2024-12-16.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.