Gabelli Utility Trust Announces Rights Offering for Common Shares Record Date and Summary of Terms

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Mar 02, 2021
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The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT, Financial) (the “Fund”) has approved a transferable rights offering which would allow the Fund’s record date common shareholders to acquire additional common shares (the “Offering”). The Offering will be made only by means of a prospectus, and this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Fund’s securities.