Summary

• The Gabelli Global Utility & Income Trust is a non-diversified, closed-end management investment company.
• In the first quarter of 2026, the S&P 500 Utilities Index gained 8.3%, significantly outperforming the broader market, as the S&P 500 Index declined 4.3% and the NASDAQ fell 7.1%.
• Globally, the conflict has broader implications, particularly in Europe, where energy markets face renewed stress.

Investment Objective

The Gabelli Global Utility & Income Trust is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a consistent level of after-tax total return for its investors with an emphasis on tax-advantaged dividend