Gabelli Utility Trust is a closed-ended mutual fund launched and managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. The fund makes its investments in energy and utilities, repurchase agreements, telecommunications, cable and satellite, diversified industrial, wireless communications, environmental services, equipment and supplies, communication equipment, metals and mining, and agricultural sectors. It primarily invests in value stocks, focusing on companies whose securities have the potential to increase in value. The fund benchmarks the performance of its portfolios against S&P 500 Utilities Index. Gabelli Utility Trust was formed in July 7, 1999 and is domiciled in United States.