Compare · GUT vs MMT

GUT vs MMT

Side-by-side comparison of Gabelli Utility Trust (GUT) and Aberdeen Multi-Market Income Fund (MMT): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both GUT and MMT operate in Trusts Except Educational Religious and Charitable (Finance), so they compete in similar markets.
  • MMT is the larger of the two at $1.01B, about 2.6x GUT ($390.9M).
  • Both names hit the wire about 2 times in the past 4 weeks.
MetricGUTMMT
Company
Gabelli Utility Trust
Aberdeen Multi-Market Income Fund
Price
-
-
Market cap
$390.9M
$1.01B
1M return
-
-
1Y return
-
-
Industry
Trusts Except Educational Religious and Charitable
Trusts Except Educational Religious and Charitable
Exchange
NYSE
NYSE
IPO
1987
News (4w)
2
2
Recent ratings
0
0
GUT

Gabelli Utility Trust

The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets across the globe. It makes its investments in stocks of companies providing products, services, or equipment for the generation or distribution of electricity, gas, water, telecommunications services, and infrastructure operations. The fund invests in stocks of companies across market capitalization. It benchmarks the performance of its portfolio against S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. The Gabelli Utility Trust was formed on July 9, 1999 and is domiciled in United States.

MMT

Aberdeen Multi-Market Income Fund

MFS Multimarket Income Trust is a United States based diversified closed-end management investment company. Fund Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market.