Gabelli Global Utility & Income Tr (GLU) - Net Assets
Based on the latest financial reports, Gabelli Global Utility & Income Tr (GLU) has net assets worth $129.67 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($129.92 Million) and total liabilities ($247.50K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check GLU asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $129.67 Million |
| % of Total Assets | 99.81% |
| Annual Growth Rate | 2.4% |
| 5-Year Change | -32.3% |
| 10-Year Change | -13.03% |
| Growth Volatility | 32.14 |
Gabelli Global Utility & Income Tr - Net Assets Trend (2006–2024)
This chart illustrates how Gabelli Global Utility & Income Tr's net assets have evolved over time, based on quarterly financial data. Also explore Gabelli Global Utility & Income Tr assets under control for the complete picture of this company's asset base.
Annual Net Assets for Gabelli Global Utility & Income Tr (2006–2024)
The table below shows the annual net assets of Gabelli Global Utility & Income Tr from 2006 to 2024. For live valuation and market cap data, see market value of Gabelli Global Utility & Income Tr.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $114.58 Million | -9.79% |
| 2023-12-31 | $127.02 Million | -18.65% |
| 2022-12-31 | $156.13 Million | -10.71% |
| 2021-12-31 | $174.86 Million | +3.32% |
| 2020-12-31 | $169.24 Million | -2.90% |
| 2019-12-31 | $174.29 Million | +4.98% |
| 2018-12-31 | $166.02 Million | +15.65% |
| 2017-12-31 | $143.56 Million | +8.06% |
| 2016-12-31 | $132.85 Million | +0.83% |
| 2015-12-31 | $131.75 Million | -7.10% |
| 2014-12-31 | $141.81 Million | -1.47% |
| 2013-12-31 | $143.93 Million | +127.53% |
| 2012-12-31 | $63.26 Million | -0.12% |
| 2011-12-31 | $63.33 Million | +0.56% |
| 2010-12-31 | $62.98 Million | +11.63% |
| 2008-12-31 | $56.42 Million | -27.46% |
| 2007-12-31 | $77.78 Million | +3.97% |
| 2006-12-31 | $74.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gabelli Global Utility & Income Tr's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 40.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $24.49 Million | 21.38% |
| Common Stock | $63.92 Million | 55.79% |
| Other Components | $26.17 Million | 22.84% |
| Total Equity | $114.58 Million | 100.00% |
Gabelli Global Utility & Income Tr Competitors by Market Cap
The table below lists competitors of Gabelli Global Utility & Income Tr ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lam Soon (Thailand) Public Company Limited
BK:LST
|
$118.59 Million |
|
DAM CAPITAL ADVISORS LTD
NSE:DAMCAPITAL
|
$118.60 Million |
|
SYN prop e tech S.A.
SA:SYNE3
|
$118.61 Million |
|
Shanghai Diesel Engine Co Ltd B
SHG:900920
|
$118.61 Million |
|
Yibitas Yozgat Isci Birligi Insaat Malzemeleri Ticaret Sanayi AS
IS:YBTAS
|
$118.53 Million |
|
Apollo Food Holdings Bhd
KLSE:6432
|
$118.50 Million |
|
Smith & Nephew PLC
LSE:SN
|
$118.48 Million |
|
SHANGHAI FUDAN H YC-,10
F:FDY
|
$118.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gabelli Global Utility & Income Tr's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 127,015,789 to 114,582,523, a change of -12,433,266 (-9.8%).
- Net income of 8,523,709 contributed positively to equity growth.
- Other comprehensive income increased equity by 69,982,488.
- Other factors decreased equity by 90,939,463.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.52 Million | +7.44% |
| Other Comprehensive Income | $69.98 Million | +61.08% |
| Other Changes | $-90.94 Million | -79.37% |
| Total Change | $- | -9.79% |
Book Value vs Market Value Analysis
This analysis compares Gabelli Global Utility & Income Tr's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $20.49 | $19.81 | x |
| 2011-12-31 | $20.57 | $19.81 | x |
| 2012-12-31 | $20.44 | $19.81 | x |
| 2013-12-31 | $34.91 | $19.81 | x |
| 2014-12-31 | $34.49 | $19.81 | x |
| 2015-12-31 | $31.57 | $19.81 | x |
| 2016-12-31 | $31.83 | $19.81 | x |
| 2017-12-31 | $34.40 | $19.81 | x |
| 2018-12-31 | $36.33 | $19.81 | x |
| 2019-12-31 | $31.98 | $19.81 | x |
| 2020-12-31 | $31.03 | $19.81 | x |
| 2021-12-31 | $32.04 | $19.81 | x |
| 2022-12-31 | $28.32 | $19.81 | x |
| 2023-12-31 | $21.28 | $19.81 | x |
| 2024-12-31 | $19.18 | $19.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gabelli Global Utility & Income Tr utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.44%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 224.53%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.03x
- Recent ROE (7.44%) is above the historical average (3.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 21.50% | 93.54% | 0.23x | 1.00x | $8.61 Million |
| 2007 | 9.82% | 86.51% | 0.11x | 1.00x | $-139.36K |
| 2008 | -31.37% | -555.67% | 0.06x | 1.00x | $-23.34 Million |
| 2010 | 8.86% | 92.06% | 0.10x | 1.00x | $-719.13K |
| 2011 | 6.21% | 90.98% | 0.07x | 1.00x | $-2.40 Million |
| 2012 | 5.23% | 89.00% | 0.06x | 1.00x | $-3.02 Million |
| 2013 | 11.37% | 97.47% | 0.11x | 1.02x | $1.97 Million |
| 2014 | 2.22% | 65.07% | 0.03x | 1.00x | $-11.03 Million |
| 2015 | -2.47% | -93.06% | 0.03x | 1.00x | $-16.43 Million |
| 2016 | 5.86% | 103.00% | 0.06x | 1.00x | $-5.50 Million |
| 2017 | 12.24% | 97.32% | 0.13x | 1.00x | $3.21 Million |
| 2018 | -4.33% | 0.00% | -0.04x | 1.02x | $-23.79 Million |
| 2019 | 11.40% | 97.35% | 0.12x | 1.01x | $2.43 Million |
| 2020 | 2.31% | 88.52% | 0.03x | 1.00x | $-13.01 Million |
| 2021 | 9.88% | 96.24% | 0.10x | 1.00x | $-215.85K |
| 2022 | -11.56% | 0.00% | -0.11x | 1.00x | $-33.66 Million |
| 2023 | 2.92% | 70.96% | 0.04x | 1.00x | $-9.00 Million |
| 2024 | 7.44% | 224.53% | 0.03x | 1.03x | $-2.93 Million |
Industry Comparison
This section compares Gabelli Global Utility & Income Tr's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $896,093,866
- Average return on equity (ROE) among peers: -12.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gabelli Global Utility & Income Tr (GLU) | $129.67 Million | 21.50% | 0.00x | $118.55 Million |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.79 Billion | 7.51% | 0.00x | $3.59 Billion |
| Associated Capital Group Inc (AC) | $878.25 Million | 1.16% | 0.08x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $304.00 Million | 32.66% | 0.17x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $1.40 Million | -229.54% | 1.40x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $83.45 Million | -7.38% | 0.39x | $359.65 Million |
| Affiliated Managers Group Inc (AMG) | $1.30 Billion | -0.10% | 1.49x | $8.37 Billion |
| Ameriprise Financial Inc (AMP) | $4.73 Billion | 54.05% | 36.05x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $632.43 Million | 16.58% | 4.38x | $42.91 Million |
| Artisan Partners Asset Management Inc (APAM) | $-736.58 Million | 0.00% | 0.00x | $2.60 Billion |
About Gabelli Global Utility & Income Tr
The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water a… Read more