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23.01.2014 00:03:00

Moody's assigns A1 rating to Gabelli Equity Trust's 5.00% Series H Fixed Rate Cumulative Preferred Shares

New York, January 22, 2014 -- Moody's Investors Service has assigned an A1 rating to Gabelli Equity Trust's (GAB or the "Fund") 5.00% Series H Preferred Shares. The long-term rating on the preferred shares is based on the Fund's adjusted leverage, portfolio profile and fixed charge coverage, as calculated by Moody's, combined with an assessment of the preferred shares' relative priority of claim.

Vollständigen Artikel bei Moodys lesen