Gamco Investor a Aktie
WKN: A0F56H / ISIN: US3614381040
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29.03.2016 13:48:00
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Moody's assigns A1 rating to Gabelli Equity Trust's Series J Cumulative Preferred Stock
New York, March 29, 2016 -- Moody's Investors Service has assigned an A1 rating to Gabelli Equity Trust's (Ticker: GAB, or the "fund") fixed rate Series J Cumulative Preferred Stock. The long-term rating of 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. Moody's also affirms the ratings of the fund's Series C, D, E and H preferred stock at A1.
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