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As a long time lurker, I have enjoyed the discussions thru the years. I am late 60's and looking to get you thoughts on GABUX. It looks to be providing a constant dividend stream of $.07 per month. Any pros and or cons would be greatly appreciated or for that matter, other suggestions...
Dear Greatride: I consider Gabelli Utilities AAA as a run-of the-mill fund. I've link some that I think are better. The expense ratio of 1.39 for this fund is very high, and must admit I'm not a fan of Super Mario ! Also, look at XLU Regards, Ted http://money.usnews.com/funds/mutual-funds/utilities/gabelli-utilities-fund/gauax
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Regards,
Ted
http://money.usnews.com/funds/mutual-funds/utilities/gabelli-utilities-fund/gauax
http://www.morningstar.com/advisor/t/78990424/slow-growth-but-a-high-dividend-and-low-volatility-our-favorite-utilities-etf.htm