Gabelli Global Utility & Income Trust, Series A Cumulative, Puttable/Callable Redeemable Preferred Shares

For year 1 (6/13 to 6/14) the coupon will be 6%. During years 2 and 3 (6/14 to 6/16) the coupon will be 3%. After 6/16 the coupon will be be announced by the board of directors for subsequent dividend periods. That rate will be 200 basis points (2%) plus the 10 year treasury. The rate shall not be less than 3% nor more than 5%. The fund will redeem all shares properly “put” to it during the period 30 days prior to 6/26/2015 and 6/26/2018. The redemption is at $50/share plus accrued dividends.

Coupon as of 12/31/2018 is 3.80%

NOTE THIS SECURITY IS NOW TRADING AS A PERPETUAL PREFERRED–ALL “PUT” PERIODS HAVE PASSED


Dividends Paid by Closed End Fund Preferreds may be qualified or may not be qualified distributions. Investors should check the issuer info closely to see what the current dividend status is at the time of investment




GLU-A
GLU
NA
06/24/2013
06/19/2019
None
1,032,000
0
6.00%
$50.00
Yes
No
0.475
MAR, JUN, SEP, DEC
15
MAR, JUN, SEP, DEC
26
NR
B
NR