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The Gabelli Equity Trust Inc.
One Corporate Center
Rye, New York 10580-1422

Information as of Sep 30, 2009
unless otherwise noted.
The Gabelli Equity Trust Inc. - Objective
 

The Gabelli Equity Trust is a closed-end, non-diversified management investment company whose investment objective is long-term growth of capital, with income as a secondary objective. Investments will be made based on management's perception of their potential for capital appreciation. The Fund seeks out undervalued companies with greater than average potential for growth.

The Equity Trust maintains a 10% Distribution Policy whereby the Trust pays out to common shareholders 10% of its average net assets each year. This distribution is paid quarterly.

 
Investors should consider the investment objectives, risks, sales charges and expense of the fund carefully before investing. The prospectus contains more complete information about this and other matters. The prospectus should be read carefully before investing.
You can obtain a prospectus by calling Gabelli & Company, Inc. at 1-800-GABELLI (1-800-422-3554), or contacting your financial representative or by visiting http://www.gabelli.com.
Distributed by Gabelli & Company, Inc. One Corporate Center, Rye, NY 10580.