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IN BRIEF: Gabelli Value Plus+ bounces back from virus-hit year

Wed, 09th Jun 2021 19:09

Gabelli Value Plus+ Trust PLC - investment firm - Annual net asset value per share rises 63% to 168.5 pence on March 31, from 103.0p. Declares 1.2p per share dividend in respect to year ended March, up 9.1% compared to 1.1p in financial 2020. "By all measures, the fiscal year ending on 31 March 2021 was a very good year in performance terms for Gabelli Value Plus+ Trust," company says. "Of course, this was coming off a disappointing prior year, when the global pandemic was hitting the US stock market, and all global markets, exceptionally hard."

Current stock price: 164.00p

Year-to-date change: up 15%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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UPDATE: Gabelli Value Plus Shareholder Remains Opposed To Liquidation

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