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IN BRIEF: Gabelli Value Plus Outperformed By Benchmarks

Wed, 01st Jul 2020 17:39

Gabelli Value Plus Trust PLC - US equities investor - Net asset value per share at March 31 year end down 25% to 103.0 pence each from 137.9p. Swings to negative return of 25% from 6.9% in financial 2019. Outperformed by Russell 3000 Value Index and S&P 500 which returned negative 14% and negative 2.5%, respectively. Raises final payout by a third to 1.00p per share from 0.75p.

Current stock price: 111.00p

Year-to-date change: down 16%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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