The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. and managed by Gabelli Funds, LLC. It invests globally in public equities, focusing on companies substantially involved in the generation or distribution of electricity, gas, or water and infrastructure operations, as well as preferred securities of companies in other industries, with an emphasis on securities expected to pay periodic dividends. The fund also invests in income-producing securities, including governments, and in companies across market capitalizations. It benchmarks its performance against the S&P 500 Utilities Index, Lipper Utility Fund Average, and S&P 500 Index. Formed on May 28, 2004, the trust is based in the United States.