Richard Walz - Gabelli Utility Chief Compliance Officer

GUT Fund  USD 5.48  0.02  0.37%   
Richard Walz is Fund Manager at Gabelli Utility Closed
Mr. Richard J. Walz is Chief Compliance Officer of the Company. He is Chief Compliance Officer of all of the registered investment companies within the GabelliGAMCO Fund Complex since 2013 Chief Compliance Officer of AEGON USA Investment Management, 20112013 Chief Compliance Officer of Cutwater Asset Management, 20042011.
Age 60
Tenure 12 years
Phone914-921-5000
Webhttps://www.gabelli.com/Template/fundinfo.cfm?tid=NDRiZjk=&bid=MmMzNQ==&mid=OWEyMA==&num=ZDQzOQ==&kid=MzM4ZDI=&fid=YjBiNA==&rid=311-=edoc_dnuf

Gabelli Utility Management Performance (%)

The company has Return on Asset of 0.62 % which means that on every $100 spent on assets, it made $0.62 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.19 %, implying that it generated $1.19 on every 100 dollars invested. Gabelli Utility's management efficiency ratios could be used to measure how well Gabelli Utility manages its routine affairs as well as how well it operates its assets and liabilities.
Gabelli Utility Closed has 7.2 K in debt. Gabelli Utility Closed has a current ratio of 1.06, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Debt can assist Gabelli Utility until it has trouble settling it off, either with new capital or with free cash flow. So, Gabelli Utility's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gabelli Utility Closed sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gabelli to invest in growth at high rates of return. When we think about Gabelli Utility's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Bradford GallagherAllianzgi Equity Convertible
75
John BallGabelli Equity Trust
44
Deborah JacksonJohn Hancock Income
68
Charles BardelisJohn Hancock Income
79
Bruce CPAGabelli Global Small
73
Grace FeyJohn Hancock Income
74
Howard CFAJohn Hancock Income
N/A
Mario CFAGabelli Global Small
82
James ConnGabelli Global Small
82
Mario CFAGabelli MultiMedia Mutual
83
James ConnGabelli Healthcare WellnessRx
82
Thomas HarterAllianzgi Equity Convertible
45
Caesar LLBGabelli MultiMedia Mutual
N/A
William CunninghamJohn Hancock Income
76
Gregory RussoJohn Hancock Income
71
Marianne HarrisonJohn Hancock Income
57
James OatesJohn Hancock Income
74
Orhan DzemailiAllianzgi Equity Convertible
46
Robert KolodnyGabelli Healthcare WellnessRx
74
Peter BurgessJohn Hancock Income
78
Deborah DeCotisAllianzgi Equity Convertible
69
The Gabelli Utility Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The Gabelli Utility Trust was formed on July 9, 1999 and is domiciled in United States. Gabelli Utility operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not classified under any group at the present time.

Management Performance

Gabelli Utility Closed Leadership Team

Elected by the shareholders, the Gabelli Utility's board of directors comprises two types of representatives: Gabelli Utility inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gabelli. The board's role is to monitor Gabelli Utility's management team and ensure that shareholders' interests are well served. Gabelli Utility's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gabelli Utility's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bruce Alpert, President Acting Chief Compliance Officer
Salvatore Zizza, Independent Trustee
Kuni Nakamura, Independent Trustee
Mario Gabelli, Chairman of the Board of Trustees, Chief Investment Officer
John Birch, Independent Trustee
Elizabeth Bogan, Independent Trustee
David Schachter, Vice President and Ombudsman
Michael Melarkey, Independent Trustee
Leslie Foley, Independent Trustee
John Gabelli, Trustee
Vincent Enright, Independent Trustee
Agnes Mullady, President of the Open-End Fund Division and COO of the Open-End Fund Division
Peter Goldstein, Vice President Secretary
Richard Walz, Chief Compliance Officer
Daniel Plourde, Vice President
Frank Fahrenkopf, Independent Trustee
James Conn, Lead Independent Trustee
Robert Morrissey, Independent Trustee
Andrea Mango, Vice President, Secretary
Michael Ferrantino, Independent Trustee
John Ball, Principal Financial and Accounting Officer, Treasurer

Gabelli Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Gabelli Utility a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Other Information on Investing in Gabelli Fund

Gabelli Utility financial ratios help investors to determine whether Gabelli Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gabelli with respect to the benefits of owning Gabelli Utility security.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes