The Gabelli Dividend & Income Trust
Schedule of Investments March 31, 2019 (Unaudited)
Shares |
Market |
|||||||
COMMON STOCKS 97.7% |
| |||||||
Aerospace 2.7% |
| |||||||
255,000 | Aerojet Rocketdyne Holdings Inc. | $ | 9,060,150 | |||||
38,000 | Kaman Corp. | 2,220,720 | ||||||
91,800 | Rockwell Automation Inc. | 16,107,228 | ||||||
1,425,000 | Rolls-Royce Holdings plc | 16,763,396 | ||||||
53,200 | The Boeing Co. | 20,291,544 | ||||||
|
|
|||||||
64,443,038 | ||||||||
|
|
|||||||
Agriculture 0.0% |
| |||||||
2,000 | Bunge Ltd. | 106,140 | ||||||
|
|
|||||||
Automotive 0.6% |
| |||||||
75,000 | Ford Motor Co. | 658,500 | ||||||
12,000 | General Motors Co. | 445,200 | ||||||
272,000 | Navistar International Corp. | 8,785,600 | ||||||
84,000 | PACCAR Inc. | 5,723,760 | ||||||
|
|
|||||||
15,613,060 | ||||||||
|
|
|||||||
Automotive: Parts and Accessories 2.5% |
| |||||||
3,000 | Allison Transmission Holdings Inc. | 134,760 | ||||||
52,676 | Aptiv plc | 4,187,215 | ||||||
209,932 | Dana Inc. | 3,724,194 | ||||||
8,225 | Delphi Technologies plc | 158,414 | ||||||
20,811 | Garrett Motion Inc. | 306,546 | ||||||
338,000 | Genuine Parts Co. | 37,866,140 | ||||||
7,000 | Lear Corp. | 949,970 | ||||||
30,700 | OReilly Automotive Inc. | 11,920,810 | ||||||
13,000 | Visteon Corp. | 875,550 | ||||||
|
|
|||||||
60,123,599 | ||||||||
|
|
|||||||
Aviation: Parts and Services 0.1% |
| |||||||
92,000 | Arconic Inc. | 1,758,120 | ||||||
8,464 | United Technologies Corp. | 1,090,925 | ||||||
|
|
|||||||
2,849,045 | ||||||||
|
|
|||||||
Broadcasting 1.2% |
| |||||||
39,800 | CBS Corp., Cl. A, Voting | 1,894,878 | ||||||
930,000 | Entercom Communications Corp., Cl. A | 4,882,500 | ||||||
15,000 | Liberty Broadband Corp., Cl. C | 1,376,100 | ||||||
61,763 | Liberty Global plc, Cl. A | 1,539,134 | ||||||
323,570 | Liberty Global plc, Cl. C | 7,833,630 | ||||||
12,000 | Liberty Media Corp.-Liberty SiriusXM, Cl. A | 458,160 | ||||||
60,000 | Liberty Media Corp.-Liberty SiriusXM, Cl. C | 2,294,400 | ||||||
101,000 | MSG Networks Inc., Cl. A | 2,196,750 | ||||||
40,000 | Sinclair Broadcast Group Inc., Cl. A | 1,539,200 | ||||||
104,158 | Tribune Media Co., Cl. A | 4,805,850 | ||||||
|
|
|||||||
28,820,602 | ||||||||
|
|
|||||||
Building and Construction 1.3% |
| |||||||
10,000 | Arcosa Inc. | 305,500 | ||||||
125,000 | Armstrong Flooring Inc. | 1,700,000 | ||||||
70,000 | Fortune Brands Home & Security Inc. | 3,332,700 | ||||||
243,050 | Herc Holdings Inc. | 9,474,089 | ||||||
387,018 | Johnson Controls International plc | 14,296,445 |
Shares |
Market |
|||||||
11,200 | Sika AG | $ | 1,564,569 | |||||
5,000 | United Rentals Inc. | 571,250 | ||||||
|
|
|||||||
31,244,553 | ||||||||
|
|
|||||||
Business Services 2.8% |
| |||||||
25,000 | Aramark | 738,750 | ||||||
50,000 | Diebold Nixdorf Inc. | 553,500 | ||||||
164,301 | Fly Leasing Ltd., ADR | 2,273,926 | ||||||
6,000 | Jardine Matheson Holdings Ltd. | 374,160 | ||||||
52,000 | JCDecaux SA | 1,581,944 | ||||||
325,000 | Macquarie Infrastructure Corp. | 13,396,500 | ||||||
171,800 | Mastercard Inc., Cl. A | 40,450,310 | ||||||
50,000 | Stericycle Inc. | 2,721,000 | ||||||
17,000 | The Brinks Co. | 1,281,970 | ||||||
100,000 | Trine Acquisition Corp. | 1,002,000 | ||||||
26,600 | Visa Inc., Cl. A | 4,154,654 | ||||||
|
|
|||||||
68,528,714 | ||||||||
|
|
|||||||
Cable and Satellite 1.3% |
| |||||||
54,000 | AMC Networks Inc., Cl. A | 3,065,040 | ||||||
2,445 | Charter Communications Inc., Cl. A | 848,195 | ||||||
15,000 | Cogeco Inc. | 882,703 | ||||||
256,000 | Comcast Corp., Cl. A | 10,234,880 | ||||||
199,000 | DISH Network Corp., Cl. A | 6,306,310 | ||||||
60,000 | EchoStar Corp., Cl. A | 2,187,000 | ||||||
9,507 | Liberty Latin America Ltd., Cl. A | 183,865 | ||||||
22,116 | Liberty Latin America Ltd., Cl. C | 430,156 | ||||||
151,000 | Rogers Communications Inc., Cl. B | 8,126,820 | ||||||
28,000 | WideOpenWest Inc. | 254,800 | ||||||
|
|
|||||||
32,519,769 | ||||||||
|
|
|||||||
Communications Equipment 0.5% |
| |||||||
330,000 | Corning Inc. | 10,923,000 | ||||||
|
|
|||||||
Computer Hardware 0.4% |
| |||||||
45,700 | Apple Inc. | 8,680,715 | ||||||
|
|
|||||||
Computer Software and Services 3.8% |
| |||||||
13,200 | Adobe Inc. | 3,517,668 | ||||||
4,979 | Alphabet Inc., Cl. A | 5,859,735 | ||||||
13,040 | Alphabet Inc., Cl. C | 15,299,962 | ||||||
5,000 | Amazon.com Inc. | 8,903,750 | ||||||
9,600 | Autodesk Inc. | 1,495,872 | ||||||
32,000 | Black Knight Inc. | 1,744,000 | ||||||
35,000 | Blucora Inc. | 1,168,300 | ||||||
15,000 | CyrusOne Inc., REIT | 786,600 | ||||||
35,000 | eBay Inc. | 1,299,900 | ||||||
15,800 | Fiserv Inc. | 1,394,824 | ||||||
848,000 | Hewlett Packard Enterprise Co. | 13,084,640 | ||||||
150,000 | Internap Corp. | 744,000 | ||||||
197,849 | Microsoft Corp. | 23,334,311 | ||||||
6,000 | New Relic Inc. | 592,200 | ||||||
12,100 | Palo Alto Networks Inc. | 2,938,848 | ||||||
1,718 | Perspecta Inc. | 34,738 |
1
The Gabelli Dividend & Income Trust
Schedule of Investments (Continued) March 31, 2019 (Unaudited)
Shares |
Market |
|||||||
COMMON STOCKS (Continued) | ||||||||
Computer Software and Services (Continued) | ||||||||
8,400 | salesforce.com Inc. | $ | 1,330,308 | |||||
15,700 | ServiceNow Inc. | 3,869,893 | ||||||
13,400 | Tableau Software Inc., Cl. A | 1,705,552 | ||||||
9,200 | Workday Inc., Cl. A | 1,774,220 | ||||||
|
|
|||||||
90,879,321 | ||||||||
|
|
|||||||
Consumer Products 3.2% | ||||||||
150,000 | Avon Products Inc. | 441,000 | ||||||
30,000 | Church & Dwight Co. Inc. | 2,136,900 | ||||||
235,000 | Edgewell Personal Care Co. | 10,314,150 | ||||||
73,000 | Energizer Holdings Inc. | 3,279,890 | ||||||
100,000 | Hanesbrands Inc. | 1,788,000 | ||||||
18,000 | Kimberly-Clark Corp. | 2,230,200 | ||||||
70,000 | Newell Brands Inc. | 1,073,800 | ||||||
18,000 | Philip Morris International Inc. | 1,591,020 | ||||||
7,000 | Stanley Black & Decker Inc. | 953,190 | ||||||
865,000 | Swedish Match AB | 44,090,596 | ||||||
92,000 | The Procter & Gamble Co. | 9,572,600 | ||||||
|
|
|||||||
77,471,346 | ||||||||
|
|
|||||||
Consumer Services 0.5% | ||||||||
51,000 | Ashtead Group plc | 1,230,528 | ||||||
17,100 | Facebook Inc., Cl. A | 2,850,399 | ||||||
52,279 | GCI Liberty Inc., Cl. A | 2,907,235 | ||||||
9,500 | IAC/InterActiveCorp. | 1,996,045 | ||||||
853 | Liberty Expedia Holdings Inc., Cl. A | 36,508 | ||||||
85,000 | Qurate Retail Inc. | 1,358,300 | ||||||
50,000 | ServiceMaster Global Holdings Inc. | 2,335,000 | ||||||
|
|
|||||||
12,714,015 | ||||||||
|
|
|||||||
Diversified Industrial 3.8% | ||||||||
92,000 | Bouygues SA | 3,286,967 | ||||||
4,000 | Crane Co. | 338,480 | ||||||
3,000 | Donaldson Co. Inc. | 150,180 | ||||||
39,700 | Eaton Corp. plc | 3,198,232 | ||||||
4,800 | EnPro Industries Inc. | 309,360 | ||||||
290,000 | General Electric Co. | 2,897,100 | ||||||
202,000 | Griffon Corp. | 3,732,960 | ||||||
316,913 | Honeywell International Inc. | 50,363,814 | ||||||
56,000 | ITT Inc. | 3,248,000 | ||||||
10,000 | Jardine Strategic Holdings Ltd. | 374,300 | ||||||
15,000 | nVent Electric plc | 404,700 | ||||||
4,500 | Packaging Corp. of America | 447,210 | ||||||
20,000 | Pentair plc | 890,200 | ||||||
1,600 | Roper Technologies Inc. | 547,152 | ||||||
4,000 | Sulzer AG | 390,058 | ||||||
16,000 | Terex Corp. | 514,080 | ||||||
353,800 | Textron Inc. | 17,923,508 | ||||||
315,000 | Toray Industries Inc. | 2,009,145 | ||||||
10,000 | Trinity Industries Inc. | 217,300 | ||||||
|
|
|||||||
91,242,746 | ||||||||
|
|
Shares |
Market |
|||||||
Electronics 2.1% | ||||||||
13,000 | Emerson Electric Co. | $ | 890,110 | |||||
153,400 | Intel Corp. | 8,237,580 | ||||||
75,521 | Resideo Technologies Inc. | 1,456,800 | ||||||
411,000 | Sony Corp., ADR | 17,360,640 | ||||||
53,000 | TE Connectivity Ltd. | 4,279,750 | ||||||
78,500 | Texas Instruments Inc. | 8,326,495 | ||||||
35,700 | Thermo Fisher Scientific Inc. | 9,771,804 | ||||||
|
|
|||||||
50,323,179 | ||||||||
|
|
|||||||
Energy and Utilities: Electric 0.5% | ||||||||
11,000 | ALLETE Inc. | 904,530 | ||||||
10,000 | American Electric Power Co. Inc. | 837,500 | ||||||
10,000 | Edison International | 619,200 | ||||||
17,000 | El Paso Electric Co. | 999,940 | ||||||
70,000 | Electric Power Development Co. Ltd. | 1,702,788 | ||||||
23,971 | Evergy Inc. | 1,391,517 | ||||||
12,000 | Pinnacle West Capital Corp. | 1,146,960 | ||||||
60,000 | The AES Corp. | 1,084,800 | ||||||
30,000 | WEC Energy Group Inc. | 2,372,400 | ||||||
|
|
|||||||
11,059,635 | ||||||||
|
|
|||||||
Energy and Utilities: Integrated 1.7% | ||||||||
33,000 | Avangrid Inc. | 1,661,550 | ||||||
26,000 | Chubu Electric Power Co. Inc. | 405,495 | ||||||
100,000 | Edison SpA(a) | 56,256 | ||||||
20,000 | Endesa SA | 510,174 | ||||||
230,000 | Enel SpA | 1,471,653 | ||||||
17,000 | Eversource Energy | 1,206,150 | ||||||
34,000 | Hawaiian Electric Industries Inc. | 1,386,180 | ||||||
410,000 | Hera SpA | 1,482,781 | ||||||
10,000 | Hokkaido Electric Power Co. Inc. | 57,385 | ||||||
24,000 | Hokuriku Electric Power Co. | 187,964 | ||||||
45,000 | Iberdrola SA, ADR | 1,583,100 | ||||||
127,000 | Korea Electric Power Corp., ADR | 1,652,270 | ||||||
40,000 | Kyushu Electric Power Co. Inc. | 471,713 | ||||||
29,000 | MGE Energy Inc. | 1,971,130 | ||||||
90,300 | NextEra Energy Inc. | 17,456,796 | ||||||
35,000 | NextEra Energy Partners LP | 1,632,400 | ||||||
49,000 | NiSource Inc. | 1,404,340 | ||||||
57,500 | OGE Energy Corp. | 2,479,400 | ||||||
12,000 | Ormat Technologies Inc. | 661,800 | ||||||
30,000 | Public Service Enterprise Group Inc. | 1,782,300 | ||||||
58,000 | Shikoku Electric Power Co. Inc. | 705,441 | ||||||
50,000 | The Chugoku Electric Power Co. Inc. | 623,026 | ||||||
20,000 | The Kansai Electric Power Co. Inc. | 294,505 | ||||||
45,000 | Tohoku Electric Power Co. Inc. | 573,310 | ||||||
|
|
|||||||
41,717,119 | ||||||||
|
|
|||||||
Energy and Utilities: Natural Gas 1.6% | ||||||||
20,000 | CNX Resources Corp. | 215,400 | ||||||
90,000 | Kinder Morgan Inc. | 1,800,900 | ||||||
365,000 | National Fuel Gas Co. | 22,250,400 |
2
The Gabelli Dividend & Income Trust
Schedule of Investments (Continued) March 31, 2019 (Unaudited)
Shares |
Market |
|||||||
COMMON STOCKS (Continued) | ||||||||
Energy and Utilities: Natural Gas (Continued) | ||||||||
36,666 | National Grid plc | $ | 406,307 | |||||
24,750 | National Grid plc, ADR | 1,382,040 | ||||||
14,000 | ONEOK Inc. | 977,760 | ||||||
63,000 | Sempra Energy | 7,929,180 | ||||||
30,000 | South Jersey Industries Inc. | 962,100 | ||||||
44,000 | Southwest Gas Holdings Inc. | 3,619,440 | ||||||
|
|
|||||||
39,543,527 | ||||||||
|
|
|||||||
Energy and Utilities: Oil 5.3% | ||||||||
86,403 | Anadarko Petroleum Corp. | 3,929,608 | ||||||
35,000 | Apache Corp. | 1,213,100 | ||||||
87,000 | BP plc, ADR | 3,803,640 | ||||||
35,000 | Chesapeake Energy Corp. | 108,500 | ||||||
143,222 | Chevron Corp. | 17,642,086 | ||||||
180,772 | ConocoPhillips | 12,064,723 | ||||||
95,000 | Devon Energy Corp. | 2,998,200 | ||||||
130,000 | Eni SpA, ADR | 4,581,200 | ||||||
495,000 | Equinor ASA, ADR | 10,875,150 | ||||||
85,000 | Exxon Mobil Corp. | 6,868,000 | ||||||
22,700 | Hess Corp. | 1,367,221 | ||||||
25,600 | KLX Energy Services Holdings Inc. | 643,584 | ||||||
210,000 | Marathon Oil Corp. | 3,509,100 | ||||||
260,000 | Marathon Petroleum Corp. | 15,561,000 | ||||||
183,900 | Occidental Petroleum Corp. | 12,174,180 | ||||||
200 | PetroChina Co. Ltd., ADR | 13,086 | ||||||
20,000 | Petroleo Brasileiro SA, ADR | 318,400 | ||||||
128,000 | Phillips 66 | 12,181,760 | ||||||
192,000 | Repsol SA, ADR | 3,279,360 | ||||||
169,800 | Royal Dutch Shell plc, Cl. A, ADR | 10,627,782 | ||||||
89,000 | TOTAL SA, ADR | 4,952,850 | ||||||
|
|
|||||||
128,712,530 | ||||||||
|
|
|||||||
Energy and Utilities: Services 1.2% | ||||||||
27,000 | ABB Ltd., ADR | 509,490 | ||||||
275,000 | Baker Hughes, a GE Company | 7,623,000 | ||||||
44,000 | Diamond Offshore Drilling Inc. | 461,560 | ||||||
355,145 | Halliburton Co. | 10,405,750 | ||||||
49,000 | Oceaneering International Inc. | 772,730 | ||||||
231,045 | Schlumberger Ltd. | 10,066,631 | ||||||
200,000 | Weatherford International plc | 139,600 | ||||||
|
|
|||||||
29,978,761 | ||||||||
|
|
|||||||
Energy and Utilities: Water 0.4% | ||||||||
12,000 | American States Water Co. | 855,600 | ||||||
32,500 | American Water Works Co. Inc | 3,388,450 | ||||||
38,000 | Aqua America Inc. | 1,384,720 | ||||||
50,000 | Mueller Water Products Inc., Cl. A | 502,000 | ||||||
38,000 | Severn Trent plc | 977,988 | ||||||
29,000 | SJW Group | 1,790,460 | ||||||
8,000 | The York Water Co. | 274,560 |
Shares |
Market |
|||||||
6,000 | United Utilities Group plc, ADR | $ | 127,860 | |||||
|
|
|||||||
9,301,638 | ||||||||
|
|
|||||||
Entertainment 1.6% | ||||||||
151,000 | Discovery Inc., Cl. C | 3,838,420 | ||||||
55,150 | Fox Corp., Cl. A | 2,024,558 | ||||||
109,333 | Fox Corp., Cl. B | 3,922,868 | ||||||
12,000 | Liberty Media Corp.-Liberty Braves, Cl. A | 335,280 | ||||||
8,981 | Liberty Media Corp.-Liberty Braves, Cl. C | 249,402 | ||||||
14,830 | Netflix Inc. | 5,287,785 | ||||||
16,000 | Take-Two Interactive Software Inc. | 1,509,920 | ||||||
35,633 | The Madison Square Garden Co., Cl. A | 10,445,101 | ||||||
21,989 | The Walt Disney Co. | 2,441,439 | ||||||
17,000 | Viacom Inc., Cl. A | 551,650 | ||||||
59,000 | Viacom Inc., Cl. B | 1,656,130 | ||||||
175,000 | Vivendi SA | 5,070,616 | ||||||
300,000 | Wow Unlimited Media Inc.(b) | 235,717 | ||||||
|
|
|||||||
37,568,886 | ||||||||
|
|
|||||||
Environmental Services 1.9% | ||||||||
190,000 | Republic Services Inc. | 15,272,200 | ||||||
23,000 | Veolia Environnement SA | 514,201 | ||||||
99,222 | Waste Connections Inc. | 8,790,077 | ||||||
210,000 | Waste Management Inc. | 21,821,100 | ||||||
|
|
|||||||
46,397,578 | ||||||||
|
|
|||||||
Equipment and Supplies 1.7% | ||||||||
92,000 | CIRCOR International Inc. | 2,999,200 | ||||||
12,300 | Danaher Corp. | 1,623,846 | ||||||
146,000 | Flowserve Corp. | 6,590,440 | ||||||
164,000 | Graco Inc. | 8,121,280 | ||||||
160,000 | Mueller Industries Inc. | 5,014,400 | ||||||
598,000 | RPC Inc. | 6,823,180 | ||||||
130,000 | Sealed Air Corp. | 5,987,800 | ||||||
36,000 | Tenaris SA, ADR | 1,017,000 | ||||||
94,000 | The Timken Co. | 4,100,280 | ||||||
|
|
|||||||
42,277,426 | ||||||||
|
|
|||||||
Financial Services 16.9% | ||||||||
8,000 | Alleghany Corp. | 4,899,200 | ||||||
446,008 | American Express Co. | 48,748,674 | ||||||
298,452 | American International Group Inc. | 12,851,343 | ||||||
350,000 | Bank of America Corp. | 9,656,500 | ||||||
16,000 | Berkshire Hathaway Inc., Cl. B | 3,214,240 | ||||||
17,800 | BlackRock Inc. | 7,607,186 | ||||||
19,500 | Brookfield Asset Management Inc., Cl. A | 909,675 | ||||||
30,000 | Cannae Holdings Inc. | 727,800 | ||||||
95,339 | Citigroup Inc. | 5,931,993 | ||||||
75,000 | Cohen & Steers Inc. | 3,170,250 | ||||||
23,000 | Cullen/Frost Bankers Inc. | 2,232,610 | ||||||
8,000 | EXOR NV | 519,597 | ||||||
51,741 | Fidelity National Financial Inc. | 1,891,134 | ||||||
165,000 | Graf Industrial Corp. | 1,669,800 |
3
The Gabelli Dividend & Income Trust
Schedule of Investments (Continued) March 31, 2019 (Unaudited)
Shares |
Market |
|||||||
COMMON STOCKS (Continued) |
| |||||||
Financial Services (Continued) |
| |||||||
300,000 | H&R Block Inc. | $ | 7,182,000 | |||||
14,400 | Health Insurance Innovations Inc., Cl. A | 386,208 | ||||||
37,000 | HSBC Holdings plc, ADR | 1,501,460 | ||||||
42,249 | Interactive Brokers Group Inc., Cl. A | 2,191,878 | ||||||
170,000 | Invesco Ltd. | 3,282,700 | ||||||
480,817 | JPMorgan Chase & Co. | 48,673,105 | ||||||
80,000 | KeyCorp. | 1,260,000 | ||||||
30,000 | Kinnevik AB, Cl. B | 777,000 | ||||||
80,000 | KKR & Co. Inc., Cl. A | 1,879,200 | ||||||
455,226 | Legg Mason Inc. | 12,459,536 | ||||||
35,000 | M&T Bank Corp. | 5,495,700 | ||||||
185,452 | Morgan Stanley | 7,826,074 | ||||||
72,000 | National Australia Bank Ltd., ADR | 649,080 | ||||||
168,000 | Navient Corp. | 1,943,760 | ||||||
160,000 | New York Community Bancorp Inc. | 1,851,200 | ||||||
96,000 | Northern Trust Corp. | 8,679,360 | ||||||
322,894 | Oaktree Specialty Lending Corp. | 1,672,591 | ||||||
204,689 | PayPal Holdings Inc. | 21,254,906 | ||||||
75,000 | Resona Holdings Inc. | 324,619 | ||||||
100,000 | Schultze Special Purpose Acquisition Corp. | 1,006,500 | ||||||
190,000 | SLM Corp. | 1,882,900 | ||||||
241,000 | State Street Corp. | 15,860,210 | ||||||
208,000 | T. Rowe Price Group Inc. | 20,824,960 | ||||||
807,000 | The Bank of New York Mellon Corp. | 40,697,010 | ||||||
50,000 | The Blackstone Group LP | 1,748,500 | ||||||
2,000 | The Goldman Sachs Group Inc. | 383,980 | ||||||
145,000 | The Hartford Financial Services Group Inc. | 7,209,400 | ||||||
229,000 | The PNC Financial Services Group Inc. | 28,089,140 | ||||||
98,000 | The Travelers Companies Inc. | 13,441,680 | ||||||
39,271 | U.S. Bancorp | 1,892,470 | ||||||
48,000 | W. R. Berkley Corp. | 4,066,560 | ||||||
550,000 | Waddell & Reed Financial Inc., Cl. A | 9,509,500 | ||||||
601,000 | Wells Fargo & Co. | 29,040,320 | ||||||
6,000 | Willis Towers Watson plc | 1,053,900 | ||||||
|
|
|||||||
410,027,409 | ||||||||
|
|
|||||||
Food and Beverage 13.7% |
| |||||||
12,000 | Ajinomoto Co. Inc. | 191,537 | ||||||
17,500 | Brown-Forman Corp., Cl. B | 923,650 | ||||||
95,000 | Campbell Soup Co. | 3,622,350 | ||||||
1,000,000 | China Mengniu Dairy Co. Ltd. | 3,719,769 | ||||||
66,000 | Chr. Hansen Holding A/S | 6,689,846 | ||||||
616,000 | Conagra Brands Inc. | 17,087,840 | ||||||
21,700 | Constellation Brands Inc., Cl. A | 3,804,661 | ||||||
184,000 | Danone SA | 14,177,821 | ||||||
3,850,000 | Davide Campari-Milano SpA | 37,789,132 | ||||||
80,000 | Diageo plc, ADR | 13,088,800 | ||||||
70,954 | Flowers Foods Inc. | 1,512,739 | ||||||
2,000 | Fomento Economico Mexicano SAB de CV, ADR | 184,560 | ||||||
336,900 | General Mills Inc. | 17,434,575 |
Shares |
Market |
|||||||
18,000 | Heineken Holding NV | $ | 1,803,110 | |||||
275,000 | ITO EN Ltd. | 14,267,346 | ||||||
86,600 | Kellogg Co. | 4,969,108 | ||||||
143,000 | Keurig Dr Pepper Inc. | 3,999,710 | ||||||
350,000 | Kikkoman Corp. | 17,147,884 | ||||||
190,000 | Lamb Weston Holdings Inc. | 14,238,600 | ||||||
80,000 | Maple Leaf Foods Inc. | 1,850,413 | ||||||
3,000 | McCormick & Co. Inc., Cl. V | 449,550 | ||||||
90,000 | Molson Coors Brewing Co., Cl. B | 5,368,500 | ||||||
762,294 | Mondelēz International Inc., Cl. A | 38,053,716 | ||||||
30,000 | Morinaga Milk Industry Co. Ltd. | 1,016,422 | ||||||
3,000 | National Beverage Corp. | 173,190 | ||||||
22,000 | Nestlé SA | 2,096,711 | ||||||
35,000 | Nestlé SA, ADR | 3,336,200 | ||||||
160,000 | Nissin Foods Holdings Co. Ltd. | 10,971,759 | ||||||
163,000 | PepsiCo Inc. | 19,975,650 | ||||||
62,000 | Pernod Ricard SA | 11,127,813 | ||||||
33,000 | Post Holdings Inc. | 3,610,200 | ||||||
25,000 | Remy Cointreau SA | 3,334,418 | ||||||
18,000 | Suntory Beverage & Food Ltd. | 844,537 | ||||||
457,000 | The Coca-Cola Co. | 21,415,020 | ||||||
46,000 | The Hain Celestial Group Inc. | 1,063,520 | ||||||
7,000 | The J.M. Smucker Co. | 815,500 | ||||||
276,200 | The Kraft Heinz Co. | 9,017,930 | ||||||
25,000 | Unilever plc, ADR | 1,443,000 | ||||||
265,000 | Yakult Honsha Co. Ltd. | 18,506,722 | ||||||
|
|
|||||||
331,123,809 | ||||||||
|
|
|||||||
Health Care 9.5% |
| |||||||
187,600 | Abbott Laboratories | 14,996,744 | ||||||
17,500 | Alexion Pharmaceuticals Inc. | 2,365,650 | ||||||
58,300 | Allergan plc | 8,535,703 | ||||||
67,000 | AmerisourceBergen Corp. | 5,327,840 | ||||||
13,500 | Anthem Inc. | 3,874,230 | ||||||
50,000 | Bausch Health Cos. Inc. | 1,235,000 | ||||||
50,000 | Baxter International Inc. | 4,065,500 | ||||||
21,400 | Becton, Dickinson and Co. | 5,344,222 | ||||||
5,000 | Bio-Rad Laboratories Inc., Cl. A | 1,528,400 | ||||||
750,000 | BioScrip Inc. | 1,500,000 | ||||||
50,000 | Bristol-Myers Squibb Co. | 2,385,500 | ||||||
50,000 | Cardiovascular Systems Inc. | 1,933,000 | ||||||
16,000 | Celgene Corp. | 1,509,440 | ||||||
10,000 | Charles River Laboratories International Inc. | 1,452,500 | ||||||
5,000 | Chemed Corp. | 1,600,350 | ||||||
37,434 | Cigna Corp. | 6,020,136 | ||||||
10,000 | Covetrus Inc. | 318,500 | ||||||
45,000 | DaVita Inc. | 2,443,050 | ||||||
30,000 | DENTSPLY SIRONA Inc. | 1,487,700 | ||||||
17,000 | Edwards Lifesciences Corp. | 3,252,610 | ||||||
45,400 | Elanco Animal Health Inc. | 1,455,978 | ||||||
62,938 | Eli Lilly & Co. | 8,166,835 | ||||||
310,000 | Evolent Health Inc., Cl. A | 3,899,800 |
4
The Gabelli Dividend & Income Trust
Schedule of Investments (Continued) March 31, 2019 (Unaudited)
Shares |
Market |
|||||||
COMMON STOCKS (Continued) | ||||||||
Health Care (Continued) | ||||||||
35,000 | Gerresheimer AG | $ | 2,630,516 | |||||
58,543 | Gilead Sciences Inc. | 3,805,880 | ||||||
25,000 | HCA Healthcare Inc. | 3,259,500 | ||||||
25,000 | Henry Schein Inc. | 1,502,750 | ||||||
8,400 | Illumina Inc. | 2,609,796 | ||||||
7,000 | Incyte Corp. | 602,070 | ||||||
20,000 | Integer Holdings Corp. | 1,508,400 | ||||||
4,700 | Intuitive Surgical Inc. | 2,681,726 | ||||||
107,100 | Johnson & Johnson | 14,971,509 | ||||||
27,500 | Laboratory Corp. of America Holdings | 4,206,950 | ||||||
20,302 | Ligand Pharmaceuticals Inc. | 2,552,164 | ||||||
20,000 | McKesson Corp. | 2,341,200 | ||||||
40,000 | Medtronic plc | 3,643,200 | ||||||
239,679 | Merck & Co. Inc. | 19,934,102 | ||||||
50,000 | Mylan NV | 1,417,000 | ||||||
60,000 | NeoGenomics Inc. | 1,227,600 | ||||||
45,000 | Nevro Corp. | 2,812,950 | ||||||
45,000 | Orthofix Medical Inc. | 2,538,450 | ||||||
184,200 | Osiris Therapeutics Inc. | 3,499,800 | ||||||
99,800 | Owens & Minor Inc. | 409,180 | ||||||
174,000 | Patterson Cos. Inc. | 3,801,900 | ||||||
55,000 | Perrigo Co. plc | 2,648,800 | ||||||
57,198 | PetIQ Inc. | 1,796,589 | ||||||
534,724 | Pfizer Inc. | 22,709,728 | ||||||
15,000 | Stryker Corp. | 2,962,800 | ||||||
125,850 | Takeda Pharmaceutical Co. Ltd., ADR | 2,563,566 | ||||||
35,000 | Teladoc Health Inc. | 1,946,000 | ||||||
11,600 | The Cooper Companies Inc. | 3,435,572 | ||||||
19,700 | UnitedHealth Group Inc. | 4,871,022 | ||||||
43,000 | Zimmer Biomet Holdings Inc. | 5,491,100 | ||||||
150,502 | Zoetis Inc. | 15,151,036 | ||||||
|
|
|||||||
230,231,544 | ||||||||
|
|
|||||||
Hotels and Gaming 0.5% | ||||||||
19,000 | Accor SA | 769,625 | ||||||
95,000 | Boyd Gaming Corp. | 2,599,200 | ||||||
23,034 | GVC Holdings plc | 167,704 | ||||||
42,000 | Las Vegas Sands Corp. | 2,560,320 | ||||||
400,000 | Mandarin Oriental International Ltd. | 780,000 | ||||||
113,000 | MGM Resorts International | 2,899,580 | ||||||
35,000 | Ryman Hospitality Properties Inc., REIT | 2,878,400 | ||||||
7,000 | Wyndham Destinations Inc. | 283,430 | ||||||
6,000 | Wyndham Hotels & Resorts Inc. | 299,940 | ||||||
|
|
|||||||
13,238,199 | ||||||||
|
|
|||||||
Machinery 2.1% | ||||||||
21,000 | Astec Industries Inc. | 792,960 | ||||||
170,000 | CNH Industrial NV, Borsa Italiana | 1,728,490 | ||||||
1,203,000 | CNH Industrial NV, New York | 12,270,600 | ||||||
88,000 | Deere & Co. | 14,065,920 | ||||||
3,000 | Oshkosh Corp. | 225,390 |
Shares |
Market |
|||||||
276,800 | Xylem Inc. | $ | 21,878,272 | |||||
|
|
|||||||
50,961,632 | ||||||||
|
|
|||||||
Metals and Mining 0.9% | ||||||||
65,000 | Agnico Eagle Mines Ltd. | 2,827,500 | ||||||
30,000 | Alliance Resource Partners LP | 610,800 | ||||||
167,588 | Barrick Gold Corp. | 2,297,632 | ||||||
8,000 | BHP Group Ltd., ADR | 437,360 | ||||||
36,000 | Franco-Nevada Corp. | 2,699,023 | ||||||
145,000 | Freeport-McMoRan Inc. | 1,869,050 | ||||||
280,332 | Newmont Mining Corp. | 10,027,476 | ||||||
88,004 | TimkenSteel Corp. | 955,723 | ||||||
|
|
|||||||
21,724,564 | ||||||||
|
|
|||||||
Paper and Forest Products 0.1% | ||||||||
64,000 | International Paper Co. | 2,961,280 | ||||||
|
|
|||||||
Publishing 0.0% | ||||||||
600 | Graham Holdings Co., Cl. B | 409,908 | ||||||
35,000 | News Corp., Cl. B | 437,150 | ||||||
|
|
|||||||
847,058 | ||||||||
|
|
|||||||
Real Estate 0.7% | ||||||||
20,000 | American Tower Corp., REIT | 3,941,200 | ||||||
63,000 | Crown Castle International Corp., REIT | 8,064,000 | ||||||
5,000 | Equinix Inc., REIT | 2,265,800 | ||||||
10,000 | QTS Realty Trust Inc., Cl. A, REIT | 449,900 | ||||||
60,000 | Weyerhaeuser Co., REIT | 1,580,400 | ||||||
|
|
|||||||
16,301,300 | ||||||||
|
|
|||||||
Retail 3.2% | ||||||||
95,000 | AutoNation Inc. | 3,393,400 | ||||||
1,100 | AutoZone Inc. | 1,126,532 | ||||||
7,500 | CarMax Inc. | 523,500 | ||||||
227,000 | CVS Health Corp. | 12,242,110 | ||||||
141,000 | Hertz Global Holdings Inc. | 2,449,170 | ||||||
125,000 | Ingles Markets Inc., Cl. A | 3,452,500 | ||||||
90,000 | Lowes Companies Inc. | 9,852,300 | ||||||
70,000 | Macys Inc. | 1,682,100 | ||||||
10,000 | McDonalds Corp. | 1,899,000 | ||||||
6,000 | MSC Industrial Direct Co. Inc., Cl. A | 496,260 | ||||||
34,000 | Murphy USA Inc. | 2,911,080 | ||||||
50,400 | Nike Inc., Cl. B | 4,244,184 | ||||||
25,000 | Rush Enterprises Inc., Cl. B | 1,038,250 | ||||||
257,200 | Sally Beauty Holdings Inc. | 4,735,052 | ||||||
110,000 | Seven & i Holdings Co. Ltd. | 4,144,726 | ||||||
57,000 | Starbucks Corp. | 4,237,380 | ||||||
30,000 | The Home Depot Inc. | 5,756,700 | ||||||
160,200 | Walgreens Boots Alliance Inc. | 10,135,854 | ||||||
20,000 | Walmart Inc. | 1,950,600 | ||||||
|
|
|||||||
76,270,698 | ||||||||
|
|
|||||||
Semiconductors 0.2% | ||||||||
17,000 | NVIDIA Corp. | 3,052,520 |
5
The Gabelli Dividend & Income Trust
Schedule of Investments (Continued) March 31, 2019 (Unaudited)
Shares |
Market |
|||||||
COMMON STOCKS (Continued) |
| |||||||
Semiconductors (Continued) |
| |||||||
7,500 | Xilinx Inc. | $ | 950,925 | |||||
|
|
|||||||
4,003,445 | ||||||||
|
|
|||||||
Specialty Chemicals 2.1% |
| |||||||
35,000 | Air Products & Chemicals Inc. | 6,683,600 | ||||||
60,000 | Ashland Global Holdings Inc. | 4,687,800 | ||||||
10,000 | Axalta Coating Systems Ltd. | 252,100 | ||||||
344,500 | DowDuPont Inc. | 18,365,295 | ||||||
445,000 | Ferro Corp. | 8,423,850 | ||||||
12,000 | GCP Applied Technologies Inc. | 355,200 | ||||||
35,000 | International Flavors & Fragrances Inc. | 4,507,650 | ||||||
5,000 | Linde plc | 879,650 | ||||||
85,000 | Olin Corp. | 1,966,900 | ||||||
5,000 | Sensient Technologies Corp. | 338,950 | ||||||
9,000 | The Chemours Co. | 334,440 | ||||||
192,359 | Valvoline Inc. | 3,570,183 | ||||||
|
|
|||||||
50,365,618 | ||||||||
|
|
|||||||
Telecommunications 4.0% |
| |||||||
158,000 | AT&T Inc. | 4,954,880 | ||||||
202,000 | BCE Inc. | 8,966,780 | ||||||
495,000 | Deutsche Telekom AG, ADR | 8,209,575 | ||||||
55,000 | Harris Corp. | 8,784,050 | ||||||
195,000 | Hellenic Telecommunications Organization SA, ADR | 1,298,700 | ||||||
84,521 | Loral Space & Communications Inc. | 3,046,982 | ||||||
50,000 | Orange SA, ADR | 815,000 | ||||||
50,000 | Pharol SGPS SA | 10,825 | ||||||
40,000 | Proximus SA | 1,153,613 | ||||||
50,084 | Telefonica SA, ADR | 418,702 | ||||||
295,000 | Telekom Austria AG | 2,144,347 | ||||||
23,000 | Telenet Group Holding NV | 1,106,320 | ||||||
150,000 | Telephone & Data Systems Inc. | 4,609,500 | ||||||
110,000 | Telstra Corp. Ltd., ADR | 1,296,350 | ||||||
135,000 | TELUS Corp. | 5,000,400 | ||||||
40,000 | T-Mobile US Inc. | 2,764,000 | ||||||
150,000 | VEON Ltd., ADR | 313,500 | ||||||
654,086 | Verizon Communications Inc. | 38,676,105 | ||||||
130,000 | Vodafone Group plc, ADR. | 2,363,400 | ||||||
|
|
|||||||
95,933,029 | ||||||||
|
|
|||||||
Transportation 0.9% |
| |||||||
35,000 | Fortress Transportation & Infrastructure Investors LLC | 598,850 | ||||||
239,000 | GATX Corp. | 18,252,430 | ||||||
16,500 | Kansas City Southern | 1,913,670 | ||||||
100 | Lyft Inc., Cl. A | 7,829 | ||||||
|
|
|||||||
20,772,779 | ||||||||
|
|
Shares |
Market |
|||||||
Wireless Communications 0.2% |
| |||||||
130,000 | United States Cellular Corp. | $ | 5,968,300 | |||||
|
|
|||||||
TOTAL COMMON STOCKS | 2,363,770,606 | |||||||
|
|
|||||||
CLOSED-END FUNDS 0.1% |
| |||||||
50,000 | Altaba Inc. | 3,706,000 | ||||||
|
|
|||||||
CONVERTIBLE PREFERRED STOCKS 0.4% |
| |||||||
Energy and Utilities 0.3% |
| |||||||
126,000 | El Paso Energy Capital Trust I, 4.750% | 6,851,250 | ||||||
|
|
|||||||
Telecommunications 0.1% |
| |||||||
51,000 | Cincinnati Bell Inc., 6.750%, Ser. B | 1,988,745 | ||||||
|
|
|||||||
TOTAL CONVERTIBLE PREFERRED STOCKS | 8,839,995 | |||||||
|
|
|||||||
PREFERRED STOCKS 0.1% |
| |||||||
Consumer Services 0.0% |
| |||||||
2,000 | GCI Liberty Inc., 7.000%, Ser. A | 49,060 | ||||||
|
|
|||||||
Health Care 0.1% |
| |||||||
133,681 | The Phoenix Companies Inc., 7.450%, 01/15/32 | 2,202,127 | ||||||
|
|
|||||||
TOTAL PREFERRED STOCKS | 2,251,187 | |||||||
|
|
|||||||
Principal |
||||||||
CONVERTIBLE CORPORATE BONDS 0.1% |
| |||||||
Cable and Satellite 0.1% |
| |||||||
$1,700,000 | DISH Network Corp., 3.375%, 08/15/26 | 1,448,400 | ||||||
|
|
|||||||
CORPORATE BONDS 0.0% |
| |||||||
Equipment and Supplies 0.0% |
| |||||||
50,000 | Mueller Industries Inc., 6.000%, 03/01/27 | 49,250 | ||||||
|
|
|||||||
U.S. GOVERNMENT OBLIGATIONS 1.6% |
| |||||||
39,845,000 | U.S. Treasury Bills, 2.343% to 2.464%, 05/02/19 to 08/29/19 | 39,661,568 | ||||||
|
|
|||||||
TOTAL INVESTMENTS 100.0% |
$ | 2,419,727,006 | ||||||
|
|
6
The Gabelli Dividend & Income Trust
Schedule of Investments (Continued) March 31, 2019 (Unaudited)
(a) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(b) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2019, the market value of the Rule 144A security amounted to $235,717 or 0.01% of total investments. |
| Non-income producing security. |
| Represents annualized yields at dates of purchase. |
ADR | American Depositary Receipt |
REIT | Real Estate Investment Trust |
Geographic Diversification |
% of Total Investments |
Market | ||||||||
Long Positions |
||||||||||
North America |
83.9 | % | $ | 2,029,654,146 | ||||||
Europe |
11.8 | 285,902,997 | ||||||||
Japan |
3.9 | 94,370,528 | ||||||||
Asia/Pacific |
0.4 | 9,296,375 | ||||||||
Latin America |
0.0 | * | 502,960 | |||||||
|
|
|
|
|||||||
Total Investments |
100.0 | % | $ | 2,419,727,006 | ||||||
|
|
|
|
* | Amount represents less than 0.05%. |
7