Salvatore Zizza - Gabelli Equity Independent Director

GAB Fund  USD 5.31  0.01  0.19%   
Salvatore Zizza is Fund Manager at Gabelli Equity Trust
Mr. Salvatore J. Zizza is an Independent Director of Gabelli Equity Trust Inc. Mr. Zizza is the President of Zizza Associates Corporationration, a private holding company that invests in various industries. He also serves or has served as Chairman to other companies involved in manufacturing, recycling, real estate, technology, and pharmaceuticals. He is a member of the Funds Audit, Nominating, ad hoc Proxy Voting, and ad hoc Pricing Committees, and a member of both multifund ad hoc Compensation Committees. Mr. Zizza serves on comparable or other board committees with respect to other funds in the Fund Complex on whose boards he sits. In addition to serving on the boards of other funds in the Fund Complex, Mr. Zizza is currently and has previously been a director of other public companies. He was also the President, Chief Executive Officer, and Chief Financial Officer of a large NYSElisted construction company
Age 74
Tenure 38 years
Professional MarksMBA
Phone914-921-5000
Webhttps://www.gabelli.com/Template/fundinfo.cfm?tid=MWY5ZDg=&bid=YjUxNQ==&mid=MjJmMTI=&num=NmVjMTI=&kid=Mzc2MDA=&pid=obj&rid=111-=edoc_dnuf
Zizza received his Bachelor’s degree and M.B.A. in Finance from St. John’s University, which awarded him an Honorary Doctorate in Commercial Sciences.

Salvatore Zizza Latest Insider Activity

Tracking and analyzing the buying and selling activities of Salvatore Zizza against Gabelli Equity fund is an integral part of due diligence when investing in Gabelli Equity. Salvatore Zizza insider activity provides valuable insight into whether Gabelli Equity is net buyers or sellers over its current business cycle. Note, Gabelli Equity insiders must abide by specific rules, including filing SEC forms every time they buy or sell Gabelli Equity'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Gabelli Equity Management Performance (%)

The company has Return on Asset of 0.21 % which means that on every $100 spent on assets, it made $0.21 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (14.42) %, meaning that it generated no profit with money invested by stockholders. Gabelli Equity's management efficiency ratios could be used to measure how well Gabelli Equity manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 68.56 M in debt with debt to equity (D/E) ratio of 0.04, which may show that the company is not taking advantage of profits from borrowing. Gabelli Equity Trust has a current ratio of 1.93, which is typical for the industry and considered as normal. Debt can assist Gabelli Equity until it has trouble settling it off, either with new capital or with free cash flow. So, Gabelli Equity'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 Equity Trust 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 Equity's use of debt, we should always consider it together with cash and equity.

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The Gabelli Equity Trust Inc. is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The Gabelli Equity Trust Inc. was formed on August 21, 1986 and is domiciled in the United States. Gabelli Equity 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 Equity Trust Leadership Team

Elected by the shareholders, the Gabelli Equity's board of directors comprises two types of representatives: Gabelli Equity 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 Equity's management team and ensure that shareholders' interests are well served. Gabelli Equity'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 Equity's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bruce Alpert, President Acting Chief Compliance Officer
Salvatore Zizza, Independent Director
Kuni Nakamura, Independent Director
Mario Gabelli, Chairman of the Board, Chief Investment Officer
Anthony Pustorino, Independent Director
Elizabeth Bogan, Independent Director
David Schachter, Vice President
Molly Marion, Vice President and Ombudsman
Leslie Foley, Independent Director
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 Director
William Heitmann, Independent Director
Carter Austin, Vice President
James Conn, Lead Independent Director
Arthur Ferrara, Independent Director
Andrea Mango, Vice President Secretary
Michael Ferrantino, Independent Director
Anthony Colavita, Independent Director
John Ball, Treasurer and Principal Financial and Accounting Officer

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 Equity 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.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli Equity Trust. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Gabelli Equity Trust information on this page should be used as a complementary analysis to other Gabelli Equity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Please note, there is a significant difference between Gabelli Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.