William Heitmann - Gabelli Equity Independent Director
| GAB Fund | USD 5.21 0.02 0.38% |
Mr. William F. Heitmann is Independent Director of Gabelli Equity Trust Inc. Mr. Heitmann is a former Managing Director and Senior Advisor of Perlmutter Investment Company, a privately owned real estate investment company. He is Chairman of the Funds Audit Committee and was designated as the Funds Audit Committee Financial Expert. Mr. Heitmann serves in comparable roles for another fund in the Fund Complex. For over thirtyfive years, Mr. Heitmann served in various capacities at Verizon Communications and its predecessor companies including as Senior Vice President and Treasurer of Verizon Communications, Vice President of Asset Management and Treasurer of Bell Atlantic Corporationrationration, and Vice President of Merger Implementation during the Bell AtlanticNYNEX merger. Additionally, he served as Chairman of the Board for Verizon Capital Corporationrationration, the companys financial subsidiary. As Senior Vice President of Finance at Verizon, Mr. Heitmann was responsible for leading the Verizon Investment Management Corporationrationration, for which he held the positions of President and Chief Investment Officer. Mr. Heitmann serves as a director of Syncreon, a contract logistics provider, and is Chairman of its Audit Committee. He was a director of DRS Technologies and Chairman of its Audit Committee, a director of the Pension Real Estate Association, and member of the Committee for the Investment of Employee Benefit Assets, the Financial Executives Institute, and The Pension Managers Advisory Committee of the NYSE, and The Investment Committee of the Society for Neurology
| Age | 71 |
| Tenure | 12 years |
| Professional Marks | MBA |
| Phone | 914-921-5000 |
| Web | https://www.gabelli.com/Template/fundinfo.cfm?tid=MWY5ZDg=&bid=YjUxNQ==&mid=MjJmMTI=&num=NmVjMTI=&kid=Mzc2MDA=&pid=obj&rid=111-=edoc_dnuf |
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.Similar Money Managers
| Found 8 records | One Year Return | ||
| Richard Galkin | Royce Value Closed | 76 | |
| Arthur Mehlman | Royce Value Closed | 78 | |
| Patricia Chadwick | Royce Value Closed | 71 | |
| Stephen Isaacs | Royce Value Closed | 78 | |
| David Meister | Royce Value Closed | 78 | |
| Michael Shields | Royce Value Closed | 61 | |
| Christopher Grisanti | Royce Value Closed | 58 | |
| Peter OBrien | Royce Value Closed | 72 | |
Management Performance
| Return On Equity | -14.42 | ||||
| Return On Asset | 0.21 |
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.
| Return On Equity | -14.42 | ||||
| Return On Asset | 0.21 | ||||
| Operating Margin | 22.13 % | ||||
| Current Valuation | 1.97 B | ||||
| Shares Outstanding | 263.51 M | ||||
| Shares Owned By Insiders | 0.61 % | ||||
| Shares Owned By Institutions | 7.19 % | ||||
| Number Of Shares Shorted | 851.06 K | ||||
| Price To Earning | 10.34 X | ||||
| Price To Book | 1.03 X |
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Try AI Portfolio ArchitectCheck 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.