GABELLI EQUITY TRUST INC — Director's Dealing 2006

Jun 28, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GABELLI EQUITY TRUST INC (GAB)
CIK: 0000794685
Period of Report: 2006-06-26

Reporting Person: CONN JAMES P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-06-26	Equity Trust 7.20% Tax Advantaged Cumulative Preferred Stock	D	250	$25	Disposed	750	Direct