GABELLI EQUITY TRUST INC — Director's Dealing 2012

Aug 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GABELLI EQUITY TRUST INC (GAB.G)
CIK: 0000794685
Period of Report: 2012-08-03

Reporting Person: ALPERT BRUCE N (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-03	Series G Cumulative Preferred Stock	X	800	$25	Acquired	800	Direct
2012-08-03	Series G Cumulative Preferred Stock	X	200	$25	Acquired	1000	Direct
2012-08-03	Series G Cumulative Preferred Stock	X	8000	$25	Acquired	8000	Indirect
2012-08-03	Series G Cumulative Preferred Stock	X	2000	$25	Acquired	10000	Indirect

Footnotes

F1: The reporting person acquired these shares of preferred stock through the exercise of preferred stock purchase rights.

F2: The reporting person acquired these additional shares of preferred stock through a pro-rata oversubscription allocation based on the exercise of preferred stock purchase rights.