GABELLI UTILITY TRUST — Director's Dealing 2003

Jul 30, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GABELLI UTILITY TRUST (GUT)
CIK: 0001080720
Period of Report: 2003-07-28

Reporting Person: COLAVITA ANTHONY J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-07-28	Gabelli Utility Trust 5.625% Preferred	P	1000	$25	Acquired	1000	Direct
2003-07-28	Gabelli Utility Trust 5.625% Preferred	P	400	$25	Acquired	1400	Indirect