EX-FILING FEES
Calculation of Filing Fee Table
SC TO-I/A
(Form Type)
THE GABELLI EQUITY TRUST INC.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Transaction Valuation
Transaction Valuation | Fee | Amount of | |
Fees to Be Paid | — | 0.0001476% | — |
Fees Previously Paid | $81,000,000(1) | $11,955.60(2) | |
Total Transaction Valuation | $81,000,000(1) | ||
Total Fees Due for Filing | $11,955.60 | ||
Total Fees Previously Paid | $11,955.60 | ||
Total Fee Offsets | — | ||
Net Fee Due | $0 |
(1) | The transaction value is calculated as the aggregate maximum purchase price for Auction Rate Preferred Shares that could be purchased in the tender offer, based upon a purchase price equal to 90.0% of the liquidation preference of $25,000 per Auction Rate Preferred Share (i.e., $22,500 per share). The fee of $11,955.60 was paid in connection with the filing of the Schedule TO-I by the Gabelli Equity Trust Inc. (File No. 005-84335) on November 16, 2023 (the “Schedule TO”). This is the final amendment to the Schedule TO and is being filed to report the results of the offer. |
(2) | Calculated at $147.60 per $1,000,000 of the Transaction Value. |