0000794685
2026-04-01
2026-04-01
0000794685
gab:PurchaseTransactionFeeMember
2026-04-01
0000794685
gab:SaleTransactionFeeMember
2026-04-01
0000794685
gab:CommonSharesMember
2026-04-01
2026-04-01
0000794685
gab:PreferredSharesMember
2026-04-01
2026-04-01
iso4217:USD
iso4217:USD
shares
pure
false
424B4
0000794685
THE GABELLI EQUITY TRUST INC
<p id="xdx_80F_ecef--ShareholderTransactionExpensesTableTextBlock_zUg7Kbbcamg5" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 80%; margin-right: auto">
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Record Date Sales Load (as a percentage of offering price)</td>
<td> </td>
<td colspan="2" style="text-align: right"><span id="xdx_903_ecef--SalesLoadPercent_dpn_c20260401__20260401_zgJtgInAL6Ja" title="Record Date Sales Load (as a percentage of offering price)">None</span></td>
<td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 68%; text-align: left">Offering Expenses (as a percentage of offering price)</td>
<td style="width: 1%"> </td>
<td style="width: 1%; text-align: left"> </td>
<td style="width: 9%; text-align: right"><span id="xdx_90C_ecef--OtherTransactionExpensesPercent_dp_c20260401__20260401_zChoZooLxSA2" title="Offering Expenses (as a percentage of offering price)">0.39</span></td>
<td style="width: 1%; text-align: left">%</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Dividend Reinvestment Plan Fees</td>
<td> </td>
<td style="text-align: left"> </td>
<td style="text-align: right"><span id="xdx_909_ecef--DividendReinvestmentAndCashPurchaseFees_dn_c20260401__20260401_fKDEp_zx0ynbWNNU7c" title="Dividend Reinvestment Plan Fees">None</span></td>
<td style="text-align: left"><sup>(1)</sup> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Voluntary Cash Purchase Plan Purchase Transaction Fee</td>
<td> </td>
<td style="text-align: left">$</td>
<td style="text-align: right"><span id="xdx_90A_ecef--SeniorSecuritiesCvgPerUnit_iI_c20260401__cef--RiskAxis__custom--PurchaseTransactionFeeMember_fKDEp_zBteoJod4Tx1" title="Voluntary Cash Purchase Plan Purchase Transaction Fee">0.75</span></td>
<td style="text-align: left"><sup>(1)</sup> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left">Voluntary Cash Purchase Plan Sale Transaction Fee</td>
<td> </td>
<td style="text-align: left">$</td>
<td style="text-align: right"><span id="xdx_90A_ecef--SeniorSecuritiesCvgPerUnit_iI_c20260401__cef--RiskAxis__custom--SaleTransactionFeeMember_fKDEp_zPzD2suMBPx3" title="Voluntary Cash Purchase Plan Sale Transaction Fee">2.50</span></td>
<td style="text-align: left"><sup>(1)</sup> </td></tr>
</table>
0
0.0039
0
0.75
2.50
<p id="xdx_809_ecef--AnnualExpensesTableTextBlock_zoJgG2P4yf9a" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 80%; margin-right: auto">
<tr style="font: 10pt Times New Roman, Times, Serif">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: bottom; background-color: #FFFFFF; text-align: left"><b> </b></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #FFFFFF; text-align: left"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; text-align: center"><b>Percentage of<br/>Net Assets<br/>Attributable to<br/>Common Shares</b></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; text-align: left"> </td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left; width: 68%"><b>Annual Expenses</b></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 1%; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 9%; text-align: right"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 1%; text-align: left"> </td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif; background-color: White">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Management Fees</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: right"><span id="xdx_905_ecef--ManagementFeesPercent_dp_c20260401__20260401_fKDIp_zWtwopBGd0l8" title="Management Fees">1.18</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: left">%<sup>(2)</sup></td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Interest Expense</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: right"><span id="xdx_90D_ecef--InterestExpensesOnBorrowingsPercent_dp_c20260401__20260401_fKDMp_zKPDyixn39L8" title="Interest Expense">0.25</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: left">%<sup>(3)</sup></td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif; background-color: White">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Other Expenses</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left"> </td>
<td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: left"> </td>
<td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: right"><span id="xdx_90F_ecef--OtherAnnualExpensesPercent_dp_c20260401__20260401_fKDQp_zFxVMuLLwx8i" title="Other Expenses">0.11</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: left">%<sup>(4)</sup></td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: right"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: left"> </td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif; background-color: White">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Total Annual Fund Operating Expenses</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: right"><span id="xdx_90F_ecef--TotalAnnualExpensesPercent_dp_c20260401__20260401_zsNAUCr3cWo6" title="Total Annual Fund Operating Expenses">1.54</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: left">%</td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Dividends on Preferred Stock</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left"> </td>
<td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: left"> </td>
<td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: right"><span id="xdx_90E_ecef--WaiversAndReimbursementsOfFeesPercent_dp_c20260401__20260401_fKDUp_z9akYj9pKKQl" title="Dividends on Preferred Stock">0.65</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: left">%<sup>(5) </sup></td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif; background-color: White">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: right"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: left"> </td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif; background-color: rgb(204,238,255)">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; text-align: left">Total Annual Fund Operating Expenses and Dividends on Preferred Stock</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left"> </td>
<td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; text-align: left"> </td>
<td style="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; text-align: right"><span id="xdx_90E_ecef--NetExpenseOverAssetsPercent_dp_c20260401__20260401_zUAHWhMoNVli" title="Total Annual Fund Operating Expenses and Dividends on Preferred Stock">2.19</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt; vertical-align: bottom; white-space: nowrap; text-align: left">%</td> </tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div>
<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="font: 10pt Times New Roman, Times, Serif">
<td id="xdx_F0C_zw0vlu8wcbta" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: left">(1)</td>
<td id="xdx_F18_zle9edh4E0V6" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">There are no fees charged to stockholders for participating in the Fund’s Automatic Dividend Reinvestment and Voluntary Cash Purchase Plan. However, stockholders participating in the Plan that elect to make additional cash purchases under the Plan would pay $0.75 per transaction plus a per share fee (which includes any applicable brokerage commissions) to purchase shares and $2.50 per transaction plus a per share fee (which includes any applicable brokerage commissions) to sell shares. See “<i>Automatic Dividend Reinvestment and Voluntary Cash Purchase Plans</i>” in the Prospectus.</td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif">
<td id="xdx_F0F_zouO7gcEdIvd" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">(2)</td>
<td id="xdx_F16_zNv4PXZXhA1c" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The Investment Adviser’s fee is 1.00% annually of the Fund’s average weekly net assets. The Fund’s average weekly net assets will be deemed to be the average weekly value of the Fund’s total assets minus the sum of the Fund’s liabilities (such liabilities exclude (i) the aggregate liquidation preference of outstanding shares of preferred stock and accumulated dividends, if any, on those shares and (ii) the liabilities for any money borrowed). Consequently, because the Fund has shares of preferred stock outstanding, the investment management fees and other expenses as a percentage of net assets attributable to common stock are higher than if the Fund did not utilize a leveraged capital structure.</td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif">
<td id="xdx_F06_zK9y8uOHO5sk" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">(3)</td>
<td id="xdx_F15_zG5uytw51osl" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The Series M Preferred Shares have a mandatory redemption date of March 26, 2032 and the Series Q Preferred Shares have a mandatory redemption date of December 26, 2028. Therefore, for financial reporting purposes only, the dividends paid on the Series M Preferred Shares and Series Q Preferred Shares are included as a component of “Interest Expense,” which has been restated to reflect current fees.</td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif">
<td id="xdx_F08_zXHGypcW1bu9" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">(4)</td>
<td id="xdx_F16_zoJsidm0Gy9" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">“Other Expenses” are based on estimated amounts for the current year assuming completion of the proposed issuance.</td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif">
<td id="xdx_F00_zRgKG9vFVRRk" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: left">(5)</td>
<td id="xdx_F11_z1lEjY7DT622" style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The Dividends on Preferred Stock represent distributions on the existing preferred stock outstanding.</td> </tr>
</table>
0.0118
0.0025
0.0011
0.0154
0.0065
0.0219
<p id="xdx_80B_ecef--ExpenseExampleTableTextBlock_zCu0i5fbR5Dh" style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; background-color: #FFFFFF"> </td>
<td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center; background-color: #FFFFFF">1 Year</td>
<td style="padding-bottom: 1pt; font-weight: bold; background-color: #FFFFFF"> </td>
<td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center; background-color: #FFFFFF">3 Years</td>
<td style="padding-bottom: 1pt; font-weight: bold; background-color: #FFFFFF"> </td>
<td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center; background-color: #FFFFFF">5 Years</td>
<td style="padding-bottom: 1pt; font-weight: bold; background-color: #FFFFFF"> </td>
<td style="font-weight: bold; padding-bottom: 1pt"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center; background-color: #FFFFFF">10 Years</td>
<td style="padding-bottom: 1pt; font-weight: bold; background-color: #FFFFFF"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 52%; text-align: left">Total Expenses Incurred</td>
<td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td>
<td style="width: 9%; text-align: right"><span id="xdx_90A_ecef--ExpenseExampleYear01_c20260401__20260401__cef--RiskAxis__custom--CommonSharesMember_zAQ9w84DmYec">22</span></td>
<td style="width: 1%; text-align: left"> </td>
<td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td>
<td style="width: 9%; text-align: right"><span id="xdx_901_ecef--ExpenseExampleYears1to3_c20260401__20260401__cef--RiskAxis__custom--CommonSharesMember_zxsTDRfqUxa7">69</span></td>
<td style="width: 1%; text-align: left"> </td>
<td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td>
<td style="width: 9%; text-align: right"><span id="xdx_901_ecef--ExpenseExampleYears1to5_c20260401__20260401__cef--RiskAxis__custom--CommonSharesMember_zXIPX79ybXY4">118</span></td>
<td style="width: 1%; text-align: left"> </td>
<td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td>
<td style="width: 9%; text-align: right"><span id="xdx_907_ecef--ExpenseExampleYears1to10_c20260401__20260401__cef--RiskAxis__custom--CommonSharesMember_zAsTBfWZNK4l">253</span></td>
<td style="width: 1%; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<div style="width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt"> </div></div>
<table border="0" cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="font: 10pt Times New Roman, Times, Serif">
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 0.25in; text-align: justify">*</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; text-align: justify">The example should not be considered a representation of future expenses. The example assumes that the amounts set forth in the Annual Expenses table are accurate and that all distributions are reinvested at net asset value. Actual expenses may be greater or less than those assumed. Moreover, the Fund’s actual rate of return may be greater or less than the hypothetical 5% return shown in the example.</td> </tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0in; text-align: justify">The example above includes Dividends on Preferred Stock. If Dividends on Preferred Stock were not included in the example calculation, the expenses would be as follows (based on the same assumptions as above).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="font: 10pt Times New Roman, Times, Serif">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; background-color: #FFFFFF; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: #FFFFFF; text-align: left"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; text-align: center"><b>1 Year</b></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; text-align: left"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; text-align: center"><b>3 Years</b></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; text-align: left"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; text-align: center"><b>5 Years</b></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; text-align: left"> </td>
<td colspan="2" style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; text-align: center"><b>10 Years</b></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; text-align: left"> </td> </tr>
<tr style="font: 10pt Times New Roman, Times, Serif">
<td style="font: 10pt Times New Roman, Times, Serif; text-indent: -0.125in; padding-left: 0.125in; vertical-align: top; background-color: #CCEEFF; text-align: left; width: 52%">Total Expenses Incurred</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 1%; background-color: #CCEEFF; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%; background-color: #CCEEFF; text-align: left">$</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 9%; background-color: #CCEEFF; text-align: right"><span id="xdx_909_ecef--ExpenseExampleYear01_c20260401__20260401__cef--RiskAxis__custom--PreferredSharesMember_zV421uiLNS08">13</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 1%; background-color: #CCEEFF; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 1%; background-color: #CCEEFF; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%; background-color: #CCEEFF; text-align: left">$</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 9%; background-color: #CCEEFF; text-align: right"><span id="xdx_907_ecef--ExpenseExampleYears1to3_c20260401__20260401__cef--RiskAxis__custom--PreferredSharesMember_zHKcqtLpVuA9">41</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 1%; background-color: #CCEEFF; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 1%; background-color: #CCEEFF; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%; background-color: #CCEEFF; text-align: left">$</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 9%; background-color: #CCEEFF; text-align: right"><span id="xdx_90B_ecef--ExpenseExampleYears1to5_c20260401__20260401__cef--RiskAxis__custom--PreferredSharesMember_zncSp3wd6R11">71</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 1%; background-color: #CCEEFF; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 1%; background-color: #CCEEFF; text-align: left"> </td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 1%; background-color: #CCEEFF; text-align: left">$</td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; width: 9%; background-color: #CCEEFF; text-align: right"><span id="xdx_90E_ecef--ExpenseExampleYears1to10_c20260401__20260401__cef--RiskAxis__custom--PreferredSharesMember_z0FxJLVSwa">157</span></td>
<td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; width: 1%; background-color: #CCEEFF; text-align: left"> </td> </tr>
</table>
22
69
118
253
13
41
71
157