<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>6
<FILENAME>sconsent.txt
<DESCRIPTION>EXHIBIT N
<TEXT>
                     CONSENT OF INDEPENDENT ACCOUNTANTS


We hereby consent to the use in this Registration Statement on Form N-2 of
our report dated February 15, 2002, relating to the financial statements
and financial highlights of The Gabelli Equity Trust Inc. which appear in
the December 31, 2001 Annual Report to Shareholders of The Gabelli Equity
Trust Inc. which is also incorporated by reference into the Registration
Statement. We also consent to the references to us under the headings
"Financial Highlights", "Experts", "Counsel and Independent Accountants"
and "Financial Statements" in such Registration Statement.




PricewaterhouseCoopers LLP
New York, New York
June 12, 2002










</TEXT>
</DOCUMENT>
