-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 HOhRA/ik5FWua7hWzghvzgAs3VqG0QeOz0XEwLZSk0jxyYZZZbJSlhbEP0qfRkOI
 XcSwPsqGzXk4bWi4nfIvdw==

<SEC-DOCUMENT>0000940400-04-000499.txt : 20040903
<SEC-HEADER>0000940400-04-000499.hdr.sgml : 20040903
<ACCEPTANCE-DATETIME>20040903103255
ACCESSION NUMBER:		0000940400-04-000499
CONFORMED SUBMISSION TYPE:	NSAR-A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040630
FILED AS OF DATE:		20040903
DATE AS OF CHANGE:		20040903
EFFECTIVENESS DATE:		20040903

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GABELLI EQUITY TRUST INC
		CENTRAL INDEX KEY:			0000794685
		IRS NUMBER:				222736509
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NSAR-A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04700
		FILM NUMBER:		041015412

	BUSINESS ADDRESS:	
		STREET 1:		ONE CORP CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580
		BUSINESS PHONE:		9149215070
</SEC-HEADER>
<DOCUMENT>
<TYPE>NSAR-A
<SEQUENCE>1
<FILENAME>get.fil
<TEXT>
<PAGE>      PAGE  1
000 A000000 06/30/2004
000 C000000 0000794685
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 THE GABELLI EQUITY TRUST INC.
001 B000000 811-4700
001 C000000 9149215100
002 A000000 ONE CORPORATE CENTER
002 B000000 RYE
002 C000000 NY
002 D010000 10580
002 D020000 1422
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 GABELLI FUNDS, LLC
008 B000001 A
008 C000001 801-37706
008 D010001 RYE
008 D020001 NY
008 D030001 10580
008 D040001 1422
010 A000001 GABELLI FUNDS, LLC
010 C010001 RYE
010 C020001 NY
010 C030001 10580
010 C040001 1422
010 A000002 PFPC INC.
010 C010002 WILMINGTON
010 C020002 DE
010 C030002 19809
012 A000001 EQUISERVE TRUST CO.
012 B000001 84-5601
<PAGE>      PAGE  2
012 C010001 CANTON
012 C020001 MA
012 C030001 02021
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
013 B040001 2798
014 A000001 GABELLI & COMPANY, INC.
014 B000001 8-21373
014 A000002 GABELLI DIRECT INC.
014 B000002 8-37104
014 A000003 GABELLI FIXED INCOME DISTRIBUTORS INC.
014 B000003 8-38568
015 A000001 MELLON TRUST OF NEW ENGLAND, NA
015 B000001 C
015 C010001 EVERETT
015 C020001 MA
015 C030001 02149
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000   27
019 C000000 GABELLIGRP
020 A000001 GABELLI & COMPANY, INC.
020 B000001 13-2885006
020 C000001    171
020 A000002 AUTRANET, INC.
020 B000002 13-2961507
020 C000002     53
020 A000003 EXANE BNP PARIBAS
020 B000003 13-3235334
020 C000003     25
020 A000004 BEAR STEARNS & CO. INC.
020 B000004 13-3299429
020 C000004     11
020 A000005 COLLINS & CO.
020 B000005 94-1694405
020 C000005      8
020 A000006 SALOMON SMITH BARNEY INC.
020 B000006 11-2418191
020 C000006      8
020 A000007 ALLEN & COMPANY INC.
020 B000007 13-6176976
020 C000007      6
020 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000008 13-5674085
020 C000008      5
020 A000009 PRUDENTIAL SECURITIES INC.
020 B000009 22-2347336
020 C000009      5
<PAGE>      PAGE  3
020 A000010 PICTET OVERSEAS INC.
020 B000010 12-5495754
020 C000010      4
021  000000      319
022 A000001 STATE STREET BANK & TRUST CO.
022 B000001 04-1867445
022 C000001   8489224
022 D000001         1
022 A000002 HSBC SECURITIES INC.
022 B000002 13-2650272
022 C000002    194859
022 D000002         0
022 A000003 ENCANA CORP.
022 B000003 98-0355077
022 C000003         0
022 D000003     13560
022 A000004 KNIGHT SECURITIES, INC.
022 B000004 22-3660471
022 C000004       178
022 D000004      4944
022 A000005 MORGAN (J.P.) SECURITIES INC.
022 B000005 13-3224016
022 C000005      4620
022 D000005         0
022 A000006 METRO-GOLDWYN-MAYER INC.
022 B000006 95-4605850
022 C000006         0
022 D000006      2248
022 A000007 CANTOR FITZGERALD & CO.
022 B000007 13-3680184
022 C000007       941
022 D000007       209
022 A000008 JEFFERIES & COMPANY INC.
022 B000008 95-2622900
022 C000008         0
022 D000008       300
022 A000009 THE CHARLES SCHWAB CORP.
022 B000009 94-1737782
022 C000009         4
022 D000009         0
022 C000010         0
022 D000010         0
023 C000000    8689826
023 D000000      21262
024  000000 Y
025 A000001 DEUTSCHE BANK SECURITIES INC.
025 B000001 13-2730828
025 C000001 E
025 D000001   12420
025 A000002 STATE STREET BANK & TRUST CO.
025 B000002 04-1867445
<PAGE>      PAGE  4
025 C000002 E
025 D000002    3923
025 A000003 MORGAN (J.P.) SECURITIES INC.
025 B000003 13-3224016
025 C000003 E
025 D000003    1745
025 A000004 THE CHARLES SCHWAB CORP.
025 B000004 94-1737782
025 C000004 E
025 D000004     432
025 A000005 PRUDENTIAL SECURITIES INC.
025 B000005 22-2347336
025 C000005 E
025 D000005     116
025 D000006       0
025 D000007       0
025 D000008       0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 N
028 A010000         0
028 A020000         0
028 A030000         0
028 A040000         0
028 B010000         0
028 B020000         0
028 B030000         0
028 B040000         0
028 C010000         0
028 C020000         0
028 C030000         0
028 C040000         0
028 D010000         0
028 D020000         0
028 D030000         0
028 D040000         0
028 E010000         0
028 E020000         0
028 E030000         0
028 E040000         0
028 F010000         0
028 F020000         0
028 F030000         0
028 F040000         0
<PAGE>      PAGE  5
028 G010000         0
028 G020000         0
028 G030000         0
028 G040000         0
028 H000000         0
030 A000000      0
030 B000000  0.00
030 C000000  0.00
031 A000000      0
031 B000000      0
032  000000      0
033  000000      0
035  000000      0
036 B000000      0
038  000000      0
042 A000000   0
042 B000000   0
042 C000000   0
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000      0
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  1.000
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000        0
048 K020000 0.000
<PAGE>      PAGE  6
049  000000 N
050  000000 N
051  000000 Y
052  000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056  000000 N
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 N
060 B000000 N
061  000000        0
062 A000000 N
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
062 L000000   0.0
062 M000000   0.0
062 N000000   0.0
062 O000000   0.0
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
063 A000000   0
063 B000000  0.0
066 A000000 Y
066 B000000 N
<PAGE>      PAGE  7
066 C000000 N
066 D000000 Y
066 E000000 N
066 F000000 N
066 G000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 Y
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 Y
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 Y
070 P020000 Y
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000    121095
071 B000000     56678
071 C000000   1417019
071 D000000    4
072 A000000  6
072 B000000     1050
<PAGE>      PAGE  8
072 C000000    12213
072 D000000        0
072 E000000        0
072 F000000     5730
072 G000000        0
072 H000000      110
072 I000000       82
072 J000000       93
072 K000000        0
072 L000000      290
072 M000000       68
072 N000000        0
072 O000000        0
072 P000000        0
072 Q000000        0
072 R000000       32
072 S000000       19
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000      345
072 X000000     6769
072 Y000000        0
072 Z000000     6494
072AA000000     3970
072BB000000        0
072CC010000    54716
072CC020000        0
072DD010000     3297
072DD020000        0
072EE000000        0
073 A010000   0.0200
073 A020000   0.0000
073 B000000   0.0000
073 C000000   0.3000
074 A000000      381
074 B000000    80562
074 C000000     1500
074 D000000     3223
074 E000000    30560
074 F000000  1423328
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000     5879
074 K000000        0
074 L000000     2193
074 M000000      147
074 N000000  1547773
074 O000000     6313
074 P000000     1140
<PAGE>      PAGE  9
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000     4304
074 S000000   418743
074 T000000  1117273
074 U010000   138507
074 U020000        0
074 V010000     8.07
074 V020000     0.00
074 W000000   0.0000
074 X000000    76915
074 Y000000    82177
075 A000000        0
075 B000000  1534233
076  000000     8.17
077 A000000 Y
077 B000000 N
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
080 C000000        0
081 B000000   0
082 B000000        0
083 B000000        0
084 B000000        0
086 A010000   1317
086 A020000  10553
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000     50
086 D020000   1185
086 E010000      0
<PAGE>      PAGE  10
086 E020000      0
086 F010000      0
086 F020000      0
087 A010000 COMMON STOCK
087 A020000 362397101
087 A030000 GAB
087 B010000 7.20% TAX ADVANTAGED SERIES B PREFERRED STOCK
087 B020000 362397408
087 B030000 GABPRB
087 C010000 5.875% SERIES D PREFERRED STOCK
087 C020000 362397705
087 C030000 GABPRD
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 Y
SIGNATURE   BRUCE N ALPERT
TITLE       PRESIDENT/TREASURER


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>get77.txt
<TEXT>

                        EXHIBIT INDEX

EXHIBIT A:
  Attachment to item 77C:
  Submission of matters to a vote of Security holders.

EXHIBIT B:
  Attachment to item 77Q1(a):
  Exhibits
- ------------------------------------------------------------------

EXHIBIT A:
THE GABELLI EQUITY TRUST INC. (the "Fund")
EXHIBIT TO ITEM 77C

	An Annual Meeting of Shareholders of the Fund was held on
May 10, 2004. The following proposals were submitted for a vote
of the shareholders:

1.	To elect three Directors of the Fund, with holders of the
Fund's Common Stock and holders of its Series B 6.00%
Cumulative Preferred Stock and Series C Auction Rate
Cumulative Preferred Stock ("Preferred Stock"), voting
together as a single class.


(1)Mario J. Gabelli
FOR
136,717,747.2456
WITHHOLDING AUTHORITY
2,217,139.3318
PERCENT REPRESENTED AT THE MEETING VOTING IN FAVOR
(COMMON AND PREFERRED SHAREHOLDERS VOTING AS A SINGLE CLASS)
98.40%


(2)Thomas E. Bratter
FOR
136,548,475.4292
WITHHOLDING AUTHORITY
2,386,411.1482
PERCENT REPRESENTED AT THE MEETING VOTING IN FAVOR
(COMMON AND PREFERRED SHAREHOLDERS VOTING AS A SINGLE CLASS)
98.28%


(3)Arthur V. Ferrara
FOR
136,373,588.4089
WITHHOLDING AUTHORITY
2,561,298.1685
PERCENT REPRESENTED AT THE MEETING VOTING IN FAVOR
(COMMON AND PREFERRED SHAREHOLDERS VOTING AS A SINGLE CLASS)
98.16%

The remaining Directors in office are: Anthony J. Colavita,
James P. Conn, Frank J. Fahrenkopf, Jr., Karl Otto Pohl, Anthony
R. Pustorino and Salvatore J. Zizza.


2.	To approve an amendment to the Equity Trust's Articles of
Incorporation ("Articles") to authorize the Board of
Directors from time to time to amend the Articles to
increase or decrease the number of authorized shares of
stock of any class or series without further action by the
Shareholders.

FOR
76,178,481
AGAINST
5,239,139
ABSTAIN
1,901,204
NO VOTE
55,615,831
PERCENT REPRESENTED AT THE MEETING VOTING IN FAVOR
51.89%



EXHIBIT B:
THE GABELLI EQUITY TRUST INC.
EXHIBIT TO ITEM 77Q1

                 ARTICLES OF AMENDMENT
            TO THE ARTICLES OF INCORPORATION

The Gabelli Equity Trust Inc., a Maryland corporation,
having its principal office in Baltimore City, Maryland
(hereinafter called the "Corporation"), hereby certifies to
the State Department of Assessments and Taxation of the
State of Maryland that:

                 FIRST:   The Articles of Incorporation of
the Corporation, as amended from time to time, are hereby
amended by adding the following paragraph to Article FIFTH,
to read as follows:

                 (7)  The Board of Directors,
with the approval of a majority of the entire
Board of Directors, and without any action by
the shareholders of the Corporation, may amend
these Articles from time to time to increase
or decrease the aggregate number of shares of
stock of the Corporation or the number of
shares of stock of any class or series that
the Corporation has authority to issue.

                 SECOND:  The foregoing amendment to the
Corporation's Articles of Incorporation was duly advised by
the Corporation's Board of Directors and approved by
stockholders.

 IN WITNESS WHEREOF, The Gabelli Equity Trust Inc. has
caused these presents to be signed in its name and on its
behalf by a duly authorized officer, and witnessed by its
Secretary, and the said officers of the Corporation further
acknowledge said instrument to be the corporate act of the
Corporation, and state that to the best of their knowledge,
information and belief under penalty of perjury, the
matters and facts set forth herein with respect to approval
are true in all material respects, all on May 12, 2004.


THE GABELLI EQUITY TRUST INC.
By  /s/Bruce N. Alpert
Name:  Bruce N. Alpert
Title: President

Witness:
    /s/James E. McKee
Name:  James E. McKee
Title: Secretary


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
