-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 FBX//gXuL5J2iVps+GUcmu0LFflxPhhF2gJhtdrRJFUhKzuBHhtdlZycBWj8vtfd
 YLpsPeQFLbXH40ypgcusEg==

<SEC-DOCUMENT>0000950123-09-010806.txt : 20090603
<SEC-HEADER>0000950123-09-010806.hdr.sgml : 20090603
<ACCEPTANCE-DATETIME>20090603132447
ACCESSION NUMBER:		0000950123-09-010806
CONFORMED SUBMISSION TYPE:	N-30B-2
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090331
FILED AS OF DATE:		20090603
DATE AS OF CHANGE:		20090603
EFFECTIVENESS DATE:		20090603

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:		N-30B-2
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04700
		FILM NUMBER:		09870654

	BUSINESS ADDRESS:	
		STREET 1:		ONE CORP CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580
		BUSINESS PHONE:		9149215070
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-30B-2
<SEQUENCE>1
<FILENAME>gabn30b2_309.txt
<DESCRIPTION>GABELLI EQUITY TRUST 3-31-09
<TEXT>
The Gabelli Equity Trust Inc. Quarterly Report dated March 31, 2009 can be found
under Item 1 of the N-Q Form filed on June 1, 2009.


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