<DOCUMENT>
<TYPE>N-30B-2
<SEQUENCE>1
<FILENAME>gabn30b2_909.txt
<DESCRIPTION>GABELLI GAB 9-30-09
<TEXT>
The Gabelli Equity Trust Inc. Quarterly Report dated September 30, 2009 can be
found under Item 1 of the N-Q Form filed on November 30, 2009.


</TEXT>
</DOCUMENT>
