cover


		1875 K Street, N.W. Washington, DC 20006-1238

		Tel: 202 303 1000 Fax: 202 303 2000

April 29, 2011

VIA EDGAR

Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549


Re:		The Gabelli Equity Trust Inc. Investment Company Act File No. 811-04700

Ladies and Gentlemen:

On behalf of The Gabelli Equity Trust Inc. (the “Fund”), pursuant to the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, we hereby file via EDGAR transmission the Fund’s Registration Statement on Form N-2.

Any questions or comments on the Registration Statement should be directed to the undersigned at (202) 303-1000.

Very truly yours,


/s/ Ryan P. Brizek Ryan P. Brizek

Enclosures


cc:		Bruce N. Alpert, The Gabelli Equity Trust Inc.
		Agnes Mullady, The Gabelli Equity Trust Inc.
		Carter W. Austin, The Gabelli Equity Trust Inc.
		Rose F. DiMartino, Esq., Willkie Farr & Gallagher LLP

New York Washington Paris London Milan Rome Frankfurt Brussels
in alliance with Dickson Minto W.S., London and Edinburgh