<SEC-DOCUMENT>0001193125-19-295676.txt : 20200106
<SEC-HEADER>0001193125-19-295676.hdr.sgml : 20200106
<ACCEPTANCE-DATETIME>20191119171209
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-19-295676
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20191119

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:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		ONE CORP CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580
		BUSINESS PHONE:		9149215070
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<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
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<TITLE>SEC Acceleration Request Letter</TITLE>
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<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>One Corporate Center</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Rye, NY 10580-1422</B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Tel. (914) <FONT STYLE="white-space:nowrap">921-5070</FONT></B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Fax (914) <FONT
STYLE="white-space:nowrap">921-5118</FONT></B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><I>www.gabelli.com</I></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><I>info@gabelli.com</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">The&nbsp;Gabelli&nbsp;Equity&nbsp;Trust&nbsp;Inc.</TD></TR>
</TABLE> <P STYLE="margin-top:48pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">November&nbsp;19, 2019 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman"><B><U>VIA EDGAR</U> </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">Securities and Exchange Commission
</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">100 F Street, N.E. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">Washington, D.C. 20549 </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="7%" VALIGN="top" ALIGN="left">Re:</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman; " ALIGN="left">The Gabelli Equity Trust Inc. (the &#147;Registrant&#148;) </P></TD></TR></TABLE>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:7%; font-size:12pt; font-family:Times New Roman"><U>Registration Statement on Form <FONT STYLE="white-space:nowrap">N-2</FONT> (File
No.</U><U></U><U><FONT STYLE="white-space:nowrap">&nbsp;333-220232)&nbsp;&nbsp;&nbsp;&nbsp;</FONT> </U> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">Ladies and Gentlemen: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">Pursuant to Rule 461 under the Securities Act of 1933, as amended, we hereby request that the effective date for the Registrant&#146;s Registration Statement
on Form <FONT STYLE="white-space:nowrap">N-2</FONT> referenced above be accelerated so that it will become effective on November&nbsp;21, 2019 or as soon as practicable thereafter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">The Registrant hereby requests that you notify James Silk of Willkie Farr&nbsp;&amp; Gallagher LLP at (202) <FONT STYLE="white-space:nowrap">303-1275</FONT>
or Bissie Bonner of Willkie Farr&nbsp;&amp; Gallagher LLP at (212) <FONT STYLE="white-space:nowrap">728-8955</FONT> by telephone once the Registration Statement has been declared effective. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">Very truly yours, </P> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.50em; text-indent:-1.50em; font-size:12pt; font-family:Times New Roman">By:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"><U>/s/ John C. Ball&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD></TR>
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">Name:&nbsp;&nbsp;John C. Ball</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman">Title:&nbsp;&nbsp;&nbsp;&nbsp;Treasurer&nbsp;and&nbsp;Principal</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:3.17em; font-size:12pt; font-family:Times New Roman">Financial&nbsp;and&nbsp;Accounting&nbsp;Officer</P></TD></TR>
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