Gabelli to Liquidate High Income ETF in December, Halts New Creations

Gabelli ETFs Trust has announced plans to liquidate the Gabelli High Income ETF, with the closure scheduled for approximately December 11, 2026, following approval by its Board of Trustees. Effective immediately, the fund has stopped accepting new creation orders from authorized participants and has begun liquidating its portfolio, meaning it will no longer pursue its stated investment objective. Shares are expected to continue trading on NYSE Arca until the liquidation date, allowing investors to exit their positions before the fund closes. Any shares remaining on the liquidation date will be automatically redeemed at net asset value, after accounting for expenses and liabilities, with proceeds distributed to shareholders as soon as practicable. The liquidation date remains subject to change, and investors may face capital gains or losses for tax purposes.