EX-FILING FEES
Calculation of Filing Fee Table
SC TO-I
(Form Type)
THE GABELLI EQUITY TRUST INC.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Transaction Valuation
Transaction Valuation | Fee rate | Amount of Filing Fee | |
Fees to Be Paid | $81,000,000(1) | 0.0001476% | $11,955.60(2) |
Fees Previously Paid | |||
Total Transaction Valuation | $81,000,000(1) | ||
Total Fees Due for Filing | $11,955.60 | ||
Total Fees Previously Paid | - | ||
Total Fee Offsets | - | ||
Net Fee Due | $11,955.60 |
(1) | Calculated as the aggregate maximum purchase price for Auction Rate Preferred Shares that could be purchased in the tender offer, based upon a purchase price equal to 90.0% of the liquidation preference of $25,000 per Auction Rate Preferred Share (i.e., $22,500 per share). |
(2) | Calculated at $147.60 per $1,000,000 of the Transaction Value. |