The Gabelli Global Utility & Income Trust (GLU) is a mutual fund that focuses on investing in utility and income-generating companies from around the world. This fund seeks to provide investors with a steady stream of income through dividends and interest payments, while also aiming for long-term capital appreciation. With a global approach, the fund offers diversification and potential for growth in the utility sector, which includes companies involved in providing essential services such as electricity, water, and telecommunications. GLU may be a suitable option for investors seeking a balanced portfolio with a focus on income and utility companies.