X0202 4 2004-11-26 0 0001080720 GABELLI UTILITY TRUST GUT 0001185533 GABELLI MARIO J C/O GABELLI ASSET MANAGEMENT INC ONE CORPORATE CENTER RYE NY 10580 1 1 0 0 Chairman and CIO Common Stock 2004-11-26 4 P 0 70862 7 A 354309 D Common Stock 2004-11-26 4 P 0 1612 7 A 8103 D Common Stock 2004-11-26 4 P 0 45525 7 A 227624 I Gabelli Group Capital Partners, Inc. Common Stock Purchase Rights 7 2004-11-26 4 D 0 283448 0 D 2004-10-20 2004-11-26 Common Stock 70862 0 D Common Stock Purchase Rights 7 2004-11-26 4 X 0 6448 0 D 2004-10-20 2004-11-26 Common Stock 1612 0 D Common Stock Purchase Rights 7 2004-11-26 4 X 0 182100 0 D 2004-10-20 2004-11-26 Common Stock 45525 0 I Gabelli Group Capital Partners, Inc. Mr. Gabelli has less than 100% interest in this entity. The securities reported reflect the total amount of securities beneficially owned by this entity, which is greater than Mr. Gabelli's indirect pecuniary interest. Mr. Gabelli hereby disclaims beneficial ownership of the shares held by this entity which are in excess of his indirect pecuniary interest. The reporting person acquired 283,448 common stock purchase rights as a result of a pro rata distribution of such rights on October 20, 2004. The reporting person acquired 6,448 common stock purchase rights as a result of a pro rata distribution of such rights on October 20, 2004. The reporting person acquired 182,100 common stock purchase rights as a result of a pro rata distribution of such rights on October 20, 2004. /s/ James E. McKee as Attorney-in-Fact for Mario J. Gabelli 2004-11-30