SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* BANK OF AMERICA NA (Last) (First) (Middle) 100 NORTH TRYON STREET (Street) CHARLOTTE NC 28255 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 10/11/2023	3. Issuer Name and Ticker or Trading Symbol GABELLI UTILITY TRUST [ GUT ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
GUT 5.25% 31-DEC-2024 Promissory Note	20,249,064(1)	I(2)	By Subsidiary(2)(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* BANK OF AMERICA NA (Last) (First) (Middle) 100 NORTH TRYON STREET (Street) CHARLOTTE NC 28255 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* BANK OF AMERICA CORP /DE/ (Last) (First) (Middle) BANK OF AMERICA CORPORATE CENTER 100 NORTH TRYON STREET (Street) CHARLOTTE NC 28255 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. The Promissory Note reported as acquired in Table 1, with $20,249,064 face amount, represents a debt security issued by The Gabelli Utility Trust (the "Issuer") beneficially owned by Bank of America N.A. ("BANA"). The Promissory Note was received in connection with the Exchange offer, as set forth in Schedule TO filed by the Issuer on September 6, 2023 and amended on October 12, 2023, where BANA exchanged 888 Series B Auction Market Preferred Shares for the Note.

2. This statement is jointly filed by Bank of America Corporation ("Bank of America") and BANA. Bank of America holds an indirect interest of the securities listed in Table I (the "Securities") by virtue of its indirect ownership of its subsidiary, BANA.

3. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.

	Michael Jentis, Authorized Signatory, on behalf of Bank of America, N.A. (BANK OF AMERICA, NA)	10/30/2023
	Michael Jentis, Authorized Signatory, on behalf of Bank of America Corporation (BANK OF AMERICA CORP)	10/30/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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