Robert Leininger, CFA, was named Monday as portfolio manager of the Gabelli Dividend and Income Trust Inc., according to GAMCO Investors, Inc. He joins Mario Gabelli and Barbara Marcin, who have been the team portfolio managers since the Trust’s inception on November 28, 2003.
Leininger first came to GAMCO in 1993, when he joined as a security analyst covering the beverage industry. He left GAMCO for Rorer Asset Management LLC in Philadelphia in 1997; there he was a member of the investment policy committee and a partner in the firm. In 2009, he joined Copeland Capital Management as a partner and portfolio manager.
In a statement, Leininger said, “I look forward to rejoining Mario, Barbara and the entire valule team. Historically, dividends have represented a significant portion of the total return for the S&P 500. I look forward to augmenting our focus on investment opportunities with attractive dividend yields.”