July 30, 2003


Securities and Exchange Commission
Division of Investment Management
450 Fifth Street, N.W.
Washington, D.C. 20549

                   Re: The Gabelli Utility Trust (811-09243)
                       Investment Company Act Rule 23c-2 Notification
                       ----------------------------------------------

Dear Sir or Madam:

         In accordance with Rule 23c-2 promulgated under the Investment
Company Act of 1940, as amended (the "1940 Act"), The Gabelli Utility Trust
(the "Fund") is hereby providing notice of its intention to call or redeem all
or a portion of its [__]% Series A Cumulative Preferred Shares, par value
$.001 per share (the "Series A Preferred"), on the date determined in
accordance with the mandatory redemption provisions of Part II paragraph 3 of
the Statement of Preferences creating and fixing the rights of the Series A
Preferred (the "Statement of Preferences").

         The date on which any Series A Preferred will be mandatorily called
or redeemed pursuant to Part II paragraph 3 of the Statement of Preferences
will be no more than 30 days after a failure by the Fund to maintain the asset
coverage required of it under the 1940 Act or meet the basic asset maintenance
amount tests required of it by the rating agencies that rate the Fund's
preferred shares at its request (each a "Coverage Test" and collectively the
"Coverage Tests") that was not cured on or prior to the applicable cure date
(a "Coverage Test Failure").

         The amount of Series A Preferred to be called or redeemed upon the
occurrence of a Coverage Test Failure will be an amount determined by the
Fund's Board of Directors that is (when aggregated with any other preferred
shares of the Fund then being called or redeemed) the lesser of (i) the
minimum amount of preferred shares, including the Series A Preferred, the
redemption of which, if deemed to have occurred immediately prior to the
opening of business on the relevant cure date, would result in the Fund
meeting each applicable Coverage Test or (ii) the maximum amount of preferred
shares, including the Series A Preferred, that can be redeemed out of the
Fund's available funds.

         In addition, in the event of a Coverage Test Failure the Fund may,
but is not obligated to, mandatorily call or redeem pursuant to Part II
paragraph 3 of the Statement of Preferences an additional amount of preferred
shares, including the Series A Preferred, in order that immediately following
such redemption the Fund would have asset coverage with respect to its
remaining preferred stock outstanding of 220% asset coverage under the 1940
Act and 110% of the asset maintenance amount required under any other Coverage
Test.

         In the event that less than all of the Series A Preferred shares then
outstanding are to be called or redeemed in connection with a Coverage Test
Failure by the Fund, the Series A Preferred to be so called or redeemed will
be selected proportionally from among the holders of the Series A Preferred on
the basis of shares held, by lot or by such other method as the Fund shall
deem fair and equitable.

                                                     Very truly yours,

                                                     THE GABELLI UTILITY TRUST


                                                     By:    /s/ Bruce N. Alpert
                                                            --------------------
                                                     Name:  Bruce N. Alpert
                                                     Title: President