PAGE  1
000 A000000 06/30/2011
000 C000000 0000794685
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 THE GABELLI EQUITY TRUST INC.
001 B000000 811-04700
001 C000000 9149215100
002 A000000 ONE CORPORATE CENTER
002 B000000 RYE
002 C000000 NY
002 D010000 10580
002 D020000 1422
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
008 A000001 GABELLI FUNDS, LLC
008 B000001 A
008 C000001 801-37706
008 D010001 RYE
008 D020001 NY
008 D030001 10580
008 D040001 1422
010 A000001 GABELLI FUNDS, LLC
010 B000001 801-37706
010 C010001 RYE
010 C020001 NY
010 C030001 10580
010 C040001 1422
010 A000002 BNY MELLON INVESTMENT SERVICING (US) INC.
010 B000002 84-01761
010 C010002 WILMINGTON
010 C020002 DE
010 C030002 19809
012 A000001 COMPUTERSHARE TRUST COMPANY, N.A.
012 B000001 84-05925
012 C010001 CANTON
012 C020001 MA
012 C030001 02021
012 C040001 1011
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 NEW YORK
013 B020001 NY
      PAGE  2
013 B030001 10017
014 A000001 GABELLI & COMPANY, INC.
014 B000001 8-21373
014 A000002 G.DISTRIBUTORS, LLC
014 B000002 8-68697
015 A000001 THE BANK OF NEW YORK MELLON
015 B000001 C
015 C010001 EVERETT
015 C020001 MA
015 C030001 02149
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000   31
019 C000000 GABELLIGRP
020 A000001 GABELLI & COMPANY, INC.
020 B000001 13-2885006
020 C000001     99
020 A000002 UBS SECURITIES LLC
020 B000002 13-3873456
020 C000002      7
020 A000003 KNIGHT EQUITY MARKETS, L.P.
020 B000003 22-3660471
020 C000003      6
020 A000004 STIFEL, NICOLAUS & CO., INC.
020 B000004 43-0538770
020 C000004      4
020 A000005 BAY CREST PARTNERS LLC
020 B000005 13-3697789
020 C000005      2
020 A000006 DAIWA SECURITIES AMERICA, INC.
020 B000006 13-5680329
020 C000006      2
020 A000007 JEFFERIES & CO., INC.
020 B000007 95-2622900
020 C000007      2
020 A000008 MORGAN STANLEY & CO., INC.
020 B000008 13-2655998
020 C000008      2
020 A000009 J.P. MORGAN SECURITIES, INC.
020 B000009 13-3379014
020 C000009      2
020 A000010 MKM PARTNERS LLC
020 B000010 13-4171600
020 C000010      2
021  000000      137
022 A000001 BARCLAYS CAPITAL, INC.
022 B000001 06-1031656
022 C000001     42125
022 D000001     38640
022 A000002 BROCK ACQUISITION
      PAGE  3
022 C000002         0
022 D000002      7620
022 A000003 CREDIT AGRICOLE CHEUVREUX NORTH AMERICA, INC.
022 B000003 13-3867844
022 C000003         0
022 D000003       291
022 A000004 SWISSCOM AG
022 C000004         0
022 D000004       126
022 A000005 ROLLS-ROYCE GROUP PLC, CL. C
022 C000005         0
022 D000005       120
022 A000006 MKM PARTNERS LLC
022 B000006 13-4171600
022 C000006         0
022 D000006        72
022 A000007 GUILFORD SECURITIES
022 C000007         0
022 D000007        31
023 C000000      42125
023 D000000      46900
024  000000 Y
025 A000001 THE BANK OF NEW YORK MELLON CORP.
025 B000001 13-2614959
025 C000001 E
025 D000001    4612
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 N
026 G020000 Y
026 H000000 N
027  000000 N
028 A010000         0
028 A020000         0
028 A030000         0
028 A040000         0
028 B010000         0
028 B020000         0
028 B030000         0
028 B040000         0
028 C010000         0
028 C020000         0
028 C030000         0
028 C040000         0
028 D010000         0
028 D020000         0
028 D030000         0
      PAGE  4
028 D040000         0
028 E010000         0
028 E020000         0
028 E030000         0
028 E040000         0
028 F010000         0
028 F020000         0
028 F030000         0
028 F040000         0
028 G010000         0
028 G020000         0
028 G030000         0
028 G040000         0
028 H000000         0
030 A000000      0
030 B000000  0.00
030 C000000  0.00
031 A000000      0
031 B000000      0
032  000000      0
033  000000      0
035  000000      0
036 B000000      0
038  000000      0
042 A000000   0
042 B000000   0
042 C000000   0
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000      0
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  1.000
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
      PAGE  5
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000        0
048 K020000 0.000
049  000000 N
050  000000 N
051  000000 Y
052  000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056  000000 Y
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 N
060 B000000 N
061  000000        0
062 A000000 N
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
      PAGE  6
062 L000000   0.0
062 M000000   0.0
062 N000000   0.0
062 O000000   0.0
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
063 A000000   0
063 B000000  0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 N
066 E000000 Y
066 F000000 N
066 G000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 Y
070 A020000 N
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 Y
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 Y
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 Y
      PAGE  7
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000     48785
071 B000000     90524
071 C000000   1422655
071 D000000    3
072 A000000  6
072 B000000       43
072 C000000    13726
072 D000000        0
072 E000000        0
072 F000000     7026
072 G000000        0
072 H000000       75
072 I000000       70
072 J000000       93
072 K000000        0
072 L000000      245
072 M000000       71
072 N000000        0
072 O000000        0
072 P000000        0
072 Q000000       22
072 R000000       23
072 S000000       41
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000      284
072 X000000     7950
072 Y000000        1
072 Z000000     5820
072AA000000    12009
072BB000000        0
072CC010000    90679
072CC020000        0
072DD010000     4405
072DD020000        0
072EE000000     6853
073 A010000   0.0200
073 A020000   0.0000
073 B000000   0.0400
073 C000000   0.2100
074 A000000       45
074 B000000        0
074 C000000     4000
074 D000000     2576
074 E000000      937
      PAGE  8
074 F000000  1420269
074 G000000        0
074 H000000        0
074 I000000       18
074 J000000     7857
074 K000000        0
074 L000000     2270
074 M000000       95
074 N000000  1438067
074 O000000      164
074 P000000     2410
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000     7622
074 S000000   305357
074 T000000  1122514
074 U010000   182608
074 U020000        0
074 V010000     6.15
074 V020000     0.00
074 W000000   0.0000
074 X000000    62735
074 Y000000        0
075 A000000        0
075 B000000  1428867
076  000000     0.00
077 A000000 Y
077 C000000 Y
078  000000 N
080 C000000        0
081 B000000   0
082 B000000        0
083 B000000        0
084 B000000        0
086 A010000   1751
086 A020000  10470
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
087 A010000 COMMON STOCK
087 A020000 362397101
087 A030000 GAB
      PAGE  9
087 B010000 5.875% SERIES D PREFERRED STOCK
087 B020000 362397705
087 B030000 GABPRD
087 C010000 6.200% SERIES F PREFERRED STOCK
087 C020000 362397804
087 C030000 GABPRF
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 Y
SIGNATURE   SCOTT R. FUCHS
TITLE       ASSISTANT TREASURER