Gabelli Multimedia Trust Reinforces Maintenance of $0.88 per Share Annual Distribution Continues Monthly Distributions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2025
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Source: Newsfilter
Distribution Policy Update: The Gabelli Multimedia Trust Inc. has approved a continuation of its fixed monthly cash distribution policy, declaring distributions of $0.07 for July and August 2025, and $0.08 for September 2025, totaling an annualized distribution of $0.88 per share.
Investment Performance Considerations: The Fund's distributions may vary based on income fluctuations and market conditions, with the potential for portions of distributions to be classified as a return of capital; shareholders will receive detailed tax information in early 2026.
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About GGT
The Gabelli Multimedia Trust Inc. (the Fund) is a United States-based non-diversified closed-end management investment company. The Fund's investment objective is long term growth of capital. The Fund will invest at least 80% of its assets, under normal market conditions, in common stock and other securities, including convertible securities, preferred stock, options, and warrants of companies in the telecommunications, media, publishing and entertainment industries. The Fund also invests in various industries, including cable, the United States Government obligations, computer software and services, broadcasting, hotels and gaming, wireless communications, satellite, electronics, publishing, consumer services, financial services, computer hardware, equipment, business services, retail, diversified industrial, consumer products, food and beverage, information technology, telecommunications, and real estate. The Fund's investment advisor is Gabelli Funds, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
