Distribution Policy Continuation: The Gabelli Multimedia Trust Inc. has approved the continuation of its fixed monthly cash distribution policy, declaring specific amounts for October, November, and December 2025.
Monthly Distribution Breakdown: For the fourth quarter of 2025, the Fund will distribute $0.07 per share in October and November, and $0.08 per share in December, totaling $0.22 per share quarterly.
Change in Distribution Strategy: The Fund will no longer rely on a managed distribution policy previously allowed by the SEC, opting instead to distribute taxable income and potential capital gains more regularly.
Investment Considerations: Investors are advised to consider the Fund's investment objectives and risks before investing, as distributions may vary based on market conditions and the Fund's performance.
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.
