Articles from The Gabelli Multimedia Trust Inc.

The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSEGGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on March 24, 2023 to common stock shareholders of record on March 17, 2023.

The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSEGGT) (the “Fund”) announces that as of November 30, 2022, the Fund had asset coverage of 228%, with total assets of approximately $219 million, approximately $96 million of total preferred shares outstanding, and a cash position of approximately $41 million. The Fund continues to monitor the asset coverage for its leverage position, and believes it has sufficient flexibility within its portfolio to take action, if necessary, to maintain its leverage ratio limits as required by applicable regulatory requirements.

The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSEGGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on December 16, 2022 to common stock shareholders of record on December 9, 2022. With this fourth quarter distribution, the total distributions from the Fund for 2022 would equate to $0.88 per share.

The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSEGGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on September 23, 2022 to common stock shareholders of record on September 16, 2022.

The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSEGGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on June 23, 2022 to common stock shareholders of record on June 15, 2022.

The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSEGGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on March 24, 2022 to common stock shareholders of record on March 17, 2022.

The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSEGGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on December 17, 2021 to common stock shareholders of record on December 10, 2021. With this fourth quarter distribution, the total distributions from the Fund for 2021 would equate to $0.88 per share.

The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSEGGT) (the “Fund”) announces the completion of its transferable rights offering (the “Offering” or “Offer”). Preliminary results indicate that the Fund will issue approximately 1.9 million shares of common stock, resulting in gross proceeds to the Fund of approximately $18 million (including over-subscription requests and notices of guaranteed delivery).