Company: GGT-PG
Filing Date: 2025-03-10
Form Type: N-CSR
Source: 0001829126-25-001664
Chunk: 19

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-03-10
Form: N-CSR
Chunk 19
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2023, the Fund did not repurchase any of its common shares.

|                                                                                     |     | Year Ended | December 31, 
         2024 |     |        |            |     | Year Ended | December 31, 
         2023 |     |        |           |
|:------------------------------------------------------------------------------------|:----|:-----------|-------------:|:----|:-------|-----------:|:----|:-----------|-------------:|:----|:-------|----------:|
|                                                                                     |     | Shares     |              |     | Amount |            |     | Shares     |              |     | Amount |           |
| Increase in net assets from common shares issued in offering                        |     |            |    4,881,024 |     | $      | 24,065,120 |     |            |            — |     |        |         — |
| Increase in net assets from common shares issued upon reinvestment of distributions |     |            |      404,424 |     |        |  2,030,501 |     |            |      370,322 |     | $      | 2,163,733 |
| Net increase                                                                        |     |            |    5,285,448 |     | $      | 26,095,621 |     |            |      370,322 |     | $      | 2,163,733 |

As of December 31, 2024 the Fund had an effective shelf registration authorizing the issuance of $376 million of common or preferred shares. The Fund’s Articles of Incorporation authorize the issuance of up to 12,001,000 shares of $0.001 par value Preferred Stock. The Preferred Stock is senior to the common stock and results in the financial leveraging of the common stock. Such leveraging tends to magnify both the risks and opportunities to common stockholders. Dividends on shares of the Preferred Stock are cumulative. The Fund is required by the 1940 Act and by the Articles Supplementary to meet certain asset coverage tests with respect to the Preferred Stock. If the Fund fails to meet these requirements and does not correct such failure, the Fund may be required to redeem, in part or in full, the Series E and Series G Preferred at redemption prices of $25 and

21

The Gabelli Multimedia Trust Inc.

Notes to Financial Statements (Continued)

$25, respectively, per share plus an amount equal to the accumulated and unpaid dividends whether or not declared on