Company: GDV-PK
Filing Date: 2025-03-10
Form Type: N-CSR
Source: 0001829126-25-001652
Chunk: 8

Company: GABELLI DIVIDEND & INCOME TRUST
Filing Date: 2025-03-10
Form: N-CSR
Chunk 8
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ers that have submitted orders have not been able to sell any or all of       
 their shares in the auction.                                                                                                      |
| (i) | Asset                                                                                                                             
 coverage per share is calculated by combining all series of preferred shares.                                                     |
| (j) | The                                                                                                                               
 Fund redeemed and retired all its outstanding Series C Shares on June 27, 2024.                                                   |
| (k) | The                                                                                                                               
 Fund redeemed and retired all its outstanding Series E Shares on June 28, 2024.                                                   |
| (l) | The                                                                                                                               
 Fund redeemed and retired all its outstanding Series G Shares on January 31, 2022.                                                |
| (m) | Based                                                                                                                             
 on weekly prices.                                                                                                                 |
| (n) | Asset                                                                                                                             
 coverage is calculated by combining all series of preferred shares.                                                               |

<div align='center'>See accompanying notes to financial statements.

21</div>

The Gabelli Dividend & Income Trust

Notes to Financial Statements

1. Organization.The Gabelli Dividend & Income Trust (the Fund) was organized on November 18, 2003 as a Delaware statutory trust. The Fund is a diversified closed-end management investment company registered under the Investment Company Act of 1940, as amended (the 1940 Act). The Fund commenced investment operations on November 28, 2003.

The Fund’s investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income. The Fund will attempt to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in dividend paying securities (such as common and preferred shares) or other income producing securities (such as fixed income debt securities and securities that are convertible into equity securities).

Gabelli Funds, LLC (the Adviser), with its principal offices located at One Corporate Center, Rye, New York 10580-1422, serves as investment adviser to the Fund. The Adviser makes investment decisions for the Fund and continuously reviews and administers the Fund’s investment program and manages the operations of the Fund under the general supervision of the Company’s Board of Trustees (the Board).

2. Significant Accounting Policies.As an investment company, the Fund follows the investment company accounting and reporting guidance, which is part of U.S. generally accepted accounting principles (GAAP) that may require the use of management estimates and assumptions in the preparation of its financial statements. The Board has designated the Adviser as the valuation design