Company: GGT-PG
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001829126-25-008100
Chunk: 0

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-10-14
Form: 424B2
Chunk 0
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Filed Pursuant to Rule 424(b)(2)

Registration Statement No. 333-277213

PROSPECTUS SUPPLEMENT

(To Prospectus dated April 19, 2024)

<div align='center'>The Gabelli Multimedia Trust Inc.

Up to 10,000,000 Shares of Common Stock</div>

The Gabelli Multimedia Trust Inc. (the “Fund,” “we,” or “our”) has entered into a sales agreement with G.research, LLC (the “Sales Manager”), dated April 17, 2025, as amended by amendment no. 1 thereto, dated October 10, 2025 (as so amended, the “Sales Agreement”), relating to the shares of common stock, par value $0.001 per share, (“common stock”) offered by this prospectus supplement and the accompanying prospectus. In accordance with the terms of the Sales Agreement, we may offer and sell up to 10,000,000 shares of our common stock from time to time through the Sales Manager, as our agent for the offer and sale of the common stock. As of the date of this prospectus supplement, the Fund has sold 4,144,101 shares of common stock pursuant to the Sales Agreement and 5,855,899 shares of common stock remain available for sale pursuant to the prospectus supplement and the accompanying prospectus. Under the Investment Company Act of 1940, as amended (the “1940 Act”), the Fund may not sell any shares of common stock at a price below the current net asset value per share of such common stock, exclusive of any distributing commission or discount. The Fund is a non-diversified, closed-end management investment company registered under the 1940 Act. Although the Fund is registered as a non-diversified fund, it has operated as a diversified fund for over three years. Therefore, the 1940 Act obliges the Fund to continue to operate as a diversified fund unless the Fund obtains stockholder approval to operate as a non-diversified fund. The Fund’s primary investment objective is long-term growth of capital, primarily through investment in a portfolio of common stock and other securities of foreign and domestic companies involved in the telecommunications, media, publishing, and entertainment industries. Income is a secondary objective of the Fund. The Fund’s investment adviser is Gabelli Funds, LLC (the “Investment Adviser”). An investment in the Fund is not appropriate for all investors. We cannot assure you that the Fund’s objectives will be