Company: GDV-PK
Filing Date: 2025-08-08
Form Type: N-14
Source: 0001829126-25-006008
Chunk: 113

Company: GABELLI DIVIDEND & INCOME TRUST
Filing Date: 2025-08-08
Form: N-14
Chunk 113
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 as a RIC under Subchapter M of the Code. The Series J Preferred Shares are not traded on any public exchange.

Distributions on the Series K Preferred Shares, which are fixed rate preferred shares, accumulate at an annualized rate of 4.25% of the liquidation preference of $25 per share, are cumulative from the date of original issuance thereof, and are payable quarterly on March 26, June 26, September 26 and December 26 of each year commencing December 26, 2021. The Fund’s outstanding Series K Preferred Shares generally may not be called for redemption at the option of the Fund prior to October 7, 2026. The Series K Preferred Shares are listed and traded on the NYSE under the symbol “GDV Pr K.”

Distributions on the Series M Preferred Shares, which are fixed rate preferred shares, accumulate at an annualized rate of 5.20% of the liquidation preference of $10 per share, are cumulative from the date of original issuance thereof, and are payable semiannually on June 26 and December 26 of each year, commencing June 26, 2025. The Fund’s outstanding Series M Preferred Shares generally may not be called for redemption at the option of the Fund prior to December 26, 2025. The Fund is required to redeem the Series M Preferred Shares on December 26, 2026 at a price equal to $10 per share plus accumulated but unpaid dividends and distributions (whether or not earned or declared by the Fund) to, but not including, the date of redemption.

Preferred Trust

Currently, an unlimited number of Preferred Trust’s shares have been classified by its Board of Trustees as preferred shares, par value $0.001 per share. The terms of such preferred shares may be fixed by its Board of Trustees and would materially limit and/or qualify the rights of the holders of the Fund’s common shares. Preferred Trust has no preferred shares outstanding.

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General

Upon a liquidation, each holder of the preferred shares will be entitled to receive out of the assets of a Fund available for distribution to shareholders (after payment of claims of the Fund’s creditors but before any distributions with respect to the Fund’s common shares or any other shares of the Fund ranking junior to the preferred shares as to liquidation payments) an amount per share equal to such share’s liquidation preference plus any accumulated but unpaid distributions (whether or not earned or declared, excluding interest thereon) to