Company: GGT-PG
Filing Date: 2025-04-17
Form Type: 424B2
Source: 0001999371-25-004396
Chunk: 20

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-04-17
Form: 424B2
Chunk 20
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 of companies located in emerging markets.

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A company will be considered
to be in these industries if it derives at least 50% of its revenues or earnings from, or devotes at least 50% of its assets to,
the indicated activities or multimedia related activities. The 80% Policy may be changed without stockholder approval. The Fund
will provide stockholders with notice at least sixty days prior to the implementation of any change in the 80% Policy.

No assurance can be
given that the Fund’s investment objectives will be achieved. See “Investment Objectives and Policies” in the
Prospectus.

Common Stock

Currently, 196,750,000
shares of the Fund’s capital stock, which includes the common stock being registered with this registration statement, have
been classified by the Board of Directors of the Fund (the “Board”) or any duly authorized committee thereof as common
stock, par value $0.001 per share. Holders of the common stock are entitled to one vote per share held. Holders of the common
stock are entitled to share equally in distributions authorized by the Fund’s Board payable to the holders of such shares
and in the net assets of the Fund available on liquidation for distribution to holders of such shares. The shares of common stock
have noncumulative voting rights and no conversion, preemptive or other subscription rights, and are not redeemable. In the event
of liquidation, each share of Fund common stock is entitled to its proportion of the Fund’s assets after payment of debts
and expenses and the amounts payable to holders of the Fund’s preferred stock ranking senior to the shares of common stock
of the Fund. As of April 10, 2024, the net assets of the Fund attributable to its shares of common stock were $97,416,270.
As of April 10, 2024, 28,170,533 shares of common stock of the Fund were outstanding.

Preferred Stock

On December 18,
2019, the Fund completed the placement of $50,000,000 of the Series G Preferred and on September 26, 2017, the Fund completed
the placement of $50,000,000 of the Series E Preferred. On March 31, 2003, the Fund completed the placement of $25 million
of Series C Auction Rate Preferred. The Preferred Stock is senior to the common stock and results in the financial leveraging of