Company: GGT-PG
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001829126-25-008100
Chunk: 62

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-10-14
Form: 424B2
Chunk 62
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 to the Fund’s preferred stock, and then to the Fund’s common
shares.

The IRS currently requires
a RIC that has two or more classes of shares outstanding to designate to each such class proportionate amounts of each type of
its income (e.g., ordinary income, capital gain dividends, qualified dividend income) for each tax year based upon the percentage
of total dividends distributed to each class for such year.

Generally, after the
close of its calendar year, the Fund will provide you with a written notice reporting the amount of any qualified dividend income
or capital gain dividends and other distributions.

Except in the case
of a redemption or repurchase (the consequences of which are described in the SAI under “Taxation — Taxation of Stockholders”),
the sale or other disposition of shares of the Fund will generally result in capital gain or loss to you, and will be long term
capital gain or loss if the shares have been held for more than one year at the time of sale. Any loss upon the sale or exchange
of Fund shares held for six months or less will be treated as long term capital loss to the extent of any capital gain dividends
received (including amounts credited as undistributed capital gain dividends) by you with respect to such Fund shares. A loss realized
on a sale or exchange of shares of the Fund will be disallowed if other substantially identical shares are acquired (whether through
the automatic reinvestment of dividends or otherwise) within a 61-day period beginning 30 days before and ending 30 days after
the date of the sale or exchange of the shares. In such case, the basis of the shares acquired will be adjusted to reflect the
disallowed loss.

Dividends and other
taxable distributions are taxable to you even if they are reinvested in additional shares of the Fund. Dividends and other distributions
paid by the Fund are generally treated as received by a stockholder at the time the dividend or distribution is made. If, however,
the Fund pays you a dividend or makes a distribution in January that was declared in the previous October, November or December
to stockholders of record on a specified date in one of such months, then such dividend or distribution will be treated for tax
purposes as being paid by the Fund and received by you on December 31 of the year in which the dividend or distribution was
declared.

The Fund is required
in certain circumstances to withhold, for U.S. backup withholding tax purposes, a portion of the