Company: GDV-PK
Filing Date: 2025-08-08
Form Type: N-14
Source: 0001829126-25-006008
Chunk: 13

Company: GABELLI DIVIDEND & INCOME TRUST
Filing Date: 2025-08-08
Form: N-14
Chunk 13
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 the 1940 Act, Dividend Trust and Preferred Trust may distribute capital gains to shareholders more frequently than annually. Dividend Trust will continue to make monthly distributions pursuant to its distribution policy. Preferred Trust plans to make distributions quarterly.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |

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| Appraisal Rights                     |     | None of the Funds’ shareholders have appraisal rights for their shares in their respective Fund.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Manner of Effecting the Distribution |     | Dividend Trust’s Board is expected to declare a distribution (the “Distribution”) of all the outstanding Preferred Trust Common Shares payable to the holders of record of Dividend Trust Common Shares as of the close of business on a date (the “Distribution Record Date”) to be determined by Dividend Trust’s Board following shareholder approval of the Transaction. The Board will also determine the payable date for the Distribution (the “Distribution Date”). A vote will not be taken on the Transaction and the Distribution will not occur unless and until the Commission issues an exemptive order with respect to the Transaction. On or about the Distribution Date, Dividend Trust will contribute a portion of its assets (which is anticipated to consist largely or exclusively of cash, preferred securities, and other income producing securities) having a value of approximately $100 million to Preferred Trust.                                                                                                                                                                                                                                                              
 Dividend Trust will effect the Distribution on the Distribution Date by providing for the delivery of Preferred Trust Common Shares to Computershare Trust Company, N.A. (the “Distribution Agent”) for distribution to holders of record of Dividend Trust Common Shares as of the close of business on the Distribution Record Date. The Distribution will be made on the basis of one (1) Preferred Trust Common Share for every twenty (20) Dividend Trust Common Shares outstanding on the Distribution Record Date. All such Preferred Trust Common Shares will be fully paid and non-assessable. Commencing on or about the Distribution Date, Preferred Trust Common Shares will be credited in book-entry form to accounts registered directly with the transfer agent, with a confirmation statement mailed to shareholders.                                                                                                                                                                                                                                                                                                                                                                       
 Fractional shares of Preferred Trust Common Shares will not be issued as part of the Distribution. The Distribution Agent will aggregate the fractional shares to which holders of Dividend Trust Common Shares would otherwise be entitled and attempt to sell them in the open market at then prevailing prices on behalf of such holders, and such holders will receive instead a cash payment in the amount of their pro r