Company: GGT-PG
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001829126-25-008100
Chunk: 19

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-10-14
Form: 424B2
Chunk 19
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T PrG” respectively (and together with the Series
C Auction Rate Preferred, “Preferred Stock”). The Series C Auction Rate Preferred, the Series E Preferred and the
Series G Preferred have the same seniority with respect to distributions and liquidation preference. On April 10, 2024, the last
reported sale price of our common stock was $5.53. The net asset value of the Fund’s common stock at the close of business
on April 10, 2024, was $3.46 per share. As of April 10, 2024, the Fund had outstanding 28,170,533 shares of common stock;
10 shares of Series C Auction Rate Preferred, 1,678,698 shares of Series E Preferred and 1,385,949 shares of Series G Preferred.

Investment Objectives and Policies

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 investment objectives of long-term growth of capital and income are fundamental policies
of the Fund. The Fund’s policy of concentration in companies in the telecommunications, media, publishing, and entertainment
industries is also a fundamental policy of the Fund. Under normal market conditions, the Fund will invest at least 80% of the value
of its net assets, plus borrowings for investment purposes, in common stock and other securities, including convertible securities,
preferred stock, options, and warrants of companies in the telecommunications, media, publishing, and entertainment industries
(the “80% Policy”). The Fund may invest in companies of any size market capitalization. The Fund may also invest, without
limitation, in foreign securities. The Fund may also invest in securities 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