Company: GGT-PG
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001829126-25-008100
Chunk: 33

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-10-14
Form: 424B2
Chunk 33
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, retain and not distribute net long-term
capital gains to the extent of such excess. See “Automatic Dividend Reinvestment and Voluntary Cash Purchase Plans.”

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Automatic Dividend Reinvestment and Voluntary Cash Purchase Plans</div>

The information contained
under the heading “Additional Fund Information—Automatic Dividend Reinvestment and Voluntary Cash Purchase Plan”
in the Fund’s Annual Report is incorporated herein by reference.

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Description of Capital Stock</div>

The following is a brief description of the terms of the Fund’s common stock and preferred stock. This description does not purport to be complete and is qualified by reference to the Fund’s Governing Documents. For complete terms of the common stock and preferred stock, please refer to the actual terms of such series, which are set forth in the Governing Documents.

Common Stock

The Fund is currently
authorized to issue two hundred million (200,000,000) shares, all of which were initially classified and designated as common stock,
par value $0.001 per share. The Board has the authority to classify and reclassify any authorized but unissued shares of stock
from time to time. Of the Fund’s two hundred million (200,000,000) shares initially classified and designated as common stock,
12,001,000 have been reclassified as preferred stock. Each share within a particular class or series thereof has equal voting,
dividend, distribution and liquidation rights. There are no conversion or preemptive rights in connection with any outstanding
stock of the Fund. The common stock of the Fund is not redeemable and has no preemptive, conversion or cumulative voting rights.
In addition, shares of the Fund’s common stock will, when issued, be fully paid and non-assessable. 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
described below.

Under Maryland law,
a Maryland corporation generally cannot dissolve, amend its charter, merge, convert, sell all or substantially all of its assets,
engage in a share exchange or engage in similar transactions outside the ordinary course of business unless approved by the affirmative
vote of stockholders entitled to cast at least two-thirds of the votes entitled to be cast on the matter unless a lesser percentage
(but not less than a majority