Company: GGT-PG
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001829126-25-008100
Chunk: 55

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-10-14
Form: 424B2
Chunk 55
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) in that closed-end funds generally list their shares
for trading on a stock exchange and do not redeem their shares at the request of the stockholder. This means that if you wish to sell
your shares of a closed-end fund you must trade them on the market like any other stock at the prevailing market price at that time.
In a mutual fund, if the stockholder wishes to sell shares of the Fund, the mutual fund will redeem or buy back the shares at “net
asset value.” Also, mutual funds generally offer new shares on a continuous basis to new and existing investors, and closed-end
funds generally do not. The continuous inflows and outflows of assets in a mutual fund can make it difficult to manage the Fund’s
investments. By comparison, closed-end funds are generally able to stay more fully invested in securities that are consistent with their
investment objective, to have greater flexibility to make certain types of investments and to use certain investment strategies such
as financial leverage and investments in illiquid securities.

Shares of closed-end
funds often trade at a discount to their net asset value. Because of this possibility and the recognition that any such discount
may not be in the interest of stockholders, the Fund’s Board might consider from time to time engaging in open-market repurchases,
tender offers for shares, or other programs intended to reduce a discount. In accordance with determinations made by the Board,
the Fund may repurchase its common stock from time to time when it deems such a repurchase advisable. No guarantee or assurance
can be made that any of these actions will be undertaken. Nor is there any guarantee or assurance that such actions, if undertaken,
would result in the shares trading at a price equal or close to net asset value per share. The Board might also consider converting
the Fund to an open-end mutual fund, which would also require a supermajority vote of the stockholders of the Fund and a separate
vote of any outstanding shares of preferred stock. We cannot assure you that the Fund’s common stock will not trade at a
discount.

<div align='center'>- 31 -

Repurchase of Common Stock</div>

The
Fund is registered as a closed-end, non-diversified, management investment company and, as such, its stockholders do not, and will not,
have the right to redeem their stock. The Fund, however, may repurchase its common stock from time to time as and when it deems such
a repurchase advisable. The