Company: GDV-PK
Filing Date: 2025-09-04
Form Type: N-CSRS
Source: 0001829126-25-007141
Chunk: 20

Company: GABELLI DIVIDEND & INCOME TRUST
Filing Date: 2025-09-04
Form: N-CSRS
Chunk 20
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 Operations.

As per the approval of the Board, the Fund compensates officers of the Fund, who are employed by the Fund and are not employed by the Adviser (although the officers may receive incentive based variable compensation from affiliates of the Adviser). During the six months ended June 30, 2025, the Fund accrued $90,825 in payroll expenses in the Statement of Operations.

The Fund pays retainer and per meeting fees to Independent Trustees and certain Interested Trustees, plus specified amounts to the Lead Trustee, Audit Committee Chairman, and Nominating Committee Chairman. Trustees are also reimbursed for out of pocket expenses incurred in attending meetings. Trustees who are directors or employees of the Adviser or an affiliated company receive no compensation or expense reimbursement from the Fund.

6. Capital.The Fund is authorized to issue an unlimited number of common shares of beneficial interest (par value $0.001). The Board has authorized the repurchase and retirement of its common shares on the open market when the shares are trading at a discount of 7.5% or more (or such other percentage as the Board may determine from time to time) from the NAV of the shares. During the six months ended June 30, 2025 and the year ended December 31, 2024, the Fund repurchased and retired 533,914 and 864,994 common shares in the open market at investments of $12,703,600 and $20,259,551, respectively, and at average discounts of approximately 12.59% and 14.68% from its NAV.

Transactions in shares of common stock were as follows:

|                                               |     | Six Months Ended 
 June 30,         
 2025             
 (Unaudited)      |          |   |     |        |             |   |     | Year Ended   
 December 31, 
 2024         |          |   |     |        |             |   |
|:----------------------------------------------|:----|:-----------------|:---------|:--|:----|:-------|:------------|:--|:----|:-------------|:---------|:--|:----|:-------|:------------|:--|
|                                               |     | Shares           |          |   |     | Amount |             |   |     | Shares       |          |   |     | Amount |             |   |
| Net decrease from repurchase of common shares |     |                  | (533,914 | ) |     | $      |