Company: GGT-PG
Filing Date: 2025-04-17
Form Type: 424B2
Source: 0001999371-25-004396
Chunk: 46

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-04-17
Form: 424B2
Chunk 46
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 one series of preferred stock are outstanding, the Fund
will not effect any of the actions set forth in the preceding sentence which materially adversely affect the rights, preferences,
or powers expressly set forth in the Charter with respect to such shares of a series of preferred stock differently than those
of a holder of shares of any other series of preferred stock without the affirmative vote of the holders of at least a majority
of the shares of preferred stock of each series materially adversely affected and outstanding at such time (each such materially
adversely affected series voting separately as a class to the extent its rights are affected differently).

Unless a higher percentage
is provided under the Charter or Maryland law, the affirmative vote of the holders of a majority (as defined in the 1940 Act) of
the outstanding shares of preferred stock, voting as a separate class, will be required to approve any plan of reorganization adversely
affecting the preferred stock. The affirmative vote of the holders of 66 2/3% of each class of the outstanding voting shares of
the Fund, voting as separate classes, and the vote of a majority (as defined in the 1940 Act) of the holders of shares of preferred
stock, voting as a single class, is required to authorize the conversion of the Fund from a closed-end to an open-end investment
company. Further, unless a higher percentage is provided for under the Charter, the affirmative vote of a majority (as defined
in the 1940 Act) of the votes entitled to be cast by holders of outstanding shares of the Fund’s preferred stock, voting
together as a single class, will be required to approve any action requiring a vote of security holders under Section 13(a)
of the 1940 Act (other than a conversion of the Fund from a closed-end to an open-end investment company), including, among other
things, changes in the Fund’s investment objectives or changes in the investment restrictions described as fundamental policies
under “Investment Objectives and Policies” in this Prospectus and the SAI, “How the Fund Manages Risk—Investment
Restrictions” in this Prospectus and “Investment Restrictions” in the SAI.

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For purposes of this
section, except as otherwise required under the 1940 Act, the vote of the holders of a “majority” of the outstanding
shares of preferred stock means, in accordance with Section 2(a)(42) of the