Company: GDV-PK
Filing Date: 2025-03-10
Form Type: N-CSR
Source: 0001829126-25-001652
Chunk: 4

Company: GABELLI DIVIDEND & INCOME TRUST
Filing Date: 2025-03-10
Form: N-CSR
Chunk 4
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 original cost. Current performance may be lower or higher    
 than the performance data presented. Visit www.gabelli.com for performance information as of the most recent month end. The S&P        
 500 Index is an unmanaged indicator of stock market performance. The Dow Jones Industrial Average is an unmanaged index of 30 large    
 capitalization stocks. Dividends are considered reinvested. You cannot invest directly in an index.                                    |
|:----|:---------------------------------------------------------------------------------------------------------------------------------------|
| (b) | Total                                                                                                                                  
 returns and average annual returns reflect changes in the NAV per share and reinvestment of distributions at NAV on the ex-dividend    
 date and adjustment for the spin-off and are net of expenses. Since inception return is based on an initial NAV of $19.06.             |
| (c) | Total                                                                                                                                  
 returns and average annual returns reflect changes in closing market values on the NYSE, reinvestment of distributions, and adjustment 
 for the spin-off. Since inception return is based on an initial offering price of $20.00.                                              |

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing.

<div align='center'>3

COMPARISON OF CHANGE IN VALUE OF A $10,000 INVESTMENT IN

THE GABELLI DIVIDEND & INCOME TRUST (INVESTMENT TOTAL RETURN) AND S&P 500 INDEX
(Unaudited)</div>

| Average               
 Annual Total Returns* |        |       |       |
|                       | 1      
 Year   | 5     
 Year  | 10    
 Year  |
| Investment            | 18.09% | 8.48% | 7.66% |

* Past performance is not predictive of future results. The performance tables and graph do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the sale of Fund shares.

<div align='center'>4</div>

Summary of Portfolio Holdings (Unaudited)

The following table presents portfolio holdings as a percent of total investments as of December 31, 2024:

The Gabelli Dividend & Income Trust

| Financial                  
 Services                   |     | 19.0 | % |
| Health                     
 Care                       |     |  9.4 | % |
| U.S.                       
 Government Obligations     |     |  7.3 | % |
| Food                       
 and Beverage               |     |  6.9 | % |
| Computer                   
 Software and Services