Company: GGT-PG
Filing Date: 2025-04-17
Form Type: 424B2
Source: 0001999371-25-004396
Chunk: 55

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-04-17
Form: 424B2
Chunk 55
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 amount of any such discount.

The provisions of the
Governing Documents and Maryland law described above could have the effect of depriving the owners of stock in the Fund of opportunities
to sell their shares at a premium over prevailing market prices by discouraging a third party from seeking to obtain control of
the Fund in a tender offer or similar transaction. The overall effect of these provisions may render more difficult the accomplishment
of a merger or the assumption of control by a principal stockholder.

The Governing Documents
of the Fund are on file with the SEC.

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Closed-End Fund Structure</div>

The
Fund is registered as a non-diversified, closed-end management investment company (commonly referred to as a closed-end fund). Closed-end
funds differ from open-end funds (which are generally referred to as mutual funds) 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