Company: GGT-PG
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001829126-25-008100
Chunk: 15

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-10-14
Form: 424B2
Chunk 15
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 of 1940, as amended (the “1940 Act”). Although the Fund is
registered as a non-diversified fund, it has operated as a diversified fund for over three years. Therefore, the 1940 Act obliges the
Fund to continue to operate as a diversified fund unless the Fund obtains stockholder approval to operate as a non-diversified fund.
The Fund’s primary investment objective is long-term growth of capital, primarily through investment in a portfolio of common stock
and other securities of foreign and domestic companies involved in the telecommunications, media, publishing, and entertainment industries.
Income is a secondary objective of the Fund. Gabelli Funds, LLC (the “Investment Adviser”) serves as investment adviser to
the Fund. Under normal market conditions, the Fund will invest at least 80% of the value of its net assets, plus borrowings for investment
purposes, in common stock and other securities, including convertible securities, preferred stock, options, and warrants of companies
in the telecommunications, media, publishing, and entertainment industries (the “80% Policy”). A company will be considered
to be in these industries if it derives at least 50% of its revenues or earnings from, or devotes at least 50% of its assets to, the
indicated activities or multimedia related activities. The 80% Policy may be changed without stockholder approval. The Fund will provide
stockholders with notice at least sixty days prior to the implementation of any change in the 80% Policy. The Fund was organized as a
Maryland corporation on March 31, 1994 and commenced its investment operations on November 15, 1994. An investment in the Fund
is not appropriate for all investors. No assurances can be given that the Fund’s objectives will be achieved.

We may offer, from
time to time, in one or more offerings, our common stock or preferred stock, each having a par value of $0.001 per share, or our
subscription rights to purchase our common stock or preferred stock. Shares may be offered at prices and on terms to be set forth
in one or more supplements to this Prospectus (each a “Prospectus Supplement”). You should read this Prospectus and
the applicable Prospectus Supplement carefully before you invest in our shares.

Our shares may be offered
directly to one or more purchasers, through agents designated from time to time by us, or to or through underwriters or dealers.
The Prospectus Supplement relating to