Company: GGT-PG
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001829126-25-008100
Chunk: 21

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-10-14
Form: 424B2
Chunk 21
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 but unpaid dividends (whether or not earned or declared) to the redemption date. For the Series E Preferred,
the redemption price is $25 per share plus an amount equal to any accumulated but unpaid dividends (whether or not earned or declared)
to the redemption date. For the Series G Preferred, the redemption price is $25 per share plus an amount equal to any accumulated
but unpaid dividends (whether or not earned or declared) to the redemption date. Dividend rates for the Series C Auction Rate Preferred
are cumulative at a rate that may be reset every seven days based on the results of an auction, or not in excess of a maximum rate.
Additionally, failure to meet the foregoing asset coverage requirements could restrict the Fund’s ability to pay dividends
to common stockholders and could lead to sales of portfolio securities at inopportune times. If the Fund has insufficient investment
income and gains, all or a portion of the distributions to preferred stockholders would come from the common stockholders’
capital. Such distributions reduce the net assets attributable to common stockholders since the liquidation value of the preferred
stockholders is constant.

As of April 10,
2024, the Fund had 10 shares of Series C Auction Rate Preferred outstanding, 1,678,698 shares of Series E Preferred outstanding
and 1,385,949 shares of Series G Preferred outstanding.

The Fund may issue
additional series of preferred stock to leverage its investments. If the Fund’s Board (each member of the Board individually,
a “Director”) determines that it may be advantageous to the holders of the Fund’s common stock for the Fund to
utilize such leverage, the Fund may issue additional series of preferred stock. Any preferred stock issued by the Fund will pay
distributions either at a fixed rate or at rates that will be reset frequently based on short-term interest rates. Leverage creates
a greater risk of loss as well as a potential for more gains for the common stock than if leverage were not used. See “Risk
Factors and Special Considerations—Leverage Risk” in the Annual Report. The Fund may also engage in investment management
techniques which will not be considered senior securities if the Fund complies with Rule 18f-4 under the 1940 Act.

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Dividends and Distributions

Preferred Stock Distributions. In accordance with the 1940 Act, all preferred stock of the Fund must have the same seniority with respect to
distributions. Accordingly, no full distribution will