Company: GDV-PK
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001133228-25-002931
Chunk: 15

Company: GABELLI DIVIDEND & INCOME TRUST
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 15
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ees meet regularly in executive session and chair

| 9 |

all committees
of the Board.

The Fund’s operations entail
a variety of risks, including investment, administration, valuation, and a range of compliance matters. Although the Adviser, the sub-administrator,
and the officers of the Fund are responsible for managing these risks on a day-to-day basis within the framework of their established
risk management functions, the Board also addresses risk management of the Fund through its meetings and those of the committees and
working groups. As part of its general oversight, the Board reviews with the Adviser at Board meetings the levels and types of risks
being undertaken by the Fund, and the Audit Committee discusses the Fund’s risk management and controls with the independent registered
public accounting firm engaged by the Fund. The Board reviews valuation policies and procedures and the valuations of specific illiquid
securities. The Board also receives periodic reports from the Fund’s Chief Compliance Officer regarding compliance matters relating
to the Fund and its major service providers, including results of the implementation and testing of the Fund’s and such providers’
compliance programs. The Board’s oversight function is facilitated by management reporting processes that are designed to provide
visibility to the Board regarding the identification, assessment, and management of critical risks, and the controls and policies and
procedures used to mitigate those risks. The Board reviews its role in supervising the Fund’s risk management from time to time
and may make changes at its discretion at any time.

The Board has determined that its
leadership structure is appropriate for the Fund because it enables the Board to exercise informed and independent judgment over matters
under its purview, allocates responsibility among committees in a manner that fosters effective oversight, and allows the Board to devote
appropriate resources to specific issues in a flexible manner as they arise. The Board periodically reviews its leadership structure
as well as its overall structure, composition, and functioning, and may make changes at its discretion at any time.

Beneficial
Ownership of Shares Held in the Fund and the Family of Investment Companies for each Trustee and Nominee for Election as Trustee

Set forth in the table below is
the dollar range of equity securities in the Fund beneficially owned by each Trustee and nominee for election as Trustee and the aggregate
dollar range of equity securities in the Fund Complex beneficially owned by each Trustee and nominee for election as Trustee.

| Name of Trustee/Nominee        |     | Dollar Range         
 of Equity            
 Securities