Company: GGT-PG
Filing Date: 2025-04-17
Form Type: 424B2
Source: 0001999371-25-004396
Chunk: 3

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-04-17
Form: 424B2
Chunk 3
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 Structure                                               |     |   31 |
| Repurchase of Common Stock                                              |     |   32 |
| Rights Offering                                                         |     |   33 |
| Net Asset Value                                                         |     |   34 |
| Taxation                                                                |     |   35 |
| Custodian, Transfer Agent, Auction Agent, and Dividend Disbursing Agent |     |   38 |
| Plan of Distribution                                                    |     |   39 |
| Legal Matters                                                           |     |   40 |
| Independent Registered Public Accounting Firm                           |     |   40 |
| Additional Information                                                  |     |   40 |
| Incorporation of Certain Information by Reference                       |     |   41 |
| Privacy Principles of the Fund                                          |     |   42 |
| Special Note Regarding Forward-Looking Statements                       |     |   43 |

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

We may offer and sell
up to 5,000,000 shares of our common stock from time to time through the Sales Manager, as our agent for the offer and sale of the common
stock. There is no guaranty that there will be any sales of our common stock pursuant to this prospectus supplement and the accompanying
prospectus. The table below assumes that we will sell 5,000,000 shares of common stock, at a price of $4.47 per share (the last reported
sales price per share of our common stock on April 15, 2025). Actual sales, if any, of our common stock under this prospectus supplement
and the accompanying prospectus may be less than as set forth in the table below. In addition, the price per share of any such sale may
be greater or less than $4.47, depending on the market price of our common stock at the time of any such sale. To the extent that the
market price per share of our common stock on any given day is less than the net asset value per share on such day plus the per share
amount of the commission to be paid to the Sales Manager, we will instruct the Sales Manager not to make any sales on such day.

The following table sets
forth the audited capitalization of the Fund as of December 31, 2024, and its adjusted capitalization assuming the common stock offered
in this prospectus supplement had been issued.

|                                                                                                                                                                                                                                                                                                                                                                                                                                         |     | Actual |             |     | As adjusted |             |
|:----------------------------------------------------------------