Company: GGT-PG
Filing Date: 2025-10-14
Form Type: 424B2
Source: 0001829126-25-008100
Chunk: 40

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-10-14
Form: 424B2
Chunk 40
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cash distributions, at an annual rate set forth in the applicable Articles Supplementary or Prospectus Supplement, payable with
such frequency as set forth in the applicable Articles Supplementary or Prospectus Supplement. Such distributions accumulate from
the date on which such shares are issued.

For auction rate preferred
stock, each such series of preferred stock pays distributions based on a rate set at an auction, normally held weekly, but not
in excess of a maximum rate. Dividend periods generally are seven days, and the dividend periods generally begin on the first business
day after an auction. In most instances, distributions are also paid weekly, on the business day following the end of the dividend
period. The Fund, subject to some limitations, may change the length of the dividend periods, designating them as “special
dividend periods.”

Restrictions on Dividends and Other Distributions for the Preferred Stock.So long as any preferred stock is outstanding, the Fund may not
pay any dividend or distribution (other than a dividend or distribution paid in common stock or in options, warrants, or rights
to subscribe for or purchase common stock) in respect of the common stock or call for redemption, redeem, purchase or otherwise
acquire for consideration any common stock (except by conversion into or exchange for shares of the Fund ranking junior to the
preferred stock as to the payment of dividends or distributions and the distribution of assets upon liquidation), unless:

| ● | the Fund has declared and paid (or provided to the relevant dividend paying agent) all cumulative distributions on the Fund’s outstanding preferred stock due on or prior to the date of such common stock dividend or distribution; |

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| ● | the Fund has redeemed the full number of shares of preferred stock to be redeemed pursuant to any mandatory redemption provision in the Fund’s Governing Documents; and |

| ● | after making the distribution, the Fund meets applicable asset coverage requirements. |

No full distribution
will be declared or made on any series of preferred stock for any dividend period, or part thereof, unless full cumulative distributions
due through the most recent dividend payment dates therefor for all outstanding series of preferred stock of the Fund ranking on
a parity with such series as to distributions have been or contemporaneously are declared and made. If full cumulative distributions
due have not been made on all outstanding preferred stock of the Fund ranking on a parity with such series of preferred stock as
to the payment of distributions, any distributions being paid on the preferred stock will be paid