Company: GLU-PB
Filing Date: 2025-03-10
Form Type: N-CSR
Source: 0001829126-25-001658
Chunk: 115

Company: GABELLI GLOBAL UTILITY & INCOME TRUST
Filing Date: 2025-03-10
Form: N-CSR
Chunk 115
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 such interest or dividend payments and other expenses specifically related to leverage. Of course, these numbers are merely estimates, used for illustration. Actual dividend rates, interest or payment rates may vary frequently and may be significantly higher or lower than the rate estimated above. The following table is furnished in response to requirements of the SEC. It is designed to illustrate the effect of leverage on common share total return, assuming investment portfolio total returns (comprised of net investment income of the Fund, realized gains or losses of the Fund and changes in the value of the securities held |

91

The Gabelli Global Utility & Income Trust

Additional Fund Information (Continued) (Unaudited)

in the Fund’s portfolio) of -10%, -5%, 0%, 5% and 10%. These assumed investment portfolio returns are hypothetical figures and are not necessarily indicative of the investment portfolio returns experienced or expected to be experienced by the Fund. The table further reflects leverage representing 22% of the Fund’s net assets (the Fund’s amount of outstanding financial leverage at December 31, 2024), the Fund’s current projected blended annual average leverage dividend or interest rate of 5.16% (the average dividend rate on the Fund’s outstanding financial leverage at December 31, 2024), a base management fee at an annual rate of 0.50% and estimated annual incremental expenses attributable to any outstanding preferred shares of approximately 0.02% of the Fund’s net assets attributable to common shares. These assumed investment portfolio returns are hypothetical figures and are not necessarily indicative of the investment portfolio returns experienced or expected to be experienced by the Fund.

| Assumed Return on Portfolio (Net of Expenses) |     | (10    | )% |     | (5    | )% |     |     0 | %  |     |    5 | % |     |    10 | % |
| Corresponding Return to Common Shareholder    |     | (14.78 | )% |     | (8.30 | )% |     | (1.82 | )% |     | 4.66 | % |     | 11.14 | % |

Common share total return is composed of two elements—the common share distributions paid by the Fund (the amount of which is largely determined by the taxable income of the Fund (including realized gains or losses) after paying interest on any debt and/or dividends on any preferred shares) and unrealized gains or losses on the value of the securities the Fund owns.