Company: GLU-PB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001133228-25-002915
Chunk: 3

Company: GABELLI GLOBAL UTILITY & INCOME TRUST
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 3
---
 person. In addition, the Fund has retained Morrow Sodali LLC to assist
in the solicitation of proxies for an estimated fee of $1,050 plus reimbursement of expenses. The Fund will pay the costs of the proxy
solicitation and the expenses incurred in connection with preparing, printing, and mailing the Notice of Internet Availability of Proxy
Materials and/or Proxy Statement and its enclosures. If requested, the Fund will also reimburse brokerage firms and others for their
expenses in forwarding solicitation materials to the beneficial owners of its shares.

The
Fund’s most recent annual report, including audited financial statements for the fiscal year ended December 31, 2024 is available
upon request, without charge, by writing to the Secretary of the Fund, One Corporate Center, Rye, New York 10580-1422, calling the Fund
at 800-422-3554, or via the Internet at www.gabelli.com.

If
the proxy is properly executed and returned in time to be voted at the Meeting, the shares represented thereby will be voted “FOR”
the election of the nominees as Trustees as described in this Proxy Statement, unless instructions to the contrary are marked thereon,
and at the discretion of the proxy holders as to the transaction of any other business that may properly come before the Meeting. Any
shareholder who has submitted a proxy has the right to revoke it at any time prior to its exercise either by attending the Meeting and
voting his or her shares or by submitting a letter of revocation or a later dated proxy to the Fund at the above address prior to the
date of the Meeting.

A
“quorum” is required in order to transact business at the Meeting. A quorum of shareholders is constituted
by the presence or representation by proxy of the holders of one-third of the outstanding shares of the Fund entitled to vote at the
Meeting. In the event a quorum is not present at the Meeting, or in the event that a quorum is present at the Meeting but sufficient
votes to approve any of the proposed items are not received, the chairperson of the Meeting may propose one or more adjournments of such
Meeting to permit further solicitation of proxies. If a quorum is present, a shareholder vote may be taken on one or more of the proposals
in this Proxy Statement prior to such adjournment if sufficient votes have been received for approval and it is otherwise appropriate.
If a quorum is present, the persons named as proxies