Company: GGT-PG
Filing Date: 2025-04-17
Form Type: 424B2
Source: 0001999371-25-004396
Chunk: 41

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-04-17
Form: 424B2
Chunk 41
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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 as nearly pro rataas
possible in proportion to the respective amounts of distributions accumulated but unmade on each such series of preferred stock
on the relevant dividend payment date. The Fund’s obligation to make distributions on the preferred stock will be subordinate
to its obligations to pay interest and principal, when due, on any senior securities representing debt.

Mandatory Redemption Relating to Asset Coverage Requirements. The Fund may, at its option, consistent with the Governing Documents and the 1940
Act, and in certain circumstances will be required to, mandatorily redeem preferred stock in the event that:

| ● | the Fund fails to maintain the asset coverage requirements specified under the 1940 Act on a quarterly valuation date and such failure is not cured on or before a specified period of time, following such failure; or |

| ● | the Fund fails to maintain the asset coverage requirements as calculated in accordance with any applicable rating agency guidelines as of any monthly valuation date, and such failure is not cured on or before a specified period of time after such valuation date. |

The redemption price
for preferred stock subject to mandatory redemption will generally be the liquidation preference, as stated in the Articles Supplementary
of each existing series of preferred stock or the Prospectus Supplement accompanying the issuance of any series of preferred stock,
plus an amount equal to any accumulated but unpaid distributions (whether or not earned or declared) to the date fixed for redemption,
plus any applicable redemption premium determined by the Board and included in the Articles Supplementary.

The number of preferred
stock that will be redeemed in the case of a mandatory redemption will equal the minimum number of outstanding preferred stock,
the redemption of which