Company: GDV-PK
Filing Date: 2025-08-08
Form Type: N-14
Source: 0001829126-25-006008
Chunk: 110

Company: GABELLI DIVIDEND & INCOME TRUST
Filing Date: 2025-08-08
Form: N-14
Chunk 110
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31, 2024  |     | $            | 25.59 |     | $   | 23.77 |     | $             | 29.56 |     | $   | 27.40 |     |                 | (13.43 | )% |     |     | (13.25 | )% |
| March 31, 2025     |     | $            | 25.30 |     | $   | 23.47 |     | $             | 29.13 |     | $   | 26.83 |     |                 | (13.15 | )% |     |     | (12.52 | )% |
| June 30, 2025      |     | $            | 26.01 |     | $   | 21.11 |     | $             | 29.23 |     | $   | 24.52 |     |                 | (11.02 | )% |     |     | (13.91 | )% |

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There can be no assurance that Dividend Trust Common Shares will trade in the future at, above or below NAV. The average weekly trading volume of the common shares on the NYSE during the period from January 1, 2024 through December 31, 2024 was 772,980 shares. Dividend Trust Common Shares have traded in the market at both premiums to and discounts from net asset value. Over Dividend Trust’s approximately twenty year history, the common shares have traded at a premium to net asset value as high as 7.2% and a discount as low as (31.7)%. As of July 25, 2025, the closing market price of Dividend Trust was a (10.98)% discount to net asset value.

Preferred Trust

Preferred Trust is an unincorporated statutory trust organized under the laws of Delaware pursuant to a Certificate of Trust dated as of May 12, 2025. Preferred Trust is authorized to issue an unlimited number of common shares of beneficial interest, par value $0.001 per share. All common shares are equal as to distributions, assets and voting privileges and have no conversion, preemptive or other subscription rights. The Fund will send annual and semi-annual reports, including financial statements, to all holders of its shares.

Offerings of shares require approval by the Fund’s Board of Trustees. Any additional offering of common shares