Company: GDV-PK
Filing Date: 2025-03-10
Form Type: N-CSR
Source: 0001829126-25-001652
Chunk: 69

Company: GABELLI DIVIDEND & INCOME TRUST
Filing Date: 2025-03-10
Form: N-CSR
Chunk 69
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 As a result, financial markets in the EU have been subject to increased volatility and declines in asset values and liquidity. Responses 
 to these financial problems by European governments, central banks, and others, including austerity measures and reforms, may not        
 work, may result in social unrest, and may limit future growth and economic recovery or have other unintended consequences. Further      
 defaults or restructurings by governments and others of their debt could have additional adverse effects on economies, financial         
 markets, and asset valuations around the world. Greece, Ireland, and Portugal have already received one or more “bailouts”               
 from other Eurozone member states, and it is unclear how much additional funding they will require or if additional Eurozone member      
 states will require bailouts in the future. One or more other countries may also abandon the euro and/or withdraw from the EU, placing   
 its currency and banking system in jeopardy. The impact of these actions, especially if they occur in a disorderly fashion, is not       
 clear, but could be significant and far-reaching.                                                                                        |

69

The Gabelli Dividend & Income Trust

Additional Fund Information (Continued) (Unaudited)

the Fund’s investments that are economically tied to the United Kingdom or the EU, and could have an adverse impact on the Fund’s performance.

| ● | Russia.                                                                                                                               
 As a result of Russia’s military invasion of Ukraine in February 2022, the United States and other countries imposed                  
 broad-reaching political and economic sanctions on Russia, certain Russian allies believed to be providing them military or financial 
 support, on private and public companies domiciled in Russia, including public issuers and banking and financial institutions, and    
 on a variety of individuals. These sanctions, combined with equivalent measures taken by foreign businesses ceasing operations in     
 Russia, continue to adversely impact global financial markets, disrupt global supply chains, and impair the value and liquidity of    
 issuers and funds that continue to maintain exposure to Russia and its allies, Russian investments, and sectors that can be impacted  
 by restrictions on Russian imports and exports, such as the oil and gas industry.                                                     |

It is not possible to predict the duration or extent of longer-term consequences of this conflict, which could include further sanctions, retaliatory measures taken by Russia, embargoes, regional instability, geopolitical shifts and adverse effects on macroeconomic conditions, security conditions, currency exchange rates, and financial markets around the globe. Any of the foregoing consequences, including those we cannot yet predict, may negatively impact the Fund’s