Company: GLU-PB
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001133228-25-002915
Chunk: 4

Company: GABELLI GLOBAL UTILITY & INCOME TRUST
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 4
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 will vote those proxies which they are entitled to vote “FOR”
any proposal in favor of such adjournment and will vote those proxies required to be voted “AGAINST” any proposal
against any such adjournment. Absent the establishment of a subsequent record date and the giving of notice to the holders of record

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thereon, the
adjourned meeting must take place not more than 130 days after the record date. At such adjourned meeting, any business may be transacted
which might have been transacted at the original Meeting. The Fund may postpone or cancel a meeting of shareholders, and if it does the
Fund will make a public announcement of such postponement or cancellation prior to the meeting. The postponed meeting may not be held
more than 130 days after the initial record date.

The close of business on March 13, 2025, has
been fixed as the record date for the determination of shareholders entitled to notice of
and to vote at the Meeting and all adjournments or postponements thereof.

The
Fund has two classes of shares of beneficial interest outstanding: common shares, par value $0.001 per share (“Common Shares”),
and preferred shares consisting of (i) Series A Cumulative Puttable and Callable Preferred Shares (“Series A Preferred”)
and (ii) Series B Cumulative Puttable and Callable Preferred Shares (“Series B Preferred”), each having a par
value $0.001 per share (together, “Preferred Shares”). The holders of the Common Shares and Preferred Shares
are each entitled to one vote on each matter to properly come before the Meeting for each full share held. See “Additional
Information—Delaware Statutory Trust Act—Control Share Acquisitions” for a discussion of the ability of holders
of Common Shares and Preferred Shares that are “control shares” to vote such shares. On the record date, there
were 5,978,272 Common Shares and 18,314 shares of Series A Preferred, and 505,014 shares of Series B Preferred outstanding.

Set forth below
is information as to those shareholders to the Fund’s knowledge that beneficially own 5% or more of a class of the
Fund’s outstanding voting securities as of the record date.

| Name                               
 and Address of Beneficial Owner(s) |     | Title    
 of Class |     | Amount        
 of Shares and 
 Nature        
 of Ownership  |     | Percent  
 of Class |
| GAMCO Investors,                   
 Inc.