Company: GGT-PG
Filing Date: 2025-03-10
Form Type: N-CSR
Source: 0001829126-25-001664
Chunk: 9

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-03-10
Form: N-CSR
Chunk 9
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 |  57.92 |    |     | $    |  56.30 |    |     | $    |  81.61 |    |     | $    |  76.48 |    |
| Asset Coverage (k)                        |     |                         |    261 | % |     |      |    232 | %  |     |      |    225 | %  |     |      |    326 | %  |     |      |    306 | %  |

| † | Based on net asset value per share, adjusted for reinvestment of distributions at the net asset value per share on the ex-dividend dates. |

| †† | Based on market value per share, adjusted for reinvestment of distributions at prices determined under the Fund’s dividend reinvestment plan and adjustments for the rights offering. |

| (a) | Calculated based on average common shares outstanding on the record dates throughout the years. |

| (b) | Amount represents less than $0.005 per share. |

| (g) | Actual number of shares outstanding is 10. |

| (h) | Since February 2008, the weekly auctions have failed. Holders that have submitted orders have not been able to sell any or all of their shares in the auctions. |

| (i) | Asset coverage per share is calculated by combining all series of preferred stock. |

| (j) | Based on weekly prices. |

| (k) | Asset coverage is calculated by combining all series of preferred stock. |

<div align='center'>See accompanying notes to financial statements.

14</div>

The Gabelli Multimedia Trust Inc.

Notes to Financial Statements

1. Organization.The Gabelli Multimedia Trust Inc. (the Fund) was incorporated on March 31, 1994 in Maryland. Although the Fund is registered as a non-diversified fund, it has operated as a diversified fund for over three years. Therefore, the Investment Company Act of 1940, as amended (the 1940 Act) obliges the Fund to continue to operate as a diversified fund unless the Fund obtains shareholder approval to operate as a non-diversified fund. The Fund commenced investment operations on November 15, 1994.

The Fund’s investment objective is long term growth of capital. The Fund will invest at least 80% of its assets, under normal market conditions, in common stock and other securities, including convertible securities, preferred stock, options, and