Company: GGT-PG
Filing Date: 2025-04-17
Form Type: 424B2
Source: 0001999371-25-004396
Chunk: 10

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-04-17
Form: 424B2
Chunk 10
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 $0.08 per share cash distribution payable on June 23, 2025 to holders of record of our common stock on
June 13, 2025. The distributions reflect an annualized distribution of $0.88 per share.

The Fund previously paid quarterly
distributions in accordance with a "managed distribution policy" adopted pursuant to an exemptive order granted to the Fund
by the SEC, which permitted the Fund to distribute long-term capital gains more frequently than the limits
provided in the 1940 Act and the rules and regulations thereunder. The Fund no longer intends to rely on this exemptive relief to maintain
a managed distribution policy in connection with its monthly distributions.

The Fund currently intends to
make monthly cash distributions of all or a portion of its investment company taxable income (which includes ordinary income and realized
net short term capital gains) to common stockholders. The Fund also intends to make annual distributions of its realized net long term
capital gains, if any. The Fund, however, may make more than one capital gain distribution to avoid paying U.S. federal excise tax. A
portion of each distribution may be a return of capital. Various factors will affect the level of the Fund's income. To permit the Fund
to maintain more stable distributions, the Fund may from time to time distribute more or less than the entire amount of income earned
in a particular period. The Fund's distribution policy may be modified from time to time by the Board as it deems appropriate, including
in light of market and economic conditions and the Fund's current, expected and historical earnings and investment performance. Because
the Fund's monthly distributions are subject to modification by the Board at any time and the Fund's income will fluctuate, there can
be no assurance that the Fund will pay distributions at a particular rate or frequency.

If the Fund does not
generate sufficient earnings (dividends and interest income, less expenses, and net realized capital gain) equal to or in excess of
the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund's earnings would be
deemed a return of capital. Since this would be considered a return of a portion of a stockholder's original investment, it is
generally not taxable and would be treated as a reduction in the stockholder's cost basis. Stockholders who receive the payment of a
distribution consisting of a return of capital may be under the impression that they are receiving net profits when they are not.