Company: GGT-PG
Filing Date: 2025-04-17
Form Type: 424B2
Source: 0001999371-25-004396
Chunk: 9

Company: GABELLI MULTIMEDIA TRUST INC.
Filing Date: 2025-04-17
Form: 424B2
Chunk 9
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 information regarding the Fund’s
outstanding securities is as of April 15, 2025.

| Title of Class                              |     |      Amount 
  Authorized |     | Amount Held     
 by Fund or      
 for its Account |     |       Amount 
  Outstanding 
 Exclusive of 
  Amount Held 
      by Fund |
| Common Stock                                |     | 187,999,000 |     | –               |     |   33,473,461 |
| 5.125% Series E Cumulative Preferred Shares |     |   4,500,000 |     | –               |     |    1,600,635 |
| 5.125% Series G Cumulative Preferred Shares |     |   4,500,000 |     |                 |     |    1,257,165 |
| Other Series of Preferred Shares            |     |           – |     | –               |     |            – |

| S-5 |

RISK FACTORS AND SPECIAL CONSIDERATIONS

Investing in our common stock
involves risk, including the risk that you may receive little or no return on your investment or even that you may lose part or all of
your investment. Therefore, before investing in our common stock you should consider carefully the risk factors described in the accompanying
prospectus in addition to the risk factors described in this prospectus supplement.

Purchase at a Premium to Net Asset Value

Shares of our common stock have in recent
times traded at a premium to net asset value per share which may not be sustainable. If our common stock is trading at a premium to net
asset value at the time you purchase shares, you will experience an immediate reduction in the intrinsic value of the shares you purchase
in comparison with the market price of the shares. Please see “Price Range of Common Stock” on page S-4 for further information
about our historical common stock prices and premium or discount to net asset value.

| S-6 |

<div align='center'>RECENT DEVELOPMENTS</div>

Dividends and Distributions

Effective as of April 2025, the
Board of Directors of the Fund (the “Board”) determined to begin monthly distributions to the common stockholders of the Fund.

The Fund has declared a
$0.14 per share cash distribution (covering the months of April and May) payable on May 22, 2025 to holders of record of our common
stock on May 15, 2025, and a