# EDGAR Filing Document

**Accession Number:** 0001260729
**File Stem:** 0001829126-26-003804
**Filing Date:** 2026-4
**Character Count:** 5771
**Document Hash:** 126c071c258abbd60adc4b5b7e44d9d6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001829126-26-003804.hdr.sgml**: 20260423

**ACCESSION NUMBER**: 0001829126-26-003804

**CONFORMED SUBMISSION TYPE**: DEFA14A

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20260423

**DATE AS OF CHANGE**: 20260423

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GABELLI DIVIDEND & INCOME TRUST
- **CENTRAL INDEX KEY:** 0001260729

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** DEFA14A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-21423
- **FILM NUMBER:** 26888657

**BUSINESS ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** (914) 921-5070

**MAIL ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

**UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION<br>Washington, D.C. 20549**

**SCHEDULE 14A**

**Proxy Statement Pursuant to Section 14(a) of the<br>Securities Exchange Act of 1934**

Filed by the Registrant ☒

Filed by a Party other than the Registrant ☐

Check the appropriate box:

☐ Preliminary Proxy Statement

☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

☐ Definitive Proxy Statement

☒ Definitive Additional Materials

☐ Soliciting Material Pursuant to §240.14a-12

**GABELLI DIVIDEND & INCOME TRUST**

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if Other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

☒ No fee required.

☐ Fee paid <u>previously</u> with preliminary materials.

☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(4) and 0-11.

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| | | |
|:---|:---|:---|
| ![](img_001.jpg) | THE GABELLI DIVIDEND & INCOME TRUST | THE GABELLI DIVIDEND & INCOME TRUST |
| ![](img_001.jpg) |  | One Corporate Center<br> Rye, NY 10580-1422<br> t 914.921.5070<br> GABELLI.COM |

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***Gabelli and Your Board of Trustees are working for you!***

**<u>WHAT ARE THE BENEFITS OF OWNING (Y)OUR FUND?</u>**

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|:---|:---|
| ⮚ | (Y)our Fund's investor total return was 22.71% and NAV total return was 17.89% in 2025. |

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![](img_002.jpg)

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|:---|:---|
| ⮚ | Over the past 27 months (y)our Fund discount **narrowed** from 16% to 10%. |

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![](img_003.jpg)

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|:---|:---|
| ⮚ | Your Fund's dedicated investment team includes Mario J. Gabelli, Christopher J. Marangi, Kevin V. Dreyer and Howard F. Ward as Portfolio Managers, supported by an extended portfolio management team providing additional research, analysis, and investment oversight. |

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⮚ The Fund's Board is highly qualified, actively engaged and acts in the best interests of ALL shareholders to maximize shareholder value.

GDV03

**<u>Cashflow to shareholders</u>**

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|:---|:---|
| ⮚ | Your Board announced an increased annual distribution of $1.80 per common share, paid monthly starting January 2026, an increase of 36% from the $0.11 monthly distribution rate in 2024. |

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⮚ Disciplined share repurchase program that is accretive to net asset value, with more than 6 million shares repurchased since the Fund's inception.

**TRUST YOUR FUND BOARD!**

**DO <u>NOT</u> TRUST BOAZ WEINSTEIN, STOP SABA CAPITAL MANAGEMENT!**

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| | |
|:---|:---|
| ⮚ | Mr. Weinstein, Saba's Founder and Chief Investment Officer, and Saba Capital are in the business of targeting closed-end funds, often seeking short-term gains at the expense of long-term shareholders. |

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|:---|:---|
| ⮚ | You may have received solicitation materials from Saba, seeking to influence the composition of the Fund's Board by proposing an individual for election as a trustee. The Board evaluated Saba's nominee in good faith and concluded that Saba's nominee does not bring the same experience and independence to the Fund, its strategy, its service providers or U.S. investment company governance as the Board's nominees and may be more focused on advancing Saba's own objectives. |

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|:---|:---|
| ⮚ | We believe Mr. Weinstein and Saba are value extractors — unlike most of the shareholders of the Fund, who are **long-term investors**. |

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|:---|:---|
| ⮚ | **Mr. Weinstein's commitment is not to you**, but to the investors of the hedge funds he controls. |

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|:---|:---|
| ⮚ | Congress' anti-pyramiding law provides that any "investment company", **such as a hedge fund, may not own more than 3% of the outstanding shares of a closed-end fund**. Despite this rule, Saba accumulated over 5% of the Fund by spreading its ownership across several affiliated funds, thereby avoiding the statutory limit. |

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**HOW DO YOU PROTECT YOUR INVESTMENT IN THE FUND?**

**Regardless of how many shares you own, your vote is very important.** Please sign, date and mail only the <u>WHITE</u> proxy cards you receive.

**Please vote each *<u>WHITE</u>* proxy card you receive since each account must be voted separately.** Only your latest dated proxy counts. We urge you *NOT to sign and to <u>discard</u> any Gold proxy card sent to you by Saba.*

**Even if you have sent a Gold proxy card to Saba, you have every right to change your vote.** You may revoke that proxy, and vote as recommended by your Board by signing, dating and mailing the <u>WHITE</u> proxy card in the postage-paid envelope.

**We are available to address any questions on how to vote your shares; please call our proxy solicitation firm, EQ Fund Solutions, at 1 (888) 548-6498**

**TRUST YOUR FUND'S BOARD!**

We thank you for your continued support.

Unanimously, <br>Your Board of Trustees

GDV03