Gabelli Dividend & Income Trust Commences Exchange Offer for Auction Rate Preferred Shares

RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV) (the “Fund”) authorized an exchange offer (the “Offer”) for its Series B Auction Market Preferred Shares, Series C Auction Market Preferred Shares, and Series E Auction Rate Preferred Shares (the “Auction Rate Preferred Shares”).