GlobeNewswire·Nov 11, 2026, 2:03 PM ET

Gabelli Multimedia Trust Continues Monthly Distributions; Declares Monthly Distributions Totaling $0.22 per Share

The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) approved the continuation of its fixed monthly cash distribution policy.
The 2026 annual distribution is $0.88 per share, equating to a 25% cash on cash distribution.
Under the monthly policy, the Fund pays $0.07 per share in the first two months of each quarter & $0.08 per share in the third month.
The Board declared cash distributions for January, February, & March 2027 totaling $0.22 per share.
The Fund intends to distribute all or a portion of its taxable income monthly & realized net long-term capital gains annually.
The Fund may make multiple capital gain distributions to avoid U.S. federal excise tax & may distribute more or less than earned income to maintain stability.
The Board reserves the right to modify the distribution policy based on market conditions & investment performance.
Accounting records indicate 2026 distributions are 100% from paid-in capital on a book basis, though final tax treatment will be determined after year-end.
Shareholders will receive Form 1099-DIV in early 2027 regarding the components & tax treatment of 2026 distributions.
The Gabelli Multimedia Trust is a non-diversified, closed-end management investment company with $252 million in total net assets managed by Gabelli Funds, LLC.