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The Gabelli Multimedia Trust Inc. (GGT-PG)

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22.85

-0.12

(-0.51%)

At close: February 21 at 3:59:38 PM EST

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.22 Per Share

RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on March 24, 2025 to common stock shareholders of record on March 17, 2025. The Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distributio

GlobeNewswire 10 days ago

GGT

GGT-PG
-0.51%
GGT-RT
UPDATE - United Kingdom Investment Trusts

GREENWICH, Conn., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Closed-End – David Schachter, Senior Vice President of Gabelli Funds, will travel to the United Kingdom to visit selected investment trusts. With over 40 years of experience exclusively with retail, long term, closed-end fund investors, Mr. Schachter, a most senior and experienced veteran of the U.S. Closed-End Fund industry, is also Vice President of The GAMCO Natural Resources, Gold & Income Trust (GNT), which trades on the NYSE. During the 1

GlobeNewswire 25 days ago

GNT

GRX

GAMI
Discount Doctor to Visit United Kingdom in Support of Investment Trusts

RYE, N.Y., Jan. 28, 2025 (GLOBE NEWSWIRE) -- David Schachter, Senior Vice President of GAMCO Investors, Inc., will visit the United Kingdom to convey support for the British investment trust industry. With over 40 years of experience exclusively with retail, long term, closed-end fund investors, Mr. Schachter, a most senior and experienced veteran of the U.S. Closed End Fund industry, was recently given the title of Discount Doctor by the Trustees of The GAMCO Natural Resources, Gold & Income Tr

GlobeNewswire 26 days ago

GCV

GDL

GDL-PC
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.22 Per Share

RYE, N.Y., Nov. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on December 20, 2024 to common stock shareholders of record on December 13, 2024. With this fourth quarter distribution, the total distributions from the Fund for 2024 would equate to $0.88 per share. The Fund intends to pay a minimum annual distribution of 10%

GlobeNewswire 3 months ago

GGT

GGT-PG
-0.51%
GGT-RT
SIT Investment Associates Inc's Strategic Acquisition in Gabelli Multimedia Trust Inc

On July 26, 2024, SIT Investment Associates Inc made a significant addition to its portfolio by acquiring 1,982,368 shares of Gabelli Multimedia Trust Inc (NYSE:GGT). The trade had a 0.22% impact on the firm's portfolio, increasing its total holdings in GGT to the same number of shares, which now constitute 0.23% of its portfolio and 5.98% of GGT's outstanding shares. The firm's portfolio is heavily skewed towards the financial services and technology sectors, reflecting a strategic focus on high-growth areas.

GuruFocus.com 4 months ago

GGT
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.22 Per Share

RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on September 23, 2024 to common stock shareholders of record on September 16, 2024. We note that the minimum annual distribution of 10% of the average net asset value of the Fund is based on the ending net asset values per share as of December 31, 2023, March 3

GlobeNewswire 5 months ago

GGT

GGT-PG
-0.51%
GGT-RT
Gabelli Multimedia Trust Rights Offering Concludes Raising $24 Million

RYE, N.Y., July 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) announces the completion of its transferable rights offering (the “Offering” or “Offer”). Preliminary results indicate that the Fund will issue approximately 4.8 million shares of common stock, resulting in gross proceeds to the Fund of approximately $24 million (including over-subscription requests and notices of guaranteed delivery). Pursuant to the Offer, the Fund i

GlobeNewswire 6 months ago

GAMI

GGT

GGT-PG
-0.51%
Gabelli Multimedia Trust Alerts Common Stock Shareholders to Rights Offering Expiration Date of July 22, 2024

RYE, N.Y., July 15, 2024 (GLOBE NEWSWIRE) -- The Gabelli Multimedia Trust’s (NYSE: GGT) (the “Fund”) transferrable rights offering to acquire additional shares of common stock expires at 5:00 PM Eastern Time on July 22, 2024, unless extended. The Fund encourages shareholders to take action this week. SUMMARY OF THE TERMS OF THE OFFERING Each shareholder received one transferable right (the “Right”) for each share of common stock held on the record date (June 28, 2024).Four Rights plus $5.00 (the

GlobeNewswire 7 months ago

GGT

GGT-PG
-0.51%
GGT-RT
Gabelli Multimedia Trust Announces Rights Offering for Shares of Common Stock Record Date and Summary of Terms

RYE, N.Y., June 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE: GGT) (the “Fund”) has approved a transferable rights offering which would allow the Fund’s record date common shareholders to acquire additional shares of common stock (the “Offering”). The Offering will be made only by means of a prospectus supplement and accompanying prospectus, and this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any of t

GlobeNewswire 8 months ago

GAMI

GGT

GGT-PG
-0.51%
Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.22 Per Share

RYE, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) reaffirmed and satisfied its 10% distribution policy by declaring a $0.22 per share cash distribution payable on June 21, 2024 to common stock shareholders of record on June 13, 2024. Additionally, the Board of Directors continues to evaluate potential strategic opportunities for the Fund in what we believe to be an attractive environment to invest in the broader equity

GlobeNewswire 9 months ago

GGT

GGT-PG
-0.51%
GAMI
Gabelli Multimedia Trust Appoints Susan Watson Laughlin to the Board of Trustees

RYE, N.Y., March 25, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (the “Board”) (NYSE: GGT) (the “Fund”) announced the appointment of Susan Watson Laughlin to the Board of the Fund effective February 13, 2024. Ms. Watson Laughlin brings to the Board an extensive career in investor relations with such notable firms as MCI, Interpublic Group, Pepsico, Nielsen Media Research, Gannett and Metromedia. Most recently, she served in the Board of Directors Practice

GlobeNewswire 10 months ago

GGT

GGT-PG
-0.51%
GAMI

Performance Overview

Return	GGT-PG	S&P 500
YTD	-1.34%	+2.24%
1-Year	+6.08%	+20.70%
3-Year	+2.61%	+38.27%

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The Gabelli Multimedia Trust Inc. (GGT-PG)

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.22 Per Share

UPDATE - United Kingdom Investment Trusts

Discount Doctor to Visit United Kingdom in Support of Investment Trusts

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.22 Per Share

SIT Investment Associates Inc's Strategic Acquisition in Gabelli Multimedia Trust Inc

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.22 Per Share

Gabelli Multimedia Trust Rights Offering Concludes Raising $24 Million

Gabelli Multimedia Trust Alerts Common Stock Shareholders to Rights Offering Expiration Date of July 22, 2024

Gabelli Multimedia Trust Announces Rights Offering for Shares of Common Stock Record Date and Summary of Terms

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.22 Per Share

Gabelli Multimedia Trust Appoints Susan Watson Laughlin to the Board of Trustees

Performance Overview