We are live on ! Find out more

Gabelli Multimedia Trust

GGT

Market cap $172M

3.48 USD

-0.07

1.97%

At close Updated Oct 29, 4:00 PM EDT

Pre-market

After hours

3.54

+0.06

1.72%

1 day

-1.97%

5 days

3.88%

1 month

-12.56%

3 months

-13.22%

6 months

-15.33%

Year to date

-17.14%

1 year

-13.65%

5 years

-61.38%

10 years

-53.04%

About: Gabelli Multimedia Trust Inc is a non-diversified closed-end management investment company. Its investment objective is the long-term growth of capital with income as a secondary objective. The fund invests majority of its assets, under normal market conditions, in common stock and other securities, including convertible securities, preferred stock, options, and warrants of companies in the telecommunications, media, publishing, and entertainment industries.

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 66.7%

Neutral 33.3%

Negative 0%

Arbitrage Opportunity In CEF Preferred Shares: GGT Preferreds Lag Behind The Market

Gabelli Multimedia Trust preferreds, GGT.PR.E and GGT.PR.G, lag recent fixed-income recoveries, creating a temporary price divergence versus benchmarks TLT and VCLT. Both GGT preferreds benefit from robust 1940 Act regulatory protection, mandating 200% asset coverage, even under severe asset declines. GGT.PR.E and GGT.PR.G currently offers lower yields than peer CEF preferreds, despite their recent price weakness and slight recovery.

Arbitrage Opportunity In CEF Preferred Shares: GGT Preferreds Lag Behind The Market

GGT: Collect 20% Yield From Communications, Multimedia, Sports, And Entertainment

Gabelli Multimedia Trust Inc. offers a compelling 20% yield, steady NAV, and monthly distributions, making it attractive for income-focused portfolios. GGT trades at a 10% premium, but the DRIP feature provides up to a 5% reinvestment discount, enhancing compounding potential. The fund's diversified holdings in sports, entertainment, and communications have driven strong recent returns, with a 23% one-year total return.

GGT: Collect 20% Yield From Communications, Multimedia, Sports, And Entertainment

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution

RYE, N.Y., Aug. 12, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The 2026 annual distribution of $0.88 per share currently equates to a 21% “cash on cash” distribution.

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution

GGT Is Overvalued: Preferreds Offer Better Risk-Adjusted Entry

Gabelli Multi-Media Trust common stock's 19.95% yield is misleading, with most distributions being return of capital and a persistent premium to NAV. GGT's five-year NAV total return is a modest 3.72%, underperforming peers and failing to capture broader market gains. GGT preferreds offer ~6.3% yield, trade below par, have A credit ratings, and are structurally superior for conservative investors.

GGT Is Overvalued: Preferreds Offer Better Risk-Adjusted Entry

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions

RYE, N.Y., May 13, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The 2026 annual distribution of $0.88 per share currently equates to a 21% “cash on cash” distribution.

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions

GGT: Collect A 20% Dividend Yield From The Telecommunication Sector

Gabelli Multimedia Trust offers a 20.5% yield, prioritizing high income via monthly distributions, but relies heavily on net realized gains for sustainability. GGT currently trades at a 10.48% premium to NAV, well below its five-year average, presenting a favorable accumulation window ahead of potential interest rate cuts. The fund's aggressive 32.72% leverage and concentration in communications introduce significant downside risk during market downturns and high-rate environments.

GGT: Collect A 20% Dividend Yield From The Telecommunication Sector

24/7 Wall Street

Two Closed End Funds Have Yields Over 20%, But Only One Is Actually Safe To Own Right Now

A 40% yield sounds like a gift. A 20% yield sounds almost as good.

Two Closed End Funds Have Yields Over 20%, But Only One Is Actually Safe To Own Right Now

24/7 Wall Street

The S&P 500 Dropped 2.5% and These 2 Closed-End Funds Held Their Ground

The S&P 500 has dropped roughly 2.5% over the past month, with the VIX fear gauge sitting at 27.29 as of mid-March, reflecting the kind of elevated uncertainty that rattles growth-heavy portfolios.

The S&P 500 Dropped 2.5% and These 2 Closed-End Funds Held Their Ground

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions NAV Total Return of 38% In 2025

RYE, N.Y, Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions, reflective of the strength of the Fund's NAV total return of 38% in 2025. The 2026 annual distribution of $0.88 per share currently equates to a 21% “cash on cash” distribution.

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions NAV Total Return of 38% In 2025

Gabelli MultiMedia Trust: Two 6% Preferred Stocks To Lower The Credit Risk Of Your Portfolio

The Gabelli Multimedia Trust Inc. (GGT) preferreds (GGT.PR.E, GGT.PR.G) offer over 6% current yield and trade below par. Both preferreds carry an A3 Moody's rating, low leverage (32%), and strong asset coverage under the 1940 Act. GGT.PR.E and GGT.PR.G pay qualified dividends and are backed by a diversified portfolio of 231 holdings.

Gabelli MultiMedia Trust: Two 6% Preferred Stocks To Lower The Credit Risk Of Your Portfolio

See News Rankings

Price charts implemented using Lightweight Charts™