GGT

Gabelli Multimedia Trust

GGT

Market cap $156M

Overview Fund Activity

4.35 USD

0.00

0%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

4.30

-0.05

1.15%

1 day

0%

5 days

1.16%

1 month

2.35%

3 months

6.88%

6 months

-10.31%

Year to date

-3.12%

1 year

-14.71%

5 years

-38.3%

10 years

-43.29%

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

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

83% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 6

0.27% less ownership

Funds ownership: 15.29% [Q1] → 15.02% (-0.27%) [Q2]

12% less capital invested

Capital invested by funds: $23.6M [Q1] → $20.7M (-$2.92M) [Q2]

13% less funds holding

Funds holding: 45 [Q1] → 39 (-6) [Q2]

33% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 12

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Financial journalist opinion

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

RYE, N.Y., Aug. 21, 2025 (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 Board of Directors declared cash distributions as set forth below for each of October, November, and December 2025.

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

Closed-End Funds: Screening For Potential Opportunities To Kick Off H2 2025

We closed out the first half of 2025, making it an appropriate time to give the overall CEF space a fresh look for potential opportunities. As the broader equity indexes have been performing quite well, discounts in the CEF space have narrowed overall. The best relative value more broadly is in the municipal bond space and the "hybrid" funds.

Closed-End Funds: Screening For Potential Opportunities To Kick Off H2 2025

Second Anniversary Of My 'Sell GGT, Buy NBXG' Call

Any investor who thinks CEF valuations don't matter and that a fund's yield is what's most important probably doesn't understand how distributions in CEFs work. When you see articles that promote uber high yields in funds, i.e. 12% to 50% even, know that the price of the fund is first reduced by the distribution amount. That's true for stocks, ETFs and even mutual funds. So until the dividend or distribution is made up, the yield you think you're getting is actually awash.

Second Anniversary Of My 'Sell GGT, Buy NBXG' Call

CORRECTION -- Gabelli Multimedia Trust Reinforces Maintenance of $0.88 per Share Annual Distribution Continues Monthly Distributions

RYE, N.Y., May 15, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline on May 14, 2025 by The Gabelli Multimedia Trust Inc. (NYSE:GGT) please note that in the table, the September Payable Date should be September 23, 2025, not September 16, 2025, as previously stated. The corrected release follows:

CORRECTION -- Gabelli Multimedia Trust Reinforces Maintenance of $0.88 per Share Annual Distribution Continues Monthly Distributions

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

RYE, N.Y., May 14, 2025 (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 Board of Directors declared cash distributions as set forth below for each of July, August, and September 2025.

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

Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)

10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.

Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025)

Gabelli Multimedia Trust Board Approves at the Market Common Stock Offerings With Prices Trading Above NAV

RYE, N.Y., April 09, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) has authorized the Fund to conduct offerings of common stock in “at the market” transactions (“ATM offering”),at prices above the net asset value, which would be accretive to the common shares.

Gabelli Multimedia Trust Board Approves at the Market Common Stock Offerings With Prices Trading Above NAV

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Will Commence Monthly Distributions in May 2025

RYE, N.Y., April 09, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE: GGT) (the “Fund”) has determined to begin monthly distributions to the common stock shareholders of the Fund. These distributions will provide cash flow to common stock shareholders each month.

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Will Commence Monthly Distributions in May 2025

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.

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

Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025

The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.

Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025

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