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

Core Viewpoint - The Gabelli Multimedia Trust Inc. has approved the continuation of its fixed monthly cash distribution policy, with specific amounts declared for the last quarter of 2025 [1][2]. Distribution Details - The cash distributions for October, November, and December 2025 are set at $0.07, $0.07, and $0.08 per share, respectively, totaling $0.22 per share for the quarter [2]. - The distribution schedule includes record dates and payable dates for each month, with October 17, November 13, and December 12 as record dates, and corresponding payable dates on October 24, November 20, and December 19 [2]. Distribution Policy Changes - The Fund previously operated under a "managed distribution policy" but will no longer rely on this exemptive relief for its monthly distributions [3]. - The Fund intends to distribute all or a portion of its taxable income and may also make annual distributions of realized net long-term capital gains [4]. Financial Information - In 2025, all distributions to common shareholders are deemed to be 100% from paid-in capital on a book basis, although this does not reflect tax reporting information [5]. - Shareholders will receive notifications regarding the components and tax treatment of distributions in early 2026 via Form 1099-DIV [5]. Company Overview - The Gabelli Multimedia Trust Inc. is a non-diversified, closed-end management investment company with total net assets of $208 million, focusing on long-term capital growth [6].