Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions NAV Total Return of 33% Year to Date

Core Viewpoint - The Gabelli Multimedia Trust Inc. has approved the continuation of its fixed monthly cash distribution policy, reflecting a strong year-to-date NAV total return of 33% [1]. Distribution Policy - The Fund will maintain a monthly distribution of $0.22 per share, with $0.07 distributed in the first two months and $0.08 in the third month of each quarter [2][3]. - The distribution schedule for the first quarter of 2026 includes payments of $0.07 for January and February, and $0.08 for March [3]. Historical Context - The Fund previously operated under a "managed distribution policy" allowing for more frequent distributions of long-term capital gains, but will no longer rely on this exemptive relief [3]. Income Distribution - The Fund intends to distribute all or a portion of its taxable income to common shareholders, including ordinary income and realized net short-term capital gains, and may also distribute realized net long-term capital gains annually [4]. - Distributions may include a return of capital, and the Fund may adjust distributions to maintain stability based on market conditions and performance [4]. Financial Reporting - In 2025, all distributions to common shareholders are deemed to be 100% from paid-in capital on a book basis, with final determinations made after year-end [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 $218 million, focusing on long-term capital growth [6].