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

Core Viewpoint - The Gabelli Multimedia Trust Inc. has approved the continuation of its fixed monthly cash distribution policy, reflecting a strong NAV total return of 38% in 2025, with an annual distribution of $0.88 per share for 2026, equating to a 21% cash on cash distribution [1]. Distribution Policy - The Fund will maintain a monthly distribution of $0.22 per share, with $0.07 distributed in the first two months of each quarter and $0.08 in the third month [2]. - The specific distribution schedule for April, May, and June 2026 includes $0.07 for April and May, and $0.08 for June, with record and payable dates provided [3]. Fund Management and Tax Considerations - The Fund will no longer rely on an exemptive order for a managed distribution policy and intends to distribute all or a portion of its taxable income to common shareholders, along with potential annual distributions of realized net long-term capital gains [4]. - Distributions in 2026 are expected to be 100% from paid-in capital on a book basis, with final determinations made after year-end, and shareholders will receive notifications regarding tax treatment in early 2027 [5]. Fund Overview - The Gabelli Multimedia Trust Inc. is a non-diversified, closed-end management investment company with total net assets of $222 million, focusing on long-term capital growth [6].