GREENWICH, Conn., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 17th Annual Specialty Chemicals Symposium in Midtown Manhattan, New York City on Thursday, March 19, 2026. The event will feature discussions with leading companies and organizations across the specialty chemicals ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Specialty Chemicals investing. Attendees will also have the opportunity to participate in one-on-one meetings with ...

RYE, N.Y., Feb. 18, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Dividend & Income Trust (the “Board”) (NYSE: GDV) (the “Fund”) announced the appointment of Vice Admiral Colin J. Kilrain, USN (Ret.), as a Trustee of the Fund. Colin J. Kilrain is a retired Vice Admiral of the United States Navy who served more than 38 years as a Navy SEAL, leading special operations forces in peace and conflict around the globe. He held senior government roles on the National Security Council and served as S ...

RYE, N.Y., Feb. 18, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Dividend & Income Trust (the “Board”) (NYSE: GDV) (the “Fund”) announced the appointment of Vice Admiral Colin J. Kilrain, USN (Ret.), as a Trustee of the Fund. Colin J. Kilrain is a retired Vice Admiral of the United States Navy who served more than 38 years as a Navy SEAL, leading special operations forces in peace and conflict around the globe. He held senior government roles on the National Security Council and served as S ...

Shareholders Received Total Return of 27.32% in 2025 Reaffirms 10% Distribution Policy of $0.60 Per Share Annually Announces Rights Offering for Common Shares RYE, N.Y., Feb. 17, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Equity Trust (NYSE: GAB) (the “Fund”) reaffirmed the Fund’s distribution policy of paying $0.60 per share annually, and has approved a transferable rights offering which will allow the Fund’s record date common shareholders to acquire additional shares of common stock ( ...

Distribution Announcement - The Gabelli Global Small and Mid Cap Value Trust declared a cash distribution of $0.21 per share, payable on March 24, 2026, which is a 31% increase from the previous distribution of $0.16 per share, raising the annualized distribution rate to $0.84 from $0.64 per share [1] Distribution Policy - The Fund intends to pay quarterly distributions determined by the Board of Trustees, with the possibility of an additional adjusting distribution in December based on excess income and net realized capital gains [2] - The Board of Directors reviews potential distributions each quarter, considering the Fund's net asset value and market conditions, with the distribution policy subject to modification at any time [3] Tax Implications - Portions of the distribution may be treated as long-term capital gain or qualified dividend income, subject to a maximum federal income tax rate of 20% for individuals in taxable accounts, with additional Medicare surcharges applicable for high-income individuals [4] - If the Fund's earnings do not cover the total distributions, the excess amount will be deemed a return of capital, generally not taxable and reducing the shareholder's cost basis [5] Distribution Components - For 2026, the current distribution to common shareholders is estimated to include approximately 33% from net investment income and 67% from net capital gains, with final determinations made after year-end [6] Fund Overview - The Gabelli Global Small and Mid Cap Value Trust is a diversified, closed-end management investment company with total net assets of $181 million, primarily aiming for long-term capital growth by investing at least 80% of its assets in equity securities of small or medium-sized companies [7]

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].

RYE, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) (the “Fund”) declared a $0.19 per share cash distribution payable on March 24, 2026 to common shareholders of record on March 17, 2026. This is a 20% increase from $0.16 per share, bringing the annualized distribution rate to $0.76 from $0.64 per share. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund’s trailing 12-month average month-end mark ...

RYE, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of Bancroft Fund Ltd. (NYSE American: BCV) (the “Fund”) declared a $0.35 per share cash distribution payable on March 24, 2026 to common shareholders of record on March 17, 2026. This is a 10% increase from $0.32 per share, bringing the annualized distribution rate to $1.40 from $1.28 per share. The Fund intends to pay the greater of either an annual distribution of 5% of the Fund’s trailing 12-month average month-end market price or an amou ...

RYE, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) (the “Fund”) approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.06 per share for each of April, May, and June 2026. Based on current dynamics, the Fund may make distributions in excess of the Fund’s earnings. It is currently expected that distributions to common shareholders in 2026 will primarily cons ...

Core Viewpoint - The Gabelli Dividend & Income Trust has approved a continuation of its fixed monthly cash distribution policy, declaring a distribution of $0.15 per share for April, May, and June 2026, while increasing the annual distribution by 7% to $1.80 per share [1][2]. Distribution Details - The distribution schedule is as follows: - April: $0.15 per share, payable on April 23, 2026, with a record date of April 16, 2026 - May: $0.15 per share, payable on May 21, 2026, with a record date of May 14, 2026 - June: $0.15 per share, payable on June 23, 2026, with a record date of June 15, 2026 [2]. Strategic Evaluation - The Board of Trustees is actively evaluating potential strategic opportunities for the Fund, considering the current favorable environment for investing in broader equity markets [2]. Distribution Monitoring - The Board reviews potential distributions quarterly, taking into account the Fund's net asset value and market conditions. An adjusting distribution may be paid in December if necessary to meet minimum distribution requirements [3]. Tax Implications - Distributions may be treated as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for individuals in taxable accounts. Additionally, certain U.S. shareholders may incur a 3.8% Medicare surcharge on net investment income [4]. Return of Capital - If the Fund's earnings do not cover the total distributions in a year, the excess amount distributed will be considered a return of capital, generally not taxable and treated as a reduction in the shareholder's cost basis [5]. Distribution Composition - For 2026, distributions to common shareholders are expected to include approximately 4% from net investment income and 96% from net capital gains, with final determinations made after year-end [6]. Fund Overview - The Gabelli Dividend & Income Trust is a diversified, closed-end management investment company with total net assets of $3.4 billion, focusing on high total return with an emphasis on dividends and income [8].