Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions
Gabelli Multimedia Trust (NYSE:GGT) has announced the continuation of its fixed monthly cash distribution policy, maintaining its annual distribution rate of $0.88 per share. The Fund's Board of Directors has declared distributions for October ($0.07), November ($0.07), and December 2025 ($0.08).
The Fund will maintain its $0.22 quarterly distribution structure, with $0.07 paid in the first two months and $0.08 in the third month of each quarter. Notably, GGT no longer relies on SEC exemptive relief for its distribution policy and will distribute investment company taxable income monthly, with annual distributions of realized net long-term capital gains.
Based on current accounting records, 100% of 2025 distributions would be considered paid-in capital on a book basis, with final tax determinations to be made after year-end.
Gabelli Multimedia Trust (NYSE:GGT) ha comunicato la prosecuzione della sua politica di distribuzioni in contanti mensili fisse, mantenendo il tasso annuo di distribuzione di $0.88 per azione. Il Consiglio di Amministrazione del Fondo ha dichiarato le distribuzioni per ottobre ($0.07), novembre ($0.07) e dicembre 2025 ($0.08).
Il Fondo continuer脿 con la struttura di distribuzione trimestrale di $0.22, versando $0.07 nei primi due mesi e $0.08 nel terzo mese di ogni trimestre. Da notare che GGT non si avvale pi霉 del sollievo esentante della SEC per la sua politica di distribuzione e distribuir脿 mensilmente il reddito imponibile della societ脿 di investimento, con distribuzioni annuali delle plusvalenze nette a lungo termine realizzate.
Secondo le registrazioni contabili correnti, il 100% delle distribuzioni 2025 sarebbe considerato, su base contabile, come capitale versato, con le determinazioni fiscali definitive che saranno effettuate dopo la chiusura dell'esercizio.
Gabelli Multimedia Trust (NYSE:GGT) ha anunciado la continuaci贸n de su pol铆tica de distribuciones en efectivo fijas mensuales, manteniendo su tasa anual de distribuci贸n de $0.88 por acci贸n. La Junta Directiva del Fondo ha declarado distribuciones para octubre ($0.07), noviembre ($0.07) y diciembre de 2025 ($0.08).
El Fondo mantendr谩 su estructura de distribuci贸n trimestral de $0.22, con $0.07 pagados en los dos primeros meses y $0.08 en el tercer mes de cada trimestre. Cabe destacar que GGT ya no depende del alivio exento de la SEC para su pol铆tica de distribuci贸n y distribuir谩 mensualmente los ingresos gravables de la compa帽铆a de inversi贸n, con distribuciones anuales de ganancias netas de capital a largo plazo realizadas.
Seg煤n los registros contables actuales, el 100% de las distribuciones de 2025 se considerar铆a, a efectos contables, como capital pagado, y las determinaciones fiscales finales se har谩n tras el cierre del ejercicio.
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順� 須岅硠 鞛ル秬 旮办鞙茧電� 2025雲� 氚半嫻鞚� 100%臧� 鞛ル秬靸� 雮╈瀰鞛愲掣(paid-in capital)鞙茧 臧勳＜霅� 瓴冹溂搿� 氤挫澊氅�, 斓滌 靹鸽 韺愳爼鞚� 鞐半 鞚错泟 鞚措（鞏挫雼堧嫟.
Gabelli Multimedia Trust (NYSE:GGT) a annonc茅 la poursuite de sa politique de distributions mensuelles fixes en esp猫ces, en maintenant son taux de distribution annuel de $0.88 par action. Le conseil d'administration du Fonds a d茅clar茅 des distributions pour octobre ($0.07), novembre ($0.07) et d茅cembre 2025 ($0.08).
Le Fonds conservera sa structure de distribution trimestrielle de $0.22, avec $0.07 vers茅s les deux premiers mois et $0.08 le troisi猫me mois de chaque trimestre. Il est 脿 noter que GGT ne d茅pend plus de l'all茅gement exemptif de la SEC pour sa politique de distribution et distribuera mensuellement le revenu imposable de la soci茅t茅 de gestion, avec des distributions annuelles des gains nets en capital 脿 long terme r茅alis茅s.
Selon les registres comptables actuels, 100% des distributions 2025 seraient consid茅r茅es, sur une base comptable, comme du capital vers茅, les d茅terminations fiscales d茅finitives 茅tant effectu茅es apr猫s la cl么ture de l'exercice.
Gabelli Multimedia Trust (NYSE:GGT) hat die Fortf眉hrung seiner festen monatlichen Baraussch眉ttungspolitik angek眉ndigt und bel盲sst die j盲hrliche Aussch眉ttungsrate bei $0.88 je Aktie. Der Vorstand des Fonds hat Aussch眉ttungen f眉r Oktober ($0.07), November ($0.07) und Dezember 2025 ($0.08) erkl盲rt.
Der Fonds wird seine $0.22 viertelj盲hrliche Aussch眉ttungsstruktur beibehalten, wobei in den ersten beiden Monaten $0.07 und im dritten Monat jedes Quartals $0.08 ausgezahlt werden. Bemerkenswert ist, dass GGT nicht mehr auf die von der SEC gew盲hrte Ausnahmeregelung f眉r seine Aussch眉ttungspolitik angewiesen ist und monatlich das steuerpflichtige Einkommen der Investmentgesellschaft aussch眉tten wird, w盲hrend realisierte Nettokapitalgewinne langfristig j盲hrlich verteilt werden.
Nach den aktuellen Buchhaltungsunterlagen w眉rden 100% der Aussch眉ttungen 2025 auf Buchbasis als eingezahltes Kapital angesehen, wobei die endg眉ltigen steuerlichen Feststellungen nach Jahresende erfolgen.
- Maintains consistent $0.88 annual distribution rate
- Regular monthly distribution schedule provides steady income stream
- Flexible distribution policy allows adjustment based on market conditions
- 100% of 2025 distributions currently deemed from paid-in capital, not earnings
- Distribution level may not be sustainable based on Fund's income
- No guarantee of maintaining current distribution rate
Insights
Gabelli Multimedia Trust maintains its $0.88 annual distribution, continuing monthly payments rather than relying on a managed distribution policy.
The Gabelli Multimedia Trust (NYSE: GGT) has announced the continuation of its $0.88 per share annual distribution policy, structured as monthly payments. The fund will distribute $0.07 per share in October and November 2025, followed by $0.08 per share in December 2025, maintaining its quarterly payout pattern of two $0.07 payments followed by one $0.08 payment.
A notable shift in the announcement is that GGT will no longer rely on the SEC exemptive order that previously allowed it to distribute long-term capital gains more frequently than typically permitted. This technical change doesn't alter the distribution amount but does impact how the fund manages its distribution sources.
The current distribution sources appear to be primarily return of capital rather than income or realized gains. According to the announcement, based on current accounting records, 100% of 2025 distributions would be considered paid-in capital on a book basis. This means shareholders are effectively receiving a portion of their investment back rather than purely investment returns, which has different tax implications than distributions from income or capital gains.
For income-focused investors, it's important to understand that while the distribution rate remains steady, the fund's actual earned income fluctuates, and distributions may not always align with current earnings. The board maintains flexibility to modify the distribution policy based on market conditions, fund performance and earnings. This approach prioritizes distribution stability over direct correlation to current income.
RYE, N.Y., Aug. 21, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the 鈥淔und鈥�) approved the continuation of its policy of paying fixed monthly cash distributions.听 The Board of Directors declared cash distributions as set forth below for each of October, November, and December 2025.
| Distribution Month | Record Date | Payable Date | Distribution Per Share |
| October | October 17, 2025 | October 24, 2025 | |
| November | November 13, 2025 | November 20, 2025 | |
| December | December 12, 2025 | December 19, 2025 | |
| 听 | 听 | 听 | 听 |
Under its monthly distribution policy, the Fund will continue to pay a
The Fund previously paid quarterly distributions in accordance with a 鈥渕anaged distribution policy鈥� adopted pursuant to an exemptive order granted to the Fund by the Securities and Exchange Commission, which permitted the Fund to distribute long-term capital gains more frequently than the limits provided in the Investment Company Act and the rules and regulations thereunder.听 The Fund no longer intends to rely on this exemptive relief to maintain a managed distribution policy in connection with its monthly distributions.
The Fund currently intends to make monthly cash distributions of all or a portion of its investment company taxable income (which includes ordinary income and realized net short term capital gains) to common shareholders.听 The Fund also intends to make annual distributions of its realized net long term capital gains, if any.听 The Fund, however, may make more than one capital gain distribution to avoid paying U.S. federal excise tax.听 A portion of each distribution may be a return of capital. 听Various factors will affect the level of the Fund鈥檚 income.听 To permit the Fund to maintain more stable distributions, the Fund may from time to time distribute more or less than the entire amount of income earned in a particular period.听 The Fund鈥檚 distribution policy may be modified from time to time by the Board as it deems appropriate, including in light of market and economic conditions and the Fund鈥檚 current, expected and historical earnings and investment performance.听 Because the Fund鈥檚 monthly distributions are subject to modification by the Board at any time and the Fund鈥檚 income will fluctuate, there can be no assurance that the Fund will pay distributions at a particular rate or frequency.
Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2025 would be deemed
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing.听 For more information regarding the Fund鈥檚 distribution policy and other information about the Fund, call:
Carter Austin
(914) 921-5475
About The Gabelli Multimedia Trust
The Gabelli Multimedia Trust Inc. is a non-diversified, closed-end management investment company with
NYSE: GGT
CUSIP 鈥� 36239Q109
Investor Relations Contact:
Carter Austin
(914) 921-5475
[email protected]
FAQ
What is GGT's current annual distribution rate?
When are GGT's next dividend payment dates in 2025?
What is the source of GGT's 2025 distributions?
How often does Gabelli Multimedia Trust pay distributions?
Will GGT maintain its current distribution rate?
