Gabelli Multimedia Trust Inc. Announces 2024 Annual Meeting of Stockholders

Ticker: GGT-PG · Form: DEF 14A · Filed: Mar 21, 2024 · CIK: 921671

Gabelli Multimedia Trust Inc. DEF 14A Filing Summary
FieldDetail
CompanyGabelli Multimedia Trust Inc. (GGT-PG)
Form TypeDEF 14A
Filed DateMar 21, 2024
Risk Levellow
Pages16
Reading Time19 min
Key Dollar Amounts$1,000, $0.001, $150,000
Sentimentneutral

Sentiment: neutral

Topics: Proxy Statement, Annual Meeting, Director Election, Gabelli Multimedia Trust, DEF 14A

TL;DR

<b>The Gabelli Multimedia Trust Inc. will hold its Annual Meeting of Stockholders on May 13, 2024, to elect four Directors.</b>

AI Summary

GABELLI MULTIMEDIA TRUST INC. (GGT-PG) filed a Proxy Statement (DEF 14A) with the SEC on March 21, 2024. The Gabelli Multimedia Trust Inc. will hold its Annual Meeting of Stockholders on May 13, 2024. The meeting will take place at 9:30 a.m. ET at GAMCO Investors, Inc. in Rye, New York, and virtually via webcast. The primary purpose of the meeting is to elect four Directors to the Fund's Board. Three Directors will be elected by common stockholders. The filing is a Definitive Proxy Statement (DEF 14A) filed on March 21, 2024.

Why It Matters

For investors and stakeholders tracking GABELLI MULTIMEDIA TRUST INC., this filing contains several important signals. This DEF 14A filing provides crucial information for shareholders regarding the upcoming annual meeting, including the election of directors, which directly impacts the company's governance and strategic direction. Shareholders need to be aware of the meeting date, time, and location (both physical and virtual) to participate in important corporate decisions, such as director elections.

Risk Assessment

Risk Level: low — GABELLI MULTIMEDIA TRUST INC. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Shareholders should review the proxy materials to make informed decisions regarding the election of directors at the May 13, 2024 meeting.

Key Numbers

  • 4 — Directors to be elected (Number of directors to be elected at the Annual Meeting.)
  • 3 — Directors elected by common stockholders (Number of directors to be elected specifically by common stockholders.)
  • 9:30 a.m. ET — Meeting Time (Scheduled start time for the Annual Meeting.)

Key Players & Entities

  • GABELLI MULTIMEDIA TRUST INC. (company) — Registrant
  • May 13, 2024 (date) — Annual Meeting date
  • GAMCO Investors, Inc. (company) — Location of physical meeting
  • Rye, New York (location) — Address of meeting
  • DEF 14A (filing) — Form type
  • 2024-03-21 (date) — Filing date

FAQ

When did GABELLI MULTIMEDIA TRUST INC. file this DEF 14A?

GABELLI MULTIMEDIA TRUST INC. filed this Proxy Statement (DEF 14A) with the SEC on March 21, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by GABELLI MULTIMEDIA TRUST INC. (GGT-PG).

Where can I read the original DEF 14A filing from GABELLI MULTIMEDIA TRUST INC.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by GABELLI MULTIMEDIA TRUST INC..

What are the key takeaways from GABELLI MULTIMEDIA TRUST INC.'s DEF 14A?

GABELLI MULTIMEDIA TRUST INC. filed this DEF 14A on March 21, 2024. Key takeaways: The Gabelli Multimedia Trust Inc. will hold its Annual Meeting of Stockholders on May 13, 2024.. The meeting will take place at 9:30 a.m. ET at GAMCO Investors, Inc. in Rye, New York, and virtually via webcast.. The primary purpose of the meeting is to elect four Directors to the Fund's Board..

Is GABELLI MULTIMEDIA TRUST INC. a risky investment based on this filing?

Based on this DEF 14A, GABELLI MULTIMEDIA TRUST INC. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

What should investors do after reading GABELLI MULTIMEDIA TRUST INC.'s DEF 14A?

Shareholders should review the proxy materials to make informed decisions regarding the election of directors at the May 13, 2024 meeting. The overall sentiment from this filing is neutral.

How does GABELLI MULTIMEDIA TRUST INC. compare to its industry peers?

The Gabelli Multimedia Trust Inc. is a closed-end management investment company. This filing pertains to its corporate governance and shareholder voting processes.

Are there regulatory concerns for GABELLI MULTIMEDIA TRUST INC.?

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

Risk Factors

  • Proxy Solicitation Rules [low — regulatory]: The filing must comply with SEC regulations for proxy statements, including disclosure requirements and solicitation rules.

Industry Context

The Gabelli Multimedia Trust Inc. is a closed-end management investment company. This filing pertains to its corporate governance and shareholder voting processes.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

  1. Review the proxy statement for details on director nominees and voting procedures.
  2. Participate in the Annual Meeting on May 13, 2024, either in person or virtually.
  3. Cast votes for the election of directors as per shareholder preferences.

Key Dates

  • 2024-05-13: Annual Meeting of Stockholders — Election of Directors and other corporate business.
  • 2024-03-21: Filing Date of DEF 14A — Indicates when the proxy materials were officially submitted to the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing for the 2024 annual meeting, following previous filings related to the company's operations and shareholder matters.

Filing Stats: 4,659 words · 19 min read · ~16 pages · Grade level 10.7 · Accepted 2024-03-21 17:13:37

Key Financial Figures

  • $1,000 — tion of proxies for an estimated fee of $1,000 plus reimbursement of expenses. The Fun
  • $0.001 — ck outstanding: common stock, par value $0.001 per share ("Common Stock"), and preferr
  • $150,000 — the SEC's findings and allegation, paid $150,000 and agreed to cease and desist committi

Filing Documents

From the Filing

SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to Sec. 240.14a-12 The Gabelli Multimedia Trust Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11(set forth the amount on which the filing fee is calculated and state how it was determined): 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: 2) Form, Schedule or Registration Statement No.: 3) Filing Party: 4) Date Filed: THE GABELLI MULTIMEDIA TRUST INC. One Corporate Center Rye, New York 10580-1422 (914) 921-5070 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS To Be Held on May 13, 2024 To the Stockholders of THE GABELLI MULTIMEDIA TRUST INC. Notice is hereby given that the Annual Meeting of Stockholders of The Gabelli Multimedia Trust Inc., a Maryland corporation (the "Fund"), will be held on Monday, May 13, 2024, at 9:30 a.m., ET, at GAMCO Investors, Inc., One Corporate Center, 401 Theodore Fremd Avenue, Rye, New York, 10580 and virtually by Internet webcast (the "Meeting"), and at any adjournments or postponements thereof for the following purposes: 1. To elect four (4) Directors of the Fund, three (3) Directors to be elected by the holders of the Fund's common stock and holders of its Series C Auction Rate Cumulative Preferred Stock, 5.125% Series E Cumulative Preferred Stock and 5.125% Series G Cumulative Preferred Stock, voting together as a single class, and one (1) Director to be elected by the holders of the Fund's Preferred Stock, voting as a separate class; and 2. To consider and vote upon such other matters, including adjournments, as may properly come before said Meeting or any adjournments or postponements thereof. These items are discussed in greater detail in the attached Proxy Statement. We are conducting a "hybrid" meeting - you may attend in person or virtually. Whether or not you plan to attend the Meeting in person, stockholders must register in advance by submitting the required information to the Fund at: http://Gabelli.com/CEFAnnualMeeting. Following registration, a stockholder will be provided with instructions regarding how to access the virtual Meeting, including the link for the Meeting. Requests for registration must be received no later than 5:00 p.m., ET, on May 12, 2024. Stockholders will receive an email confirming their registration and providing instructions for participating in the Meeting. Any questions should be directed to CEFProxy@gabelli.com. The close of business on March 15, 2024, has been fixed as the record date for the determination of stockholders entitled to notice of and to vote at the Meeting and any adjournments or postponements thereof. YOUR VOTE IS IMPORTANT REGARDLESS OF THE SIZE OF YOUR HOLDINGS IN THE FUND. WE ENCOURAGE YOU TO VOTE YOUR PROXY IN ADVANCE OF THE MEETING, EVEN IF YOU PLAN TO ATTEND THE MEETING. STOCKHOLDERS MAY AUTHORIZE THEIR PROXY BY TELEPHONE OR THE INTERNET. ALTERNATIVELY, STOCKHOLDERS MAY SUBMIT VOTING INSTRUCTIONS BY SIGNING AND DATING THE PROXY CARD AND RETURNING IT IN THE ACCOMPANYING POSTAGE-PAID ENVELOPE. By Order of the Board of Directors, PETER GOLDSTEIN Secretary April 3, 2024 INSTRUCTIONS FOR SIGNING PROXY CARDS TO BE RETURNED BY MAIL The following general rules for signing proxy cards may be of assistance to you and avoid the time and expense to the Fund involved in validating your vote if you fail to properly sign your proxy card. 1. Individual Accounts: Sign your name exactly as it appears in the registration on the proxy card. 2. Joint Accounts: Either party may sign, but the name of the party signing should conform exactly to the name shown in the registration. 3. All Other Accounts: The capacity of the individuals signing the proxy card should be indicated unless it is reflected in the form of registration. For example: Regist

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.