Gabelli Multimedia Trust Continues Monthly Distributions for Q4 2026
Gabelli Multimedia Trust Inc. announced the continuation of its fixed monthly cash distribution policy. The 2026 annual distribution remains $0.88 per share, representing a 21% "cash on cash" distribution. The Fund declared specific monthly distributions for October ($0.07), November ($0.07), and December ($0.08) 2026. The company also stated it will no longer rely on an SEC exemptive order for its managed distribution policy, intending to distribute investment company taxable income and annual net long-term capital gains, with 2026 distributions currently deemed 100% from paid-in capital on a book basis.
Key Highlights
- Board approved continuation of fixed monthly cash distributions.
- 2026 annual distribution of $0.88 per share, equating to 21% "cash on cash".
- Fund will pay $0.22 per share quarterly distribution.
- Monthly breakdown: $0.07 for first two months, $0.08 for third month.
- October 2026 distribution: $0.07 per share, payable October 23.
- November 2026 distribution: $0.07 per share, payable November 20.
- December 2026 distribution: $0.08 per share, payable December 18.
- Fund no longer relies on SEC exemptive order for managed distribution policy.
Price Impact
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