Gabelli Global Small & Mid Cap Value Trust

The Gabelli Global Small and Mid Cap Value Trust declared a $0.21 per share cash distribution, payable on June 23, 2026, to shareholders of record on June 15, 2026. The Fund intends to pay quarterly distributions, with the amount determined by the Board, and may include an adjusting distribution in December. The distribution policy is subject to modification, and its tax treatment may vary, potentially including long-term capital gain, qualified dividend income, or a return of capital.

Gabelli Global Small & Mid Cap Value Trust announced that Mario J. Gabelli, Trustee, Chairman, and Chief Investment Officer, is recovering from a medical incident that occurred on March 19, 2026, though his return timeline is undetermined. In response, GAMCO Investors, Inc. implemented its succession plan on March 22, 2026, naming Christopher J. Marangi as President of GAMCO. Day-to-day operations of GAMCO will be led by co-CEO Douglas R. Jamieson and Christopher J. Marangi, while Kevin V. Dreyer and Christopher J. Marangi will lead the Fund's portfolio management.