Gabelli Global Multi-Media Trust (GGT)

$4.59 +0.02 (0.44%)
Market Cap 132.28M
Revenue (ttm) 24.01M
Net Income (ttm) 23.28M
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin N/A
Debt to Equity Ratio N/A
Volume 44,300
Avg Vol 80,676
Day's Range N/A - N/A
Shares Out 28.27M
Stochastic %K 4%
Beta 1.20
Analysts Strong Buy
Price Target N/A

Company Profile

The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It invests in stocks, convertible securities, preferred stock, options, and warrants of companies operating across global telecommunications, media, publishing, and entertainment industries. The fund also invests in companies participating in emerging technological advances in interactive servi...

Industry: Asset Management
Sector: Financial Services
Phone: 914-921-5000
Fax: 914-921-5118
Address:
One Corporate Center, Rye, United States
Thalassophile
Thalassophile Aug. 18 at 2:37 PM
$GGT 5000 Share order in at 4.04
1 · Reply
Sparrky
Sparrky Aug. 18 at 1:51 PM
$GGT Added a bit @ $4.105. Hope it drops down to $4.03 ish.
0 · Reply
Sparrky
Sparrky Aug. 16 at 1:13 PM
$PDI $GGT $GUT Has anyone looked into $AGD & $AOD? Both look interesting too me. Both have very similar holdings (top tech names) and Nav/price looks good. https://www.cefconnect.com/fund/AOD https://www.cefconnect.com/fund/AGD
1 · Reply
PennyWeasel
PennyWeasel Aug. 14 at 4:51 PM
$GGT Last day to buy shares IF you're interested in the dividend ($0.07) since Monday is ex-dividend day. September's dividend will be $0.08 so there's that! In addition, as noted below, Gabelli has reiterated divvis thru year end at $0.07, $0.07 and $0.08! Have a great weekend! 🥰 GTT! 🍀🍀🥃 . https://gabelli.com/wp-content/uploads/2026/08/Oct-Dec-2026-div-GGT.pdf
0 · Reply
MichaelJk
MichaelJk Aug. 13 at 3:01 PM
$GGT Added this morning @4.205... Div. continuation confirmed for next qtr :) This buy raises my C/B to 4.10 (without Div's received) will look to sell this lot over 4.30 next month?
0 · Reply
PennyWeasel
PennyWeasel Aug. 13 at 2:36 PM
$GGT No 🥰 for GGT today! Ex-Div. es mañana for $0.07 pesos! I'll leave my $4.25 sell order in place JIC.🍀🍀🥃
0 · Reply
Keith1950
Keith1950 Aug. 12 at 9:47 PM
$GGT Really nice pop at the end of the day! And it should get better next month with the extra penny distribution in September. Looking for $4.30+ before next x-day!
1 · Reply
PennyWeasel
PennyWeasel Aug. 11 at 2:23 PM
$GGT With the pre-dip to ex-div., I picked up an additional 600 shares at $4.175 to flip and/or to ride thru ex-div. Premium to NAV forward looking share price target right at $4.18 and where we are today! Average PP price of holdings now $3.9937. $GUT still overpriced at $6.38 with a premium to NAV forward looking share price target of $5.89. $GAB still underpriced IMO based on premium to NAV forward looking share price target of $6.16 vs current price of $5.77. I'd buy more but that coffer is full! 🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Aug. 8 at 3:17 PM
$OXLC $GAB $GGT Current Weasel CEF BB Eleven status after 40-days and one complete divvi DRIP cycle. Turns out four DRIP at discount (EDF, PGP, PHK and PFN). If the eleven, two are currently in the red (EDF -2.89%, HPS -0.07%). Overall ROI stands at 1.32%, 12.023% annualized. So far so good! 🍀🍀🥃
0 · Reply
Keith1950
Keith1950 Aug. 6 at 3:32 AM
$GGT So far this year my total return for GGT is 10.84% for 6 months, on pace for a22% annual return which just a bit above the 21.2% yield at the current price. My current strategy is to buy dips below $4.10 and trim my highest lots (between $4.10 and $4.19) above $4.33. Seems to be working so far, but I sure wish we could get the discounted drip resolved at Fidelity, that would be even better!
0 · Reply
Latest News on GGT
Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution

Aug 12, 2026, 11:57 AM EDT - 6 days ago

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions

May 13, 2026, 12:01 PM EDT - 3 months ago

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions NAV Total Return of 38% In 2025

Feb 11, 2026, 6:11 PM EST - 6 months ago

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions NAV Total Return of 38% In 2025

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions NAV Total Return of 33% Year to Date

Nov 12, 2025, 2:23 PM EST - 9 months ago

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions NAV Total Return of 33% Year to Date

CORRECTION -- Gabelli Multimedia Trust Reinforces Maintenance of $0.88 per Share Annual Distribution Continues Monthly Distributions

May 15, 2025, 8:33 AM EDT - 1 year ago

CORRECTION -- Gabelli Multimedia Trust Reinforces Maintenance of $0.88 per Share Annual Distribution Continues Monthly Distributions

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 per Share Annual Distribution Continues Monthly Distributions

May 14, 2025, 1:33 PM EDT - 1 year ago

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 per Share Annual Distribution Continues Monthly Distributions

Gabelli Multimedia Trust Board Approves at the Market Common Stock Offerings With Prices Trading Above NAV

Apr 9, 2025, 5:00 PM EDT - 1 year ago

Gabelli Multimedia Trust Board Approves at the Market Common Stock Offerings With Prices Trading Above NAV

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Will Commence Monthly Distributions in May 2025

Apr 9, 2025, 2:54 PM EDT - 1 year ago

Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Will Commence Monthly Distributions in May 2025

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.22 Per Share

Feb 13, 2025, 1:17 PM EST - 1 year ago

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared First Quarter Distribution of $0.22 Per Share

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.22 Per Share

Nov 14, 2024, 8:30 AM EST - 1 year ago

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Fourth Quarter Distribution of $0.22 Per Share

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.22 Per Share

Aug 23, 2024, 7:53 AM EDT - 2 years ago

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Third Quarter Distribution of $0.22 Per Share

Gabelli Multimedia Trust Alerts Common Stock Shareholders to Rights Offering Expiration Date of July 22, 2024

Jul 15, 2024, 10:42 AM EDT - 2 years ago

Gabelli Multimedia Trust Alerts Common Stock Shareholders to Rights Offering Expiration Date of July 22, 2024

Gabelli Multimedia Trust Announces Rights Offering for Shares of Common Stock Record Date and Summary of Terms

Jun 18, 2024, 5:28 PM EDT - 2 years ago

Gabelli Multimedia Trust Announces Rights Offering for Shares of Common Stock Record Date and Summary of Terms

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.22 Per Share

May 16, 2024, 9:18 AM EDT - 2 years ago

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.22 Per Share

Gabelli Multimedia Trust Appoints Susan Watson Laughlin to the Board of Trustees

Mar 25, 2024, 8:56 AM EDT - 2 years ago

Gabelli Multimedia Trust Appoints Susan Watson Laughlin to the Board of Trustees

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed And Declared Fourth Quarter Distribution Of $0.22 Per Share

Nov 16, 2023, 8:49 AM EST - 2 years ago

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed And Declared Fourth Quarter Distribution Of $0.22 Per Share

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.22 per Share

May 18, 2023, 8:59 AM EDT - 3 years ago

Gabelli Multimedia Trust 10% Distribution Policy Reaffirmed and Declared Second Quarter Distribution of $0.22 per Share

Gabelli Multimedia Trust Provides Update on Asset Coverage and Leverage

Dec 1, 2022, 10:30 AM EST - 4 years ago

Gabelli Multimedia Trust Provides Update on Asset Coverage and Leverage

Gabelli Multimedia Trust Rights Offering Concludes Raising $18 Million

Aug 26, 2021, 10:00 AM EDT - 5 years ago

Gabelli Multimedia Trust Rights Offering Concludes Raising $18 Million

Forget ETFs: Buy These 6%+ Dividends (With 17%+ upside) Instead

Jul 23, 2019, 3:49 PM EDT - 7 years ago

Forget ETFs: Buy These 6%+ Dividends (With 17%+ upside) Instead

ASG NRO RNP RQI

Thalassophile
Thalassophile Aug. 18 at 2:37 PM
$GGT 5000 Share order in at 4.04
1 · Reply
Sparrky
Sparrky Aug. 18 at 1:51 PM
$GGT Added a bit @ $4.105. Hope it drops down to $4.03 ish.
0 · Reply
Sparrky
Sparrky Aug. 16 at 1:13 PM
$PDI $GGT $GUT Has anyone looked into $AGD & $AOD? Both look interesting too me. Both have very similar holdings (top tech names) and Nav/price looks good. https://www.cefconnect.com/fund/AOD https://www.cefconnect.com/fund/AGD
1 · Reply
PennyWeasel
PennyWeasel Aug. 14 at 4:51 PM
$GGT Last day to buy shares IF you're interested in the dividend ($0.07) since Monday is ex-dividend day. September's dividend will be $0.08 so there's that! In addition, as noted below, Gabelli has reiterated divvis thru year end at $0.07, $0.07 and $0.08! Have a great weekend! 🥰 GTT! 🍀🍀🥃 . https://gabelli.com/wp-content/uploads/2026/08/Oct-Dec-2026-div-GGT.pdf
0 · Reply
MichaelJk
MichaelJk Aug. 13 at 3:01 PM
$GGT Added this morning @4.205... Div. continuation confirmed for next qtr :) This buy raises my C/B to 4.10 (without Div's received) will look to sell this lot over 4.30 next month?
0 · Reply
PennyWeasel
PennyWeasel Aug. 13 at 2:36 PM
$GGT No 🥰 for GGT today! Ex-Div. es mañana for $0.07 pesos! I'll leave my $4.25 sell order in place JIC.🍀🍀🥃
0 · Reply
Keith1950
Keith1950 Aug. 12 at 9:47 PM
$GGT Really nice pop at the end of the day! And it should get better next month with the extra penny distribution in September. Looking for $4.30+ before next x-day!
1 · Reply
PennyWeasel
PennyWeasel Aug. 11 at 2:23 PM
$GGT With the pre-dip to ex-div., I picked up an additional 600 shares at $4.175 to flip and/or to ride thru ex-div. Premium to NAV forward looking share price target right at $4.18 and where we are today! Average PP price of holdings now $3.9937. $GUT still overpriced at $6.38 with a premium to NAV forward looking share price target of $5.89. $GAB still underpriced IMO based on premium to NAV forward looking share price target of $6.16 vs current price of $5.77. I'd buy more but that coffer is full! 🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Aug. 8 at 3:17 PM
$OXLC $GAB $GGT Current Weasel CEF BB Eleven status after 40-days and one complete divvi DRIP cycle. Turns out four DRIP at discount (EDF, PGP, PHK and PFN). If the eleven, two are currently in the red (EDF -2.89%, HPS -0.07%). Overall ROI stands at 1.32%, 12.023% annualized. So far so good! 🍀🍀🥃
0 · Reply
Keith1950
Keith1950 Aug. 6 at 3:32 AM
$GGT So far this year my total return for GGT is 10.84% for 6 months, on pace for a22% annual return which just a bit above the 21.2% yield at the current price. My current strategy is to buy dips below $4.10 and trim my highest lots (between $4.10 and $4.19) above $4.33. Seems to be working so far, but I sure wish we could get the discounted drip resolved at Fidelity, that would be even better!
0 · Reply
Sparrky
Sparrky Aug. 5 at 2:43 PM
$GGT Added more.
0 · Reply
PennyWeasel
PennyWeasel Aug. 5 at 1:14 PM
$GAB $GGT $GUT 🍀🍀🥃 GAB NAV: $6.05 Forward looking SP: $6.19 🐂 GGT NAV: $3.80 Forward looking SP: $4.18 🐂 GUT NAV: $3.07 Forward looking SP: $5.94 🐻
1 · Reply
Sparrky
Sparrky Aug. 2 at 4:52 PM
$PDI $GUT $GGT $AVK REALLY GREAT WATCH!! https://www.youtube.com/watch?v=yW5dcCe41OU
1 · Reply
Keith1950
Keith1950 Jul. 28 at 6:29 AM
$GGT Ugh! 22,000,000 ATM shares being offered. They will be sold at or above NAV which is theoretically accretive and not too bad if they don't sell them too fast and drive the share price down.
1 · Reply
PennyWeasel
PennyWeasel Jul. 24 at 2:13 PM
$GGT Current forward looking share price based on premium to NAV ($3.54) history currently sits at $3.90. Good thing I forgot to place my $4.15 order here a while back. Watching and waiting for something closer to $3.90 for now. 🍀🍀🥃
0 · Reply
gnillish_00
gnillish_00 Jul. 24 at 1:45 PM
$GGT Curious if they have worked out the discounted DRIP for this one yet. @PennyWeasel any updates?
1 · Reply
Keith1950
Keith1950 Jul. 23 at 10:38 PM
$PDI Today was an all-around bad day in the market and all of my stocks were down, some to new 52-week lows, and most (but not all) below my average cost so I nibbled on almost everything. Hopefully this down trend will not last much longer, but I still have a little cash to keep nibbling with for a while longer. $GGT and $IGR are holding up pretty well and my cost is well below the current price. PDI and $GOF are struggling and $CLM and CRF took a dive today but should rebound somewhat. What a Day! 🥴
2 · Reply
Thalassophile
Thalassophile Jul. 21 at 9:28 PM
$GGT 411 was me
1 · Reply
Sparrky
Sparrky Jul. 20 at 3:55 PM
$GGT Added @ $4.105
0 · Reply
Keith1950
Keith1950 Jul. 17 at 8:50 PM
$GGT I'm waiting for something less than $4.10 to add more. It got close today, but I think it might drop a little more.
1 · Reply
Sparrky
Sparrky Jul. 17 at 5:11 PM
$GGT Added a tiny bit.
0 · Reply
Sparrky
Sparrky Jul. 14 at 7:28 PM
$PDI $GGT I think I'll go to plan "B" and start trimming if this thing gets back to the $16.60-70 range.
3 · Reply