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
Sparrky
Sparrky Jun. 18 at 3:38 PM
$PDI I'm getting tired of new lows. I've been in since 2022 and contemplating dumping and moving most to $GGT just to make up for lost time and money.
2 · Reply
PennyWeasel
PennyWeasel Jun. 16 at 12:15 PM
$GAB $GGT $GUT 🥰🍀🍀🥃 Target pricing post dividend NAV adjustments: GAB ($5.85) plus $0.03 - $6.11 GGT ($3.79) plus $0.01 - $4.18 GUT ($3.12) minus $0.01 - $5.94
0 · Reply
PennyWeasel
PennyWeasel Jun. 13 at 12:35 AM
$GAB $GGT $GUT NAVs increase on both GAB ($6.00) up $0.06 and GUT($3.17) up $0.04 today! GGT ($3.87) down $0.03. Monday is ex-div. day for all three. Here's to the weekend! 🥰🍀🍀🥃 🥃 GAB TP: $6.24 GGT TP: $4.26 GUT TP: $6.05
1 · Reply
Keith1950
Keith1950 Jun. 12 at 8:36 PM
$GGT Sold 200 of my $4.19 shares for $4.33. Small profit plus 4 months dividends and average cost for remaining 5,000 shares now at $4.10.
0 · Reply
PennyWeasel
PennyWeasel Jun. 12 at 1:40 PM
$GGT Order in for $4.30 for the divvi and flipping. Partially filled (1,057 of 1163 shs). Forward looking TP at $4.29. With a full buy, it brings my PP avg. up to $4.08. 🥰🍀🍀🥃
1 · Reply
PennyWeasel
PennyWeasel Jun. 12 at 12:00 AM
$GAB $GGT $GUT Impressive moves to NAV on both GAB ($5.94) and GGT ($3.90) today! Both up $0.11. Not so much on GUT ($3.13) with a big goose egg. 🥰🍀🍀🥃 GAB TP: $6.18 GGT TP: $4.30 GUT TP: $5.97
0 · Reply
PennyWeasel
PennyWeasel Jun. 8 at 4:35 PM
$GAB $GGT $GUT Forward target pricing based on revised NAV's and 52-wk premium to NAV valuations... 🥰🍀🍀🥃 GAB took a $0.07 hit to NAV ($5.84), revised TP @ $6.09 - BUY GGT took a $0.08 hit to NAV ($3.81), revised TP @ $4.20 - HOLD/SELL GUT added a penny to NAV ($3.14), revised TP @ $5.98 - SELL I decided to reduce coffer limit on GAB by 10% and sold of my lowest priced lot of $5.545 shares for $5.555 thus making a tiny profit. The only reason I sold it was because my next lowest lot is at $5.550. Pretty much same-same. For whatever the reason(s) GAB is dragging its feet at getting back into the premium to NAV game all the while GUT sits overpriced with the same divvi as GAB (except pays it [$0.15] quarterly vs [$0.05] monthly). 🤷‍♂️🤷‍♂️
1 · Reply
PennyWeasel
PennyWeasel Jun. 4 at 3:04 AM
$GGT GGT takes an $0.08 NAV hit and drops target pricing down to $4.23. For now, it would appear selling shares yesterday in AH at $4.32 was spot on! A HOLD/SELL, Dealers choice. Still no word from Fidelity!!! Phuk'n slackers! 🥰 GGT though. Now a 21.4% to 24.4% yielder for me depending on the month (without the DRIP discount).🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Jun. 2 at 11:12 PM
$GGT Since GGT is now at TP ($4.33), I decided to take some equity off the table and bank a quarters worth of divvis plus some now ($0.22-$0.245). Sold off my $4.075 and $4.10 lots in AH at $4.32. (1,223 shs). Someone's buying in AH... If you want to quickly sell shs in AH at $4.32 - there's a buyer. 🥰🍀🍀🥃 P.S. Still no word back from Fidelity on DRIP! And in part, another reason for taking some divvi now! 😡
0 · Reply
Keith1950
Keith1950 Jun. 2 at 10:38 PM
$GGT Wow, $4.36 AH. Maybe a new 52-week high before x-div day? I might have to trim a few shares if it hits $4.40.
1 · Reply
Latest News on GGT
Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions

May 13, 2026, 12:01 PM EDT - 5 weeks 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 - 4 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 - 7 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 - 1 year 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 - 3 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

Sparrky
Sparrky Jun. 18 at 3:38 PM
$PDI I'm getting tired of new lows. I've been in since 2022 and contemplating dumping and moving most to $GGT just to make up for lost time and money.
2 · Reply
PennyWeasel
PennyWeasel Jun. 16 at 12:15 PM
$GAB $GGT $GUT 🥰🍀🍀🥃 Target pricing post dividend NAV adjustments: GAB ($5.85) plus $0.03 - $6.11 GGT ($3.79) plus $0.01 - $4.18 GUT ($3.12) minus $0.01 - $5.94
0 · Reply
PennyWeasel
PennyWeasel Jun. 13 at 12:35 AM
$GAB $GGT $GUT NAVs increase on both GAB ($6.00) up $0.06 and GUT($3.17) up $0.04 today! GGT ($3.87) down $0.03. Monday is ex-div. day for all three. Here's to the weekend! 🥰🍀🍀🥃 🥃 GAB TP: $6.24 GGT TP: $4.26 GUT TP: $6.05
1 · Reply
Keith1950
Keith1950 Jun. 12 at 8:36 PM
$GGT Sold 200 of my $4.19 shares for $4.33. Small profit plus 4 months dividends and average cost for remaining 5,000 shares now at $4.10.
0 · Reply
PennyWeasel
PennyWeasel Jun. 12 at 1:40 PM
$GGT Order in for $4.30 for the divvi and flipping. Partially filled (1,057 of 1163 shs). Forward looking TP at $4.29. With a full buy, it brings my PP avg. up to $4.08. 🥰🍀🍀🥃
1 · Reply
PennyWeasel
PennyWeasel Jun. 12 at 12:00 AM
$GAB $GGT $GUT Impressive moves to NAV on both GAB ($5.94) and GGT ($3.90) today! Both up $0.11. Not so much on GUT ($3.13) with a big goose egg. 🥰🍀🍀🥃 GAB TP: $6.18 GGT TP: $4.30 GUT TP: $5.97
0 · Reply
PennyWeasel
PennyWeasel Jun. 8 at 4:35 PM
$GAB $GGT $GUT Forward target pricing based on revised NAV's and 52-wk premium to NAV valuations... 🥰🍀🍀🥃 GAB took a $0.07 hit to NAV ($5.84), revised TP @ $6.09 - BUY GGT took a $0.08 hit to NAV ($3.81), revised TP @ $4.20 - HOLD/SELL GUT added a penny to NAV ($3.14), revised TP @ $5.98 - SELL I decided to reduce coffer limit on GAB by 10% and sold of my lowest priced lot of $5.545 shares for $5.555 thus making a tiny profit. The only reason I sold it was because my next lowest lot is at $5.550. Pretty much same-same. For whatever the reason(s) GAB is dragging its feet at getting back into the premium to NAV game all the while GUT sits overpriced with the same divvi as GAB (except pays it [$0.15] quarterly vs [$0.05] monthly). 🤷‍♂️🤷‍♂️
1 · Reply
PennyWeasel
PennyWeasel Jun. 4 at 3:04 AM
$GGT GGT takes an $0.08 NAV hit and drops target pricing down to $4.23. For now, it would appear selling shares yesterday in AH at $4.32 was spot on! A HOLD/SELL, Dealers choice. Still no word from Fidelity!!! Phuk'n slackers! 🥰 GGT though. Now a 21.4% to 24.4% yielder for me depending on the month (without the DRIP discount).🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Jun. 2 at 11:12 PM
$GGT Since GGT is now at TP ($4.33), I decided to take some equity off the table and bank a quarters worth of divvis plus some now ($0.22-$0.245). Sold off my $4.075 and $4.10 lots in AH at $4.32. (1,223 shs). Someone's buying in AH... If you want to quickly sell shs in AH at $4.32 - there's a buyer. 🥰🍀🍀🥃 P.S. Still no word back from Fidelity on DRIP! And in part, another reason for taking some divvi now! 😡
0 · Reply
Keith1950
Keith1950 Jun. 2 at 10:38 PM
$GGT Wow, $4.36 AH. Maybe a new 52-week high before x-div day? I might have to trim a few shares if it hits $4.40.
1 · Reply
PennyWeasel
PennyWeasel Jun. 2 at 2:09 AM
$GAB $GGT $GUT June 1st NAVs as follows: GAB down $0.04 to $5.82 with a forward Price Target of $6.08 - BUY. GGT up $0.01 to $3.93 with a forward TP of $4.33 - HOLD. GUT down $0.06 to $3.08 with a forward TP now sitting at $5.85 - SELL! GAB coffer filled to 120% - HOLDing. GGT at TP +/- a few pennies - HOLDing. GUT - All sold off (except 1-share) with $5.95, $5.90 and $5.85 GTC's set. May modify/lower tomorrow. 🥰 the Gabelli's! 🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel May. 29 at 8:16 PM
$GGT Josh at least called back. Still working the issue with the back office. Reams of notes added to the inquiry. Expects resolution come Monday or Tuesday. 🍀🍀🥃
1 · Reply
PennyWeasel
PennyWeasel May. 29 at 7:43 PM
$GAB How the hell did that just happen? My $5.60 order sitting all day. Now market buys are going at $5.6050. WTH I say, a market buy at $6.605 will average out to $5.600 with my $6.595 from yesterday. So I entered at $2500.00 market buy! 446.428 shares at $5.60!!! THANK YOU VERY MUCH MR. MM! The weekend starts now! Maybe a good sign too that Josh (Fidelity) is going to call me at 400 PM EST to say they fixed $GGT's DRIP! 🥰🥰🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel May. 29 at 5:37 PM
$GGT ONE LAST GO AT FIDELITY!!! Three's a charm as they say. Started off with the AI assistant, "I would like to speak to a Manager or Supervisor". That made for a quicker connection it seems. Long story short... I spoke with Josh (at least a Supervisor) and went through the WHOLE enchilada with him. Gave him hard fast numbers of Gabelli discount DRIP prices vs what Fidelity has paid over the last two DRIPs. Explained (and he sees it in the chart) that GGT trades at a 10% premium to NAV and there's no way in hell a Fidelity "at market" DRIP is better than Gabelli's. He agrees. He said he will be calling me back no later than 4:00 PM EST... By market close. We shall see! I also conveyed the rudeness in Fidelity's response to Casandra - "Write a letter". I'm sure the guy was thinking... "to somebody who cares". I also told Josh, that NEVER in my 11+ years of trading with Fidelity have I ever experienced this level of disatisfaction. @MoonBeamSF 🍀🍀🥃
1 · Reply
Keith1950
Keith1950 May. 29 at 3:51 PM
$GGT Now, if we could just get Fidelity to fix the discounted drip on this!
1 · Reply
Keith1950
Keith1950 May. 29 at 3:50 PM
$GGT We'll get the 8 cent divi this month on 6/23/26 (x-day is 6/15/26) and we might hit a new 52 week high above $4.39.
0 · Reply
Sparrky
Sparrky May. 28 at 2:51 PM
$GAB Are we the only ones seeing this? $GGT $GUT $GNT (Hey you guys!!!!!!!!!}
1 · Reply
MoonBeamSF
MoonBeamSF May. 27 at 3:47 PM
$GGT Wondering how many funds they with discount drip programs offered by different companies they aren't participating in - I know this can't be the only one.
1 · Reply
MoonBeamSF
MoonBeamSF May. 27 at 3:33 PM
$GGT I was just told over and over again that 'Fidelity's policy is that is a company offers a discounted DRIP program that Fidelity will automatically participate for customers and since that did not happen it means that no discounted drip program is available for GGT'. They are working with false positives and continuously saying that the discounted drip is nonexistant becasue it didn't happen at Fidelity even if we can prove it is happening at other brokerages and Gabelli themselves are saying this is not true. And no we can't talk to anyone in the back office to figure out why this is happening, not happening. Really wish Gabelli themselves would reachout to Fidelity as it affects them as a company far more than individual investors. They would definately get more interest in other funds besides GUT if they all participated in the Discounted DRIP program.
0 · Reply
MoonBeamSF
MoonBeamSF May. 27 at 3:19 PM
$GGT I just don't understand why Fidelity wouldn't be willing to sign up for every discount drip program for their customers. This is the first time I have had such a frustrating experience with Fidelity customer service. Told nothing they can do...told me I have to write a letter to complain to 'back office".
0 · Reply
EarlyIncomeInvesting
EarlyIncomeInvesting May. 26 at 8:43 PM
$GGT Got my GGT shares with DRIP discount in Schwab, reinvested at 4.0565/share
1 · Reply
PennyWeasel
PennyWeasel May. 22 at 12:57 PM
$GGT Premium to NAV Target Price ( $4.28) reached +/-$0.01 HOLD 🍀🍀🥃
0 · Reply