Gabelli Global Multi-Media Trust (GGT) Stock Price, Quote & News

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

Website: www.gabelli.com

Address:

One Corporate Center, Rye, United States

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. 🍀🍀🥃

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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! 🥰🥰🍀🍀🥃

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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 🍀🍀🥃

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Keith1950 May. 29 at 3:51 PM

$GGT Now, if we could just get Fidelity to fix the discounted drip on this!

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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.

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Sparrky May. 28 at 2:51 PM

$GAB Are we the only ones seeing this? $GGT $GUT $GNT (Hey you guys!!!!!!!!!}

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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.

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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.

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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".

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EarlyIncomeInvesting May. 26 at 8:43 PM

$GGT Got my GGT shares with DRIP discount in Schwab, reinvested at 4.0565/share

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

Feb 11, 2026, 6:11 PM EST - 3 months ago

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Dec 1, 2022, 10:30 AM EST - 3 years ago

Gabelli Multimedia Trust Provides Update on Asset Coverage and Leverage

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

Gabelli Multimedia Trust Rights Offering Concludes Raising $18 Million

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

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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. 🍀🍀🥃

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PennyWeasel May. 29 at 7:43 PM

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PennyWeasel May. 29 at 5:37 PM

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Keith1950 May. 29 at 3:51 PM

$GGT Now, if we could just get Fidelity to fix the discounted drip on this!

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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.

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Sparrky May. 28 at 2:51 PM

$GAB Are we the only ones seeing this? $GGT $GUT $GNT (Hey you guys!!!!!!!!!}

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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.

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MoonBeamSF May. 27 at 3:33 PM

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MoonBeamSF May. 27 at 3:19 PM

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EarlyIncomeInvesting May. 26 at 8:43 PM

$GGT Got my GGT shares with DRIP discount in Schwab, reinvested at 4.0565/share

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PennyWeasel May. 22 at 12:57 PM

$GGT Premium to NAV Target Price ( $4.28) reached +/-$0.01 HOLD 🍀🍀🥃

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PennyWeasel May. 21 at 8:33 PM

$GUT WOWZAA!!! For the first time since November 2024, I have zero shares of the Goot (actually I kept one share so I can get my discounted DRIP shares next week)! My very last "never sell" $ 5.0x lot I talked myself into selling in AH today. 😭 .. Sold at $6.30 & $6.31. The Goot is just sitting on a crazy valuation IMHO at the moment. Over 25-months of equivalent divvis sitting there. Next buy at $5.95 somewhere down stream. Gonna have to use $GAB and $GGT as surrogates in the meantime. 🥰🥰🍀🍀🥃

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PennyWeasel May. 21 at 6:50 PM

$GGT $GAB $GUT Carter (Gabelli) just called back. We had another long conversation. He understands and agrees completely GGT should be getting the discounted DRIP. He also said these are the three (GAB, GGT, GUT) that usually run > 5% prem. to NAV and therefore usually DRIP at discount. They have others that DRIP at discount from time to time based on SP and NAV. He also confirmed GAB is currently going thru arbitrage and therefore is trading at a discount (all those $5.00 RO shares being traded for a quick profit). It time, it will again be back to a premium. As we all know, the increase back takes longer than the drop. 🤣 I mentioned Casandra's @MoonBeamSF Fidelity comment... "Fidelity said only GUT trades under the Gabelli discount plan". All others DRIP under the Fidelity plan. So, he'll be looking into the other Gabelli funds/Fidelity and see what's what. He mentioned CompuServe and Transfer Agent as contact points he needs to follow-up with as well. CHARGE!!!!

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Keith1950 May. 21 at 4:43 PM

$GGT Got my "cash" distribution this morning! Yay! I'll continue to wait till the Guinea Pigs have collected the discounted drip to change to drip. Meanwhile, I don't understand (which is not unusual) why the $GUT and $GGT share prices continue to rise when everything else is down or flat...

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PennyWeasel May. 21 at 1:56 PM

$GAB $GGT $GUT NAVs up from yesterday on GAB & GUT. Unchanged for GUT. New forward looking TP's as of today. 🥰🍀🍀🥃

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MoonBeamSF May. 21 at 1:40 PM

$GGT Anyone active on the Fidelity Reddit? If so, maybe ask the mods there if they know what is going on and who is preventing us from getting our discounted shares?

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PennyWeasel May. 21 at 1:39 PM

$GGT I have spoken to both Fidelity (Kevin - licensed agent) and Gabelli (David - CEF team) TODAY. After a bit of confusion on David's part he finally understood what I was asking. I'm liking Kevin's attitude though. He'll be calling me back. He's working with Fidelity's dividend team (they don't take client calls) to help resolve with Gabelli (after I told him I have spoken to Gabelli a couple of times). And YES, everyone agrees that the GGT fund should be issuing new shares to shareholders of record at a 5% discount to market price since its trading at a 10% premium to NAV. For now, since GGT is still a BUY in my book, I'll continue to DRIP it. Hopefully they'll get it resolved by next pay day (06/23) which will be for their $0.08 dividend (the 3rd month of each quarter pays at $0.08, the other two months pay at $0.07). 🥰🍀🍀🥃

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MoonBeamSF May. 21 at 1:38 PM

$GGT Gabelli website sayd NAV was 3.88 on 5/20, drip shares came through at just under $4.23. Anyone know what they should have been if the discounted drip was working correctly? Wonder how big this problem is, which funds, which brokerages are affected? Is this only happening with Fidelity and Gabelli funds??? I doubt it!!!!!!!

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MoonBeamSF May. 21 at 1:20 PM

$GGT Anyone get Drip from someone besides Fidelity? If so, what price did you get the shares at last month, or this month if they hit already?

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PennyWeasel May. 21 at 12:10 PM

$GGT $GAB Now the question is... For GAB. GAB is a discounted DRIP fund as well IF at the time of distribution it's trading at a premium to NAV. Historically (52-Wk avg.) this trades right on the cusp of a 5% premium. Currently it's well below that at a 4.64% discount to NAV (and hence a BUY in my book). Current forward looking TP of $6.10 as of today. Currently trading at a triple nickel value of $5.55. Next ex-div date is: 06/15/2026. Pays $0.15 /qtr. So, for all intents and purposes, pays the exact same as the Goot. The discounted DRIP works as it should for $GUT (at Fidelity). 🥰🍀🍀🥃

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PennyWeasel May. 21 at 11:54 AM

$GGT Carter Austin is on the Gabelli CEF Team and with whom both Casandra and I have spoken. Call him! Make your voice heard! Speak up! Be a GGT Citizen! Damnit! It's our discounted DRIP and we want it, we want it now!!! Based on Gabelli's email naming conventions, Carter's email address should be as noted below.

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PennyWeasel May. 21 at 11:24 AM

$GGT Flood ‘em with calls, messages and emails folks! Do your part! Be a Citizen!

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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