Gabelli Multimedia Trust Inc.
GGT
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Mario J. Gabelli
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- One Corporate Center Rye NY United States of America 10580-1422
- IPO Date
- Oct 11, 1994
- CIK
- 0000921671
- Website
- gabelli.com
- Similar Companies
- Business
- The Gabelli Multimedia Trust Inc. (NYSE: GGT) is a non-diversified, closed-end management investment company focused on achieving long-term capital growth, with income as a secondary objective, through investments in global telecommunications, media, publishing, entertainment, and emerging technological advances in interactive services and products. The Fund invests across market capitalizations in common stocks, convertible securities, preferred stocks, options, and warrants of companies operating in these sectors; it employs leverage through preferred shares, including 5.125% Series E Cumulative Preferred (GGT PrE) and 5.125% Series G Cumulative Preferred (GGT PrG); top holdings as of recent periods include Sony Group Corp., Alphabet Inc., Netflix Inc., Comcast Corp., and Nintendo Co. Ltd., with key sector allocations to entertainment, electronics, broadcasting, computer software and services, and national telecommunications. Launched on November 15, 1994 by GAMCO Investors, Inc. and managed by Gabelli Funds LLC under portfolio managers Mario J. Gabelli, CFA, and Christopher J. Marangi, the Fund is headquartered at One Corporate Center, Rye, New York 10580-1422, United States, and benchmarks performance against the MSCI AC World Communication Services Index and S&P 500 Index. In recent developments, the Fund launched an at-the-market offering of up to 10 million shares of common stock following an amended sales agreement with G.research, LLC, effective October 10, 2025; it concluded a rights offering that raised approximately $24 million; Mario J. Gabelli, a director, sold 11,000 shares across transactions on December 5 and 8, 2025, while retaining substantial indirect and direct holdings; additionally, institutional investor SIT Investment Associates Inc. acquired 1,982,368 shares on July 26, 2024. The Fund maintains a concentrated, research-driven strategy targeting creativity-related intellectual property development and content distribution platforms amid evolving media trends, serving investors seeking exposure to dynamic multimedia industries worldwide.