The Gabelli Multimedia Trust Inc.
GGT-PG
New York Stock Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- The Gabelli Multimedia Trust Inc. (NYSE: GGT, GGT-PG) is a non-diversified, closed-end management investment company that seeks long-term capital growth, with income as a secondary objective, through investments in global telecommunications, media, publishing, entertainment, and emerging interactive services and products. The Trust invests primarily in common stocks, convertible securities, preferred stock, options, and warrants of companies involved in creativity related to intellectual property rights and distribution of such copyrights; its portfolio features significant allocations to sectors including entertainment, electronics, broadcasting, computer software and services, and national telecommunications, with top holdings such as Sony Group Corp., Alphabet Inc., Netflix Inc., Comcast Corp., and Nintendo Co. Ltd. It employs leverage through its 5.125% Series E Cumulative Preferred shares (GGT PrE), 5.125% Series G Cumulative Preferred shares (GGT PrG), and maintains a concentrated, research-driven strategy managed by Gabelli Funds LLC, a subsidiary of GAMCO Investors, Inc. Headquartered at One Corporate Center in Rye, New York, the Trust was formed on November 15, 1994, and benchmarks its performance against the MSCI AC World Communication Services Index; it operates globally with exposure across market capitalizations and trades on the NYSE. The fund targets growth opportunities in dynamic industries susceptible to technological advances, regulatory changes, and competition, serving institutional and retail investors seeking focused media and telecom exposure. Recent developments include the conclusion of a transferable rights offering in 2024 that raised approximately $24 million by allowing shareholders to purchase additional common shares using rights plus $5.00 per share; in October 2025, the Trust launched an at-the-market offering of up to 10 million common shares under an amended sales agreement with G.research, LLC, to raise capital at prices not less than net asset value plus commission. Insider activity featured director Mario J. Gabelli's purchase of 500 shares in July 2024 for $2,490, alongside subsequent sales in December 2025 totaling over 15,000 shares, reflecting ongoing portfolio adjustments amid a net asset value per share of $3.38 and market price of $4.63 as of March 31, 2025. These capital-raising initiatives support the Trust's leveraged structure and investment operations without reported acquisitions, partnerships, or major reorganizations in the last 1-2 years.