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THE GABELLI MULTIMEDIA TRUST INC. - $GGT STOCK NEWS

Welcome to our dedicated page for THE GABELLI MULTIMEDIA TRUST news (Ticker: $GGT), a resource for investors and traders seeking the latest updates and insights on THE GABELLI MULTIMEDIA TRUST stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect THE GABELLI MULTIMEDIA TRUST's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of THE GABELLI MULTIMEDIA TRUST's position in the market.

Rhea-AI Summary
The Gabelli Multimedia Trust Inc. appoints Susan Watson Laughlin to its Board of Directors, bringing extensive experience in investor relations. Investors are advised to consider the Fund's investment objectives and risks before investing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
management
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Rhea-AI Summary
The Gabelli Multimedia Trust Inc. (GGT) reaffirmed its 10% distribution policy by declaring a $0.22 per share cash distribution payable on March 21, 2024. The Board of Directors is exploring strategic opportunities in the equity markets, intending to maintain a minimum annual distribution of 10% of the average net asset value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
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none
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Rhea-AI Summary
Gabelli Multimedia Trust Inc. (NYSE:GGT) reaffirms its 10% distribution policy, declaring a $0.22 per share cash distribution payable on December 22, 2023, totaling $0.88 per share for 2023. The Board of Directors reviews income, realized capital gain, or capital available each quarter to determine distributions. The distribution policy is subject to modification and not indicative of dividend yield or total return. The distribution may be treated as long-term capital gain or qualified dividend income, subject to federal income tax rate for long term capital gains. Shareholders should not draw any conclusions about the fund's investment performance from the distribution rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
none
Rhea-AI Summary
The Gabelli Multimedia Trust Inc. reaffirmed its 10% distribution policy by declaring a $0.22 per share cash distribution payable on September 22, 2023. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
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none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.44%
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none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.02%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.39%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.58%
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none
THE GABELLI MULTIMEDIA TRUST INC.

NYSE:GGT

GGT Rankings

GGT Stock Data

155.50M
28.07M
3.56%
13.11%
0.68%
International Trade Financing
Finance and Insurance
Link
United States of America
Rye

About GGT

gamco investors, inc. (nyse:gbl) is a well-established provider of investment advisory services to open and closed-end funds, institutional, and private wealth management investors. since mario j. gabelli founded the firm in 1977, gamco has been recognized for its research driven approach to equity investing and our proprietary private market value (pmv) with a catalyst™ stock selection strategy. as of december 31, 2016, the company has $39.7 billion aum, 95% of which is invested in equities, principally through our two registered investment advisers: gamco asset management inc. (“institutional and private wealth management”) and gabelli funds, llc (“funds”). g.distributors, llc (“g.distributors”) acts as an underwriter and distributor for our open-end funds.