Gabelli Global Small & Mid Cap Value Tru Stock Price, News & Analysis

The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) has declared a cash distribution of $0.16 per share to common shareholders, payable on March 24, 2023, to those on record as of March 17, 2023. The Fund's distribution policy, reviewed quarterly by the Board of Trustees, may include additional distributions in December based on net realized capital gains. As of now, the 2023 distribution comprises approximately 21% from net capital gains and 79% treated as a return of capital. Investors are advised that distributions may not reflect the Fund’s investment performance and details will be provided with tax documentation in early 2024.

The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) announced a cash distribution of $0.16 per share, payable on December 16, 2022, to shareholders on record as of December 9, 2022. The Board of Trustees will review the distribution amount quarterly and may adjust it based on the Fund’s income and capital gains. For 2022, approximately 36% of the distributions come from net capital gains, while 64% is treated as a return of capital. Shareholders will receive tax reports early 2023 detailing the components of these distributions.

The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) announced a cash distribution of $0.16 per share, payable on September 23, 2022, to shareholders of record on September 16, 2022. The Board of Trustees will review the distribution amount quarterly, which may include adjustments for additional income and capital gains. About 1% of the 2022 distributions will come from net investment income, 21% from net capital gains, and 78% will be deemed return of capital. Total net assets of the Fund are $167 million.

The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) announced a cash distribution of $0.16 per share, payable on June 23, 2022, to shareholders of record on June 15, 2022. The Board of Trustees will regularly review the distribution amount, subject to market conditions and fund performance. The Fund, with $162 million in total net assets, aims for long-term capital growth, investing primarily in small to medium-sized equity securities. Future distributions may include capital gains and could impact shareholders' tax situations.

The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) announced a cash distribution of $0.16 per share, payable on March 24, 2022, to shareholders on record by March 17, 2022. The Board of Trustees regularly reviews distribution amounts, which may vary each quarter. This year, approximately 6% of the distribution will come from net capital gains, with 94% classified as a return of capital. Shareholders will receive tax treatment details for 2022 distributions in early 2023 via Form 1099-DIV.

The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) has announced the redemption of all outstanding 5.450% Series A Cumulative Preferred Shares at a price of $25.24600694 per share, effective February 28, 2022. This amount includes $25.00 as the Liquidation Preference and $0.24600694 for accumulated unpaid dividends. Post-redemption, dividends will cease, and all rights associated with these shares will end except for the claim to the Redemption Price. The shares are held in book-entry form through the Depository Trust Company.