<SEC-DOCUMENT>0001193125-19-315776.txt : 20191217
<SEC-HEADER>0001193125-19-315776.hdr.sgml : 20191217
<ACCEPTANCE-DATETIME>20191217100114
ACCESSION NUMBER:		0001193125-19-315776
CONFORMED SUBMISSION TYPE:	497AD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20191217
DATE AS OF CHANGE:		20191217

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GABELLI MULTIMEDIA TRUST INC.
		CENTRAL INDEX KEY:			0000921671
		IRS NUMBER:				133767317
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497AD
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-218771
		FILM NUMBER:		191288729

	BUSINESS ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580-1434
		BUSINESS PHONE:		9149215070

	MAIL ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580-1434

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GABELLI GLOBAL MULTIMEDIA TRUST INC
		DATE OF NAME CHANGE:	19940414
</SEC-HEADER>
<DOCUMENT>
<TYPE>497AD
<SEQUENCE>1
<FILENAME>d839465d497ad.htm
<DESCRIPTION>GABELLI MULTIMEDIA TRUST
<TEXT>
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<TITLE>Gabelli Multimedia Trust</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Rule 482ad </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>The Gabelli Multimedia Trust Inc. </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top">Issuer:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">The Gabelli Multimedia Trust Inc.</TD></TR>
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<TD VALIGN="top">Security Type:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Fixed-Rate Cumulative Preferred Shares</TD></TR>
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<TD HEIGHT="16" COLSPAN="2"></TD></TR>
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<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Series G Cumulative Preferred Shares</TD></TR>
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<TD VALIGN="top">Liquidation Preference/Offering Price:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">$25.00 per share</TD></TR>
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<TD VALIGN="top">Maturity:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Perpetual</TD></TR>
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<TD VALIGN="top">Expected Size:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">$25&nbsp;million (or 1&nbsp;million shares)</TD></TR>
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<TD VALIGN="top">Price Guidance:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">5.125% area</TD></TR>
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<TD VALIGN="top">Expected Trade Date:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">December&nbsp;17, 2019</TD></TR>
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<TD VALIGN="top">Expected Settlement Date:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">December&nbsp;20, 2019 (T+3)</TD></TR>
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<TD VALIGN="top">Dividend Payment Dates:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">March&nbsp;26, June&nbsp;26, September&nbsp;26 and December&nbsp;26 in each year commencing on March&nbsp;26, 2020</TD></TR>
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<TD VALIGN="top">Optional Redemption:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">5 years after settlement date</TD></TR>
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<TD VALIGN="top">Use of Proceeds:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Redemption of 6% Series B Preferred Shares with aggregate liquidation preference of approximately $19.8&nbsp;million and purchasing portfolio securities in accordance with the Issuer&#146;s investment objectives and
policies.</TD></TR>
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<TD HEIGHT="16"></TD>
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<TD VALIGN="top">Expected Listing:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">NYSE</TD></TR>
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<TD VALIGN="top">Anticipated Rating:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">A2 from Moody&#146;s Investors Service, Inc. (<I>No assurances can be given that the anticipated rating will be obtained from Moody&#146;s Investors Service, Inc.</I>)</TD></TR>
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<TD VALIGN="top">Underwriters:</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">BofA Securities, Inc. as representative of the underwriters named in the Prospectus Supplement of The Gabelli Multimedia Trust Inc.</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The information herein and in the prospectus supplement is not complete and is subject to change. A registration statement
relating to these securities has been filed with the Securities and Exchange Commission and is effective. This document is not an offer to sell these securities and is not soliciting an offer to buy these securities in any jurisdiction where the
offer or sale is not permitted. Investors should consider the Fund&#146;s investment objectives, risks, charges and expenses carefully before investing. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>The prospectus supplement and related base prospectus contain this and additional information about The Gabelli Multimedia Trust Inc. and the Series G
Cumulative Preferred Shares, and should be read carefully before investing. A copy of the prospectus supplement and related base prospectus is available on EDGAR, or from your financial adviser. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><I>An investment in the Series G Cumulative Preferred Shares involves risks. Therefore, before investing in the Series G Cumulative Preferred Shares you
should consider the risks associated with such an investment carefully. See &#147;Special Characteristics and Risks of the Series G Preferred Shares&#148; in the prospectus supplement and &#147;Risk Factors and Special Considerations&#148; in the
related base prospectus. </I></P>
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