NPORT-EX 2 GB14_GB093021.htm
1
The
Gabelli
Multimedia
Trust
Inc.
Schedule
of
Investments
—
September
30,
2021
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
 —
90.8%
DISTRIBUTION
COMPANIES
 —
54.1%
Broadcasting
 —
9.0%
10,000‌
Asahi
Broadcasting
Group
Holdings
Corp.
$
66,670‌
19,893‌
Beasley
Broadcast
Group
Inc.,
Cl. A†
....
52,915‌
6,400‌
Chubu-Nippon
Broadcasting
Co.
Ltd.
...
32,950‌
16,500‌
Cogeco
Inc.
.....................
1,175,036‌
35,000‌
Corus
Entertainment
Inc.,
OTC,
Cl. B
....
156,100‌
230,000‌
Corus
Entertainment
Inc.,
Toronto,
Cl. B
.
1,031,423‌
26,000‌
Discovery
Inc.,
Cl. A†
..............
659,880‌
138,000‌
Discovery
Inc.,
Cl. C†
..............
3,349,260‌
30,000‌
Fox
Corp.,
Cl. A
...................
1,203,300‌
28,000‌
Fox
Corp.,
Cl. B
...................
1,039,360‌
81,000‌
Grupo
Radio
Centro
SAB
de
CV,
Cl. A†
..
14,088‌
30,000‌
iHeartMedia
Inc.,
Cl. A†
.............
750,600‌
15,000‌
Informa
plc†
....................
111,039‌
244,000‌
ITV
plc†
........................
350,464‌
4,000‌
Lagardere
SA†
...................
105,827‌
8,000‌
Liberty
Broadband
Corp.,
Cl. A†
.......
1,346,800‌
45,800‌
Liberty
Broadband
Corp.,
Cl. C†
.......
7,909,660‌
19,000‌
Liberty
Media
Corp.-
Liberty
SiriusXM,
Cl. A†
...........
896,230‌
81,361‌
Liberty
Media
Corp.-
Liberty
SiriusXM,
Cl. C†
...........
3,862,207‌
68,566‌
Media
Prima
Berhad†
..............
8,025‌
4,000‌
Nexstar
Media
Group
Inc.,
Cl. A
.......
607,840‌
25,000‌
Nippon
Television
Holdings
Inc.
.......
283,706‌
4,000‌
NRJ
Group
......................
27,893‌
3,000‌
RTL
Group
SA
...................
179,486‌
92,000‌
Sinclair
Broadcast
Group
Inc.,
Cl. A
.....
2,914,560‌
33,000‌
TBS
Holdings
Inc.
.................
508,513‌
69,000‌
TEGNA
Inc.
.....................
1,360,680‌
30,000‌
Television
Broadcasts
Ltd.†
..........
23,701‌
22,000‌
Television
Francaise
1
..............
216,866‌
240,000‌
TV
Azteca
SAB
de
CV†
..............
9,778‌
30,254,857‌
Business
Services
 —
1.7%
6,000‌
Carlisle
Support
Sevices
Group
Ltd.†(a)
.
647‌
4,000‌
Fluent
Inc.†
.....................
9,080‌
6,000‌
Impellam
Group
plc†
...............
32,337‌
13,700‌
S&P
Global
Inc.
..................
5,820,993‌
5,863,057‌
Cable
 —
9.5%
11,000‌
AMC
Networks
Inc.,
Cl. A†
...........
512,490‌
300‌
Cable
One
Inc.
...................
543,939‌
3,800‌
Charter
Communications
Inc.,
Cl. A†
....
2,764,728‌
35,000‌
Cogeco
Communications
Inc.
.........
3,110,374‌
143,000‌
Comcast
Corp.,
Cl. A
...............
7,997,990‌
44,000‌
Liberty
Global
plc,
Cl. A†
............
1,311,200‌
190,177‌
Liberty
Global
plc,
Cl. C†
............
5,602,614‌
19,400‌
MultiChoice
Group
................
147,084‌
Shares
Market
Value
100,000‌
Rogers
Communications
Inc.,
New
York,
Cl. B
.........................
$
4,664,000‌
90,000‌
Shaw
Communications
Inc.,
New
York,
Cl. B
.........................
2,613,600‌
4,000‌
Telenet
Group
Holding
NV
...........
152,717‌
135,000‌
WideOpenWest
Inc.†
...............
2,652,750‌
32,073,486‌
Computer
Software
and
Services
 —
0.9%
7,000‌
CyrusOne
Inc.,
REIT
...............
541,870‌
17,500‌
SolarWinds
Corp.
.................
292,775‌
2,000‌
Tencent
Holdings
Ltd.,
ADR
..........
118,541‌
6,000‌
Zoom
Video
Communications
Inc.,
Cl. A†
1,569,000‌
20,000‌
Zuora
Inc.,
Cl. A†
.................
331,600‌
2,853,786‌
Consumer
Services
 —
1.9%
50,000‌
Bollore
SA
......................
289,877‌
150‌
Cie
de
L'Odet
SE
..................
208,503‌
800‌
Expedia
Group
Inc.†
...............
131,120‌
25,500‌
IAC/InterActiveCorp.†
..............
3,322,395‌
140,000‌
Liberty
TripAdvisor
Holdings
Inc.,
Cl. A†
.
432,600‌
213,000‌
Qurate
Retail
Inc.,
Cl. A
.............
2,170,470‌
6,554,965‌
Copyright/Creativity
Companies
 —
0.4%
22,500‌
Ubisoft
Entertainment
SA†
...........
1,352,142‌
Diversified
Industrial
 —
0.3%
27,000‌
Bouygues
SA
....................
1,122,789‌
6,000‌
Malaysian
Resources
Corp.
Berhad
.....
566‌
1,123,355‌
Entertainment
 —
10.6%
85,000‌
Borussia
Dortmund
GmbH
&
Co.
KGaA†
.
474,182‌
17,000‌
GAN
Ltd.†
......................
252,790‌
470,000‌
Grupo
Televisa
SAB,
ADR
............
5,160,600‌
170,500‌
Liberty
Media
Acquisition
Corp.†
......
1,761,265‌
45,000‌
Liberty
Media
Corp.-
Liberty
Braves,
Cl. A†
.............
1,210,950‌
114,000‌
Liberty
Media
Corp.-
Liberty
Braves,
Cl. C†
.............
3,011,880‌
8,000‌
Liberty
Media
Corp.-
Liberty
Formula
One,
Cl. A†
........
376,400‌
33,000‌
Liberty
Media
Corp.-
Liberty
Formula
One,
Cl. C†
........
1,696,530‌
4,000‌
M6
Metropole
Television
SA
..........
83,216‌
40,020‌
Madison
Square
Garden
Entertainment
Corp.†
.......................
2,908,253‌
28,500‌
Madison
Square
Garden
Sports
Corp.†
..
5,299,575‌
21,000‌
Naspers
Ltd.,
Cl. N
................
3,476,026‌
6,500‌
Netflix
Inc.†
.....................
3,967,210‌
25,000‌
Reading
International
Inc.,
Cl. A†
......
126,500‌
8,200‌
Reading
International
Inc.,
Cl. B†
......
186,058‌
2
The
Gabelli
Multimedia
Trust
Inc.
Schedule
of
Investments
(Continued)
—
September
30,
2021
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
(Continued)
DISTRIBUTION
COMPANIES
(Continued)
Entertainment
(Continued)
4,000‌
Roku
Inc.†
......................
$
1,253,400‌
50,000‌
Sirius
XM
Holdings
Inc.
.............
305,000‌
23,500‌
Take-Two
Interactive
Software
Inc.†
....
3,620,645‌
550,000‌
Wow
Unlimited
Media
Inc.†(b)(c)
......
412,522‌
35,583,002‌
Equipment
 —
1.2%
7,200‌
Amphenol
Corp.,
Cl. A
..............
527,256‌
56,018‌
Corning
Inc.
.....................
2,044,097‌
35,000‌
Flex
Ltd.†
.......................
618,800‌
6,000‌
QUALCOMM
Inc.
.................
773,880‌
3,964,033‌
Financial
Services
 —
2.6%
15,000‌
Caribbean
Investment
Holdings
Ltd.†
...
7,478‌
5,000‌
Conx
Corp.†
.....................
50,200‌
1,500‌
Jardine
Matheson
Holdings
Ltd.
.......
79,560‌
34,500‌
Kinnevik
AB,
Cl. A†
................
1,355,661‌
25,000‌
Kinnevik
AB,
Cl. B†
................
882,842‌
5,000‌
LendingTree
Inc.†
.................
699,150‌
95,000‌
Orascom
Financial
Holding
SAE†
......
1,499‌
20,200‌
PayPal
Holdings
Inc.†
..............
5,256,242‌
35,500‌
Spartacus
Acquisition
Corp.,
Cl. A†
.....
359,615‌
9,000‌
VNV
Global
AB†
..................
108,048‌
14,000‌
Waterloo
Investment
Holdings
Ltd.†(a)
..
4,200‌
8,804,495‌
Food
and
Beverage
 —
0.3%
2,400‌
Pernod
Ricard
SA
.................
530,154‌
2,500‌
Remy
Cointreau
SA
................
485,059‌
1,015,213‌
Information
Technology
 —
0.7%
27,500‌
Prosus
NV
......................
2,197,651‌
Real
Estate
 —
1.6%
13,000‌
American
Tower
Corp.,
REIT
..........
3,450,330‌
3,000‌
Crown
Castle
International
Corp.,
REIT
..
519,960‌
5,500‌
Digital
Realty
Trust
Inc.,
REIT
.........
794,475‌
15,000‌
Midway
Investments†(a)
............
202‌
33,000‌
Radius
Global
Infrastructure
Inc.,
Cl. A†
.
538,890‌
5,303,857‌
Retail
 —
0.2%
200‌
Amazon.com
Inc.†
................
657,008‌
1,000‌
Best
Buy
Co.
Inc.
.................
105,710‌
762,718‌
Satellite
 —
3.1%
100,000‌
DISH
Network
Corp.,
Cl. A†
..........
4,346,000‌
74,000‌
EchoStar
Corp.,
Cl. A†
..............
1,887,740‌
10,000‌
Iridium
Communications
Inc.†
........
398,500‌
Shares
Market
Value
84,000‌
Loral
Space
&
Communications
Inc.
....
$
3,612,840‌
250,000‌
PT
Indosat
Tbk†
..................
116,157‌
3,000‌
SKY
Perfect
JSAT
Holdings
Inc.
.......
11,564‌
10,372,801‌
Telecommunications:
Long
Distance
 —
0.5%
35,000‌
AT&T
Inc.
.......................
945,350‌
15,000‌
BCE
Inc.
........................
751,421‌
4,203‌
TIM
SA,
ADR
....................
45,140‌
1,741,911‌
Telecommunications:
National
 —
4.3%
20,000‌
Deutsche
Telekom
AG
..............
403,013‌
50,000‌
Deutsche
Telekom
AG,
ADR
..........
1,007,500‌
14,000‌
Elisa
Oyj
.......................
869,875‌
2,000‌
Freenet
AG
......................
52,427‌
3,605‌
Hellenic
Telecommunications
Organization
SA
..........................
67,732‌
4,000‌
Itissalat
Al-Maghrib
................
63,014‌
50,000‌
Koninklijke
KPN
NV
................
157,246‌
62,000‌
Liberty
Latin
America
Ltd.,
Cl. A†
......
810,960‌
92,909‌
Liberty
Latin
America
Ltd.,
Cl. C†
......
1,218,966‌
45,000‌
Lumen
Technologies
Inc.
............
557,550‌
1,000‌
Magyar
Telekom
Telecommunications
plc,
ADR
.........................
6,770‌
89,285‌
Megacable
Holdings
SAB
de
CV
.......
272,031‌
20,000‌
Nippon
Telegraph
&
Telephone
Corp.
....
554,383‌
5,000‌
Oi
SA,
ADR†
.....................
1,450‌
9,000‌
Orange
SA,
ADR
..................
97,470‌
22,000‌
PLDT
Inc.,
ADR
..................
716,540‌
6,000‌
Rostelecom
PJSC,
ADR
.............
43,800‌
13,000‌
Shenandoah
Telecommunications
Co.
...
410,540‌
22,000‌
Swisscom
AG,
ADR
................
1,265,220‌
10,000‌
Telecom
Argentina
SA,
ADR
..........
49,500‌
315,000‌
Telecom
Italia
SpA
................
123,840‌
20,000‌
Telefonica
Brasil
SA,
ADR
...........
155,200‌
195,000‌
Telefonica
SA,
ADR
................
918,450‌
140,000‌
Telekom
Austria
AG
................
1,209,781‌
55,000‌
Telesites
SAB
de
CV†
...............
47,349‌
15,172‌
Telia
Co.
AB
.....................
62,607‌
6,000‌
Telkom
Indonesia
Persero
Tbk
PT,
ADR
..
152,400‌
2,400‌
Telstra
Corp.
Ltd.,
ADR
.............
33,936‌
350,000‌
VEON
Ltd.,
ADR†
.................
728,000‌
44,000‌
Verizon
Communications
Inc.
.........
2,376,440‌
14,433,990‌
Telecommunications:
Regional
 —
1.9%
123,000‌
Orange
Belgium
SA
................
2,766,904‌
90,500‌
Telephone
and
Data
Systems
Inc.
......
1,764,750‌
80,000‌
TELUS
Corp.
....................
1,756,800‌
6,288,454‌
Wireless
Communications
 —
3.4%
60,000‌
Altice
USA
Inc.,
Cl. A†
..............
1,243,200‌
3
The
Gabelli
Multimedia
Trust
Inc.
Schedule
of
Investments
(Continued)
—
September
30,
2021
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
(Continued)
DISTRIBUTION
COMPANIES
(Continued)
Wireless
Communications
(Continued)
55,000‌
America
Movil
SAB
de
CV,
Cl. L,
ADR
...
$
971,850‌
26,000‌
Anterix
Inc.†
.....................
1,578,200‌
389,058‌
Jasmine
International
PCL
...........
32,886‌
33,500‌
Millicom
International
Cellular
SA,
SDR†
.
1,217,257‌
19,000‌
Orascom
Investment
Holding,
GDR
.....
494‌
34,000‌
SK
Telecom
Co.
Ltd.,
ADR†
..........
1,023,400‌
30,500‌
T-Mobile
US
Inc.†
.................
3,896,680‌
19,000‌
Turkcell
Iletisim
Hizmetleri
A/S,
ADR
....
82,650‌
32,000‌
United
States
Cellular
Corp.†
.........
1,020,480‌
25,000‌
Vodafone
Group
plc,
ADR
...........
386,250‌
11,453,347‌
TOTAL
DISTRIBUTION
COMPANIES
...
181,997,120‌
COPYRIGHT/CREATIVITY
COMPANIES
 —
36.7%
Business
Services
 —
0.1%
5,000‌
Scientific
Games
Corp.†
............
415,350‌
Business
Services:
Advertising
 —
1.9%
1,000‌
Boston
Omaha
Corp.,
Cl. A†
..........
38,780‌
190,000‌
Clear
Channel
Outdoor
Holdings
Inc.†
...
514,900‌
9,000‌
comScore
Inc.†
..................
35,100‌
20,000‌
JCDecaux
SA†
...................
531,451‌
24,400‌
Lamar
Advertising
Co.,
Cl. A,
REIT
.....
2,768,180‌
10,820‌
Magnite
Inc.†
....................
302,960‌
15,000‌
Ocean
Outdoor
Ltd.†
...............
132,750‌
1,500‌
Publicis
Groupe
SA
................
101,228‌
4,000‌
Ströeer
SE
&
Co.
KGaA
.............
330,362‌
50,000‌
The
Interpublic
Group
of
Companies
Inc.
.
1,833,500‌
6,589,211‌
Computer
Hardware
 —
2.9%
61,400‌
Apple
Inc.
......................
8,688,100‌
10,000‌
Dell
Technologies
Inc.,
Cl. C†
.........
1,040,400‌
9,728,500‌
Computer
Software
and
Services
 —
10.4%
46,000‌
Activision
Blizzard
Inc.
..............
3,559,940‌
4,000‌
Actua
Corp.†(a)
..................
40‌
4,200‌
Alphabet
Inc.,
Cl. A†
...............
11,228,784‌
800‌
Alphabet
Inc.,
Cl. C†
...............
2,132,248‌
38,500‌
eBay
Inc.
.......................
2,682,295‌
28,700‌
Facebook
Inc.,
Cl. A†
...............
9,740,493‌
35,000‌
Hewlett
Packard
Enterprise
Co.
........
498,750‌
4,000‌
Match
Group
Inc.†
................
627,960‌
10,000‌
Microsoft
Corp.
..................
2,819,200‌
33,000‌
Momentive
Global
Inc.†
.............
646,800‌
300‌
Red
Violet
Inc.†
..................
7,743‌
32,000‌
Vimeo
Inc.†
.....................
939,840‌
34,884,093‌
Shares
Market
Value
Consumer
Products
 —
1.0%
2,000‌
Johnson
Outdoors
Inc.,
Cl. A
.........
$
211,600‌
2,000‌
Nintendo
Co.
Ltd.
.................
975,965‌
35,500‌
Nintendo
Co.
Ltd.,
ADR
.............
2,103,375‌
3,290,940‌
Consumer
Services
 —
0.1%
1,400‌
Marriott
Vacations
Worldwide
Corp.
....
220,262‌
Electronics
 —
6.2%
67,000‌
IMAX
Corp.†
....................
1,271,660‌
7,000‌
Intel
Corp.
......................
372,960‌
3,509‌
Koninklijke
Philips
NV
..............
155,940‌
29,036‌
Micro
Focus
International
plc,
ADR
.....
157,956‌
15,000‌
Resideo
Technologies
Inc.†
..........
371,850‌
169,000‌
Sony
Group
Corp.,
ADR
.............
18,688,020‌
21,018,386‌
Entertainment
 —
5.7%
35,000‌
CuriosityStream
Inc.†
..............
368,900‌
79,200‌
GMM
Grammy
Public
Co.
Ltd.†
.......
31,366‌
6,000‌
Lions
Gate
Entertainment
Corp.,
Cl. B†
..
78,000‌
9,900‌
Live
Nation
Entertainment
Inc.†
.......
902,187‌
41,000‌
Manchester
United
plc,
Cl. A
.........
794,170‌
800‌
Spotify
Technology
SA†
.............
180,272‌
17,176‌
STV
Group
plc
...................
85,629‌
120,000‌
Tencent
Music
Entertainment
Group,
ADR†
870,000‌
48,300‌
The
Marcus
Corp.†
................
842,835‌
34,500‌
The
Walt
Disney
Co.†
..............
5,836,365‌
32,000‌
Universal
Entertainment
Corp.†
.......
726,861‌
50,000‌
Universal
Music
Group
NV†
..........
1,338,763‌
74,000‌
ViacomCBS
Inc.,
Cl. A
..............
3,113,180‌
18,000‌
ViacomCBS
Inc.,
Cl. B
..............
711,180‌
125,000‌
Vivendi
SE
......................
1,578,976‌
25,200‌
Warner
Music
Group
Corp.,
Cl. A
......
1,077,048‌
13,000‌
World
Wrestling
Entertainment
Inc.,
Cl. A
731,380‌
19,267,112‌
Financial
Services
 —
0.1%
50,000‌
Waverley
Capital
Acquisition
Corp.
1†
...
493,000‌
Hotels
and
Gaming
 —
4.7%
58,000‌
Boyd
Gaming
Corp.†
...............
3,669,080‌
300‌
Caesars
Entertainment
Inc.†
..........
33,684‌
1,800‌
Churchill
Downs
Inc.
...............
432,144‌
63,000‌
Entain
plc†
......................
1,808,076‌
800‌
Flutter
Entertainment
plc†
...........
158,239‌
30,000‌
Full
House
Resorts
Inc.†
............
318,300‌
15,000‌
Golden
Entertainment
Inc.†
..........
736,350‌
4,200‌
Greek
Organization
of
Football
Prognostics
SA
..........................
65,094‌
80,000‌
International
Game
Technology
plc†
....
2,105,600‌
7,400‌
Las
Vegas
Sands
Corp.†
............
270,840‌
4
The
Gabelli
Multimedia
Trust
Inc.
Schedule
of
Investments
(Continued)
—
September
30,
2021
(Unaudited)
(a)
Security
is
valued
using
significant
unobservable
inputs
and
is
classified
as
Level
3
in
the
fair
value
hierarchy.
(b)
Security
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
This
security
may
be
resold
in
transactions
exempt
from
registration,
normally
to
qualified
institutional
buyers.
(c)
At
September
30,
2021,
the
Fund
held
an
investment
in
a
restricted
and
illiquid
security
amounting
to
$412,522
or
0.12%
of
total
investments,
which
was
valued
under
methods
approved
by
the
Board
of
Trustees
as
follows:
(d)
At
September
30,
2021,
$600,000
of
the
principal
amount
was
pledged
as
collateral
for
current
or
potential
holdings.
†
Non-income
producing
security.
Shares
Market
Value
COMMON
STOCKS
(Continued)
COPYRIGHT/CREATIVITY
COMPANIES
(Continued)
Hotels
and
Gaming
(Continued)
170,000‌
Mandarin
Oriental
International
Ltd.†
...
$
355,300‌
29,000‌
Melco
Resorts
&
Entertainment
Ltd.,
ADR†
296,960‌
22,000‌
MGM
China
Holdings
Ltd.†
..........
13,678‌
28,000‌
MGM
Resorts
International
..........
1,208,200‌
4,000‌
Penn
National
Gaming
Inc.†
..........
289,840‌
35,000‌
Ryman
Hospitality
Properties
Inc.,
REIT†
.
2,929,500‌
14,500‌
Wynn
Resorts
Ltd.†
...............
1,228,875‌
15,919,760‌
Publishing
 —
1.9%
20,000‌
Arnoldo
Mondadori
Editore
SpA†
......
41,932‌
974,000‌
Bangkok
Post
plc†
................
31,665‌
15,000‌
Barnes
&
Noble
Education
Inc.†
.......
149,850‌
1,700‌
Graham
Holdings
Co.,
Cl. B
..........
1,001,572‌
600‌
John
Wiley
&
Sons
Inc.,
Cl. B
.........
31,398‌
6,000‌
Lee
Enterprises
Inc.†
...............
135,840‌
35,000‌
Meredith
Corp.†
..................
1,949,500‌
5,263‌
Nation
International
Edutainment
PCL†
..
607‌
1,000,000‌
Nation
Multimedia
Group
Public
Co.
Ltd.†
9,753‌
27,000‌
News
Corp.,
Cl. A
.................
635,310‌
28,500‌
News
Corp.,
Cl. B
.................
662,055‌
6,779‌
Novus
Holdings
Ltd.
...............
1,058‌
220,000‌
Singapore
Press
Holdings
Ltd.
........
317,573‌
63,000‌
The
E.W.
Scripps
Co.,
Cl. A
..........
1,137,780‌
1,800‌
Wolters
Kluwer
NV
................
190,947‌
6,296,840‌
Real
Estate
 —
1.7%
4,500‌
Equinix
Inc.,
REIT
.................
3,555,585‌
82,000‌
Outfront
Media
Inc.,
REIT
...........
2,066,400‌
5,621,985‌
TOTAL
COPYRIGHT/CREATIVITY
COMPANIES
..................
123,745,439‌
TOTAL
COMMON
STOCKS
.........
305,742,559‌
CLOSED-END
FUNDS
 —
0.0%
8,000‌
Altaba
Inc.,
Escrow†
...............
52,600‌
PREFERRED
STOCKS
 —
0.3%
DISTRIBUTION
COMPANIES
 —
0.3%
Broadcasting
 —
0.0%
5,500‌
Liberty
Broadband
Corp.,
Ser.
A,
7.000%
.
153,175‌
Consumer
Services
 —
0.3%
8,000‌
Qurate
Retail
Inc.,
8.000%,
03/15/31
....
865,200‌
TOTAL
DISTRIBUTION
COMPANIES
...
1,018,375‌
TOTAL
PREFERRED
STOCKS
........
1,018,375‌
Shares
Market
Value
RIGHTS
 —
0.0%
DISTRIBUTION
COMPANIES
 —
0.0%
Broadcasting
 —
0.0%
14,000‌
Media
General
Inc.,
CVR†(a)
.........
$
0‌
Entertainment
 —
0.0%
85,000‌
Borussia
Dortmund
GmbH
&
Co.
KGaA,
expire
10/06/21†
................
1,674‌
TOTAL
DISTRIBUTION
COMPANIES
...
1,674‌
TOTAL
RIGHTS
................
1,674‌
WARRANTS
 —
0.0%
DISTRIBUTION
COMPANIES
 —
0.0%
Financial
Services
 —
0.0%
25,000‌
Spartacus
Acquisition
Corp.,
expire
10/31/27†
.....................
40,000‌
Real
Estate
 —
0.0%
600‌
Malaysian
Resources
Corp.
Berhad,
expire
10/29/27†
.....................
12‌
TOTAL
DISTRIBUTION
COMPANIES
...
40,012‌
TOTAL
WARRANTS
..............
40,012‌
Principal
Amount
U.S.
GOVERNMENT
OBLIGATIONS
 —
8.9%
$
29,815,000‌
U.S.
Treasury
Bills,
0.017%
to
0.050%††,
10/07/21
to
03/24/22(d)
...................
29,813,141‌
TOTAL
INVESTMENTS
—
100.0%
....
(Cost
$257,520,127)
.............
$
336,668,361‌
Acquisition
Shares
Issuer
Acquisition
Date
Acquisition
Cost
09/30/21
Carrying
Value
Per
Share
550,000
Wow
Unlimited
Media
Inc.
........
05/05/18
-
10/01/19
$535,492
$0.7500
5
The
Gabelli
Multimedia
Trust
Inc.
Schedule
of
Investments
(Continued)
—
September
30,
2021
(Unaudited)
††
Represents
annualized
yields
at
dates
of
purchase.
ADR
American
Depositary
Receipt
CVR
Contingent
Value
Right
GDR
Global
Depositary
Receipt
REIT
Real
Estate
Investment
Trust
SDR
Swedish
Depositary
Receipt
Geographic
Diversification
%
of
Total
Investments
Market
Value
North
America
......................
77.7‌
%
$
261,501,432‌
Europe
..............................
10.9‌
36,554,458‌
Japan
...............................
7.1‌
23,952,006‌
Latin
America
.......................
2.0‌
6,752,343‌
Asia/Pacific
.........................
1.2‌
4,218,948‌
South
Africa
.........................
1.1‌
3,624,167‌
Africa/Middle
East
...................
0.0‌
*
65,007‌
Total
Investments
...................
100.0‌%
$
336,668,361‌
*
Amount
represents
less
than
0.05%.