NPORT-EX 2 GB14GB033122.htm

1

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

—

March

31,

2022

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

 —

93.4%

DISTRIBUTION

COMPANIES

 —

54.6%

Broadcasting

 —

8.8%

10,000‌

Asahi

Broadcasting

Group

Holdings

Corp.

$

58,650‌

19,893‌

Beasley

Broadcast

Group

Inc.,

Cl. A†

....

35,012‌

6,400‌

Chubu-Nippon

Broadcasting

Co.

Ltd.

...

28,967‌

17,500‌

Cogeco

Inc.

.....................

1,078,991‌

35,000‌

Corus

Entertainment

Inc.,

OTC,

Cl. B

....

138,250‌

230,000‌

Corus

Entertainment

Inc.,

Toronto,

Cl. B

.

905,171‌

30,000‌

Discovery

Inc.,

Cl. A†

..............

747,600‌

138,000‌

Discovery

Inc.,

Cl. C†

..............

3,445,860‌

30,000‌

Fox

Corp.,

Cl. A

...................

1,183,500‌

28,000‌

Fox

Corp.,

Cl. B

...................

1,015,840‌

81,000‌

Grupo

Radio

Centro

SAB

de

CV,

Cl. A†

..

14,620‌

30,000‌

iHeartMedia

Inc.,

Cl. A†

.............

567,900‌

15,000‌

Informa

plc†

....................

118,583‌

285,000‌

ITV

plc†

........................

306,700‌

4,000‌

Lagardere

SA†

...................

112,129‌

8,000‌

Liberty

Broadband

Corp.,

Cl. A†

.......

1,048,480‌

39,800‌

Liberty

Broadband

Corp.,

Cl. C†

.......

5,385,736‌

19,000‌

Liberty

Media

Corp.-

Liberty

SiriusXM,

Cl. A†

...........

868,490‌

86,361‌

Liberty

Media

Corp.-

Liberty

SiriusXM,

Cl. C†

...........

3,949,289‌

68,566‌

Media

Prima

Berhad†

..............

10,355‌

4,000‌

Nexstar

Media

Group

Inc.,

Cl. A

.......

753,920‌

25,000‌

Nippon

Television

Holdings

Inc.

.......

261,623‌

4,000‌

NRJ

Group

......................

29,028‌

3,000‌

RTL

Group

SA

...................

167,265‌

92,000‌

Sinclair

Broadcast

Group

Inc.,

Cl. A

.....

2,577,840‌

33,000‌

TBS

Holdings

Inc.

.................

484,401‌

31,000‌

TEGNA

Inc.

.....................

694,400‌

30,000‌

Television

Broadcasts

Ltd.†

..........

17,234‌

22,000‌

Television

Francaise

1

..............

214,413‌

240,000‌

TV

Azteca

SAB

de

CV†

..............

11,946‌

26,232,193‌

Business

Services

 —

1.7%

6,000‌

Carlisle

Support

Sevices

Group

Ltd.†(a)

.

630‌

4,000‌

Fluent

Inc.†

.....................

8,320‌

6,000‌

Impellam

Group

plc†

...............

33,104‌

12,500‌

S&P

Global

Inc.

..................

5,127,250‌

5,169,304‌

Cable

 —

9.8%

16,000‌

AMC

Networks

Inc.,

Cl. A†

...........

650,080‌

300‌

Cable

One

Inc.

...................

439,272‌

3,800‌

Charter

Communications

Inc.,

Cl. A†

....

2,072,976‌

35,000‌

Cogeco

Communications

Inc.

.........

2,897,092‌

128,000‌

Comcast

Corp.,

Cl. A

...............

5,992,960‌

46,000‌

Liberty

Global

plc,

Cl. A†

............

1,173,460‌

205,177‌

Liberty

Global

plc,

Cl. C†

............

5,316,136‌

19,400‌

MultiChoice

Group

................

174,889‌

Shares

Market

Value

100,000‌

Rogers

Communications

Inc.,

New

York,

Cl. B

.........................

$

5,675,000‌

90,000‌

Shaw

Communications

Inc.,

New

York,

Cl. B

.........................

2,793,600‌

4,000‌

Telenet

Group

Holding

NV

...........

129,299‌

105,000‌

WideOpenWest

Inc.†

...............

1,831,200‌

29,145,964‌

Computer

Software

and

Services

 —

0.5%

1,000‌

Sciplay

Corp.,

Cl. A†

...............

12,920‌

25,000‌

SolarWinds

Corp.

.................

332,750‌

2,000‌

Tencent

Holdings

Ltd.

..............

95,541‌

5,000‌

Zoom

Video

Communications

Inc.,

Cl. A†

586,150‌

20,000‌

Zuora

Inc.,

Cl. A†

.................

299,600‌

1,326,961‌

Consumer

Services

 —

1.2%

50,000‌

Bollore

SE

......................

262,956‌

150‌

Cie

de

L'Odet

SE

..................

184,190‌

800‌

Expedia

Group

Inc.†

...............

156,536‌

26,000‌

IAC/InterActiveCorp.†

..............

2,607,280‌

95‌

JD.com

Inc.,

Cl. A†

................

2,838‌

140,000‌

Liberty

TripAdvisor

Holdings

Inc.,

Cl. A†

.

287,000‌

3,500,800‌

Diversified

Industrial

 —

0.3%

27,000‌

Bouygues

SA

....................

944,748‌

6,000‌

Malaysian

Resources

Corp.

Berhad

.....

521‌

945,269‌

Entertainment

 —

11.6%

102,000‌

Borussia

Dortmund

GmbH

&

Co.

KGaA†

.

457,218‌

24,000‌

GAN

Ltd.†

......................

115,680‌

480,000‌

Grupo

Televisa

SAB,

ADR

............

5,616,000‌

170,500‌

Liberty

Media

Acquisition

Corp.†

......

1,710,115‌

50,000‌

Liberty

Media

Corp.-

Liberty

Braves,

Cl. A†

.............

1,439,000‌

115,000‌

Liberty

Media

Corp.-

Liberty

Braves,

Cl. C†

.............

3,209,650‌

8,000‌

Liberty

Media

Corp.-

Liberty

Formula

One,

Cl. A†

........

505,040‌

32,000‌

Liberty

Media

Corp.-

Liberty

Formula

One,

Cl. C†

........

2,234,880‌

4,000‌

M6

Metropole

Television

SA

..........

79,119‌

40,020‌

Madison

Square

Garden

Entertainment

Corp.†

.......................

3,334,066‌

29,500‌

Madison

Square

Garden

Sports

Corp.†

..

5,291,120‌

21,000‌

Naspers

Ltd.,

Cl. N

................

2,391,550‌

7,000‌

Netflix

Inc.†

.....................

2,622,130‌

5,000‌

Pinterest

Inc.,

Cl. A†

...............

123,050‌

25,000‌

Reading

International

Inc.,

Cl. A†

......

107,000‌

8,000‌

Reading

International

Inc.,

Cl. B†

......

152,000‌

3,500‌

Roku

Inc.†

......................

438,445‌

50,000‌

Sirius

XM

Holdings

Inc.

.............

331,000‌

2

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

(Continued)

—

March

31,

2022

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

(Continued)

DISTRIBUTION

COMPANIES

(Continued)

Entertainment

(Continued)

23,200‌

Take-Two

Interactive

Software

Inc.†

....

$

3,566,768‌

550,000‌

Wow

Unlimited

Media

Inc.†(b)

........

646,722‌

34,370,553‌

Equipment

 —

1.4%

7,200‌

Amphenol

Corp.,

Cl. A

..............

542,520‌

57,000‌

Corning

Inc.

.....................

2,103,870‌

35,000‌

Flex

Ltd.†

.......................

649,250‌

5,700‌

QUALCOMM

Inc.

.................

871,074‌

4,166,714‌

Financial

Services

 —

2.3%

15,000‌

Caribbean

Investment

Holdings

Ltd.†

...

5,222‌

5,000‌

Conx

Corp.†

.....................

49,900‌

75,000‌

Counter

Press

Acquisition

Corp.†

......

756,000‌

2,000‌

Jardine

Matheson

Holdings

Ltd.

.......

110,000‌

34,500‌

Kinnevik

AB,

Cl. A†

................

931,996‌

25,000‌

Kinnevik

AB,

Cl. B†

................

658,077‌

5,000‌

LendingTree

Inc.†

.................

598,350‌

95,000‌

Orascom

Financial

Holding

SAE†

......

935‌

26,000‌

PayPal

Holdings

Inc.†

..............

3,006,900‌

50,000‌

Trine

II

Acquisition

Corp.†

...........

504,750‌

9,000‌

VNV

Global

AB†

..................

48,195‌

14,000‌

Waterloo

Investment

Holdings

Ltd.†(a)

..

7,000‌

6,677,325‌

Food

and

Beverage

 —

0.4%

2,400‌

Pernod

Ricard

SA

.................

529,141‌

2,500‌

Remy

Cointreau

SA

................

517,172‌

1,046,313‌

Information

Technology

 —

0.5%

27,500‌

Prosus

NV

......................

1,477,743‌

Real

Estate

 —

1.7%

13,000‌

American

Tower

Corp.,

REIT

..........

3,265,860‌

3,000‌

Crown

Castle

International

Corp.,

REIT

..

553,800‌

5,500‌

Digital

Realty

Trust

Inc.,

REIT

.........

779,900‌

15,000‌

Midway

Investments†(a)

............

197‌

40,000‌

Radius

Global

Infrastructure

Inc.,

Cl. A†

.

571,200‌

5,170,957‌

Retail

 —

0.8%

450‌

Amazon.com

Inc.†

................

1,466,977‌

1,000‌

Best

Buy

Co.

Inc.

.................

90,900‌

183,000‌

Qurate

Retail

Inc.,

Cl. A

.............

871,080‌

2,428,957‌

Satellite

 —

2.1%

105,000‌

DISH

Network

Corp.,

Cl. A†

..........

3,323,250‌

100,000‌

EchoStar

Corp.,

Cl. A†

..............

2,434,000‌

10,000‌

Iridium

Communications

Inc.†

........

403,200‌

Shares

Market

Value

250,000‌

PT

Indosat

Tbk

...................

$

90,078‌

3,000‌

SKY

Perfect

JSAT

Holdings

Inc.

.......

10,202‌

6,260,730‌

Telecommunications:

Long

Distance

 —

1.4%

55,000‌

AT&T

Inc.

.......................

1,299,650‌

15,000‌

BCE

Inc.

........................

831,500‌

109,000‌

Telesat

Corp.†

...................

1,798,500‌

4,203‌

TIM

SA,

ADR

....................

60,944‌

3,990,594‌

Telecommunications:

National

 —

4.5%

20,000‌

Deutsche

Telekom

AG

..............

374,621‌

50,000‌

Deutsche

Telekom

AG,

ADR

..........

931,000‌

14,000‌

Elisa

Oyj

.......................

845,927‌

2,000‌

Freenet

AG

......................

53,764‌

3,605‌

Hellenic

Telecommunications

Organization

SA

..........................

65,404‌

5,000‌

Itissalat

Al-Maghrib

................

66,928‌

50,000‌

Koninklijke

KPN

NV

................

173,847‌

75,000‌

Liberty

Latin

America

Ltd.,

Cl. A†

......

727,500‌

79,036‌

Liberty

Latin

America

Ltd.,

Cl. C†

......

757,955‌

45,000‌

Lumen

Technologies

Inc.

............

507,150‌

1,000‌

Magyar

Telekom

Telecommunications

plc,

ADR

.........................

6,288‌

128,000‌

Megacable

Holdings

SAB

de

CV

.......

386,124‌

20,000‌

Nippon

Telegraph

&

Telephone

Corp.

....

582,389‌

5,000‌

Oi

SA,

ADR†

.....................

1,131‌

9,000‌

Orange

SA,

ADR

..................

106,380‌

22,000‌

PLDT

Inc.,

ADR

..................

773,080‌

6,000‌

Rostelecom

PJSC

,

ADR(a)

...........

0‌

20,000‌

Shenandoah

Telecommunications

Co.

...

471,600‌

22,000‌

Swisscom

AG,

ADR

................

1,331,660‌

10,000‌

Telecom

Argentina

SA,

ADR

..........

60,100‌

330,000‌

Telecom

Italia

SpA

................

121,748‌

20,000‌

Telefonica

Brasil

SA,

ADR

...........

225,000‌

195,000‌

Telefonica

SA,

ADR

................

936,000‌

140,000‌

Telekom

Austria

AG

................

1,084,125‌

15,172‌

Telia

Co.

AB

.....................

60,898‌

6,000‌

Telkom

Indonesia

Persero

Tbk

PT,

ADR

..

191,700‌

2,400‌

Telstra

Corp.

Ltd.,

ADR

.............

35,400‌

350,000‌

VEON

Ltd.,

ADR†

.................

238,980‌

44,000‌

Verizon

Communications

Inc.

.........

2,241,360‌

13,358,059‌

Telecommunications:

Regional

 —

2.1%

120,000‌

Orange

Belgium

SA

................

2,548,800‌

90,500‌

Telephone

and

Data

Systems

Inc.

......

1,708,640‌

80,000‌

TELUS

Corp.

....................

2,091,200‌

6,348,640‌

Wireless

Communications

 —

3.5%

60,000‌

Altice

USA

Inc.,

Cl. A†

..............

748,800‌

55,000‌

America

Movil

SAB

de

CV,

Cl. L,

ADR

...

1,163,250‌

3

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

(Continued)

—

March

31,

2022

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

(Continued)

DISTRIBUTION

COMPANIES

(Continued)

Wireless

Communications

(Continued)

26,000‌

Anterix

Inc.†

.....................

$

1,505,400‌

389,058‌

Jasmine

International

PCL†(a)

........

47,740‌

34,500‌

Millicom

International

Cellular

SA,

SDR†

.

876,957‌

55,000‌

Operadora

de

Sites

Mexicanos

SA

de

CV,

REIT

.........................

70,098‌

19,000‌

Orascom

Investment

Holding,

GDR†

....

494‌

20,650‌

SK

Telecom

Co.

Ltd.,

ADR

...........

529,260‌

30,500‌

T-Mobile

US

Inc.†

.................

3,914,675‌

19,000‌

Turkcell

Iletisim

Hizmetleri

A/S,

ADR

....

73,910‌

32,000‌

United

States

Cellular

Corp.†

.........

967,360‌

25,000‌

Vodafone

Group

plc,

ADR

...........

415,500‌

10,313,444‌

TOTAL

DISTRIBUTION

COMPANIES

...

161,930,520‌

COPYRIGHT/CREATIVITY

COMPANIES

 —

38.8%

Business

Services

 —

0.1%

5,000‌

Scientific

Games

Corp.†

............

293,750‌

Business

Services:

Advertising

 —

2.2%

1,000‌

Boston

Omaha

Corp.,

Cl. A†

..........

25,370‌

190,000‌

Clear

Channel

Outdoor

Holdings

Inc.†

...

657,400‌

9,000‌

comScore

Inc.†

..................

26,190‌

20,000‌

JCDecaux

SA†

...................

473,918‌

24,400‌

Lamar

Advertising

Co.,

Cl. A,

REIT

.....

2,834,792‌

10,820‌

Magnite

Inc.†

....................

142,932‌

15,000‌

Ocean

Outdoor

Ltd.†

...............

137,250‌

1,500‌

Publicis

Groupe

SA

................

91,697‌

4,000‌

Ströeer

SE

&

Co.

KGaA

.............

277,005‌

50,000‌

The

Interpublic

Group

of

Companies

Inc.

.

1,772,500‌

6,439,054‌

Computer

Hardware

 —

3.3%

54,000‌

Apple

Inc.

......................

9,428,940‌

10,000‌

Dell

Technologies

Inc.,

Cl. C†

.........

501,900‌

9,930,840‌

Computer

Software

and

Services

 —

9.1%

25,000‌

Activision

Blizzard

Inc.

..............

2,002,750‌

4,000‌

Actua

Corp.†(a)

..................

40‌

3,600‌

Alphabet

Inc.,

Cl. A†

...............

10,012,860‌

800‌

Alphabet

Inc.,

Cl. C†

...............

2,234,392‌

32,000‌

eBay

Inc.

.......................

1,832,320‌

10,000‌

Mandiant

Inc.†

...................

223,100‌

2,000‌

Match

Group

Inc.†

................

217,480‌

31,600‌

Meta

Platforms

Inc.,

Cl. A†

..........

7,026,576‌

7,000‌

Microsoft

Corp.

..................

2,158,170‌

40,000‌

Momentive

Global

Inc.†

.............

650,400‌

300‌

Red

Violet

Inc.†

..................

8,550‌

17,000‌

Vimeo

Inc.†

.....................

201,960‌

Shares

Market

Value

4,406‌

VMware

Inc.,

Cl. A

................

$

501,711‌

27,070,309‌

Consumer

Products

 —

1.3%

5,500‌

Johnson

Outdoors

Inc.,

Cl. A

.........

427,515‌

2,000‌

Nintendo

Co.

Ltd.

.................

1,013,143‌

38,000‌

Nintendo

Co.

Ltd.,

ADR

.............

2,390,580‌

3,831,238‌

Consumer

Services

 —

0.1%

1,400‌

Marriott

Vacations

Worldwide

Corp.

....

220,780‌

Electronics

 —

6.5%

87,000‌

IMAX

Corp.†

....................

1,646,910‌

8,000‌

Intel

Corp.

......................

396,480‌

3,509‌

Koninklijke

Philips

NV

..............

107,130‌

19,036‌

Micro

Focus

International

plc,

ADR

.....

100,891‌

15,000‌

Resideo

Technologies

Inc.†

..........

357,450‌

162,500‌

Sony

Group

Corp.,

ADR

.............

16,690,375‌

19,299,236‌

Entertainment

 —

7.6%

15,000‌

CuriosityStream

Inc.†

..............

43,500‌

79,200‌

GMM

Grammy

Public

Co.

Ltd.†

.......

27,392‌

20,000‌

IMAX

China

Holding

Inc.

............

24,000‌

6,000‌

Lions

Gate

Entertainment

Corp.,

Cl. B†

..

90,180‌

8,700‌

Live

Nation

Entertainment

Inc.†

.......

1,023,468‌

44,000‌

Manchester

United

plc,

Cl. A

.........

636,680‌

74,000‌

Paramount

Global,

Cl. A

.............

2,990,340‌

70,000‌

Paramount

Global,

Cl. B

.............

2,646,700‌

1,600‌

Spotify

Technology

SA†

.............

241,632‌

17,176‌

STV

Group

plc

...................

70,397‌

130,000‌

Tencent

Music

Entertainment

Group,

ADR†

633,100‌

50,000‌

The

Marcus

Corp.†

................

885,000‌

33,000‌

The

Walt

Disney

Co.†

..............

4,526,280‌

27,000‌

Ubisoft

Entertainment

SA†

...........

1,193,257‌

30,000‌

Universal

Entertainment

Corp.†

.......

674,717‌

50,000‌

Universal

Music

Group

NV

...........

1,338,286‌

290,000‌

Vivendi

SE

......................

3,798,420‌

25,200‌

Warner

Music

Group

Corp.,

Cl. A

......

953,820‌

13,000‌

World

Wrestling

Entertainment

Inc.,

Cl. A

811,720‌

22,608,889‌

Financial

Services

 —

0.2%

50,000‌

Waverley

Capital

Acquisition

Corp.

1†

...

489,750‌

Hotels

and

Gaming

 —

4.8%

43,500‌

Boyd

Gaming

Corp.

................

2,861,430‌

800‌

Caesars

Entertainment

Inc.†

..........

61,888‌

1,600‌

Churchill

Downs

Inc.

...............

354,848‌

63,000‌

Entain

plc†

......................

1,360,160‌

2,000‌

Flutter

Entertainment

plc†

...........

233,304‌

30,000‌

Full

House

Resorts

Inc.†

............

288,300‌

15,000‌

Golden

Entertainment

Inc.†

..........

871,050‌

4

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

(Continued)

—

March

31,

2022

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

(Continued)

COPYRIGHT/CREATIVITY

COMPANIES

(Continued)

Hotels

and

Gaming

(Continued)

4,200‌

Greek

Organization

of

Football

Prognostics

SA

..........................

$

61,330‌

80,000‌

International

Game

Technology

plc

.....

1,974,400‌

6,000‌

Las

Vegas

Sands

Corp.†

............

233,220‌

170,000‌

Mandarin

Oriental

International

Ltd.†

...

340,000‌

29,000‌

Melco

Resorts

&

Entertainment

Ltd.,

ADR†

221,560‌

40,000‌

MGM

China

Holdings

Ltd.†

..........

25,481‌

23,000‌

MGM

Resorts

International

..........

964,620‌

4,000‌

Penn

National

Gaming

Inc.†

..........

169,680‌

33,100‌

Ryman

Hospitality

Properties

Inc.,

REIT†

.

3,070,687‌

14,000‌

Wynn

Resorts

Ltd.†

...............

1,116,360‌

14,208,318‌

Publishing

 —

1.7%

20,000‌

Arnoldo

Mondadori

Editore

SpA†

......

44,250‌

974,000‌

Bangkok

Post

plc†

................

32,223‌

15,000‌

Barnes

&

Noble

Education

Inc.†

.......

53,700‌

2,700‌

Graham

Holdings

Co.,

Cl. B

..........

1,650,969‌

400‌

John

Wiley

&

Sons

Inc.,

Cl. B

.........

21,272‌

7,800‌

Lee

Enterprises

Inc.†

...............

209,976‌

5,263‌

Nation

International

Edutainment

PCL†

..

769‌

1,000,000‌

Nation

Multimedia

Group

Public

Co.

Ltd.†

8,120‌

27,000‌

News

Corp.,

Cl. A

.................

598,050‌

28,500‌

News

Corp.,

Cl. B

.................

641,820‌

6,779‌

Novus

Holdings

Ltd.

...............

947‌

220,000‌

Singapore

Press

Holdings

Ltd.

........

381,451‌

63,000‌

The

E.W.

Scripps

Co.,

Cl. A†

..........

1,309,770‌

1,800‌

Wolters

Kluwer

NV

................

192,315‌

5,145,632‌

Real

Estate

 —

1

.9%

4,500‌

Equinix

Inc.,

REIT

.................

3,337,290‌

82,000‌

Outfront

Media

Inc.,

REIT

...........

2,331,260‌

5,668,550‌

TOTAL

COPYRIGHT/CREATIVITY

COMPANIES

..................

115,206,346‌

TOTAL

COMMON

STOCKS

.........

277,136,866‌

CLOSED-END

FUNDS

 —

0.0%

8,000‌

Altaba

Inc.,

Escrow†

...............

46,600‌

PREFERRED

STOCKS

 —

0.3%

DISTRIBUTION

COMPANIES

 —

0.3%

Broadcasting

 —

0.0%

5,500‌

Liberty

Broadband

Corp.

,

Ser.

A,

7.000%

.

149,325‌

Shares

Market

Value

Retail

 —

0.3%

9,000‌

Qurate

Retail

Inc.,

8.000%,

03/15/31

....

$

774,090‌

TOTAL

DISTRIBUTION

COMPANIES

...

923,415‌

TOTAL

PREFERRED

STOCKS

........

923,415‌

RIGHTS

 —

0.0%

DISTRIBUTION

COMPANIES

 —

0.0%

Broadcasting

 —

0.0%

14,000‌

Media

General

Inc.,

CVR†(a)

.........

0‌

WARRANTS

 —

0.0%

DISTRIBUTION

COMPANIES

 —

0.0%

Real

Estate

 —

0.0%

600‌

Malaysian

Resources

Corp.

Berhad,

expire

10/29/27†

.....................

11‌

Principal

Amount

U.S.

GOVERNMENT

OBLIGATIONS

 —

6.3%

$

18,620,000‌

U.S.

Treasury

Bills,

0.070%

to

0.497%††,

05/12/22

to

06/23/22

......................

18,610,443‌

TOTAL

INVESTMENTS

—

100.0%

....

(Cost

$251,181,076)

.............

$

296,717,335‌

(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.

†

Non-income

producing

security.

††

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

5

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

(Continued)

—

March

31,

2022

(Unaudited)

Geographic

Diversification

%

of

Total

Investments

Market

Value

North

America

......................

76.2‌

%

$

226,256,347‌

Europe

..............................

11.6‌

34,410,911‌

Japan

...............................

7.5‌

22,195,046‌

Latin

America

.......................

2.6‌

7,646,915‌

Asia/Pacific

.........................

1.2‌

3,572,374‌

South

Africa

.........................

0.9‌

2,567,385‌

Africa/Middle

East

...................

0.0‌

*

68,357‌

Total

Investments

...................

100.0‌%

$

296,717,335‌

*

Amount

represents

less

than

0.05%.