Fund Description: The Gabelli Multimedia Trust, Inc. is an exchange-traded closed-end fund or a closed-end ETF which is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Gabelli Multimedia Trust, Inc. seeks long-term growth of capital, with income as a secondary objective. FUND STRATEGY: The Fund will invest at least 80% of its assets in common stock and other securities, including convertible securities, preferred stock, options, and warrants of companies in the telecommunications, media, publishing, and entertainment industries (the 80% Policy). The Fund may invest up to 15% of its net assets in securities for which the markets are illiquid. FUND MANAGEMENT: Gabelli Funds, LLC serves as Investment Adviser to the Fund.