Gabelli Multimedia Trust Inc.

Frequently Asked Questions About GGT

What does GGT invest in?

The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It invests in stocks, convertible securities, preferred stock, options, and warrants of companies operating across global telecommunications, media, publishing, and entertainment industries. The fund also invests in companies participating in emerging technological advances in interactive services and products. It invests in stocks of companies across market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index and MSCI World Free Index. It was formerly known as Gabelli Global Multimedia Trust Inc. The Gabelli Multimedia Trust Inc. was formed on November 15, 1994 and is domiciled in the United States.

What is the expense ratio of GGT?

Gabelli Multimedia Trust Inc. (GGT) charges an expense ratio of 2.12%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GGT?

Gabelli Multimedia Trust Inc. (GGT) manages $168.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is GGT actively managed or an index fund?

GGT is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (GGT's is 2.12%) because there's no security selection cost.

When was GGT launched?

Gabelli Multimedia Trust Inc. (GGT) launched in October 1994 and is managed by the fund issuer.

How has GGT performed?

GGT's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.