GGT: 4 Reasons To Avoid This CEF [Seeking Alpha]
Gabelli Multi-Media Trust, Inc. (The) (GGT)
US:NYSE Investor Relations:
gabelli.com/funds/products/-112.html
Company Research
Source: Seeking Alpha
GGT's 2.2% expense ratio far exceeds passive alternatives like XLC and VOX, yet its active management and leverage have not delivered superior performance. GGT's highly diversified portfolio dilutes conviction in top ideas, contrasting with more concentrated, better-performing sector ETFs like VOX. Despite underperformance and illiquidity, GGT trades at a 7% premium to NAV, I believe a discount is more appropriate going forward. Jonathan Kitchen/DigitalVision via Getty Images The Gabelli Multimedia Trust Inc. ( GGT ) is a CEF that seeks to provide long-term growth by investing in the telecommunications, media, publishing, and entertainment industries. GGT was formed in November 1994, uses leverage (roughly 33% leverage ratio This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it ex
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News
- Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions NAV Total Return of 33% Year to Date [Yahoo! Finance]Yahoo! Finance
- Gabelli Multimedia Trust Reinforces Maintenance of $0.88 Per Share Annual Distribution Continues Monthly Distributions NAV Total Return of 33% Year to DateGlobeNewswire
GGT
Sec Filings
- 12/1/25 - Form NPORT-P
- 10/28/25 - Form 4
- 10/14/25 - Form 8-K
- GGT's page on the SEC website