Gabelli Multimedia:GGT

    Manage Alerts

    Overview

    As of 6/29/2022

     Share
    Price
    NAVPremium/
    Discount
    Current$7.32$5.0245.82%
    52 Wk Avg$8.96$7.9314.32%
    52 Wk High$11.59$9.4252.35%
    52 Wk Low$6.60$4.722.22%
    Regular Distribution TypeIncome Only
    Distribution Rate12.02%
    Distribution Amount$0.2200
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The primary objective is to achieve long-term capital growth through investment in global multimedia stocks, with income growth as a secondary objective. The Fund seeks opportunities for long-term growth by investing in the global telecommunications, media, publishing and entertainment industries. Also the Fund will invest in companies participating in emerging technological advances in interactive services and products.

    Capital Structure

    As of 6/29/2022

    Total Investment Exposure:$237.936M
    Total Common Assets:$138.013M
    Common Shares Outstanding:27,492,720
    Leverage

    As of 6/29/2022

    Preferred Share Assets: $99.923M
    Total Debt (USD):
    Regulatory Leverage (USD): $99.923M
    Effective Leverage (USD): $99.923M
    Effective Leverage (%): 42.00%
    Annual Expense Ratios

    As of 12/31/2021

      Per Common Share
    Management Fees1.01%
    Other Expenses:0.72%
    Baseline Expense: N/A
    Interest Expense:0.00%
    Total: 1.73%
    Fund Management

    Fund Sponsor
    Gabelli

    Portfolio Managers
    Christopher Marangi, Mario J. Gabelli

    Basics
    Category: Equity-Sector Equity
    Ticker: GGT
    NAV Ticker: XGGTX
    Average Daily Volume (shares): 66,330
    Average Daily Volume (USD): $0.589M
    Inception Date: 11/15/1994
    Inception Share Price: $7.50
    Inception NAV: $7.50
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 6/29/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2021
    -$0.1385
    Annualized Distribution Rate on NAV:
    As of 6/29/2022
    17.53%
    Total Return on NAV (12 months):
    As of 6/29/2022
    -27.89%
    Total % Portfolio Effectively Leveraged:
    As of 6/29/2022
    42.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/30/2022

    PeriodAvg Discount
    6 Month20.30%
    1 Year14.32%
    3 Year7.75%
    5 Year5.18%
    Z-Score

    As of 6/29/2022

    PeriodZStat
    3 Month1.68
    6 Month1.81
    1 Year2.50
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2022
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-4.67%-23.85%-3.70%-2.11%
    202119.74%11.74%22.39%17.58%
    202013.91%18.58%5.15%5.71%
    201926.79%25.86%26.64%22.38%
    2018-15.09%-16.54%-12.35%-9.96%
    201740.46%26.50%18.18%12.88%
    20168.06%7.59%17.45%14.67%
    2015-16.33%-5.57%-15.98%-12.75%
    2014-10.55%-0.25%5.16%4.65%
    201373.70%45.77%16.34%17.44%
    201240.63%21.67%12.53%11.75%
    2011-14.48%-9.48%-1.05%0.79%
    201034.30%28.18%20.02%17.83%
    200948.54%42.59%  
    2008-62.69%-60.00%  
    200711.23%7.29%  
    200628.06%25.92%  
    20050.74%0.83%  
    200417.75%16.19%  
    200341.72%37.68%  
    2002-28.59%-26.75%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2022
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 3/31/2022
    264
    Annual Portfolio Turnover:
    As of 12/31/2021
    17.00%
    Asset Allocation

    As of 3/31/2022

    Top Sectors

    As of 3/31/2022

    Sector%Portfolio
    Sensitive (Super Sector)76.30%
    Communication Services62.02%
    Cyclical (Super Sector)16.16%
    Technology13.64%
    Cash Equivalents (Super Sector)6.28%
    Cash Equivalents6.28%
    Consumer Cyclical5.88%
    Real Estate5.58%
    Financial Services4.70%
    Defensive (Super Sector)0.95%
    Top Holdings

    As of 3/31/2022

    HoldingValue% Portfolio
    Sony Group Corp ADR$16.69M5.62%
    United States Treasury Bills 0.07002%$12.58M4.24%
    Alphabet Inc Class A$10.01M3.37%
    Apple Inc$9.43M3.18%
    Meta Platforms Inc Class A$7.03M2.37%
    Comcast Corp Class A$5.99M2.02%
    Rogers Communications Inc Shs -B- Non-Voting$5.68M1.91%
    Grupo Televisa SAB ADR$5.62M1.89%
    Liberty Broadband Corp C$5.39M1.81%
    Liberty Global PLC C$5.32M1.79%
    Country Allocation

    As of 3/31/2022

    Country% Portfolio
    United States - Equity62.45%
    Japan - Equity7.48%
    Canada - Equity6.91%
    United Kingdom - Equity3.38%
    France - Equity2.88%
    Mexico - Equity2.45%
    Netherlands - Equity1.11%
    Belgium - Equity0.90%
    South Africa - Equity0.87%
    Germany - Equity0.76%
    Sweden - Equity0.57%
    Chile - Equity0.50%
    Singapore - Equity0.46%
    Switzerland - Equity0.45%
    Austria - Equity0.37%
    Spain - Equity0.32%
    Finland - Equity0.29%
    Philippines - Equity0.26%
    China - Equity0.25%
    South Korea - Equity0.18%
    Others - Equity0.11%
    Brazil - Equity0.10%
    Indonesia - Equity0.09%
    Russia - Equity0.08%
    Italy - Equity0.06%
    Greece - Equity0.04%
    Thailand - Equity0.04%
    Turkey - Equity0.02%
    Argentina - Equity0.02%
    Australia - Equity0.01%
    Hong Kong - Equity0.01%
    Malaysia - Equity0.00%
    Hungary - Equity0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X