The Gabelli Dividend & Income Trust (GDV) NPORT-P Gabelli Dividend & Income Trust (Mar 2021 report)

The Gabelli Dividend & Income Trust

Schedule of Investments — March 31, 2021 (Unaudited)

Shares			Market Value
		COMMON STOCKS — 96.0%
		Aerospace — 1.5%
	150,000	Aerojet Rocketdyne Holdings Inc.	$	7,044,000
	12,000	HEICO Corp.		1,509,600
	70,000	Howmet Aerospace Inc.†		2,249,100
	25,000	Kaman Corp.		1,282,250
	4,000	Raytheon Technologies Corp.		309,080
	69,000	Rockwell Automation Inc.		18,315,360
	1,240,000	Rolls-Royce Holdings plc†		1,800,066
	38,800	The Boeing Co.†		9,883,136
				42,392,592
		Agriculture — 0.0%
	5,000	Corteva Inc.		233,100
		Automotive — 0.7%
	50,000	Ford Motor Co.†		612,500
	83,000	General Motors Co.†		4,769,180
	152,000	Navistar International Corp.†		6,692,560
	74,000	PACCAR Inc.		6,876,080
	8,000	Traton SE		215,777
				19,166,097
		Automotive: Parts and Accessories — 2.2%
	48,676	Aptiv plc†		6,712,420
	237,932	Dana Inc.		5,788,886
	85,000	Garrett Motion Inc.†		441,150
	297,000	Genuine Parts Co.		34,330,230
	6,000	Lear Corp.		1,087,500
	20,000	O’Reilly Automotive Inc.†		10,145,000
	150,000	Tenneco Inc., Cl. A†		1,608,000
	7,000	Visteon Corp.†		853,650
				60,966,836
		Aviation: Parts and Services — 0.5%
	61,000	L3Harris Technologies Inc.		12,363,480
		Broadcasting — 0.8%
	57,121	Liberty Broadband Corp., Cl. C†		8,576,718
	15,000	Liberty Global plc, Cl. A†		384,900
	276,070	Liberty Global plc, Cl. C†		7,050,828
	100,000	Liberty Media Corp.-Liberty SiriusXM, Cl. C†		4,411,000
	40,000	MSG Networks Inc., Cl. A†		601,600
	72,000	Sinclair Broadcast Group Inc., Cl. A		2,106,720
				23,131,766
		Building and Construction — 1.6%
	13,000	Arcosa Inc.		846,170
	12,000	Carrier Global Corp.		506,640
	79,000	Fortune Brands Home & Security Inc.		7,569,780
	168,000	Herc Holdings Inc.†		17,023,440
	205,700	Johnson Controls International plc		12,274,119
	11,200	Sika AG		3,199,492

Shares			Market Value
	7,400	United Rentals Inc.†	$	2,436,894
				43,856,535
		Business Services — 3.3%
	20,000	Aramark		755,600
	49,000	Diebold Nixdorf Inc.†		692,370
	129,546	Fly Leasing Ltd., ADR†		2,182,850
	5,000	IHS Markit Ltd.		483,900
	7,500	Jardine Matheson Holdings Ltd.		490,425
	50,000	JCDecaux SA†		1,260,653
	555,000	Macquarie Infrastructure Corp.		17,654,550
	162,500	Mastercard Inc., Cl. A		57,858,125
	25,803	Steel Partners Holdings LP†		354,791
	25,000	Stericycle Inc.†		1,687,750
	28,600	Visa Inc., Cl. A		6,055,478
				89,476,492
		Cable and Satellite — 1.5%
	19,500	AMC Networks Inc., Cl. A†		1,036,620
	2,445	Charter Communications Inc., Cl. A†		1,508,614
	15,000	Cogeco Inc.		1,157,197
	408,000	Comcast Corp., Cl. A		22,076,880
	202,090	DISH Network Corp., Cl. A†		7,315,658
	58,000	EchoStar Corp., Cl. A†		1,392,000
	2,622	Liberty Latin America Ltd., Cl. A†		33,640
	53,621	Liberty Latin America Ltd., Cl. C†		696,001
	95,000	Rogers Communications Inc., Cl. B		4,379,500
	95,000	WideOpenWest Inc.†		1,291,050
				40,887,160
		Communications Equipment — 0.4%
	6,000	Arista Networks Inc.†		1,811,340
	76,000	Corning Inc.		3,306,760
	48,000	QUALCOMM Inc.		6,364,320
				11,482,420
		Computer Hardware — 1.0%
	199,600	Apple Inc.		24,381,140
	10,000	Desktop Metal Inc., Cl. A†		149,000
	17,500	Micron Technology Inc.†		1,543,675
				26,073,815
		Computer Software and Services — 6.6%
	11,000	Activision Blizzard Inc.		1,023,000
	18,800	Adobe Inc.†		8,936,956
	1,000	Alibaba Group Holding Ltd., ADR†		226,730
	4,439	Alphabet Inc., Cl. A†		9,155,526
	22,475	Alphabet Inc., Cl. C†		46,492,459
	7,895	Amazon.com Inc.†		24,427,762
	34,300	Applied Materials Inc.		4,582,480
	24,000	Black Knight Inc.†		1,775,760
	4,000	Check Point Software Technologies Ltd.†		447,880
	20,000	Cisco Systems Inc.		1,034,200
	51,000	Cloudflare Inc., Cl. A†		3,583,260

1

The Gabelli Dividend & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)

Shares			Market Value
		COMMON STOCKS (Continued)
		Computer Software and Services (Continued)
	24,000	CrowdStrike Holdings Inc., Cl. A†	$	4,380,240
	20,000	CyrusOne Inc., REIT		1,354,400
	30,000	eBay Inc.		1,837,200
	50,000	FireEye Inc.†		978,500
	550,000	Hewlett Packard Enterprise Co.		8,657,000
	1,000	McAfee Corp., Cl. A		22,740
	210,849	Microsoft Corp.		49,711,869
	4,000	MKS Instruments Inc.		741,680
	4,500	SAP SE, ADR		552,555
	10,400	ServiceNow Inc.†		5,201,144
	11,800	Snowflake Inc., Cl. A†		2,705,504
	150,000	SolarWinds Corp.†		2,616,000
	900	Unity Software Inc.†		90,279
	8,000	VMware Inc., Cl. A†		1,203,600
	2,800	Zoom Video Communications Inc., Cl. A†		899,612
				182,638,336
		Consumer Products — 4.2%
	150,000	Authentic Equity Acquisition Corp.†		1,483,500
	30,000	Church & Dwight Co. Inc.		2,620,500
	383,000	Edgewell Personal Care Co.		15,166,800
	298,700	Energizer Holdings Inc.		14,176,302
	99,000	Hanesbrands Inc.		1,947,330
	14,500	Kimberly-Clark Corp.		2,016,225
	9,500	Newell Brands Inc.		254,410
	830,000	Swedish Match AB		64,796,157
	9,000	The Estee Lauder Companies Inc., Cl. A		2,617,650
	74,000	The Procter & Gamble Co.		10,021,820
				115,100,694
		Consumer Services — 0.8%
	22,000	Ashtead Group plc		1,312,344
	45,500	Facebook Inc., Cl. A†		13,401,115
	300,000	Qurate Retail Inc., Cl. A		3,528,000
	80,000	Terminix Global Holdings Inc.†		3,813,600
	7,000	Travel + Leisure Co.		428,120
				22,483,179
		Diversified Industrial — 3.5%
	46,284	Ampco-Pittsburgh Corp.†		312,417
	37,000	Ardagh Group SA		940,170
	93,000	Bouygues SA		3,728,799
	27,700	Eaton Corp. plc		3,830,356
	36,000	Emerson Electric Co.		3,247,920
	70,000	General Electric Co.		919,100
	200,000	Griffon Corp.		5,434,000
	200,000	Honeywell International Inc.		43,414,000
	51,000	ITT Inc.		4,636,410
	10,000	Jardine Strategic Holdings Ltd.		330,200
	10,000	nVent Electric plc		279,100
	15,000	Pentair plc		934,800

Shares			Market Value
	5,000	Sulzer AG	$	562,345
	337,000	Textron Inc.		18,898,960
	6,500	The Sherwin-Williams Co.		4,797,065
	300,000	Toray Industries Inc.		1,930,458
	36,000	Trinity Industries Inc.		1,025,640
	15,000	Vantage Towers AG†		422,172
				95,643,912
		Electronics — 3.8%
	18,300	Analog Devices Inc.		2,837,964
	10,000	Flex Ltd.†		183,100
	239,000	Intel Corp.		15,296,000
	180,000	Resideo Technologies Inc.†		5,085,000
	2,000	Roku Inc.†		651,540
	409,000	Sony Group Corp., ADR		43,358,090
	48,000	TE Connectivity Ltd.		6,197,280
	79,000	Texas Instruments Inc.		14,930,210
	33,600	Thermo Fisher Scientific Inc.		15,334,368
				103,873,552
		Energy and Utilities: Electric — 0.6%
	11,000	ALLETE Inc.		739,090
	5,000	American Electric Power Co. Inc.		423,500
	29,000	Electric Power Development Co. Ltd.		506,534
	180,000	Evergy Inc.		10,715,400
	12,000	Pinnacle West Capital Corp.		976,200
	60,000	The AES Corp.		1,608,600
	7,000	WEC Energy Group Inc.		655,130
				15,624,454
		Energy and Utilities: Integrated — 1.7%
	115,000	Avangrid Inc.		5,728,150
	22,000	Chubu Electric Power Co. Inc.		283,134
	20,000	Endesa SA		529,122
	228,000	Enel SpA		2,270,821
	27,000	Eversource Energy		2,337,930
	23,000	Hawaiian Electric Industries Inc.		1,021,890
	410,000	Hera SpA		1,571,277
	10,000	Hokkaido Electric Power Co. Inc.		45,608
	45,000	Iberdrola SA, ADR		2,326,860
	115,000	Korea Electric Power Corp., ADR†		1,179,900
	26,000	Kyushu Electric Power Co. Inc.		256,419
	28,000	MGE Energy Inc.		1,998,920
	140,800	NextEra Energy Inc.		10,645,888
	65,000	NextEra Energy Partners LP		4,737,200
	49,000	NiSource Inc.		1,181,390
	1,000	NorthWestern Corp.		65,200
	57,500	OGE Energy Corp.		1,860,700
	12,000	Ormat Technologies Inc.		942,360
	260,000	PG&E Corp.†		3,044,600
	25,000	PNM Resources Inc.		1,226,250
	30,000	Public Service Enterprise Group Inc.		1,806,300
	49,000	Shikoku Electric Power Co. Inc.		380,583

2

The Gabelli Dividend & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)

Shares			Market Value
		COMMON STOCKS (Continued)
		Energy and Utilities: Integrated (Continued)
	45,000	The Chugoku Electric Power Co. Inc.	$	552,314
	16,000	The Kansai Electric Power Co. Inc.		173,114
	45,000	Tohoku Electric Power Co. Inc.		424,701
				46,590,631
		Energy and Utilities: Natural Gas — 1.1%
	16,000	APA Corp.		286,400
	160,000	Enterprise Products Partners LP		3,523,200
	66,000	Kinder Morgan Inc.		1,098,900
	201,065	National Fuel Gas Co.		10,051,239
	30,000	National Grid plc		357,333
	22,000	National Grid plc, ADR		1,303,280
	14,000	ONEOK Inc.		709,240
	52,000	Sempra Energy		6,894,160
	30,000	South Jersey Industries Inc.		677,400
	42,000	Southwest Gas Holdings Inc.		2,885,820
	52,000	UGI Corp.		2,132,520
				29,919,492
		Energy and Utilities: Oil — 2.1%
	18,000	BP plc, ADR		438,300
	105,022	Chevron Corp.		11,005,255
	120,500	ConocoPhillips		6,382,885
	66,112	Devon Energy Corp.		1,444,547
	140,000	Eni SpA, ADR		3,459,400
	15,000	Enviva Partners LP		724,950
	375,000	Equinor ASA, ADR		7,297,500
	60,000	Exxon Mobil Corp.		3,349,800
	15,700	Hess Corp.		1,110,932
	143,000	Marathon Petroleum Corp.		7,649,070
	28,000	Occidental Petroleum Corp.		745,360
	1,000	PetroChina Co. Ltd., ADR		36,150
	20,000	Petroleo Brasileiro SA, ADR		169,600
	52,000	Phillips 66		4,240,080
	169,000	Repsol SA, ADR		2,098,980
	92,000	Royal Dutch Shell plc, Cl. A, ADR		3,607,320
	70,000	TOTAL SE, ADR		3,257,800
				57,017,929
		Energy and Utilities: Services — 0.4%
	300,000	Halliburton Co.		6,438,000
	40,000	Oceaneering International Inc.†		456,800
	155,000	Schlumberger NV		4,214,450
				11,109,250
		Energy and Utilities: Water — 0.3%
	11,000	American States Water Co.		831,820
	11,000	American Water Works Co. Inc.		1,649,120
	14,000	Essential Utilities Inc.		626,500
	176,000	Mueller Water Products Inc., Cl. A		2,444,640
	36,000	Severn Trent plc		1,144,459
	24,000	SJW Group		1,511,760

Shares			Market Value
	7,500	The York Water Co.	$	367,275
	6,000	United Utilities Group plc, ADR		156,705
				8,732,279
		Entertainment — 2.4%
	50,000	Discovery Inc., Cl. C†		1,844,500
	61,333	Fox Corp., Cl. A		2,214,735
	53,000	Fox Corp., Cl. B		1,851,290
	45,000	Liberty Media Corp.-Liberty Braves, Cl. A†		1,282,950
	51,400	Madison Square Garden Entertainment Corp.†		4,204,520
	38,333	Madison Square Garden Sports Corp.†		6,879,240
	19,400	Netflix Inc.†		10,120,204
	38,700	Take-Two Interactive Software Inc.†		6,838,290
	70,500	The Walt Disney Co.†		13,008,660
	50,000	ViacomCBS Inc., Cl. A		2,358,500
	190,000	ViacomCBS Inc., Cl. B		8,569,000
	175,000	Vivendi SE		5,746,230
	300,000	Wow Unlimited Media Inc.†(a)(b)		131,296
				65,049,415
		Environmental Services — 1.7%
	188,000	Republic Services Inc.		18,677,800
	23,000	Veolia Environnement SA		589,610
	91,222	Waste Connections Inc.		9,850,152
	142,000	Waste Management Inc.		18,320,840
				47,438,402
		Equipment and Supplies — 1.8%
	57,000	CIRCOR International Inc.†		1,984,740
	12,000	Cummins Inc.		3,109,320
	20,800	Danaher Corp.		4,681,664
	87,500	Flowserve Corp.		3,395,875
	146,000	Graco Inc.		10,456,520
	144,000	Mueller Industries Inc.		5,954,400
	12,500	Parker-Hannifin Corp.		3,942,875
	535,000	RPC Inc.†		2,889,000
	130,000	Sealed Air Corp.		5,956,600
	25,800	The L.S. Starrett Co., Cl. A†		166,410
	94,000	The Timken Co.		7,629,980
				50,167,384
		Financial Services — 16.7%
	7,000	Alleghany Corp.†		4,384,030
	339,108	American Express Co.		47,963,436
	88,000	American International Group Inc.		4,066,480
	393,000	Bank of America Corp.		15,205,170
	55,000	Berkshire Hathaway Inc., Cl. B†		14,050,850
	20,400	BlackRock Inc.		15,380,784
	28,500	Brookfield Asset Management Inc., Cl. A		1,268,250
	22,000	Cannae Holdings Inc.†		871,640
	195,000	Citigroup Inc.		14,186,250
	50,000	Cohen & Steers Inc.		3,266,500
	19,000	Cullen/Frost Bankers Inc.		2,066,440

3

The Gabelli Dividend & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)

Shares			Market Value
		COMMON STOCKS (Continued)
		Financial Services (Continued)
	9,000	EXOR NV	$	759,276
	18	Farmers & Merchants Bank of Long Beach		139,140
	50,000	Fidelity National Financial Inc.		2,033,000
	155,000	H&R Block Inc.		3,379,000
	19,000	HSBC Holdings plc, ADR		553,660
	22,249	Interactive Brokers Group Inc., Cl. A		1,625,067
	155,000	Invesco Ltd.		3,909,100
	80,000	Janus Henderson Group plc		2,492,000
	353,417	JPMorgan Chase & Co.		53,800,670
	65,000	KeyCorp.		1,298,700
	30,000	Kinnevik AB, Cl. B		1,458,530
	65,000	KKR & Co. Inc.		3,175,250
	34,000	M&T Bank Corp.		5,154,740
	262,226	Morgan Stanley		20,364,471
	3,400	MSCI Inc.		1,425,552
	70,000	National Australia Bank Ltd., ADR		693,700
	130,000	Navient Corp.		1,860,300
	100,000	New York Community Bancorp Inc.		1,262,000
	91,000	Northern Trust Corp.		9,565,010
	379,506	Oaktree Specialty Lending Corp.		2,352,937
	143,700	PayPal Holdings Inc.†		34,896,108
	30,000	Pershing Square Tontine Holdings Ltd., Cl. A†		720,300
	80,000	Resona Holdings Inc.		335,823
	10,000	S&P Global Inc.		3,528,700
	120,000	SLM Corp.		2,156,400
	70,000	Software Acquisition Group Inc. II, Cl. A†		704,900
	150,000	Spartacus Acquisition Corp.†		1,522,500
	179,000	State Street Corp.		15,037,790
	145,824	T. Rowe Price Group Inc.		25,023,398
	620,000	The Bank of New York Mellon Corp.		29,319,800
	75,000	The Blackstone Group Inc., Cl. A		5,589,750
	53,100	The Goldman Sachs Group Inc.		17,363,700
	92,500	The Hartford Financial Services Group Inc.		6,178,075
	185,000	The PNC Financial Services Group Inc.		32,450,850
	92,500	The Travelers Companies Inc.		13,912,000
	52,500	W. R. Berkley Corp.		3,955,875
	160,000	Waddell & Reed Financial Inc., Cl. A		4,008,000
	564,500	Wells Fargo & Co.		22,055,015
	4,000	Willis Towers Watson plc		915,520
				459,686,437
		Food and Beverage — 10.1%
	12,000	Ajinomoto Co. Inc.		245,527
	12,500	Brown-Forman Corp., Cl. B		862,125
	56,000	Campbell Soup Co.		2,815,120
	980,000	China Mengniu Dairy Co. Ltd.		5,609,653
	60,500	Chr. Hansen Holding A/S†		5,497,529
	674,000	Conagra Brands Inc.		25,342,400
	8,000	Constellation Brands Inc., Cl. A		1,824,000
	158,000	Danone SA		10,839,266
	2,260,000	Davide Campari-Milano NV		25,315,685

Shares			Market Value
	80,000	Diageo plc, ADR	$	13,136,800
	70,954	Flowers Foods Inc.		1,688,705
	203,000	General Mills Inc.		12,447,960
	18,000	Heineken Holding NV		1,602,143
	262,000	ITO EN Ltd.		16,066,652
	1,000	JDE Peet’s NV†		36,706
	60,000	Kellogg Co.		3,798,000
	120,000	Keurig Dr Pepper Inc.		4,124,400
	338,000	Kikkoman Corp.		20,116,685
	10,000	Lamb Weston Holdings Inc.		774,800
	4,000	Landec Corp.†		42,400
	100,000	Maple Leaf Foods Inc.		2,279,780
	6,000	McCormick & Co. Inc., Cl. V		534,720
	110,000	Molson Coors Beverage Co., Cl. B†		5,626,500
	531,000	Mondelēz International Inc., Cl. A		31,079,430
	30,000	Morinaga Milk Industry Co. Ltd.		1,576,880
	22,000	Nestlé SA		2,451,971
	35,000	Nestlé SA, ADR		3,902,850
	130,000	Nissin Foods Holdings Co. Ltd.		9,639,196
	60,000	Nomad Foods Ltd.†		1,647,600
	78,000	PepsiCo Inc.		11,033,100
	61,000	Pernod Ricard SA		11,449,129
	45,000	Post Holdings Inc.†		4,757,400
	24,500	Remy Cointreau SA		4,525,156
	18,000	Suntory Beverage & Food Ltd.		668,955
	306,500	The Coca-Cola Co		16,155,615
	65,000	The Hain Celestial Group Inc.†		2,834,000
	24,000	The Kraft Heinz Co.		960,000
	25,000	Unilever plc, ADR		1,395,750
	237,000	Yakult Honsha Co. Ltd.		11,986,453
				276,691,041
		Health Care — 9.4%
	35,000	Abbott Laboratories		4,194,400
	40,196	AbbVie Inc.		4,350,011
	20,000	Alexion Pharmaceuticals Inc.†		3,058,200
	60,000	AmerisourceBergen Corp.		7,084,200
	13,000	Anthem Inc.		4,666,350
	85,000	Aurinia Pharmaceuticals Inc.†		1,103,725
	175,000	Bausch Health Cos. Inc.†		5,554,500
	45,000	Baxter International Inc.		3,795,300
	22,000	Becton, Dickinson and Co.		5,349,300
	1,000	BioMarin Pharmaceutical Inc.†		75,510
	8,000	Bio-Rad Laboratories Inc., Cl. A†		4,569,360
	160,000	Bristol-Myers Squibb Co.		10,100,800
	45,000	Cardiovascular Systems Inc.†		1,725,300
	20,000	CareDx Inc.†		1,361,800
	25,000	Catalent Inc.†		2,632,750
	13,861	Charles River Laboratories International Inc.†		4,017,334
	5,000	Chemed Corp.		2,299,100
	63,000	Cigna Corp.		15,229,620
	40,000	DaVita Inc.†		4,310,800

4

The Gabelli Dividend & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)

Shares			Market Value
		COMMON STOCKS (Continued)
		Health Care (Continued)
	25,000	DENTSPLY SIRONA Inc.	$	1,595,250
	26,700	Edwards Lifesciences Corp.†		2,233,188
	15,000	eHealth Inc.†		1,090,950
	41,000	Elanco Animal Health Inc.†		1,207,450
	47,000	Eli Lilly and Co.		8,780,540
	245,000	Evolent Health Inc., Cl. A†		4,949,000
	15,000	Gerresheimer AG		1,489,915
	34,271	Gilead Sciences Inc.		2,214,935
	40,000	GlaxoSmithKline plc, ADR		1,427,600
	50,000	HCA Healthcare Inc.		9,417,000
	15,000	Henry Schein Inc.†		1,038,600
	10,000	ICU Medical Inc.†		2,054,400
	3,400	Illumina Inc.†		1,305,804
	5,000	Incyte Corp.†.		406,350
	40,000	Integer Holdings Corp.†		3,684,000
	2,000	Intuitive Surgical Inc.†		1,477,880
	108,100	Johnson & Johnson		17,766,235
	25,000	Laboratory Corp. of America Holdings†		6,375,750
	17,500	McKesson Corp.		3,413,200
	62,300	Medtronic plc		7,359,499
	198,339	Merck & Co. Inc.		15,289,953
	20,000	NeoGenomics Inc.†		964,600
	176,250	Option Care Health Inc.†		3,126,675
	44,781	Orthofix Medical Inc.†		1,941,256
	78,000	Patterson Cos. Inc.		2,492,100
	94,100	Perrigo Co. plc		3,808,227
	50,000	Personalis Inc.†		1,230,500
	65,000	PetIQ Inc.†		2,291,900
	377,588	Pfizer Inc.		13,680,013
	33,045	PPD Inc.†		1,250,423
	4,000	Quidel Corp.†		511,720
	4,500	Regeneron Pharmaceuticals Inc.†		2,129,130
	30,000	Silk Road Medical Inc.†		1,519,500
	15,000	Stryker Corp.		3,653,700
	125,850	Takeda Pharmaceutical Co. Ltd., ADR		2,298,021
	3,500	Teladoc Health Inc.†		636,125
	75,000	Tenet Healthcare Corp.†		3,900,000
	9,000	The Cooper Companies Inc.		3,456,810
	125,000	Trillium Therapeutics Inc.†		1,342,500
	5,500	UnitedHealth Group Inc.		2,046,385
	95,473	Viatris Inc.†		1,333,758
	43,000	Zimmer Biomet Holdings Inc.		6,883,440
	105,038	Zoetis Inc.		16,541,384
				257,094,026
		Hotels and Gaming — 0.5%
	19,000	Accor SA†		716,567
	88,000	Boyd Gaming Corp.†		5,188,480
	20,000	Entain plc†		418,543
	22,000	Las Vegas Sands Corp.†		1,336,720
	400,000	Mandarin Oriental International Ltd.†		712,000

Shares			Market Value
	69,000	MGM Resorts International	$	2,621,310
	16,000	Ryman Hospitality Properties Inc., REIT†		1,240,160
	350,000	William Hill plc†		1,312,427
	5,000	Wyndham Hotels & Resorts Inc.		348,900
				13,895,107
		Machinery — 2.6%
	21,000	Astec Industries Inc.		1,583,820
	140,000	CNH Industrial NV†		2,166,329
	1,330,000	CNH Industrial NV, New York†		20,801,200
	66,200	Deere & Co.		24,768,068
	6,000	Otis Worldwide Corp.		410,700
	15,000	Twin Disc Inc.†		143,400
	210,905	Xylem Inc.		22,182,988
				72,056,505
		Metals and Mining — 1.3%
	65,000	Agnico Eagle Mines Ltd.		3,757,650
	20,000	Alliance Resource Partners LP†		116,000
	15,000	Arconic Corp.†		380,850
	167,588	Barrick Gold Corp.		3,318,242
	8,000	BHP Group Ltd., ADR		555,120
	36,000	Franco-Nevada Corp.		4,511,530
	180,000	Freeport-McMoRan Inc.†		5,927,400
	283,666	Newmont Corp.		17,096,550
				35,663,342
		Paper and Forest Products — 0.1%
	30,000	International Paper Co.		1,622,100
		Publishing — 0.0%
	1,000	Graham Holdings Co., Cl. B		562,440
		Real Estate — 0.3%
	14,000	Crown Castle International Corp., REIT		2,409,820
	5,000	Equinix Inc., REIT		3,397,950
	10,000	QTS Realty Trust Inc., Cl. A, REIT		620,400
	80,000	Weyerhaeuser Co., REIT		2,848,000
				9,276,170
		Retail — 3.3%
	25,000	Advance Auto Parts Inc.		4,587,250
	103,000	AutoNation Inc.†		9,601,660
	2,500	AutoZone Inc.†		3,510,750
	19,000	Bassett Furniture Industries Inc.		461,130
	20,000	CarMax Inc.†		2,653,200
	261,000	CVS Health Corp.		19,635,030
	122,500	Ingles Markets Inc., Cl. A		7,552,125
	36,400	Lowe’s Companies Inc.		6,922,552
	7,500	MSC Industrial Direct Co. Inc., Cl. A		676,425
	51,100	NIKE Inc., Cl. B		6,790,679
	37,500	Rush Enterprises Inc., Cl. B		1,690,875
	247,000	Sally Beauty Holdings Inc.†		4,972,110
	110,000	Seven & i Holdings Co. Ltd.		4,433,777

5

The Gabelli Dividend & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)

Shares			Market Value
		COMMON STOCKS (Continued)
		Retail (Continued)
	50,000	Starbucks Corp.	$	5,463,500
	12,000	The Home Depot Inc.		3,663,000
	120,000	Walgreens Boots Alliance Inc.		6,588,000
	20,000	Walmart Inc.		2,716,600
				91,918,663
		Semiconductors — 0.8%
	20,000	Advanced Micro Devices Inc.†		1,570,000
	6,600	ASML Holding NV		4,074,576
	9,600	KLA Corp.		3,171,840
	5,700	Lam Research Corp.		3,392,868
	15,900	NVIDIA Corp.		8,489,487
	9,000	Taiwan Semiconductor Manufacturing Co. Ltd., ADR		1,064,520
				21,763,291
		Specialty Chemicals — 2.6%
	15,000	Air Products and Chemicals Inc.		4,220,100
	60,000	Ashland Global Holdings Inc.		5,326,200
	10,000	Axalta Coating Systems Ltd.†		295,800
	25,000	Dow Inc.		1,598,500
	424,000	DuPont de Nemours Inc.		32,766,720
	405,000	Ferro Corp.†		6,828,300
	90,000	GCP Applied Technologies Inc.†		2,208,600
	76,000	International Flavors & Fragrances Inc.		10,610,360
	86,000	Olin Corp.		3,265,420
	9,000	Sensient Technologies Corp.		702,000
	116,810	Valvoline Inc.		3,045,237
				70,867,237
		Telecommunications — 2.9%
	163,000	AT&T Inc.		4,934,010
	188,000	BCE Inc.		8,486,320
	430,000	Deutsche Telekom AG, ADR		8,703,200
	195,000	Hellenic Telecommunications Organization SA, ADR		1,546,350
	123,000	Loral Space & Communications Inc.		4,633,410
	45,000	Orange SA, ADR		554,850
	50,000	Pharol SGPS SA†		6,860
	38,000	Proximus SA		827,082
	50,000	Telefonica SA, ADR		226,500
	295,000	Telekom Austria AG		2,324,760
	23,000	Telenet Group Holding NV		932,695
	140,000	Telephone and Data Systems Inc.		3,214,400
	110,000	Telstra Corp. Ltd., ADR		1,426,700
	270,000	TELUS Corp.		5,381,100
	40,000	T-Mobile US Inc.†		5,011,600
	150,000	VEON Ltd., ADR†		265,500
	496,086	Verizon Communications Inc.		28,847,401
	125,000	Vodafone Group plc, ADR		2,303,750
				79,626,488

Shares			Market Value
		Transportation — 0.8%
	213,000	GATX Corp.	$	19,753,620
	10,000	Kansas City Southern		2,639,200
				22,392,820
		Wireless Communications — 0.1%
	96,000	United States Cellular Corp.†		3,502,080
		TOTAL COMMON STOCKS		2,638,036,949
		CLOSED-END FUNDS — 0.0%
	40,000	Altaba Inc., Escrow†		582,000
		CONVERTIBLE PREFERRED STOCKS — 0.1%
		Telecommunications — 0.1%
	44,537	Cincinnati Bell Inc., 6.750%, Ser. B		2,224,178
		MANDATORY CONVERTIBLE SECURITIES (c) — 0.3%
		Energy and Utilities — 0.2%
	124,900	El Paso Energy Capital Trust I, 4.750%, 03/31/28.		6,261,237
		Health Care — 0.1%
	25,000	Avantor Inc., 6.250%, Ser. A, 05/15/22		2,256,750
		TOTAL MANDATORY CONVERTIBLE SECURITIES		8,517,987
		PREFERRED STOCKS — 0.3%
		Consumer Services — 0.2%
	50,450	Qurate Retail Inc., 8.000%, 03/15/31		5,128,243
		Health Care — 0.1%
	133,681	The Phoenix Companies Inc., 7.450%, 01/15/32		2,287,616
	2,296	XOMA Corp., 8.625%, Ser. A		57,400
		TOTAL PREFERRED STOCKS		7,473,259
		WARRANTS — 0.0%
		Automotive: Parts and Accessories — 0.0%
	80,000	Velodyne Lidar Inc., expire 12/31/25†		306,400
		Diversified Industrial — 0.0%
	32,000	Ampco-Pittsburgh Corp., expire 08/01/25†		42,240
		Energy and Utilities: Oil — 0.0%
	12,257	Occidental Petroleum Corp., expire 08/03/27†		145,981
		Energy and Utilities: Services — 0.0%
	3,081	Weatherford International plc, expire 12/13/23†		1,325
		TOTAL WARRANTS		495,946

6

The Gabelli Dividend & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)

Principal Amount			Market Value
		CONVERTIBLE CORPORATE BONDS — 0.1%
		Cable and Satellite — 0.1%
	$1,700,000	DISH Network Corp., 3.375%, 08/15/26	$	1,638,460
		Computer Software and Services — 0.0%
	300,000	Limelight Networks Inc., 3.500%, 08/01/25(a)		276,600
		TOTAL CONVERTIBLE CORPORATE BONDS		1,915,060
		CORPORATE BONDS — 0.0%
		Equipment and Supplies — 0.0%
	50,000	Mueller Industries Inc., 6.000%, 03/01/27		51,065
		U.S. GOVERNMENT OBLIGATIONS — 3.2%
		U.S. Cash Management Bill — 0.1%
	3,150,000	0.010††, 05/04/21		3,149,978
		U.S. Treasury Bills — 3.1%
	84,391,000	0.003% to 0.090%†††, 04/08/21 to 09/23/21		84,388,195
		TOTAL U.S. GOVERNMENT OBLIGATIONS		87,538,173
		TOTAL INVESTMENTS — 100.0% (Cost $1,677,307,926)	$	2,746,834,617

(a) 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.

(b) At March 31, 2021, the Fund held an investment in a restricted and illiquid security amounting to $131,296 or 0.00% of total investments, which was valued under methods approved by the Board of Trustees as follows:

Acquisition Shares		Issuer	Acquisition Date	Acquisition Cost	03/31/21 Carrying Value Per Share
	300,000	Wow Unlimited Media Inc.	06/05/18	$345,198	$0.4377

(c) Mandatory convertible securities are required to be converted on the dates listed; they generally may be converted prior to these dates at the option of the holder.

† Non-income producing security.

†† Represents annualized yield at date of purchase.

††† Represents annualized yields at dates of purchase.

ADR American Depositary Receipt

REIT Real Estate Investment Trust

Geographic Diversification	% of Total Investments			Market Value
Long Positions
North America		84.8	%		$	2,329,754,360
Europe		10.5				289,306,635
Japan		4.2				115,278,924
Asia/Pacific		0.5				12,325,098
Latin America		0.0	*			169,600
Total Investments		100.0	%		$	2,746,834,617

* Amount represents less than 0.05%.

7