The Gabelli Multimedia Trust Inc. (GGT) NPORT-P Gabelli Multimedia Trust Inc. (Sep 2024 report)

1

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

—

September

30,

2024

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

 —

90.3%

DISTRIBUTION

COMPANIES

 —

52.0%

Broadcasting

 —

5.3%

10,000‌

Asahi

Broadcasting

Group

Holdings

Corp.

$

44,460‌

2,500‌

Beasley

Broadcast

Group

Inc.,

Cl. A†

....

26,900‌

6,000‌

Chubu-Nippon

Broadcasting

Co.

Ltd.

...

25,758‌

19,000‌

Cogeco

Inc.

.....................

840,386‌

35,000‌

Corus

Entertainment

Inc.,

Cl. B†

.......

4,295‌

22,000‌

Fox

Corp.,

Cl. A

...................

931,260‌

40,000‌

Fox

Corp.,

Cl. B

...................

1,552,000‌

81,000‌

Grupo

Radio

Centro

SAB

de

CV,

Cl. A†

..

16,455‌

14,000‌

Informa

plc

.....................

153,519‌

215,000‌

ITV

plc

.........................

230,099‌

6,500‌

Liberty

Broadband

Corp.,

Cl. A†

.......

499,330‌

23,700‌

Liberty

Broadband

Corp.,

Cl. C†

.......

1,831,773‌

68,566‌

Media

Prima

Berhad

...............

7,815‌

5,000‌

Nexstar

Media

Group

Inc.

...........

826,750‌

7,000‌

Nippon

Television

Holdings

Inc.

.......

109,316‌

4,000‌

NRJ

Group

......................

34,374‌

3,000‌

RTL

Group

SA

...................

101,686‌

72,000‌

Sinclair

Inc.

.....................

1,101,600‌

33,000‌

TBS

Holdings

Inc.

.................

894,771‌

65,000‌

TEGNA

Inc.

.....................

1,025,700‌

15,000‌

Television

Broadcasts

Ltd.†

..........

6,734‌

21,000‌

Television

Francaise

1

SA

............

186,425‌

240,000‌

TV

Azteca

SAB

de

CV†(a)

............

6,095‌

10,457,501‌

Business

Services

 —

1.0%

6,000‌

Carlisle

Support

Services

Group

Ltd.†(a)

.

642‌

500‌

Fluent

Inc.†

.....................

1,830‌

5,500‌

Heather

Venture

Holdings

Ltd.†

.......

0‌

4,000‌

S&P

Global

Inc.

..................

2,066,480‌

5,500‌

Tapir

Holdings

Ltd.†

...............

0‌

2,068,952‌

Cable

 —

5.9%

21,800‌

AMC

Networks

Inc.,

Cl. A†

...........

189,442‌

1,600‌

Charter

Communications

Inc.,

Cl. A†

....

518,528‌

31,000‌

Cogeco

Communications

Inc.

.........

1,638,878‌

111,500‌

Comcast

Corp.,

Cl. A

...............

4,657,355‌

19,400‌

MultiChoice

Group†

...............

122,390‌

80,500‌

Rogers

Communications

Inc.,

Cl. B

.....

3,236,905‌

228,500‌

WideOpenWest

Inc.†

...............

1,199,625‌

11,563,123‌

Computer

Software

and

Services

 —

0.4%

20,000‌

Hewlett

Packard

Enterprise

Co.

........

409,200‌

18,500‌

SolarWinds

Corp.

.................

241,425‌

2,500‌

Tencent

Holdings

Ltd.

..............

142,979‌

793,604‌

Consumer

Services

 —

0.6%

59,000‌

Bollore

SE

......................

393,070‌

Shares

Market

Value

150‌

Cie

de

L'Odet

SE

..................

$

262,481‌

9,000‌

IAC

Inc.†

.......................

484,380‌

1,139,931‌

Diversified

Industrial

 —

0.7%

4,000‌

AAON

Inc.

......................

431,360‌

28,500‌

Bouygues

SA

....................

953,647‌

8,000‌

Malaysian

Resources

Corp.

Berhad

.....

1,145‌

1,386,152‌

Entertainment

 —

17.4%

60,000‌

Atlanta

Braves

Holdings

Inc.,

Cl. A†

....

2,529,000‌

123,578‌

Atlanta

Braves

Holdings

Inc.,

Cl. C†

....

4,918,404‌

940,000‌

Grupo

Televisa

SAB,

ADR

............

2,406,400‌

9,500‌

Liberty

Media

Corp.-Liberty

Formula

One,

Cl. A†

........................

679,535‌

30,000‌

Liberty

Media

Corp.-Liberty

Formula

One,

Cl. C†

........................

2,322,900‌

5,092‌

Liberty

Media

Corp.-Liberty

Live,

Cl. A†

..

252,105‌

22,763‌

Liberty

Media

Corp.-Liberty

Live,

Cl. C†

..

1,168,425‌

4,000‌

M6

Metropole

Television

SA

..........

54,233‌

27,000‌

Madison

Square

Garden

Entertainment

Corp.†

.......................

1,148,310‌

28,200‌

Madison

Square

Garden

Sports

Corp.†

..

5,872,932‌

12,000‌

Naspers

Ltd.,

Cl. N

................

2,913,546‌

5,600‌

Netflix

Inc.†

.....................

3,971,912‌

7,500‌

Reading

International

Inc.,

Cl. A†

......

12,225‌

7,700‌

Reading

International

Inc.,

Cl. B†

......

63,987‌

2,200‌

Roku

Inc.†

......................

164,252‌

40,000‌

Sphere

Entertainment

Co.†

..........

1,767,200‌

15,000‌

Sportradar

Group

AG,

Cl. A†

.........

181,650‌

12,000‌

Take-Two

Interactive

Software

Inc.†

....

1,844,520‌

17,000‌

TKO

Group

Holdings

Inc.†

...........

2,103,070‌

34,374,606‌

Equipment

 —

2.1%

13,000‌

Amphenol

Corp.,

Cl. A

..............

847,080‌

47,000‌

Corning

Inc.

.....................

2,122,050‌

10,000‌

Flex

Ltd.†

.......................

334,300‌

5,000‌

QUALCOMM

Inc.

.................

850,250‌

4,153,680‌

Financial

Services

 —

0.2%

4,200‌

Jardine

Matheson

Holdings

Ltd.

.......

164,052‌

17,500‌

Kinnevik

AB,

Cl. A

.................

142,831‌

95,000‌

Orascom

Financial

Holding

SAE†

......

677‌

600‌

PayPal

Holdings

Inc.†

..............

46,818‌

32,750‌

Waterloo

Investment

Holdings

Ltd.†(a)

..

16,375‌

370,753‌

Food

and

Beverage

 —

0.3%

2,400‌

Pernod

Ricard

SA

.................

362,263‌

2,500‌

Remy

Cointreau

SA

................

194,384‌

556,647‌

2

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

(Continued)

—

September

30,

2024

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

(Continued)

DISTRIBUTION

COMPANIES

(Continued)

Information

Technology

 —

0.4%

19,100‌

Prosus

NV

......................

$

834,713‌

Real

Estate

 —

1.9%

16,200‌

American

Tower

Corp.,

REIT

..........

3,767,472‌

15,000‌

Midway

Investments†(a)

............

201‌

3,767,673‌

Retail

 —

0.8%

6,800‌

Amazon.com

Inc.†

................

1,267,044‌

1,000‌

Best

Buy

Co.

Inc.

.................

103,300‌

250‌

Meituan,

Cl. B†

...................

5,532‌

330,000‌

Qurate

Retail

Inc.,

Cl. A†

............

201,333‌

1,577,209‌

Satellite

 —

0.7%

32,000‌

EchoStar

Corp.,

Cl. A†

..............

794,240‌

11,000‌

Iridium

Communications

Inc.

.........

334,950‌

250,000‌

PT

Indosat

Tbk

...................

180,812‌

3,000‌

SKY

Perfect

JSAT

Holdings

Inc.

.......

18,619‌

1,328,621‌

Telecommunications

 —

1.9%

34,000‌

Eurotelesites

AG†

.................

180,909‌

42,000‌

GCI

Liberty

Inc.,

Escrow†(a)

.........

1‌

43,500‌

Liberty

Global

Ltd.,

Cl. A†

...........

918,285‌

122,000‌

Liberty

Global

Ltd.,

Cl. C†

...........

2,636,420‌

5,800‌

Viasat

Inc.†

.....................

69,252‌

3,804,867‌

Telecommunications:

Long

Distance

 —

1.0%

15,000‌

BCE

Inc.

........................

521,498‌

106,000‌

Telesat

Corp.†

...................

1,396,020‌

2,400‌

Telstra

Group

Ltd.,

ADR

.............

32,424‌

3,800‌

TIM

SA,

ADR

....................

65,436‌

2,015,378‌

Telecommunications:

National

 —

5.5%

17,000‌

Deutsche

Telekom

AG

..............

499,392‌

54,000‌

Deutsche

Telekom

AG,

ADR

..........

1,589,220‌

11,500‌

Elisa

Oyj

.......................

609,594‌

1,500‌

Freenet

AG

......................

44,615‌

3,605‌

Hellenic

Telecommunications

Organization

SA

..........................

62,160‌

5,000‌

Itissalat

Al-Maghrib

................

44,526‌

50,000‌

Koninklijke

KPN

NV

................

204,207‌

90,000‌

Liberty

Latin

America

Ltd.,

Cl. A†

......

862,200‌

1,000‌

Magyar

Telekom

Telecommunications

plc,

ADR

.........................

14,363‌

180,000‌

Megacable

Holdings

SAB

de

CV

.......

374,627‌

500,000‌

Nippon

Telegraph

&

Telephone

Corp.

....

510,698‌

25‌

Oi

SA,

ADR†

.....................

100‌

Shares

Market

Value

9,000‌

Orange

SA,

ADR

..................

$

103,320‌

22,000‌

PLDT

Inc.,

ADR

..................

591,360‌

27,000‌

Shenandoah

Telecommunications

Co.

...

380,970‌

55,000‌

Sitios

Latinoamerica

SAB

de

CV†

......

9,916‌

18,200‌

Swisscom

AG,

ADR

................

1,192,306‌

10,000‌

Telecom

Argentina

SA,

ADR†

.........

75,400‌

20,000‌

Telecom

Italia

SpA†

................

5,555‌

20,200‌

Telefonica

Brasil

SA,

ADR

...........

207,454‌

195,000‌

Telefonica

SA,

ADR

................

947,700‌

136,000‌

Telekom

Austria

AG

................

1,332,218‌

15,172‌

Telia

Co.

AB

.....................

49,060‌

6,000‌

Telkom

Indonesia

Persero

Tbk

PT,

ADR

..

118,680‌

10,500‌

VEON

Ltd.,

ADR†

.................

319,410‌

5,900‌

Verizon

Communications

Inc.

.........

264,969‌

50,000‌

Vodafone

Group

plc,

ADR

...........

501,000‌

10,915,020‌

Telecommunications:

Regional

 —

1.6%

52,500‌

Orange

Belgium

SA†

...............

866,086‌

45,000‌

Telephone

and

Data

Systems

Inc.

......

1,046,250‌

78,000‌

TELUS

Corp.

....................

1,308,840‌

3,221,176‌

Wireless

Communications

 —

4.3%

1,000‌

Altice

USA

Inc.,

Cl. A†

..............

2,460‌

52,500‌

America

Movil

SAB

de

CV,

ADR

.......

858,900‌

22,500‌

Anterix

Inc.†

.....................

847,350‌

389,058‌

Jasmine

International

PCL(a)

.........

36,031‌

17,000‌

Millicom

International

Cellular

SA,

SDR†

.

461,665‌

55,000‌

Operadora

De

Sites

Mexicanos

SAB

de

CV

43,324‌

19,000‌

Orascom

Investment

Holding,

GDR†(a)

..

266‌

20,000‌

SK

Telecom

Co.

Ltd.,

ADR

...........

475,400‌

17,500‌

T-Mobile

US

Inc.

..................

3,611,300‌

30,000‌

Turkcell

Iletisim

Hizmetleri

A/S,

ADR

....

206,400‌

36,000‌

United

States

Cellular

Corp.†

.........

1,967,400‌

8,510,496‌

TOTAL

DISTRIBUTION

COMPANIES

...

102,840,102‌

COPYRIGHT/CREATIVITY

COMPANIES

 —

37.0%

Business

Services

 —

0.0%

1,000‌

Light

&

Wonder

Inc.†

..............

90,730‌

Business

Services:

Advertising

 —

2.4%

1,000‌

Boston

Omaha

Corp.,

Cl. A†

..........

14,870‌

185,000‌

Clear

Channel

Outdoor

Holdings

Inc.†

...

296,000‌

21,000‌

JCDecaux

SE†

...................

469,860‌

25,400‌

Lamar

Advertising

Co.,

Cl. A,

REIT

.....

3,393,440‌

10,820‌

Magnite

Inc.†

....................

149,857‌

1,500‌

Publicis

Groupe

SA

................

163,967‌

4,000‌

Ströeer

SE

&

Co.

KGaA

.............

255,802‌

4,743,796‌

3

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

(Continued)

—

September

30,

2024

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

(Continued)

COPYRIGHT/CREATIVITY

COMPANIES

(Continued)

Computer

Hardware

 —

1.6%

13,800‌

Apple

Inc.

......................

$

3,215,400‌

Computer

Software

and

Services

 —

7.9%

37,500‌

Alphabet

Inc.,

Cl. A

................

6,219,375‌

22,300‌

eBay

Inc.

.......................

1,451,953‌

7,800‌

Meta

Platforms

Inc.,

Cl. A

...........

4,465,032‌

6,500‌

Microsoft

Corp.

..................

2,796,950‌

20,000‌

N-able

Inc.†

.....................

261,200‌

2,750‌

NVIDIA

Corp.

....................

333,960‌

300‌

Red

Violet

Inc.†

..................

8,535‌

15,537,005‌

Consumer

Products

 —

1.8%

16,400‌

Johnson

Outdoors

Inc.,

Cl. A

.........

593,680‌

12,000‌

Nintendo

Co.

Ltd.

.................

637,551‌

170,000‌

Nintendo

Co.

Ltd.,

ADR

.............

2,264,400‌

3,495,631‌

Electronics

 —

5.9%

2,000‌

IMAX

Corp.†

....................

41,020‌

13,500‌

Intel

Corp.

......................

316,710‌

3,790‌

Koninklijke

Philips

NV†

.............

124,009‌

115,700‌

Sony

Group

Corp.,

ADR

.............

11,173,149‌

11,654,888‌

Entertainment

 —

9.6%

14,000‌

Capcom

Co.

Ltd.

..................

324,175‌

79,200‌

GMM

Grammy

Public

Co.

Ltd.†

.......

19,445‌

15,000‌

Lions

Gate

Entertainment

Corp.,

Cl. A†

..

117,450‌

10,000‌

Lions

Gate

Entertainment

Corp.,

Cl. B†

..

69,200‌

3,000‌

Live

Nation

Entertainment

Inc.†

.......

328,470‌

45,300‌

Manchester

United

plc,

Cl. A†

.........

732,954‌

300,000‌

Ollamani

SAB†

...................

566,176‌

87,000‌

Paramount

Global,

Cl. A

.............

1,901,820‌

30,000‌

Paramount

Global,

Cl. B

.............

318,600‌

16,000‌

Reservoir

Media

Inc.†

..............

129,760‌

3,200‌

Spotify

Technology

SA†

.............

1,179,296‌

7,000‌

Square

Enix

Holdings

Co.

Ltd.

........

277,370‌

17,176‌

STV

Group

plc

...................

56,260‌

100,000‌

Tencent

Music

Entertainment

Group,

ADR

1,205,000‌

33,000‌

The

Marcus

Corp.

.................

497,310‌

19,000‌

The

Walt

Disney

Co.

...............

1,827,610‌

42,000‌

Ubisoft

Entertainment

SA†

...........

472,198‌

26,000‌

Universal

Entertainment

Corp.

........

253,261‌

68,000‌

Universal

Music

Group

NV

...........

1,778,814‌

345,000‌

Vivendi

SE

......................

3,986,301‌

255,000‌

Warner

Bros

Discovery

Inc.†

.........

2,103,750‌

28,500‌

Warner

Music

Group

Corp.,

Cl. A

......

892,050‌

19,037,270‌

Shares

Market

Value

Hotels

and

Gaming

 —

5.0%

19,000‌

Boyd

Gaming

Corp.

................

$

1,228,350‌

22,500‌

Caesars

Entertainment

Inc.†

..........

939,150‌

1,000‌

Churchill

Downs

Inc.

...............

135,210‌

22,000‌

Entain

plc

.......................

224,479‌

1,000‌

Flutter

Entertainment

plc†

...........

234,969‌

30,000‌

Full

House

Resorts

Inc.†

............

150,600‌

20,000‌

Golden

Entertainment

Inc.

...........

635,800‌

4,200‌

Greek

Organization

of

Football

Prognostics

SA

..........................

74,617‌

61,000‌

International

Game

Technology

plc

.....

1,299,300‌

100,000‌

Mandarin

Oriental

International

Ltd.

....

170,000‌

25,000‌

Melco

Resorts

&

Entertainment

Ltd.,

ADR†

194,750‌

10,000‌

MGM

China

Holdings

Ltd.

...........

15,951‌

20,500‌

MGM

Resorts

International†

.........

801,345‌

4,000‌

Penn

Entertainment

Inc.†

............

75,440‌

23,000‌

Ryman

Hospitality

Properties

Inc.,

REIT

.

2,466,520‌

13,500‌

Wynn

Resorts

Ltd.

................

1,294,380‌

9,940,861‌

Publishing

 —

2.0%

17,000‌

Arnoldo

Mondadori

Editore

SpA

.......

46,079‌

974,000‌

Bangkok

Post

plc†

................

3,027‌

2,800‌

Graham

Holdings

Co.,

Cl. B

..........

2,300,816‌

35,000‌

Lee

Enterprises

Inc.†

...............

304,850‌

1,000,000‌

Nation

Group

Thailand

Public

Co.

Ltd.†(a)

1,243‌

28,000‌

News

Corp.,

Cl. A

.................

745,640‌

11,000‌

News

Corp.,

Cl. B

.................

307,450‌

6,779‌

Novus

Holdings

Ltd.

...............

2,766‌

29,500‌

The

E.W.

Scripps

Co.,

Cl. A†

..........

66,227‌

1,000‌

Wolters

Kluwer

NV

................

168,420‌

3,946,518‌

Real

Estate

 —

0.8%

500‌

Equinix

Inc.,

REIT

.................

443,815‌

57,500‌

Outfront

Media

Inc.,

REIT

...........

1,056,850‌

1,500,665‌

TOTAL

COPYRIGHT/CREATIVITY

COMPANIES

..................

73,162,764‌

ENTERTAINMENT

 —

1.3%

Broadcasting

 —

1.1%

4,000‌

Endeavor

Group

Holdings

Inc.,

Cl. A

....

114,240‌

100,000‌

Entravision

Communications

Corp.,

Cl. A

.

207,000‌

77,451‌

Sirius

XM

Holdings

Inc.

.............

1,831,704‌

2,152,944‌

Consumer

Services

 —

0.2%

2,500‌

Airbnb

Inc.,

Cl. A†

.................

317,025‌

TOTAL

ENTERTAINMENT

..........

2,469,969‌

TOTAL

COMMON

STOCKS

.........

178,472,835‌

4

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

(Continued)

—

September

30,

2024

(Unaudited)

Shares

Market

Value

CLOSED-END

FUNDS

 —

0.0%

8,000‌

Altaba

Inc.,

Escrow†

...............

$

11,400‌

PREFERRED

STOCKS

 —

0.2%

DISTRIBUTION

COMPANIES

 —

0.2%

Broadcasting

 —

0.1%

6,000‌

Liberty

Broadband

Corp.,

Ser.

A,

7.000%

.

143,280‌

Retail

 —

0.1%

6,000‌

Qurate

Retail

Inc.,

8.000%,

03/15/31

....

261,000‌

TOTAL

DISTRIBUTION

COMPANIES

...

404,280‌

TOTAL

PREFERRED

STOCKS

........

404,280‌

WARRANTS

 —

0.0%

DISTRIBUTION

COMPANIES

 —

0.0%

Real

Estate

 —

0.0%

600‌

Malaysian

Resources

Corp.

Berhad,

expire

10/29/27†

.....................

13‌

Principal

Amount

U.S.

GOVERNMENT

OBLIGATIONS

 —

9.5%

$

18,821,000‌

U.S.

Treasury

Bills,

4.511%

to

5.265%††,

10/15/24

to

03/20/25

......................

18,731,064‌

TOTAL

INVESTMENTS

—

100.0%

....

(Cost

$167,746,206)

.............

$

197,619,592‌

(a)

Security

is

valued

using

significant

unobservable

inputs

and

is

classified

as

Level

3

in

the

fair

value

hierarchy.

†

Non-income

producing

security.

††

Represents

annualized

yields

at

dates

of

purchase.

ADR

American

Depositary

Receipt

GDR

Global

Depositary

Receipt

REIT

Real

Estate

Investment

Trust

SDR

Swedish

Depositary

Receipt

Geographic

Diversification

%

of

Total

Investments

Market

Value

North

America

......................

72.4‌

%

$

143,184,713‌

Europe

..............................

13.6‌

26,798,129‌

Japan

...............................

8.4‌

16,533,528‌

Latin

America

.......................

2.4‌

4,662,608‌

Asia/Pacific

.........................

1.7‌

3,356,442‌

South

Africa

.........................

1.5‌

3,038,703‌

Africa/Middle

East

...................

0.0‌

*

45,469‌

Total

Investments

...................

100.0‌%

$

197,619,592‌

*

Amount

represents

less

than

0.05%.