The Gabelli Multimedia Trust Inc Series E Pfd 2024年度报告

FORMN-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTEREDMANAGEMENT INVESTMENT COMPANIES Investment Company Act file number811-08476 Date of fiscal year end:December 31 Date of reporting period:December 31, 2024 Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission tostockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles. A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is notrequired to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management andBudget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions forreducing the burden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549-1090. The OMB has reviewed thiscollection of information under the clearance requirements of 44 U.S.C. § 3507. Include a copy of the report transmitted to stockholders pursuant to Rule30e-1 under the Act (17 CFR 270.30e-1). The Report to Shareholders is attached herewith. The Gabelli Multimedia Trust Inc.Annual Report — December31, 2024 (Y)our Portfolio Management Team Christopher J. MarangiCo-Chief Investment OfficerBA, Williams CollegeMBA, ColumbiaBusiness School To Our Stockholders, For the year ended December31, 2024, the net asset value (NAV) total return of The Gabelli Multimedia Trust Inc. (the Fund) was12.2%, compared with a total return of 32.0% for the Morgan Stanley Capital International (MSCI) AC World Communication Services Index.The total return for the Fund’s publicly traded shares was (5.2)%. The Fund’s NAV per share was $3.50, while the price of the publiclytraded shares closed at $4.46 on the New York Stock Exchange (NYSE). See page 3 for additional performance information. Enclosed are the financial statements, including the schedule of investments, as of December31, 2024. Investment Objective and Strategy (Unaudited) The Gabelli Multimedia Trust is a diversified, closed-end management investment company whose primary objective is long term growthof capital, with income as a secondary objective. The Fund seeks opportunities for long term growth within the context of two maininvestment universes: companies involved in creativity, as it relates to the development of intellectual property rights (copyrights); andcompanies involved in distribution as it relates to the delivery of these copyrights. Additionally, the Fund will invest in companiesparticipating in emerging technological advances in interactive services and products. As permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Fund’s annual and semiannual shareholder reportswill no longer be sent by mail, unless you specifically request paper copies of the reports. Instead, the reports will be made available on the Fund’swebsite (www.gabelli.com), and you will be notified by mail each time a report is posted and provided with a website link to access the report. If youalready elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. To elect to receiveall future reports on paper free of charge, please contact your financial intermediary, or, if you invest directly with the Fund, you may call 800-422-3554 orsend an email request to info@gabelli.com. Performance Discussion (Unaudited) For the twelve months ended December31, 2024, the Gabelli Multimedia Trust lagged its benchmark, which continues to be dominatedby the positive performance of a handful of global technology-driven mega-caps. The Trust owns several of those entities, albeit at lowerweightings than in the benchmark, as well as many traditional media companies where secular headwinds related to changes in consumerbehavior and increased competition in the broadband connectivity sector outweighed tailwinds in live entertainment. The companies inwhich the Trust invests tend to be more financially leveraged, which was also a drag as interest rates rose during the period. Top contributors for the fiscal year included Alphabet Inc. Class A (3.7% of total investments as of December31, 2024), the world’sthird-largest technology company by revenue and one of the world’s most valuable companies; Corning Inc (1.2%), engages in the displaytechnologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United Statesand internationally and is benefitting from the growth of fiber deployment and data centers. Sony Group Corp. ADR (6.