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The Gabelli Dividend & Income Trust (NYSE:GDV) announced its decision to maintain fixed monthly cash distributions of $0.11 per share for January, February, and March 2022. Key dates include January 14 as the record date and January 24 as the payable date for January's distribution. Additionally, a year-end cash distribution will be authorized later, based on undistributed income and capital gains. The Fund's distribution policy is subject to change, with ongoing evaluations of strategic opportunities and market conditions.
The Gabelli Convertible and Income Securities Fund (NYSE:GCV) announced a cash distribution of
The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) has declared a
Bancroft Fund Ltd. (NYSE: BCV) announced a cash distribution of
The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American: ECF) has declared a cash distribution of
The Board of Trustees of The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZ) has announced the issuance of four million 4.00% Series B Cumulative Preferred Shares with a total liquidation value of
GAMCO Investors, Inc. (NYSE: GBL) announced expected diluted earnings for Q3 2021 between $1.08 and $1.12 per share, a significant increase from $0.62 per share in Q3 2020. Assets under management (AUM) rose to $33.5 billion, up from $29.7 billion a year prior, with equity AUM at $31.9 billion. Detailed financial results will be released in early November.
The Gabelli Go Anywhere Trust (NYSE: GGO) has announced a Plan of Liquidation, set to take effect on October 28, 2021. Shareholders should note that the last trading date for shares will be on October 25, 2021, after which trading will cease. This liquidation may result in taxable gains or losses for shareholders, based on the final distribution and individual tax basis. Investors are advised to consult tax professionals regarding implications. Gabelli Go Anywhere Trust focuses on total return through capital appreciation and income.
The Gabelli Healthcare & Wellness Trust (NYSE:GRX) announced the issuance of four million Series E Cumulative Preferred Shares, totaling $40 million. The 4.00% preferred shares have a liquidation preference of $10 each and are non-callable until December 26, 2024, with quarterly distributions starting on the same date. This move aims to enhance the Fund's capital structure and support its long-term growth strategy. The Fund currently manages total net assets of $337 million and is managed by Gabelli Funds, LLC.
Gabelli Funds will host the 45th Annual Auto Symposium at the Waldorf Astoria in Las Vegas on November 1, 2021. This two-day event will spotlight presentations from leading automotive firms, focusing on the electric vehicle and battery ecosystem, along with technological innovations and industry trends. A live webcast will be available for those unable to attend in person. Interested investors can register through their representative or the provided online link.
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