Gabelli Dividend & Income Trust Announces That GAMCO Investors, Inc. and Affiliates Purchased $107 million of Series M Cumulative Preferred
Gabelli Dividend & Income Trust (NYSE: GDV) has announced that GAMCO Investors and its affiliates have purchased $107 million of the Fund's Series M Cumulative Preferred Shares. The Series M Preferred carries a 4.80% dividend rate and has specific features:
- Puttable/callable in December 2025
- Mandatory redemption in December 2026
This investment by GAMCO Investors, a significant player in the financial sector, demonstrates confidence in the Fund's performance and strategy. Investors are advised to carefully consider the Fund's investment objectives, risks, charges, and expenses before making investment decisions.
Gabelli Dividend & Income Trust (NYSE: GDV) ha annunciato che GAMCO Investors e le sue affiliate hanno acquistato $107 milioni delle azioni privilegiate cumulative di Serie M del Fondo. Le azioni privilegiate di Serie M offrono un tasso di dividendo del 4,80% e presentano caratteristiche specifiche:
- Riscattabili/convertibili a dicembre 2025
- Riscatto obbligatorio a dicembre 2026
Questo investimento da parte di GAMCO Investors, un attore significativo nel settore finanziario, dimostra fiducia nelle performance e nella strategia del Fondo. Si consiglia agli investitori di considerare attentamente gli obiettivi di investimento, i rischi, le spese e i costi del Fondo prima di prendere decisioni di investimento.
Gabelli Dividend & Income Trust (NYSE: GDV) ha anunciado que GAMCO Investors y sus afiliados han comprado $107 millones de las acciones preferentes acumulativas de la Serie M del Fondo. Las acciones preferentes de la Serie M tienen una tasa de dividendo del 4,80% y cuentan con características específicas:
- Ejecutables/basibles en diciembre de 2025
- Redención obligatoria en diciembre de 2026
Esta inversión por parte de GAMCO Investors, un jugador significativo en el sector financiero, demuestra confianza en el rendimiento y la estrategia del Fondo. Se aconseja a los inversores que consideren cuidadosamente los objetivos de inversión, los riesgos, los cargos y los gastos del Fondo antes de tomar decisiones de inversión.
Gabelli Dividend & Income Trust (NYSE: GDV)는 GAMCO Investors와 그 계열사가 펀드의 M 시리즈 누적 우선주 $107 백만을 구매했다고 발표했습니다. M 시리즈 우선주는 4.80% 배당률을 제공하며 특정 기능이 있습니다:
- 2025년 12월에 상환/호출 가능
- 2026년 12월에 의무 상환
금융 부문에서 중요한 플레이어인 GAMCO Investors의 이번 투자는 펀드의 성능과 전략에 대한 신뢰를 나타냅니다. 투자자는 투자 결정을 내리기 전에 펀드의 투자 목표, 위험, 수수료 및 비용을 신중하게 고려해야 합니다.
Gabelli Dividend & Income Trust (NYSE: GDV) a annoncé que GAMCO Investors et ses affiliés ont acquis 107 millions de dollars des actions préférentielles cumulatives de la série M du Fonds. Les actions privilégiées de la série M offrent un taux de dividende de 4,80 % et présentent des caractéristiques spécifiques :
- Rachetables/appelables en décembre 2025
- Rachat obligatoire en décembre 2026
Ce placement par GAMCO Investors, un acteur majeur du secteur financier, témoigne d'une confiance dans la performance et la stratégie du Fonds. Les investisseurs sont conseillés à examiner attentivement les objectifs d'investissement, les risques, frais et charges du Fonds avant de prendre des décisions d'investissement.
Gabelli Dividend & Income Trust (NYSE: GDV) hat bekannt gegeben, dass GAMCO Investors und seine Tochtergesellschaften 107 Millionen USD der kumulierten Vorzugsaktien der Serie M des Fonds erworben haben. Die Vorzugsaktien der Serie M bieten eine Dividendenrendite von 4,80% und verfügen über spezifische Merkmale:
- Rückzahlbar/abrufbar im Dezember 2025
- Pflichtabnahme im Dezember 2026
Diese Investition von GAMCO Investors, einem wichtigen Akteur im Finanzsektor, zeigt Vertrauen in die Leistung und Strategie des Fonds. Investoren sollten die Anlageziele, Risiken, Gebühren und Kosten des Fonds sorgfältig prüfen, bevor sie Anlageentscheidungen treffen.
- GAMCO Investors and affiliates invested $107 million in GDV's Series M Preferred Shares
- Series M Preferred offers a 4.80% dividend rate to shareholders
- Investment by GAMCO suggests confidence in GDV's performance and strategy
- Mandatory redemption of Series M Preferred in December 2026 may impact future cash flows
RYE, N.Y., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Gabelli Dividend & Income Trust (NYSE: GDV) (the “Fund”) announced today that GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI) and affiliates purchased
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:
Laurissa Martire
(914) 921-5399
About The Gabelli Dividend & Income Trust
The Gabelli Dividend & Income Trust is a diversified, closed-end management investment company with
NYSE – GDV
CUSIP – 36242H104
THE GABELLI DIVIDEND & INCOME TRUST
Investor Relations Contact:
Laurissa Martire
(914) 921-5399
lmartire@gabelli.com
FAQ
What is the dividend rate for GDV's Series M Cumulative Preferred Shares?
When are GDV's Series M Preferred Shares puttable/callable?
What is the mandatory redemption date for GDV's Series M Preferred Shares?
How much did GAMCO Investors purchase of GDV's Series M Preferred Shares?
