Form NPORT-P - Monthly Portfolio Investments Report on Form N-PORT (Public)

1

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

—

March

31,

2024

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

 —

96.0%

DISTRIBUTION

COMPANIES

 —

54.7%

Broadcasting

 —

6.8%

10,000‌

Asahi

Broadcasting

Group

Holdings

Corp.

$

42,938‌

40,000‌

Beasley

Broadcast

Group

Inc.,

Cl. A†

....

31,200‌

6,000‌

Chubu-Nippon

Broadcasting

Co.

Ltd.

...

28,577‌

19,000‌

Cogeco

Inc.

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

798,125‌

30,000‌

Corus

Entertainment

Inc.,

OTC,

Cl. B

....

15,786‌

100,000‌

Corus

Entertainment

Inc.,

Toronto,

Cl. B

.

53,893‌

22,000‌

Fox

Corp.,

Cl. A

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

687,940‌

34,000‌

Fox

Corp.,

Cl. B

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

973,080‌

81,000‌

Grupo

Radio

Centro

SAB

de

CV,

Cl. A†

..

19,489‌

14,000‌

Informa

plc

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

146,874‌

215,000‌

ITV

plc

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

200,537‌

8,000‌

Liberty

Broadband

Corp.,

Cl. A†

.......

456,960‌

32,000‌

Liberty

Broadband

Corp.,

Cl. C†

.......

1,831,360‌

54,000‌

Liberty

Media

Corp.-Liberty

SiriusXM†

..

1,604,340‌

19,000‌

Liberty

Media

Corp.-Liberty

SiriusXM,

Cl. A†

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

564,300‌

68,566‌

Media

Prima

Berhad

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

6,374‌

5,000‌

Nexstar

Media

Group

Inc.

...........

861,450‌

7,000‌

Nippon

Television

Holdings

Inc.

.......

102,170‌

4,000‌

NRJ

Group

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

33,919‌

3,000‌

RTL

Group

SA

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

101,239‌

100,000‌

Sinclair

Inc.

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

1,347,000‌

33,000‌

TBS

Holdings

Inc.

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

916,667‌

66,000‌

TEGNA

Inc.

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

986,040‌

15,000‌

Television

Broadcasts

Ltd.†

..........

5,903‌

21,000‌

Television

Francaise

1

SA

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

191,895‌

240,000‌

TV

Azteca

SAB

de

CV†(a)

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

7,218‌

12,015,274‌

Business

Services

 —

1.1%

6,000‌

Carlisle

Support

Sevices

Group

Ltd.†(a)

.

606‌

3,000‌

Fluent

Inc.†

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

1,478‌

5,500‌

Heather

Venture

Holdings

Ltd.†

.......

0‌

5,500‌

Impellam

Group

plc

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

60,741‌

4,500‌

S&P

Global

Inc.

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

1,914,525‌

5,500‌

Tapir

Holdings

Ltd.†

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

0‌

1,977,350‌

Cable

 —

6.6%

37,700‌

AMC

Networks

Inc.,

Cl. A†

...........

457,301‌

2,300‌

Charter

Communications

Inc.,

Cl. A†

....

668,449‌

31,000‌

Cogeco

Communications

Inc.

.........

1,374,981‌

110,000‌

Comcast

Corp.,

Cl. A

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

4,768,500‌

19,400‌

MultiChoice

Group†

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

116,359‌

82,500‌

Rogers

Communications

Inc.,

New

York,

Cl. B

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

3,382,500‌

250,000‌

WideOpenWest

Inc.†

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

905,000‌

11,673,090‌

Shares

Market

Value

Computer

Software

and

Services

 —

0.2%

19,000‌

SolarWinds

Corp.†

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

$

239,780‌

2,500‌

Tencent

Holdings

Ltd.

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

97,037‌

336,817‌

Consumer

Services

 —

0.6%

59,000‌

Bollore

SE

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

394,007‌

150‌

Cie

de

L'Odet

SE

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

253,745‌

9,000‌

IAC

Inc.†

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

480,060‌

1,127,812‌

Diversified

Industrial

 —

0.7%

29,000‌

Bouygues

SA

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

1,183,574‌

6,000‌

Malaysian

Resources

Corp.

Berhad

.....

837‌

1,184,411‌

Entertainment

 —

17.8%

58,000‌

Atlanta

Braves

Holdings

Inc.,

Cl. A†

....

2,430,200‌

121,571‌

Atlanta

Braves

Holdings

Inc.,

Cl. C†

....

4,748,563‌

845,000‌

Grupo

Televisa

SAB,

ADR

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

2,704,000‌

9,500‌

Liberty

Media

Corp.-Liberty

Formula

One,

Cl. A†

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

558,030‌

30,000‌

Liberty

Media

Corp.-Liberty

Formula

One,

Cl. C†

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

1,968,000‌

5,092‌

Liberty

Media

Corp.-Liberty

Live,

Cl. A†

..

215,646‌

21,763‌

Liberty

Media

Corp.-Liberty

Live,

Cl. C†

..

953,655‌

4,000‌

M6

Metropole

Television

SA

..........

59,639‌

31,500‌

Madison

Square

Garden

Entertainment

Corp.†

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

1,235,115‌

28,200‌

Madison

Square

Garden

Sports

Corp.†

..

5,203,464‌

12,800‌

Naspers

Ltd.,

Cl. N

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

2,269,094‌

5,600‌

Netflix

Inc.†

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

3,401,048‌

7,500‌

Reading

International

Inc.,

Cl. A†

......

13,800‌

7,700‌

Reading

International

Inc.,

Cl. B†

......

112,343‌

2,200‌

Roku

Inc.†

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

143,374‌

45,000‌

Sphere

Entertainment

Co.†

..........

2,208,600‌

4,000‌

Sportradar

Group

AG,

Cl. A†

.........

46,560‌

12,000‌

Take-Two

Interactive

Software

Inc.†

....

1,781,880‌

17,000‌

TKO

Group

Holdings

Inc.

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

1,468,970‌

31,521,981‌

Equipment

 —

2.0%

6,500‌

Amphenol

Corp.,

Cl. A

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

749,775‌

48,500‌

Corning

Inc.

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

1,598,560‌

13,000‌

Flex

Ltd.†

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

371,930‌

5,000‌

QUALCOMM

Inc.

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

846,500‌

3,566,765‌

Financial

Services

 —

0.4%

4,200‌

Jardine

Matheson

Holdings

Ltd.

.......

156,660‌

34,500‌

Kinnevik

AB,

Cl. A†

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

388,705‌

95,000‌

Orascom

Financial

Holding

SAE†

......

674‌

2,000‌

PayPal

Holdings

Inc.†

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

133,980‌

2

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

(Continued)

—

March

31,

2024

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

(Continued)

DISTRIBUTION

COMPANIES

(Continued)

Financial

Services

(Continued)

32,750‌

Waterloo

Investment

Holdings

Ltd.†(a)

..

$

16,375‌

696,394‌

Food

and

Beverage

 —

0.4%

2,400‌

Pernod

Ricard

SA

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

388,257‌

2,500‌

Remy

Cointreau

SA

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

252,019‌

640,276‌

Information

Technology

 —

0.3%

19,100‌

Prosus

NV

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

599,120‌

Real

Estate

 —

1.8%

16,200‌

American

Tower

Corp.,

REIT

..........

3,200,958‌

15,000‌

Midway

Investments†(a)

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

189‌

3,201,147‌

Retail

 —

0.7%

4,000‌

Amazon.com

Inc.†

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

721,520‌

1,000‌

Best

Buy

Co.

Inc.

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

82,030‌

250‌

Meituan,

Cl. B†

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

3,092‌

310,000‌

Qurate

Retail

Inc.,

Cl. A†

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

381,300‌

1,187,942‌

Satellite

 —

0.6%

42,000‌

EchoStar

Corp.,

Cl. A†

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

598,500‌

10,000‌

Iridium

Communications

Inc.

.........

261,600‌

250,000‌

PT

Indosat

Tbk

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

176,206‌

3,000‌

SKY

Perfect

JSAT

Holdings

Inc.

.......

20,353‌

1,056,659‌

Telecommunications

 —

2.2%

34,000‌

Eurotelesites

AG†

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

135,536‌

42,000‌

GCI

Liberty

Inc.,

Escrow†(a)

.........

0‌

47,500‌

Liberty

Global

Ltd.,

Cl. A†

...........

803,700‌

158,000‌

Liberty

Global

Ltd.,

Cl. C†

...........

2,787,120‌

6,000‌

Viasat

Inc.†

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

108,540‌

3,834,896‌

Telecommunications:

Long

Distance

 —

1.0%

15,000‌

BCE

Inc.

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

509,727‌

130,000‌

Telesat

Corp.†

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

1,118,000‌

2,400‌

Telstra

Group

Ltd.,

ADR

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

30,101‌

4,203‌

TIM

SA,

ADR

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

74,603‌

1,732,431‌

Telecommunications:

National

 —

5.8%

21,000‌

Deutsche

Telekom

AG

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

509,757‌

54,000‌

Deutsche

Telekom

AG,

ADR

..........

1,307,340‌

11,500‌

Elisa

Oyj

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

513,020‌

1,500‌

Freenet

AG

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

42,205‌

3,605‌

Hellenic

Telecommunications

Organization

SA

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

53,166‌

Shares

Market

Value

5,600‌

Itissalat

Al-Maghrib

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

$

54,978‌

50,000‌

Koninklijke

KPN

NV

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

186,965‌

90,000‌

Liberty

Latin

America

Ltd.,

Cl. A†

......

627,300‌

1,000‌

Magyar

Telekom

Telecommunications

plc,

ADR

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

12,160‌

205,000‌

Megacable

Holdings

SAB

de

CV

.......

569,948‌

500,000‌

Nippon

Telegraph

&

Telephone

Corp.

....

594,530‌

5,000‌

Oi

SA,

ADR†

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

4‌

9,000‌

Orange

SA,

ADR

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

105,930‌

22,000‌

PLDT

Inc.,

ADR

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

542,520‌

17,000‌

Shenandoah

Telecommunications

Co.

...

295,290‌

55,000‌

Sitios

Latinoamerica

SAB

de

CV†

......

18,725‌

20,000‌

Swisscom

AG,

ADR

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

1,228,320‌

10,000‌

Telecom

Argentina

SA,

ADR

..........

79,500‌

40,000‌

Telecom

Italia

SpA†

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

9,714‌

21,000‌

Telefonica

Brasil

SA,

ADR

...........

211,470‌

195,000‌

Telefonica

SA,

ADR

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

859,950‌

136,000‌

Telekom

Austria

AG

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

1,137,108‌

15,172‌

Telia

Co.

AB

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

38,880‌

6,000‌

Telkom

Indonesia

Persero

Tbk

PT,

ADR

..

133,560‌

10,500‌

VEON

Ltd.,

ADR†

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

252,105‌

12,000‌

Verizon

Communications

Inc.

.........

503,520‌

50,000‌

Vodafone

Group

plc,

ADR

...........

445,000‌

10,332,965‌

Telecommunications:

Regional

 —

1.7%

65,000‌

Orange

Belgium

SA†

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

962,118‌

50,000‌

Telephone

and

Data

Systems

Inc.

......

801,000‌

78,000‌

TELUS

Corp.

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

1,248,780‌

3,011,898‌

Wireless

Communications

 —

4.0%

1,000‌

Altice

USA

Inc.,

Cl. A†

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

2,610‌

52,500‌

America

Movil

SAB

de

CV,

ADR

.......

979,650‌

21,000‌

Anterix

Inc.†

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

705,810‌

389,058‌

Jasmine

International

PCL(a)

.........

24,738‌

18,500‌

Millicom

International

Cellular

SA,

SDR†

.

377,121‌

55,000‌

Operadora

De

Sites

Mexicanos

SAB

de

CV

66,829‌

19,000‌

Orascom

Investment

Holding,

GDR†(a)

..

266‌

20,000‌

SK

Telecom

Co.

Ltd.,

ADR

...........

431,200‌

19,000‌

T-Mobile

US

Inc.

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

3,101,180‌

30,000‌

Turkcell

Iletisim

Hizmetleri

A/S,

ADR

....

155,700‌

33,515‌

United

States

Cellular

Corp.†

.........

1,223,297‌

7,068,401‌

TOTAL

DISTRIBUTION

COMPANIES

...

96,765,629‌

COPYRIGHT/CREATIVITY

COMPANIES

 —

41.1%

Business

Services

 —

0.1%

1,700‌

Light

&

Wonder

Inc.†

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

173,553‌

Business

Services:

Advertising

 —

2.4%

1,000‌

Boston

Omaha

Corp.,

Cl. A†

..........

15,460‌

145,000‌

Clear

Channel

Outdoor

Holdings

Inc.†

...

239,250‌

3

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

(Continued)

—

March

31,

2024

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

(Continued)

COPYRIGHT/CREATIVITY

COMPANIES

(Continued)

Business

Services:

Advertising

(Continued)

2,500‌

comScore

Inc.†

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

$

38,500‌

21,000‌

JCDecaux

SE†

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

407,805‌

25,400‌

Lamar

Advertising

Co.,

Cl. A,

REIT

.....

3,033,014‌

10,820‌

Magnite

Inc.†

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

116,315‌

1,500‌

Publicis

Groupe

SA

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

163,527‌

4,000‌

Ströeer

SE

&

Co.

KGaA

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

243,389‌

4,257,260‌

Computer

Hardware

 —

1.4%

14,800‌

Apple

Inc.

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

2,537,904‌

Computer

Software

and

Services

 —

8.3%

40,200‌

Alphabet

Inc.,

Cl. A†

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

6,067,386‌

25,000‌

eBay

Inc.

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

1,319,500‌

9,150‌

Meta

Platforms

Inc.,

Cl. A

...........

4,443,057‌

7,000‌

Microsoft

Corp.

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

2,945,040‌

300‌

Red

Violet

Inc.†

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

5,865‌

14,780,848‌

Consumer

Products

 —

2.1%

15,000‌

Johnson

Outdoors

Inc.,

Cl. A

.........

691,650‌

12,000‌

Nintendo

Co.

Ltd.

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

654,697‌

175,000‌

Nintendo

Co.

Ltd.,

ADR

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

2,378,250‌

3,724,597‌

Electronics

 —

6.2%

2,000‌

IMAX

Corp.†

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

32,340‌

13,500‌

Intel

Corp.

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

596,295‌

3,665‌

Koninklijke

Philips

NV†

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

73,300‌

120,500‌

Sony

Group

Corp.,

ADR

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

10,331,670‌

11,033,605‌

Entertainment

 —

11.3%

14,000‌

Capcom

Co.

Ltd.

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

261,355‌

79,200‌

GMM

Grammy

Public

Co.

Ltd.†

.......

12,264‌

15,000‌

Lions

Gate

Entertainment

Corp.,

Cl. A†

..

149,250‌

6,000‌

Lions

Gate

Entertainment

Corp.,

Cl. B†

..

55,860‌

3,000‌

Live

Nation

Entertainment

Inc.†

.......

317,310‌

37,011‌

Manchester

United

plc,

Cl. A†

.........

516,674‌

230,000‌

Ollamani

SAB†

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

415,465‌

86,300‌

Paramount

Global,

Cl. A

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

1,883,929‌

40,000‌

Paramount

Global,

Cl. B

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

470,800‌

16,000‌

Reservoir

Media

Inc.†

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

126,880‌

3,200‌

Spotify

Technology

SA†

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

844,480‌

7,000‌

Square

Enix

Holdings

Co.

Ltd.

........

269,217‌

17,176‌

STV

Group

plc

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

50,836‌

103,000‌

Tencent

Music

Entertainment

Group,

ADR†

1,152,570‌

31,000‌

The

Marcus

Corp.

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

442,060‌

20,000‌

The

Walt

Disney

Co.

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

2,447,200‌

24,000‌

Ubisoft

Entertainment

SA†

...........

505,031‌

29,000‌

Universal

Entertainment

Corp.

........

368,965‌

Shares

Market

Value

73,000‌

Universal

Music

Group

NV

...........

$

2,195,719‌

345,000‌

Vivendi

SE

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

3,759,253‌

300,000‌

Warner

Bros

Discovery

Inc.†

.........

2,619,000‌

34,500‌

Warner

Music

Group

Corp.,

Cl. A

......

1,139,190‌

20,003,308‌

Hotels

and

Gaming

 —

6.2%

17,900‌

Boyd

Gaming

Corp.

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

1,205,028‌

22,000‌

Caesars

Entertainment

Inc.†

..........

962,280‌

1,200‌

Churchill

Downs

Inc.

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

148,500‌

61,000‌

Entain

plc

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

613,927‌

1,000‌

Flutter

Entertainment

plc†

...........

199,294‌

30,000‌

Full

House

Resorts

Inc.†

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

167,100‌

20,000‌

Golden

Entertainment

Inc.

...........

736,600‌

4,200‌

Greek

Organization

of

Football

Prognostics

SA

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

75,580‌

60,000‌

International

Game

Technology

plc

.....

1,355,400‌

100,000‌

Mandarin

Oriental

International

Ltd.

....

155,500‌

25,000‌

Melco

Resorts

&

Entertainment

Ltd.,

ADR†

180,250‌

20,000‌

MGM

China

Holdings

Ltd.†

..........

33,423‌

21,000‌

MGM

Resorts

International†

.........

991,410‌

4,000‌

Penn

Entertainment

Inc.†

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

72,840‌

23,000‌

Ryman

Hospitality

Properties

Inc.,

REIT

.

2,659,030‌

13,500‌

Wynn

Resorts

Ltd.

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

1,380,105‌

10,936,267‌

Publishing

 —

2.3%

17,000‌

Arnoldo

Mondadori

Editore

SpA

.......

42,733‌

974,000‌

Bangkok

Post

plc†

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

29,363‌

2,800‌

Graham

Holdings

Co.,

Cl. B

..........

2,149,504‌

25,000‌

Lee

Enterprises

Inc.†

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

333,250‌

1,000,000‌

Nation

Group

Thailand

Public

Co.

Ltd.†(a)

822‌

28,000‌

News

Corp.,

Cl. A

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

733,040‌

11,000‌

News

Corp.,

Cl. B

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

297,660‌

6,779‌

Novus

Holdings

Ltd.

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

1,561‌

66,000‌

The

E.W.

Scripps

Co.,

Cl. A†

..........

259,380‌

1,000‌

Wolters

Kluwer

NV

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

156,649‌

4,003,962‌

Real

Estate

 —

0.8%

500‌

Equinix

Inc.,

REIT

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

412,665‌

57,500‌

Outfront

Media

Inc.,

REIT

...........

965,425‌

1,378,090‌

TOTAL

COPYRIGHT/CREATIVITY

COMPANIES

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

72,829,394‌

ENTERTAINMENT

 —

0.2%

Broadcasting

 —

0.2%

15,000‌

Endeavor

Group

Holdings

Inc.,

Cl. A

....

385,950‌

TOTAL

COMMON

STOCKS

.........

169,980,973‌

4

The

Gabelli

Multimedia

Trust

Inc.

Schedule

of

Investments

(Continued)

—

March

31,

2024

(Unaudited)

Shares

Market

Value

CLOSED-END

FUNDS

 —

0.0%

8,000‌

Altaba

Inc.,

Escrow†

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

$

19,200‌

PREFERRED

STOCKS

 —

0.5%

DISTRIBUTION

COMPANIES

 —

0.5%

Broadcasting

 —

0.1%

6,000‌

Liberty

Broadband

Corp.,

Ser.

A,

7.000%

.

139,800‌

Retail

 —

0.4%

15,500‌

Qurate

Retail

Inc.,

8.000%,

03/15/31

....

770,660‌

TOTAL

DISTRIBUTION

COMPANIES

...

910,460‌

TOTAL

PREFERRED

STOCKS

........

910,460‌

WARRANTS

 —

0.0%

DISTRIBUTION

COMPANIES

 —

0.0%

Real

Estate

 —

0.0%

600‌

Malaysian

Resources

Corp.

Berhad,

expire

10/29/27†

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

18‌

Principal

Amount

U.S.

GOVERNMENT

OBLIGATIONS

 —

3.5%

$

6,235,000‌

U.S.

Treasury

Bills,

5.235%

to

5.330%††,

05/23/24

to

09/12/24

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

6,148,715‌

TOTAL

INVESTMENTS

—

100.0%

....

(Cost

$166,622,514)

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

$

177,059,366‌

(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

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

70.2‌

%

$

124,238,593‌

Europe

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

14.7‌

26,072,737‌

Japan

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

9.0‌

15,969,389‌

Latin

America

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

2.9‌

5,196,701‌

Asia/Pacific

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

1.8‌

3,139,015‌

South

Africa

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

1.4‌

2,387,013‌

Africa/Middle

East

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

0.0‌

*

55,918‌

Total

Investments

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

100.0‌%

$

177,059,366‌

*

Amount

represents

less

than

0.05%.

---