NYSE:GGT - Gabelli Multimedia Trust Stock Price, News, & Analysis

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$8.30 +0.05 (+0.61 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$8.30
Today's Range$8.20 - $8.33
52-Week Range$6.90 - $10.09
Volume58,408 shs
Average Volume55,229 shs
Market Capitalization$201.52 million
P/E RatioN/A
Dividend Yield11.04%
Beta1.31
The Gabelli Multimedia Trust Inc. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds LLC. The fund invests in the public equity markets across the globe. It invests in stocks, convertible securities, preferred stock, options, and warrants of companies operating across global telecommunications, media, publishing, and entertainment industries. The fund also invests in companies participating in emerging technological advances in interactive services and products. It invests in stocks of companies across market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index and MSCI World Free Index. It was formerly known as Gabelli Global Multimedia Trust Inc. The Gabelli Multimedia Trust Inc. was formed on November 15, 1994 and is domiciled in the United States.

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Industry, Sector and Symbol

Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$201.52 million
OptionableNot Optionable

Gabelli Multimedia Trust (NYSE:GGT) Frequently Asked Questions

What is Gabelli Multimedia Trust's stock symbol?

Gabelli Multimedia Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "GGT."

How often does Gabelli Multimedia Trust pay dividends? What is the dividend yield for Gabelli Multimedia Trust?

Gabelli Multimedia Trust announced a quarterly dividend on Monday, November 19th. Investors of record on Friday, December 7th will be paid a dividend of $0.24 per share on Friday, December 14th. This represents a $0.96 dividend on an annualized basis and a yield of 11.57%. The ex-dividend date of this dividend is Thursday, December 6th. This is an increase from Gabelli Multimedia Trust's previous quarterly dividend of $0.22. View Gabelli Multimedia Trust's Dividend History.

Has Gabelli Multimedia Trust been receiving favorable news coverage?

Headlines about GGT stock have been trending positive on Saturday, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gabelli Multimedia Trust earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of Gabelli Multimedia Trust's key competitors?

Who are Gabelli Multimedia Trust's key executives?

Gabelli Multimedia Trust's management team includes the folowing people:
  • Mr. Mario Joseph Gabelli C.F.A., CFA, Portfolio Mang. (Age 76)
  • Mr. Christopher J. Marangi, Portfolio Mang. (Age 45)
  • Mr. Bruce N. Alpert C.P.A., CPA, Principal Exec. Officer, Pres and Chief Operating Officer of Gabelli Funds Llc (Age 67)
  • Ms. Agnes Nora Mullady, Pres & Chief Operating Officer of the Open-End Fund Division & VP (Age 60)
  • Mr. Richard John Walz, Chief Compliance Officer (Age 60)

Who are Gabelli Multimedia Trust's major shareholders?

Gabelli Multimedia Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include GABELLI & Co INVESTMENT ADVISERS INC. (1.25%), Claraphi Advisory Network LLC (0.82%), LPL Financial LLC (0.56%), First Allied Advisory Services Inc. (0.34%), Institute for Wealth Management LLC. (0.16%) and Creative Planning (0.11%). Company insiders that own Gabelli Multimedia Trust stock include Christopher J Marangi, Mario J Gabelli and Of America Corp /De/ Bank. View Institutional Ownership Trends for Gabelli Multimedia Trust.

Which institutional investors are selling Gabelli Multimedia Trust stock?

GGT stock was sold by a variety of institutional investors in the last quarter, including LPL Financial LLC, Claraphi Advisory Network LLC, First Allied Advisory Services Inc., Wall Street Access Asset Management LLC, Janney Montgomery Scott LLC, Bank of America Corp DE and MML Investors Services LLC. View Insider Buying and Selling for Gabelli Multimedia Trust.

Which institutional investors are buying Gabelli Multimedia Trust stock?

GGT stock was acquired by a variety of institutional investors in the last quarter, including GABELLI & Co INVESTMENT ADVISERS INC., Questar Asset Management Inc., Institute for Wealth Management LLC., Cambridge Investment Research Advisors Inc., Bruderman Asset Management LLC, Brasada Capital Management LP, Sheaff Brock Investment Advisors LLC and Creative Planning. View Insider Buying and Selling for Gabelli Multimedia Trust.

How do I buy shares of Gabelli Multimedia Trust?

Shares of GGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gabelli Multimedia Trust's stock price today?

One share of GGT stock can currently be purchased for approximately $8.30.

How big of a company is Gabelli Multimedia Trust?

Gabelli Multimedia Trust has a market capitalization of $201.52 million.


MarketBeat Community Rating for Gabelli Multimedia Trust (NYSE GGT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  71 (Vote Outperform)
Underperform Votes:  74 (Vote Underperform)
Total Votes:  145
MarketBeat's community ratings are surveys of what our community members think about Gabelli Multimedia Trust and other stocks. Vote "Outperform" if you believe GGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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