Gabelli Dividend & Income Trust Completes Exchange Offer for Auction Rate Preferred Shares

Apr 16, 2021

The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV, Financial) (the “Fund”) is pleased to announce the completion of the Fund’s offer to exchange up to 100% of the Fund’s auction preferred shares, designated Series B Auction Market Preferred Shares, Series C Auction Market Preferred Shares, and Series E Auction Rate Preferred Shares (collectively, the “Auction Rate Preferred Shares”) for shares of the Fund’s Series J Cumulative Term Preferred Shares, par value $0.001 and liquidation preference $25,000 per share (the “Series J Preferred Shares”), and cash (the “Offer”).

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