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SMALL BUSINESS
Gabelli Global Multimedia Trust Confirms Series C Preferred Stock Ratings
Business Wire
Currently, the Gabelli Global Multimedia Trust Inc. (NYSE:GGT) (the
“Fund”) has 600 shares of Series C Auction Rate Cumulative Preferred
Stock outstanding. The Series C Preferred Shares are rated “Aaa” by
Moody’s Investors Service and “AAA” by Standard & Poor’s Ratings
Services.
Fitch Ratings Inc. was terminated on June 15, 2009 in order to
consolidate services among rating agencies.
The Gabelli Global Multimedia Trust Inc. is a non-diversified,
closed-end management investment company with $142 million in total
assets whose primary investment objective is long-term growth of
capital. The Fund is managed by Gabelli Funds, LLC, a subsidiary of
GAMCO Investors, Inc. (NYSE:GBL), which is a publicly traded NYSE listed
company.
Copyright Business Wire 2009
2009-12-08 13:59:00
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