Important Tax Information for Closed-End Fund Shareowners
Tax Treatment of 2007 Distributions

FOR IMMEDIATE RELEASE
Rye, NY
For information:
1-800-GABELLI



  Gabelli Funds announced the 2007 Distribution Allocations for the Gabelli Closed-End Funds.

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The Gabelli Equity Trust

  • Common Shares
  • 7.20% Tax Advantaged Pfd Shares - Series B
  • Auction Rate Pfd Shares - Series C
  • 5.875% Cum. Pfd Shares - Series D
  • Auction Rate Pfd Shares - Series E
  • 6.20% Cum. Pfd Shares - Series F

    The Gabelli Multimedia Trust

  • Common Shares
  • 6.00% Cum. Pfd Shares - Series B
  • Auction Rate Pfd Shares - Series C

    The Gabelli Convertible & Income Securities Fund

  • Common Shares
  • 6.00% Cum. Pfd Shares - Series B
  • Auction Rate Pfd Shares - Series C

    The Gabelli Utility Trust

  • Common Shares
  • 5.625% Cum. Pfd Shares - Series A
  • Auction Rate Pfd Shares - Series B

    The Gabelli Dividend & Income Trust

  • Common Shares
  • 5.875% Cum. Pfd Shares - Series A
  • Auction Rate Pfd Shares - Series B
  • Auction Rate Pfd Shares - Series C
  • 6.00% Cum. Pfd Shares - Series D
  • Auction Rate Pfd Shares - Series E

    The Gabelli Global Utility & Income Trust

  • Common Shares

    The Gabelli Global Gold, Natural Resources & Income Trust

  • Common Shares
  • 6.625% Cum. Pfd Shares - Series A

    The Gabelli Global Deal Fund

  • Common Shares

    The Gabelli Healthcare & Wellness Rx Trust

  • Common Shares
  •