The Gabelli Multimedia Trust Inc.

NYSE:GGT Lagerbericht

Marktkapitalisierung: US$172.7m

Gabelli Multimedia Trust Zukünftiges Wachstum

Future Kriterienprüfungen 0/6

Wir verfügen derzeit nicht über ausreichende Analystenabdeckung, um Wachstum und Umsatz für Gabelli Multimedia Trust zu prognostizieren.

Wichtige Informationen

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Wachstumsrate der Gewinne

n/a

EPS-Wachstumsrate

Capital Markets Gewinnwachstum11.6%
Wachstumsrate der Einnahmenn/a
Zukünftige Eigenkapitalrenditen/a
Analystenabdeckung

None

Zuletzt aktualisiertn/a

Jüngste Aktualisierungen zum künftigen Wachstum

Keine Aktualisierungen

Recent updates

Seeking Alpha • Jun 20

GGT Is Overvalued: Preferreds Offer Better Risk-Adjusted Entry

Summary Gabelli Multi-Media Trust common stock's 19.95% yield is misleading, with most distributions being return of capital and a persistent premium to NAV. GGT's five-year NAV total return is a modest 3.72%, underperforming peers and failing to capture broader market gains. GGT preferreds offer ~6.3% yield, trade below par, have A credit ratings, and are structurally superior for conservative investors. I avoid GGT common stock due to overvaluation and recommend the preferreds for disciplined, risk-adjusted income exposure. Read the full article on Seeking Alpha
Seeking Alpha • Oct 17

Revisited: You're Still Far Better Off In CLM Than GGT

Summary As many of you know, I like to write what I call "comparative valuation" articles between equity CEFs when certain price levels and performances make it pretty clear which fund will outperform. One year ago, I wrote an article titled "You're Still Going To Be Far Better Off In CLM Than GGT," which in itself, was a roughly one-year "comparative analysis." Because when it came to funds with ultra-high NAV distribution yields, Cornerstone's CLM and Gabelli's GGT were the top dogs among all CEFs. But when NAV yields jump to 25% or more, the odds that a fund can even cover those NAV yields drop significantly. And when valuations diverge along with NAV yields and NAV performances, the predictability of each fund's market price going forward becomes almost perfunctory. Read the full article on Seeking Alpha
Seeking Alpha • Dec 07

Equity CEFs: Blatant Disregard Of Reality In GGT

Summary Last month, the board of directors of the Gabelli Multimedia fund (GGT) once again ignored the obvious and kept GGT's quarterly distribution at $0.22/share. Shareholders have celebrated that by bidding up GGT's market price back to a 70% market price premium, second highest of all CEFs currently. But from my perch, neither GGT's board of directors or GGT's shareholders are dealing in reality and you only have to go back a few years to realize that. In November 2020, I wrote an article pointing out that GGT's 10% NAV distribution policy was not being followed and it's been that way ever since. So while GGT's $0.22/share has remained the same since then, GGT's NAV has dropped -50%, from $7.30/share when I wrote the article to $3.62/share today. Read the full article on Seeking Alpha
Seeking Alpha • Jun 26

Equity CEFs: What Kind Of Madness Is This? Sell GGT, Buy NBXG

Summary The Gabelli Multimedia fund (GGT) is, right now, the most over-priced technology and multimedia focused CEF in history. The fund has actually lost NAV during one of the great bull markets in technology this year. GGT's NAV started the year at $3.89 and it closed Friday at $3.83. That's what happens when you have a 23.0% NAV yield that has very little chance of being covered by the fund's holdings and the end result is continued NAV erosion. Compare that to the Neuberger & Berman Next Generation Connectivity fund (NBXG), whose NAV started the year at $11.63 and has grown to $12.89, even after distributions. And you can buy NBXG at an -18.9% market price discount instead of a ridiculous 77% market premium for GGT. The valuation discrepancy, in my opinion, is so absurd, so insane, it's literally beyond comprehension. GGT should be worth no more than its NAV, and one day, GAMCO will have to cut GGT's $0.22/share quarterly distribution, unless they're willing to see GGT's NAV go to zero eventually. Read the full article on Seeking Alpha
Seeking Alpha • Feb 17

Gabelli Multi-Media declares $0.22 dividend

Gabelli Multi-Media (NYSE:GGT) declares $0.22/share quarterly dividend, in line with previous. Forward yield 15.38% Payable March 24; for shareholders of record March 17; ex-div March 16. See GGT Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Nov 11

Gabelli Multimedia Trust declares $0.22 dividend

Gabelli Multimedia Trust (NYSE:GGT) declares $0.22/share quarterly dividend, in line with previous. Forward yield 13.95% Payable Dec. 16; for shareholders of record Dec. 9; ex-div Dec. 8. See GGT Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Oct 07

Equity CEFs: Why MCN Should Be The Fund At A 69% Premium

Summary You cannot make this stuff up. We're in a bear market, right? Then why is a CEF that has lost -46.1% of its NAV this year trading at a +69% market-price premium? And why is another CEF whose NAV is only down -2.0% YTD trading at a discount when its defensive option strategy is working wonders in this market? There's no justification for this. The unusual thing is that both of these funds have about the same market price and even similar market yields. The difference however is that one fund's portfolio, as represented by its NAV performance, is excelling in this market environment while the other is collapsing. Is this a swap opportunity? Absolutely. Particularly when you could easily replicate the one fund's portfolio without paying a 69% market price premium. Try doing that with the other at a discount. If the Gabelli Multimedia fund (GGT), $6.54 current market price, isn't the worst risk/reward in the markets today, I don't know what security is. It's bad enough that anyone would pay $6.54/share or a 69% premium for a fund whose liquidation value is only $3.87, but the real problem is how is GGT going to maintain a $0.22/share quarterly distribution when the annualized NAV distribution is now 22.7%? That's based on an $0.88/share annualized distribution divided by the current $3.87 NAV (XGGTX). That's almost one-quarter of GGT's value being paid out in distributions each year if the NAV didn't change. The fact is it can't, particularly in the market we are in. And if you do the calculations, GGT has already well overpaid its 10% NAV distribution policy this year already with its first three $0.22/share quarterly distributions. So technically speaking, GGT should have no fourth quarter distribution when declared around the 2nd week of November. Gabelli (GAMCO) obviously won't do that, but there's no question that GGT is looking at a major distribution cut from $0.22/share due to its astronomical 22.7% NAV yield. Just to give you an idea of how high that is, I red-flag funds in my Equity CEF Performance spreadsheet which have NAV yields over 12%, so 22.7% is in another stratosphere. But why has GGT's NAV been halved this year (not including distributions), starting from an $8.25 NAV on 12/31/2021 to $3.87 today, way worse than the Nasdaq-100 (QQQ), $279.76 current market price, which is down -29.1% YTD Data by YCharts Because a). GGT is a HIGHLY leveraged large cap growth and multimedia stock fund whose sectors have been out-of-favor this year and b). Because of the fund's 10% NAV distribution policy that has jumped to 22.7% due to the substantial loss of NAV. Note: A fund's NAV is its true net worth, i.e. its liquidation value, taking into account all of the fund's assets minus liabilities Here's the top 10 holdings list for GGT as of 9/29/22: GAMCO Now imagine going 40% on margin this year owning these and other multimedia growth stocks. That's like turbo charging the downside of your portfolio in a bear market. So why would anyone pay $6.54 for a fund only worth $3.87 when every other growth and technology CEF is trading at a discount? Good question. Maybe they think growth and technology is going to turn around. But if that's the case, why not buy another technology CEF at a discount that also has turnaround capability? Or why not simply replicate GGT's portfolio and not have to pay a 69% market price premium for the fund's assets? The fact of the matter is that most buyers of GGT right now have no idea what the fund's NAV is, or that the fund is in dire need of a distribution cut. All they see is the Gabelli name and a 13.5% current market yield and they say, "Where do I sign up?" I'll tell you where to sign up. How about a fund that also is all stock but doesn't use leverage and instead, sells individual options against its mostly large cap value-focused S&P 500 portfolio. That's what the Madison Covered-Call & Equity Strategy fund (MCN), $6.71 current market price, does and a heck of a lot more. The portfolio managers of MCN also add an S&P 500 Put spread, with long Puts in-the-money on just about the entire notional value of the portfolio while also selling S&P 500 Puts out-of-the-money to help defray the long Put expense. This is a VERY defensive strategy and a big reason why MCN's NAV is only down -2.0% YTD. You read that right. Only -2.0% YTD (see graph below). No other S&P 500 focused fund comes even close to that level of outperformance. And unlike GGT, MCN offers a sustainable 10.6% current market yield, also paid quarterly. Here is MCN's stock portfolio and option overlay as of 8/31/22: As you go through the slides, you'll first see the roughly 35 stocks in MCN's diversified portfolio. What you will notice is that the portfolio is not over-loaded in the mega-cap technology names, but rather represents a broad cross section of companies and industries. The next page shows the current level of cash, 31.9% that the fund was carrying at the end of August after a rally that month. But cash can vary substantially due to market conditions. At the end of June, when the markets were close to their lows, cash was only 11.6% as more cash was put to work. Another strong bonus for owning the fund. Then on page 3 you see the written Call options in place for September on out to December. And finally, on page 4, you see the S&P 500 Put spread. The bottom line is that MCN is very downside protected fund and frankly, should be trading at one of the highest premiums of all CEFs considering its 10.7% current market yield and slight discount. Executive Summary So where are we? We have two equity only CEFs that trade at almost the same market price, $6.71 for MCN and $6.54 for GGT, but yet have wildly different liquidation values (NAVs) of $6.74 for MCN and $3.87 for GGT, as well as wildly different NAV total return performances YTD, -2.0% for MCN and -46.1% for GGT. Data by YCharts So I ask you. Is there any logic whatsoever with how these CEFs are priced based on their comparative valuations? And is there any question at all which one of these funds should really be trading at a premium valuation in this market environment?

In diesem Abschnitt stellen wir normalerweise Umsatz- und Gewinnwachstumsprognosen vor, die auf den Konsensschätzungen professioneller Analysten basieren, um den Anlegern zu helfen, die Fähigkeit des Unternehmens zur Gewinnerzielung zu verstehen. Da Gabelli Multimedia Trust jedoch nicht genügend Daten aus der Vergangenheit zur Verfügung gestellt hat und keine Analystenprognose vorliegt, können die zukünftigen Erträge nicht zuverlässig durch Extrapolation von Vergangenheitsdaten oder anhand von Analystenprognosen berechnet werden.

Dies ist eine recht seltene Situation, da 97 % der von SimplyWall St erfassten Unternehmen über Finanzdaten aus der Vergangenheit verfügen.

Gewinn- und Umsatzwachstumsprognosen

NYSE:GGT - Zukünftige Analystenschätzungen und Finanzdaten der Vergangenheit (USD Millions)
DatumUmsatzGewinneFreier CashflowBargeld aus operativen TätigkeitenDurchschn. Anz. Analysten
12/31/2025439N/AN/AN/A
9/30/2025438N/AN/AN/A
6/30/2025336N/AN/AN/A
3/31/2025324N/AN/AN/A
12/31/2024312N/AN/AN/A
9/30/202437N/AN/AN/A
6/30/202443N/AN/AN/A
3/31/2024411N/AN/AN/A
12/31/2023419N/AN/AN/A
9/30/202349N/AN/AN/A
6/30/20234-2N/AN/AN/A
3/31/20234-49N/AN/AN/A
12/31/20224-97N/AN/AN/A
12/31/2021323N/AN/AN/A
12/31/2020428N/AN/AN/A
9/30/202053N/AN/AN/A
6/30/20206-22N/AN/AN/A
3/31/2020612N/AN/AN/A
12/31/2019745N/AN/AN/A
9/30/2019522N/AN/AN/A
6/30/20194-2N/AN/AN/A
3/31/20194-18N/AN/AN/A
12/31/20184-35N/AN/AN/A
9/30/20184-8N/AN/AN/A
6/30/2018418N/AN/AN/A
3/31/2018434N/AN/AN/A
12/31/2017450N/AN/AN/A
9/30/2017346N/AN/AN/A
6/30/2017342N/AN/AN/A
3/31/2017428N/AN/AN/A
12/31/2016415N/AN/AN/A
9/30/20164-1N/AN/AN/A
6/30/20164-16N/AN/AN/A
3/31/20164-14N/AN/AN/A
12/31/20154-12N/AN/AN/A
9/30/201540N/AN/AN/A

Analystenprognosen zum zukünftigen Wachstum

Einkommen vs. Sparrate: Unzureichende Daten, um festzustellen, ob das prognostizierte Gewinnwachstum von GGT über der Sparquote liegt (3.5%).

Ertrag vs. Markt: Unzureichende Daten, um festzustellen, ob die Gewinne von GGT schneller wachsen werden als der Markt US

Hohe Wachstumserträge: Die Daten reichen nicht aus, um festzustellen, ob die Einnahmen von GGT in den nächsten 3 Jahren erheblich steigen werden.

Einnahmen vs. Markt: Die Daten reichen nicht aus, um festzustellen, ob die Einnahmen von GGT schneller wachsen werden als der Markt von US.

Hohe Wachstumseinnahmen: Es liegen keine ausreichenden Daten vor, um festzustellen, ob die Einnahmen von GGT schneller wachsen werden als 20% pro Jahr.

Wachstumsprognosen für den Gewinn je Aktie

Künftige Eigenkapitalrendite

Künftige Eigenkapitalrendite: Unzureichende Daten, um festzustellen, ob die Eigenkapitalrendite von GGT in 3 Jahren voraussichtlich hoch sein wird

Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/07/21 03:05
Aktienkurs zum Tagesende2026/07/21 00:00
Gewinne2025/12/31
Jährliche Einnahmen2025/12/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Details zum Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite; außerdem bieten wir Leitfäden zur Nutzung unserer Berichte und Tutorials auf Youtube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

The Gabelli Multimedia Trust Inc. wird von 0 Analysten beobachtet. 0 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.