The Board of Trustees of The Gabelli Dividend & Income Trust (NYSE:GDV)
(the "Fund") announced today the results of its 2011 Annual Meeting of
Shareholders, which was held on June 2, 2011 in Greenwich, Connecticut
(the "Meeting").
The shareholders voted to re-elect Frank J. Fahrenkopf, Jr., Anthonie C.
van Ekris, and Salvatore J. Zizza as Trustees to serve until the 2014
Annual Meeting and until their successors are duly elected and
qualified. Preferred shareholders also voted to re-elect Anthony J.
Colavita as a Trustee to serve until the 2014 Annual Meeting and until
his successor is duly elected and qualified.
A shareholder proposal to declassify the Board was defeated by
shareholders who voted either by proxy or at the Meeting. The Inspector
of Election determined that, of the Fund's outstanding shares that voted
on this proposal, 54% voted against and 43% voted for, with 3%
abstaining. For the precatory proposal to pass, the affirmative vote of
a majority of the shares represented in person or by proxy at the
Meeting was required.
The Gabelli Dividend & Income Trust is a non-diversified, closed-end
management investment company with approximately $2.0 billion in total
net assets whose primary investment objective is to provide a high level
of total return with an emphasis on dividends and income. The Fund is
managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc.
(NYSE:GBL), which is a publicly traded NYSE listed company.
The Gabelli Dividend & Income Trust Carter Austin (914)
921-5070 www.gabelli.com info@gabelli.com
The Gabelli Dividend & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fundâs investment objective is to seek a high level of total return with an emphasis on dividends and income. Under normal market conditions, the Fund invests at least 80% of its assets in dividend paying or other income-producing securities. In addition, under normal market conditions, at least 50% of the Fund's assets will consist of dividend paying equity securities. In making stock selections, the Fund's investment adviser looks for securities that have a superior yield and capital gains potential. The Fund invests in a range of sectors, including financial services, food and beverage, consumer products, cable and satellite, business services, paper and forest products, computer software and services, wireless communications, publishing, agriculture, building and construction, health care, broadcasting and others. The Fund's investment advisor is Gabelli Funds, LLC.
THE GABELLI DIVIDEND & INCOME TRUST 
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