GAMCO Investors, Inc. (NYSE: GBL) today named David J.
Siino, CFA as Associate Portfolio Manager of The Gabelli Dividend &
Income Trust. He will report to Barbara G. Marcin who has been a
portfolio manager of this team-managed Fund since its inception on
November 28, 2003.
The Gabelli Dividend & Income Trust is a non-diversified,
closed-end management investment company. The Trust's investment
objective is to seek a high level of total return with an emphasis on
dividends and income.
Commenting on his appointment, Barbara Marcin said, "David's
experience covering the automotive and the financial sectors makes him
a valuable addition to help our team find companies that are suitable
to the objectives of The Gabelli Dividend & Income Trust."
Mr. Siino joined Gabelli in 1999 while attending the Bernard
Baruch College where he received his MBA. Mr. Siino began his career
as an Assistant Research Director at Barron's. Mr. Siino graduated cum
laude with a BA in English from Hofstra University.
GAMCO Investors, Inc., through its subsidiaries, manages assets of
private advisory accounts (GAMCO), mutual funds and closed-end funds
(Gabelli Funds, LLC), and partnerships and offshore funds (Investment
Partnerships). As of March 31, 2006, GAMCO Investors, Inc. had $27.6
billion in assets under management.
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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