Gabelli Dividend & Income Trust Schedule 13D activist filings

Saba Capital Management has disclosed a reduction in its beneficial ownership of The Gabelli Dividend & Income Trust.

Saba Capital Management, a significant shareholder in The Gabelli Dividend & Income Trust, has nominated Andre Clemot as an independent trustee for the 2026 annual meeting, while also disclosing recent share sales.

Mario Gabelli and affiliated entities have significantly increased their beneficial ownership in Gabelli Dividend & Income Trust's Preferred Shares, now holding 58.45% of the class.

Saba Capital Management, L.P. and its affiliates have significantly increased their beneficial ownership in The Gabelli Dividend & Income Trust, now holding 7.09% of common shares.