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Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declares Distributions of $0.10 per Share

1. GLU continues fixed monthly cash distributions of $0.10 per share through Q3 2025. 2. Annual minimum distribution remains 6% of initial offering price of $20.00 per share. 3. Board reviews distributions quarterly, with adjustments possible in December based on performance. 4. Majority of 2025 distributions from returns of capital; tax strategy detailed for shareholders. 5. Total net assets of GLU currently stand at $124 million, focused on after-tax returns.

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FAQ

Why Bullish?

Stable and consistent cash distributions enhance investor confidence and attract more capital, similar to prior successful distribution strategies by similar funds.

How important is it?

Consistent distributions are crucial for income-focused investors in GLU, signaling stability and growth potential, especially in current market conditions.

Why Long Term?

Establishing consistent monthly distributions signals financial health, likely maintaining investor interest and supporting future stability.

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GAMIGLUC
RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.10 per share for each of July, August, and September 2025.  Distribution Month Record Date Payable Date Distribution Per Share July July 17, 2025 July 24, 2025 $0.10 August August 15, 2025 August 22, 2025 $0.10 September September 16, 2025 September 23, 2025 $0.10 Under the Fund’s initial distribution policy, the Fund has paid a minimum annual distribution of 6% of the initial public offering price of $20.00 per share (a distribution of $0.10 per share each month). Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. If necessary, the Fund will pay an adjusting distribution in December which includes any additional income and net realized capital gains in excess of the monthly distributions for that year to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies. The Fund’s distribution policy is subject to modification by the Board of Trustees at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund. All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income", which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund. If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis. Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2025 would include approximately 17% from net investment income, 30% from net capital gains and 53% would be deemed a return of capital on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the monthly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call: Adam Tokar(914) 457-1079 About The Gabelli Global Utility & Income TrustThe Gabelli Global Utility & Income Trust is a diversified, closed-end management investment company with $124 million in total net assets whose primary investment objective is to seek a consistent level of after-tax total return for its investors with an emphasis on tax-advantaged dividend income under current tax law. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI). NYSE American – GLUCUSIP – 36242L105 Investor Relations Contact: Adam Tokar(914) 457-1079atokar@gabelli.com

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