Gabelli Dividend & Income Trust Expands Investment Team with Jeff Jonas, CFA Named Portfolio Manager

RYE, N.Y.--()--GAMCO Investors, Inc. (NYSE:GBL) announced the addition of Jeff Jonas, CFA to the investment team of the Gabelli Dividend & Income Trust (the “Fund”). Jeff joins Mario J. Gabelli, Barbara G. Marcin, Robert D. Leininger, Kevin V. Dreyer, and Christopher J. Marangi, as (y)our Fund continues to expand its investment team.

Commenting on the appointment, Mr. Gabelli said, “We are delighted to have Jeff join the Dividend & Income Trust team. Jeff has an excellent foundation in Gabelli research that will make him a valuable addition to help our team find investments that meet the objectives of (y)our Fund.”

Mr. Jonas started his career with Gabelli & Company, Inc. in July 2003 as a research analyst covering the health & wellness sector, focusing on cardiovascular, plastic surgery, and pharmacy benefits management companies. In 2007, Mr. Jonas was named a Portfolio Manager of the Gabelli Healthcare & WellnessRx Trust. Mr. Jonas graduated as a Gabelli Presidential Scholar from the Carroll School of Management at Boston College with a B.S. in finance and management information systems.

The Gabelli Dividend & Income Trust (NYSE:GDV) is a non-diversified, closed-end management investment company with $2.0 billion in total net assets. The Fund’s primary investment objective is to provide a high level of total return with an emphasis on dividends and income.

GAMCO Investors, Inc. (NYSE:GBL), through its subsidiaries, manages assets of private advisory accounts, mutual funds and closed-end funds, and investment partnerships and offshore funds and is well known for its Private Market Value with a Catalyst™ style of investment. As of December 31, 2011, GAMCO Investors, Inc. had $34.1 billion in assets under management.

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Contacts

GAMCO Investors, Inc.
President & Chief Operating Officer
Douglas R. Jamieson, 914-921-5020
djamieson@gabelli.com
www.gabelli.com

Contacts

GAMCO Investors, Inc.
President & Chief Operating Officer
Douglas R. Jamieson, 914-921-5020
djamieson@gabelli.com
www.gabelli.com