 Moodys Investors Service has assigned an A2 rating to The Gabelli Multimedia Trust Inc.s Ticker: GGT, or the fund new 50 million 5.125 Series G Cumulative Preferred Shares. GGT will use the net proceeds from the issuance to redeem its outstanding 6.00 Series B Cumulative Preferred Shares 20 million with the remainder of the proceeds to be reinvested back into the portfolio. Concurrently, Moodys affirmed the ratings on GGTs existing Series C Auction Rate Preferred Shares and 5.125 Series E Cumulative Preferred Shares. 