The

Gabelli

Dividend

Income

Trust

Schedule

Investments

—

March

31,

2026

(Unaudited)

Market

Value

COMMON

STOCKS

—

88.4%

Aerospace

and

Defense

—

3.6%

1,000‌

Airbus

.......................

185,884‌

7,370‌

Allient

Inc.

......................

435,493‌

10,000‌

Astronics

Corp.†

..................

667,300‌

17,500‌

Avio

SpA

.......................

669,526‌

1,950‌

BAE

Systems

plc,

ADR

.............

227,175‌

5,600‌

CAE

Inc.†

.......................

145,880‌

5,500‌

Ducommun

Inc.†

.................

671,000‌

2,000‌

Elbit

Systems

Ltd.

.................

1,698,180‌

1,000‌

Embraer

SA,

ADR

.................

59,340‌

700‌

Firefly

Aerospace

Inc.†

.............

19,929‌

5,500‌

General

Dynamics

Corp.

............

1,887,710‌

10,000‌

HEICO

Corp.

.....................

2,742,000‌

42,000‌

Hexcel

Corp.

.....................

3,399,060‌

90,200‌

Howmet

Aerospace

Inc.

.............

20,787,492‌

5,000‌

Innovative

Solutions

and

Support

Inc.†

102,650‌

700‌

Karman

Holdings

Inc.†

.............

56,035‌

73,150‌

L3Harris

Technologies

Inc.

...........

25,247,723‌

10,000‌

Leidos

Holdings

Inc.

...............

1,555,200‌

7,000‌

Lockheed

Martin

Corp.

.............

4,230,730‌

2,325‌

Mercury

Systems

Inc.†

.............

169,516‌

2,000‌

MTU

Aero

Engines

..............

716,627‌

3,213‌

Northrop

Grumman

Corp.

...........

2,192,037‌

10,000‌

Park

Aerospace

Corp.

..............

273,800‌

1,140,000‌

Rolls-Royce

Holdings

plc

............

17,080,793‌

33,000‌

RTX

Corp.

......................

6,365,700‌

42,000‌

StandardAero

Inc.†

................

1,084,860‌

2,000‌

Thales

......................

582,780‌

89,304‌

The

Boeing

Co.†

..................

17,774,175‌

10,000‌

Woodward

Inc.

...................

3,579,200‌

114,607,795‌

Automotive

—

0.8%

26,500‌

Daimler

Truck

Holding

...........

1,270,227‌

22,025‌

Dauch

Corp.†

....................

130,608‌

500‌

Ferrari

......................

169,225‌

25,000‌

Ford

Motor

Co.

...................

288,500‌

40,000‌

Iveco

Group

..................

884,919‌

300‌

Lithia

Motors

Inc.

.................

74,916‌

9,400‌

Mercedes-Benz

Group

...........

569,217‌

103,800‌

PACCAR

Inc.

....................

11,988,900‌

100,000‌

Piaggio

SpA

..................

177,192‌

16,000‌

Tesla

Inc.†

......................

5,948,000‌

4,320‌

Toyota

Motor

Corp.,

ADR

............

890,309‌

47,000‌

Traton

.......................

1,674,295‌

24,066,308‌

Automotive:

Parts

and

Accessories

—

2.1%

50,000‌

Aptiv

plc†

......................

3,472,000‌

22,000‌

Atmus

Filtration

Technologies

Inc.

.....

1,248,940‌

175,000‌

Dana

Inc.

.......................

5,888,750‌

299,002‌

Garrett

Motion

Inc.

................

5,432,866‌

Market

Value

197,800‌

Genuine

Parts

Co.

.................

20,917,350‌

4,000‌

Lear

Corp.

......................

484,320‌

9,000‌

Modine

Manufacturing

Co.†

..........

1,950,390‌

136,000‌

Monro

Inc.

......................

2,181,440‌

264,500‌

O'Reilly

Automotive

Inc.†

............

24,415,995‌

65,992,051‌

Broadcasting

—

0.2%

342,100‌

Canal+

......................

904,928‌

272,500‌

Grupo

Televisa

SAB,

ADR

............

792,975‌

25,000‌

Liberty

Broadband

Corp.,

Cl. C†

.......

1,257,500‌

115,000‌

Sinclair

Inc.

.....................

1,488,100‌

10,000‌

Sirius

Holdings

Inc.

.............

230,800‌

2,600‌

Versant

Media

Group

Inc.

...........

96,252‌

4,770,555‌

Building

and

Construction

—

1.5%

13,700‌

Amrize

Ltd.†

.....................

767,474‌

5,500‌

Arcosa

Inc.

......................

583,770‌

38,000‌

Carrier

Global

Corp.

...............

2,139,780‌

1,500‌

Cie

Saint-Gobain

.............

121,468‌

3,800‌

CRH

plc

........................

399,456‌

10,500‌

D.R.

Horton

Inc.

..................

1,440,810‌

36,200‌

Fortune

Brands

Innovations

Inc.

.......

1,410,714‌

159,550‌

Herc

Holdings

Inc.

................

15,883,202‌

11,000‌

Holcim

......................

893,097‌

125,000‌

Johnson

Controls

International

plc

.....

16,368,750‌

15,000‌

Masterbrand

Inc.†

.................

124,650‌

11,900‌

Nobility

Homes

Inc.

................

357,059‌

11,000‌

Sika

........................

1,787,019‌

7,000‌

Trex

Co.

Inc.†

....................

254,940‌

9,300‌

United

Rentals

Inc.

................

6,775,608‌

49,307,797‌

Business

Services

—

2.9%

3,000‌

A10

Networks

Inc.

................

69,360‌

7,000‌

Fidelity

National

Information

Services

Inc.

328,370‌

88,210‌

Havas

.......................

1,528,343‌

2,200‌

HubSpot

Inc.†

...................

537,020‌

10,000‌

ICF

International

Inc.

...............

652,900‌

22,500‌

ITOCHU

Corp.

....................

279,930‌

16,000‌

Jardine

Matheson

Holdings

Ltd.

.......

1,138,400‌

80,000‌

JCDecaux

....................

1,708,809‌

7,000‌

Loomis

......................

316,627‌

12,000‌

Marubeni

Corp.

...................

424,788‌

127,200‌

Mastercard

Inc.,

Cl. A

..............

63,556,752‌

11,000‌

Mitsubishi

Corp.

..................

368,527‌

10,500‌

Mitsui

Co.

Ltd.

.................

394,250‌

4,000‌

NextNav

Inc.†

....................

64,080‌

220,000‌

NIQ

Global

Intelligence

plc†

..........

2,501,400‌

10,500‌

Rentokil

Initial

plc,

ADR

.............

330,540‌

15,000‌

RXO

Inc.†

......................

219,300‌

10,000‌

Sumitomo

Corp.

..................

364,198‌

The

Gabelli

Dividend

Income

Trust

Schedule

Investments

(Continued)

—

March

31,

2026

(Unaudited)

Market

Value

COMMON

STOCKS

(Continued)

Business

Services

(Continued)

71,000‌

Solutions

Inc.,

Cl. A

.............

6,085,410‌

45,000‌

Vestis

Corp.†

....................

353,700‌

39,000‌

Visa

Inc.,

Cl. A

...................

11,787,360‌

93,010,064‌

Cable

and

Satellite

—

0.7%

15,000‌

Cogeco

Inc.

.....................

747,574‌

363,000‌

Comcast

Corp.,

Cl. A

...............

10,421,730‌

26,600‌

EchoStar

Corp.,

Cl. A†

..............

3,114,062‌

22,000‌

Liberty

Latin

America

Ltd.,

Cl. A†

......

190,080‌

110,000‌

Liberty

Latin

America

Ltd.,

Cl. C†

......

970,200‌

217,500‌

Rogers

Communications

Inc.,

Cl. B

.....

8,362,875‌

23,806,521‌

Communications

Equipment

—

0.7%

97,000‌

Arista

Networks

Inc.†

..............

11,909,660‌

45,000‌

Corning

Inc.

.....................

6,118,650‌

7,500‌

QUALCOMM

Inc.

.................

965,850‌

66,000‌

Telesat

Corp.†

...................

2,389,200‌

21,383,360‌

Computer

Hardware

—

1.1%

101,800‌

Apple

Inc.

......................

25,835,822‌

19,500‌

Dell

Technologies

Inc.,

Cl. C

..........

3,200,535‌

5,000‌

Inc.

........................

96,050‌

18,500‌

Micron

Technology

Inc.

.............

6,250,040‌

35,382,447‌

Computer

Software

and

Services

—

5.9%

30,000‌

Systems

Corp.†

................

56,400‌

13,800‌

ABM

Industries

Inc.

...............

531,576‌

1,000‌

Akamai

Technologies

Inc.†

...........

114,850‌

3,800‌

Alibaba

Group

Holding

Ltd.,

ADR

......

476,748‌

25,000‌

Alphabet

Inc.,

Cl. A

................

7,189,000‌

154,200‌

Alphabet

Inc.,

Cl. C

................

44,233,812‌

110,800‌

Amazon.com

Inc.†

................

23,076,316‌

8,520‌

Backblaze

Inc.,

Cl. A†

..............

29,394‌

1,250‌

Capgemini

....................

145,204‌

5,800‌

Check

Point

Software

Technologies

Ltd.†

828,530‌

23,000‌

Cisco

Systems

Inc.

................

1,784,570‌

15,000‌

CoreWeave

Inc.,

Cl. A†

.............

1,162,050‌

12,800‌

CrowdStrike

Holdings

Inc.,

Cl. A†

......

4,997,248‌

5,000‌

Fastly

Inc.,

Cl. A†

.................

145,300‌

37,000‌

Fiserv

Inc.†

.....................

2,064,600‌

2,031‌

Fortinet

Inc.†

....................

165,973‌

36,200‌

Gen

Digital

Inc.

...................

681,646‌

546,889‌

Hewlett

Packard

Enterprise

Co.

........

13,021,427‌

4,790‌

Intuit

Inc.

.......................

2,071,100‌

30,500‌

Kyndryl

Holdings

Inc.†

.............

400,160‌

33,125‌

Meta

Platforms

Inc.,

Cl. A

...........

18,951,806‌

101,100‌

Microsoft

Corp.

..................

37,424,187‌

9,386‌

MKS

Inc.

.......................

2,156,997‌

Market

Value

81,000‌

N-able

Inc.†

.....................

378,270‌

42,700‌

Oracle

Corp.

.....................

6,281,597‌

11,800‌

Palantir

Technologies

Inc.,

Cl. A†

......

1,726,104‌

5,463‌

Rapid7

Inc.†

.....................

30,101‌

41,100‌

Rockwell

Automation

Inc.

...........

14,749,968‌

1,000‌

Rubrik

Inc.,

Cl. A†

.................

48,970‌

4,500‌

SAP

SE,

ADR

....................

770,445‌

37,000‌

ServiceNow

Inc.†

.................

3,868,350‌

32,000‌

Stratasys

Ltd.†

...................

249,920‌

250‌

Synopsys

Inc.†

...................

99,120‌

189,911,739‌

Computer

Software

and

Services..

—

0.0%

4,000‌

Circle

Internet

Group

Inc.†

...........

381,640‌

Consumer

Products

—

2.0%

13,240‌

Amcor

plc

......................

526,290‌

45,000‌

British

American

Tobacco

plc,

ADR

.....

2,631,150‌

30,000‌

Church

Dwight

Co.

Inc.

...........

2,799,600‌

5,000‌

Churchill

Downs

Inc.

...............

449,150‌

65,000‌

Edgewell

Personal

Care

Co.

..........

1,387,100‌

10,000‌

Energizer

Holdings

Inc.

.............

164,200‌

24,100‌

JAKKS

Pacific

Inc.

................

480,072‌

4,800‌

Leggett

Platt

Inc.

................

47,424‌

6,340‌

Nintendo

Co.

Ltd.,

ADR

.............

90,599‌

226,500‌

Philip

Morris

International

Inc.

........

37,449,510‌

67,670‌

Spectrum

Brands

Holdings

Inc.

.......

4,987,279‌

20,000‌

The

Estee

Lauder

Companies

Inc.,

Cl. A

1,435,400‌

63,100‌

The

Procter

Gamble

Co.

...........

9,114,164‌

25,500‌

The

Scotts

Miracle-Gro

Co.

..........

1,550,655‌

63,112,593‌

Consumer

Services

—

0.2%

2,700‌

Airbnb

Inc.,

Cl. A†

.................

340,956‌

86,530‌

Arlo

Technologies

Inc.†

.............

1,231,322‌

330‌

Booking

Holdings

Inc.

..............

1,389,406‌

45,000‌

CarMax

Inc.†

....................

1,871,100‌

2,500‌

The

Brink's

Co.

...................

259,075‌

7,000‌

Travel

Leisure

Co.

................

484,330‌

17,000‌

Uber

Technologies

Inc.†

............

1,222,810‌

21,000‌

Verisure

plc†

....................

216,004‌

7,015,003‌

Diversified

Industrial

—

5.3%

500‌

Agilent

Technologies

Inc.

............

56,990‌

54,017‌

Albany

International

Corp.,

Cl. A

.......

2,820,227‌

10,555‌

American

Outdoor

Brands

Inc.†

.......

98,584‌

255,000‌

Ampco-Pittsburgh

Corp.†

...........

1,713,600‌

9,645‌

AZZ

Inc.

........................

1,206,879‌

14,200‌

Belden

Inc.

......................

1,630,586‌

95,000‌

Bouygues

....................

5,425,502‌

10,000‌

Cadre

Holdings

Inc.

................

306,800‌

10,000‌

Carpenter

Technology

Corp.

..........

3,941,500‌

The

Gabelli

Dividend

Income

Trust

Schedule

Investments

(Continued)

—

March

31,

2026

(Unaudited)

Market

Value

COMMON

STOCKS

(Continued)

Diversified

Industrial

(Continued)

14,800‌

Crane

Co.

.......................

2,530,800‌

29,000‌

Crane

NXT

Co.

...................

1,177,110‌

35,400‌

Eaton

Corp.

plc

...................

12,661,518‌

17,000‌

Fluor

Corp.†

.....................

793,050‌

2,000‌

Franklin

Electric

Co.

Inc.

............

184,340‌

106,700‌

General

Electric

Co.

................

30,278,259‌

27,500‌

GPGI

Inc.,

Cl. A

...................

470,250‌

3,500‌

Graham

Corp.†

...................

276,220‌

6,000‌

Greif

Inc.,

Cl. A

...................

402,420‌

100,000‌

Griffon

Corp.

....................

7,268,000‌

20,200‌

GXO

Logistics

Inc.†

...............

1,047,370‌

9,100‌

Heartland

Express

Inc.

..............

94,640‌

181,700‌

Honeywell

International

Inc.

..........

41,069,651‌

10,500‌

Hyster-Yale

Inc.

..................

341,355‌

59,750‌

ITT

Inc.

........................

11,384,167‌

8,000‌

Knife

River

Corp.†

.................

653,200‌

8,000‌

Landis+Gyr

Group

..............

505,253‌

2,278‌

Moog

Inc.,

Cl. A

..................

666,634‌

9,500‌

nVent

Electric

plc

.................

1,123,660‌

13,000‌

Pentair

plc

......................

1,132,430‌

10,678‌

Proto

Labs

Inc.†

..................

608,859‌

144,000‌

Senior

plc

......................

545,111‌

1,250‌

Siemens

.....................

297,198‌

9,000‌

Smiths

Group

plc

.................

271,603‌

6,500‌

Sulzer

.......................

1,338,044‌

43,500‌

Sunbelt

Rentals

Holdings

Inc.

.........

2,831,415‌

2,000‌

Symrise

.....................

169,309‌

289,000‌

Textron

Inc.

.....................

25,304,840‌

15,225‌

The

Sherwin-Williams

Co.

...........

4,880,374‌

300,000‌

Toray

Industries

Inc.

...............

2,080,275‌

35,500‌

Trinity

Industries

Inc.

...............

1,142,390‌

250‌

VeriSign

Inc.

....................

62,090‌

170,792,503‌

Electronics

—

2.3%

1,000‌

Garmin

Ltd.

.....................

232,010‌

42,233‌

Intel

Corp.†

.....................

1,863,743‌

10,025‌

Kimball

Electronics

Inc.†

............

237,492‌

123,000‌

Resideo

Technologies

Inc.†

..........

4,146,330‌

1,695,940‌

Sony

Group

Corp.,

ADR

.............

35,105,958‌

36,000‌

Connectivity

plc

................

7,524,720‌

109,830‌

Texas

Instruments

Inc.

.............

21,322,396‌

6,400‌

Thermo

Fisher

Scientific

Inc.

.........

3,145,792‌

4,500‌

Universal

Display

Corp.

.............

412,470‌

1,900‌

WESCO

International

Inc.

............

519,878‌

74,510,789‌

Energy

and

Utilities

—

0.7%

97,000‌

Alliant

Energy

Corp.

...............

6,960,720‌

400‌

Cheniere

Energy

Inc.

...............

113,504‌

18,100‌

Vernova

Inc.

..................

15,799,490‌

Market

Value

16,000‌

Northwest

Natural

Holding

Co.

........

851,520‌

23,725,234‌

Energy

and

Utilities:

Electric

—

0.4%

50,000‌

Algonquin

Power

Utilities

Corp.

......

307,000‌

5,000‌

American

Electric

Power

Co.

Inc.

......

655,400‌

29,000‌

Electric

Power

Development

Co.

Ltd.

....

791,399‌

58,000‌

Evergy

Inc.

......................

4,751,360‌

6,000‌

PG&E

Corp.

.....................

105,420‌

12,000‌

Pinnacle

West

Capital

Corp.

..........

1,209,000‌

10,000‌

Portland

General

Electric

Co.

.........

527,700‌

36,500‌

PPL

Corp.

......................

1,394,300‌

48,500‌

The

AES

Corp.

...................

683,365‌

6,500‌

WEC

Energy

Group

Inc.

.............

752,505‌

11,177,449‌

Energy

and

Utilities:

Integrated

—

1.2%

18,000‌

Chubu

Electric

Power

Co.

Inc.

........

292,845‌

20,000‌

Endesa

......................

834,061‌

228,000‌

Enel

SpA

.......................

2,470,629‌

12,500‌

Eversource

Energy

................

866,000‌

33,000‌

Hawaiian

Electric

Industries

Inc.†

......

489,720‌

410,000‌

Hera

SpA

.......................

1,882,325‌

16,000‌

Hokkaido

Electric

Power

Co.

Inc.

......

106,462‌

39,000‌

Iberdrola

SA,

ADR

.................

3,597,360‌

115,000‌

Korea

Electric

Power

Corp.,

ADR†

......

1,638,750‌

23,000‌

Kyushu

Electric

Power

Co.

Inc.

........

262,021‌

23,000‌

MGE

Energy

Inc.

..................

1,777,670‌

122,000‌

NextEra

Energy

Inc.

................

11,331,360‌

49,000‌

NiSource

Inc.

....................

2,286,340‌

10,000‌

Northwestern

Energy

Group

Inc.

.......

659,400‌

57,500‌

OGE

Energy

Corp.

.................

2,757,700‌

11,000‌

Ormat

Technologies

Inc.

............

1,231,120‌

30,000‌

Public

Service

Enterprise

Group

Inc.

....

2,428,500‌

50,000‌

Shikoku

Electric

Power

Co.

Inc.

.......

550,707‌

35,000‌

The

Chugoku

Electric

Power

Co.

Inc.

....

220,028‌

18,000‌

The

Kansai

Electric

Power

Co.

Inc.

.....

293,129‌

52,000‌

Tohoku

Electric

Power

Co.

Inc.

........

383,353‌

48,000‌

TXNM

Energy

Inc.

.................

2,806,080‌

39,165,560‌

Energy

and

Utilities:

Natural

Gas

—

1.5%

16,000‌

APA

Corp.

......................

679,040‌

5,900‌

Energy

Transfer

................

113,870‌

190,000‌

Enterprise

Products

Partners

.......

7,189,600‌

8,500‌

EQT

Corp.

......................

540,940‌

5,100‌

Expand

Energy

Corp.

...............

559,878‌

47,000‌

Kinder

Morgan

Inc.

................

1,575,910‌

244,900‌

National

Fuel

Gas

Co.

..............

23,010,804‌

82,499‌

National

Grid

plc

..................

1,386,239‌

20,000‌

National

Grid

plc,

ADR

..............

1,692,000‌

14,300‌

ONEOK

Inc.

.....................

1,292,577‌

55,000‌

Sempra

........................

5,344,350‌

The

Gabelli

Dividend

Income

Trust

Schedule

Investments

(Continued)

—

March

31,

2026

(Unaudited)

Market

Value

COMMON

STOCKS

(Continued)

Energy

and

Utilities:

Natural

Gas

(Continued)

47,800‌

Southwest

Gas

Holdings

Inc.

.........

4,153,820‌

2,200‌

Tamboran

Resources

Corp.†

.........

109,978‌

44,000‌

UGI

Corp.

.......................

1,602,480‌

49,251,486‌

Energy

and

Utilities:

Oil

—

4.4%

12,100‌

Cactus

Inc.,

Cl. A

.................

573,177‌

78,450‌

Chevron

Corp.

...................

16,231,305‌

191,500‌

ConocoPhillips

...................

25,278,000‌

65,000‌

Devon

Energy

Corp.

...............

3,270,800‌

123,000‌

Eni

SpA,

ADR

....................

6,963,030‌

361,000‌

Equinor

ASA,

ADR

................

15,234,200‌

118,300‌

Exxon

Mobil

Corp.

................

20,070,778‌

24,000‌

Innovex

International

Inc.†

...........

585,360‌

112,000‌

Marathon

Petroleum

Corp.

...........

27,348,160‌

12,257‌

Occidental

Petroleum

Corp.

..........

796,705‌

100,000‌

PetroChina

Co.

Ltd.,

Cl. H

...........

137,096‌

25,000‌

Petroleo

Brasileiro

Petrobras,

ADR

518,750‌

22,000‌

Phillips

......................

4,007,960‌

75,000‌

Repsol

SA,

ADR

..................

2,121,000‌

79,500‌

Shell

plc,

ADR

...................

7,393,500‌

8,700‌

Texas

Pacific

Land

Corp.

............

4,128,672‌

70,000‌

TotalEnergies

..................

6,368,600‌

45,250‌

Vitesse

Energy

Inc.

................

821,740‌

2,891‌

Woodside

Energy

Group

Ltd.,

ADR

.....

69,037‌

141,917,870‌

Energy

and

Utilities:

Services

—

1.1%

435,525‌

Halliburton

Co.

...................

16,981,120‌

107,975‌

Oceaneering

International

Inc.†

.......

3,829,873‌

255,200‌

SLB

Ltd.

.......................

13,114,728‌

33,925,721‌

Energy

and

Utilities:

Water

—

0.3%

11,000‌

American

States

Water

Co.

...........

831,820‌

6,000‌

American

Water

Works

Co.

Inc.

.......

816,540‌

63,000‌

Essential

Utilities

Inc.

..............

2,537,010‌

22,000‌

H2O

America

....................

1,290,740‌

84,500‌

Mueller

Water

Products

Inc.,

Cl. A

.....

2,322,905‌

34,000‌

Severn

Trent

plc

..................

1,390,574‌

7,500‌

The

York

Water

Co.

................

228,375‌

8,000‌

United

Utilities

Group

plc,

ADR

........

280,160‌

9,698,124‌

Entertainment

—

2.5%

232,000‌

Atlanta

Braves

Holdings

Inc.,

Cl. A†

....

10,938,800‌

112,000‌

Atlanta

Braves

Holdings

Inc.,

Cl. C†

....

4,782,400‌

95,000‌

Brightstar

Lottery

plc

...............

1,210,300‌

18,000‌

Caesars

Entertainment

Inc.†

..........

475,740‌

16,700‌

Cinemark

Holdings

Inc.

.............

476,284‌

4,500‌

CTS

Eventim

Co.

KGaA

.........

258,298‌

48,333‌

Fox

Corp.,

Cl. A

...................

2,822,647‌

Market

Value

69,000‌

Fox

Corp.,

Cl. B

...................

3,663,900‌

6,700‌

Hasbro

Inc.

.....................

627,120‌

15,000‌

Lee

Enterprises

Inc.†

...............

129,150‌

37,880‌

Madison

Square

Garden

Entertainment

Corp.†

.......................

2,231,511‌

47,800‌

Madison

Square

Garden

Sports

Corp.†

15,362,920‌

5,000‌

Manchester

United

plc,

Cl. A†

.........

84,100‌

166,000‌

Netflix

Inc.†

.....................

15,960,900‌

50,000‌

Ollamani

SAB†

...................

204,346‌

28,000‌

Penn

Entertainment

Inc.†

............

420,840‌

29,880‌

Sphere

Entertainment

Co.†

..........

3,507,912‌

2,000‌

Spotify

Technology

SA†

.............

969,820‌

16,750‌

Take-Two

Interactive

Software

Inc.†

....

3,308,125‌

30,500‌

The

Walt

Disney

Co.

...............

2,939,590‌

63,000‌

Universal

Music

Group

...........

1,211,337‌

707,100‌

Vivendi

......................

1,450,710‌

205,000‌

Warner

Bros

Discovery

Inc.†

.........

5,629,300‌

78,666,050‌

Environmental

Services

—

2.3%

2,200‌

GFL

Environmental

Inc.

.............

91,784‌

160,300‌

Republic

Services

Inc.

..............

35,108,906‌

39,380‌

Veolia

Environnement

............

1,486,597‌

93,222‌

Waste

Connections

Inc.

.............

15,142,982‌

97,100‌

Waste

Management

Inc.

............

22,312,609‌

74,142,878‌

Equipment

and

Supplies

—

2.3%

9,000‌

Co.

........................

1,307,070‌

26,090‌

Amphenol

Corp.,

Cl. A

..............

3,296,472‌

240‌

CTS

Corp.

......................

11,462‌

93,000‌

Flowserve

Corp.

..................

6,836,430‌

110,000‌

Graco

Inc.

......................

9,311,500‌

220,750‌

Mueller

Industries

Inc.

..............

24,459,100‌

2,000‌

Parker-Hannifin

Corp.

..............

1,790,480‌

430,000‌

RPC

Inc.

.......................

3,044,400‌

70,000‌

Sealed

Air

Corp.

..................

2,943,500‌

99,000‌

The

Timken

Co.

...................

9,956,430‌

24,500‌

Valmont

Industries

Inc.

.............

9,789,465‌

8,000‌

Xerox

Holdings

Corp.

..............

10,320‌

72,756,629‌

Financial

Services

—

16.6%

16,700‌

Ally

Financial

Inc.

.................

655,141‌

179,800‌

American

Express

Co.

..............

54,385,904‌

48,900‌

American

International

Group

Inc.

......

3,679,725‌

1,300‌

Ameriprise

Financial

Inc.

............

577,720‌

1,700‌

Analog

Devices

Inc.

................

540,838‌

5,000‌

Aon

plc,

Cl. A

....................

1,613,900‌

9,000‌

Apollo

Global

Management

Inc.

.......

1,002,780‌

3,500‌

Axis

Capital

Holdings

Ltd.

...........

354,935‌

13,000‌

Banco

Bilbao

Vizcaya

Argentaria

....

274,225‌

210,000‌

Bank

America

Corp.

..............

10,237,500‌

The

Gabelli

Dividend

Income

Trust

Schedule

Investments

(Continued)

—

March

31,

2026

(Unaudited)

Market

Value

COMMON

STOCKS

(Continued)

Financial

Services

(Continued)

22,000‌

Barclays

plc

.....................

113,405‌

42,500‌

Berkshire

Hathaway

Inc.,

Cl. B†

.......

20,366,000‌

14,650‌

Blackrock

Inc.

....................

14,089,051‌

68,500‌

Blackstone

Inc.

...................

7,876,815‌

78,000‌

Bridgepoint

Group

plc

..............

237,247‌

7,174‌

Brookfield

Asset

Management

Ltd.,

Cl. A

318,884‌

40,500‌

Brookfield

Corp.

..................

1,639,035‌

294‌

Brookfield

Wealth

Solutions

Ltd.

.......

12,172‌

24,000‌

Brooks

Macdonald

Group

plc

.........

427,258‌

14,000‌

Cannae

Holdings

Inc.

..............

159,180‌

2,975‌

Capital

One

Financial

Corp.

...........

542,729‌

6,500‌

Chubb

Ltd.

......................

2,118,545‌

133,350‌

Citigroup

Inc.

....................

15,123,223‌

55,500‌

Cohen

Steers

Inc.

...............

3,471,525‌

14,400‌

Columbia

Banking

System

Inc.

........

394,992‌

12,700‌

Commerzbank

.................

451,975‌

200,000‌

Conn's

Inc.,

Escrow†(a)

............

20‌

29,500‌

Credit

Agricole

.................

543,174‌

18,200‌

Cullen/Frost

Bankers

Inc.

............

2,494,856‌

319,100‌

Dah

Sing

Banking

Group

Ltd.

.........

494,448‌

19,200‌

Daiwa

Securities

Group

Inc.

..........

176,630‌

920‌

Diamond

Hill

Investment

Group

Inc.

....

158,332‌

60,400‌

E-L

Financial

Corp.

Ltd.

.............

687,321‌

11,000‌

EXOR

.......................

834,697‌

1,320‌

F&G

Annuities

Life

Inc.

............

33,422‌

128‌

Farmers

Merchants

Bank

Long

Beach

1,059,200‌

37,000‌

Fidelity

National

Financial

Inc.

.........

1,716,060‌

22,584‌

Fifth

Third

Bancorp

................

1,049,253‌

8,030‌

First

American

Financial

Corp.

........

484,129‌

2,840‌

First

Citizens

BancShares

Inc.,

Cl. A

....

5,352,434‌

43,510‌

Flushing

Financial

Corp.

.............

668,314‌

17,000‌

FTAI

Aviation

Ltd.

.................

4,165,000‌

22,700‌

HSBC

Holdings

plc,

ADR

............

1,872,523‌

10,000‌

ING

Groep

....................

255,501‌

51,600‌

Interactive

Brokers

Group

Inc.,

Cl. A

....

3,460,812‌

28,000‌

Intercontinental

Exchange

Inc.

........

4,403,840‌

195,000‌

Invesco

Ltd.

.....................

4,736,550‌

9,000‌

Janus

Henderson

Group

plc

..........

462,330‌

217,900‌

JPMorgan

Chase

Co.

.............

64,097,464‌

63,000‌

KeyCorp.

.......................

1,263,150‌

126,500‌

KKR

Co.

Inc.

...................

11,701,250‌

77,000‌

Loews

Corp.

.....................

8,218,980‌

35,500‌

M&T

Bank

Corp.

..................

7,338,560‌

8,750‌

Moelis

Co.,

Cl. A

................

498,750‌

7,600‌

Moody's

Corp.

...................

3,315,500‌

153,160‌

Morgan

Stanley

..................

25,205,541‌

70,000‌

National

Australia

Bank

Ltd.,

ADR

......

1,014,300‌

25,000‌

NatWest

Group

plc

................

183,054‌

124,000‌

Navient

Corp.

....................

1,014,320‌

5,050‌

Group

....................

391,432‌

Market

Value

59,200‌

Northern

Trust

Corp.

...............

8,262,544‌

13,150‌

Old

Republic

International

Corp.

.......

524,685‌

80,000‌

Resona

Holdings

Inc.

..............

868,278‌

50,000‌

Rocket

Companies

Inc.,

Cl. A†

........

712,500‌

15,200‌

S&P

Global

Inc.

..................

6,465,168‌

11,100‌

Shinhan

Financial

Group

Co.

Ltd.,

ADR

680,652‌

90,000‌

SLM

Corp.

......................

1,926,900‌

2,907‌

Societe

Generale

...............

207,517‌

250,988‌

Sony

Financial

Group

Inc.,

ADR†

......

1,131,956‌

4,300‌

SouthState

Bank

Corp.

.............

397,836‌

21,500‌

Spartacus

Acquisition

Corp.

II†

.......

215,752‌

5,000‌

Stack

Capital

Group

Inc.†

............

69,729‌

13,000‌

Standard

Chartered

plc

.............

267,566‌

149,200‌

State

Street

Corp.

.................

18,882,752‌

397,902‌

SuRo

Capital

Corp.

................

4,261,530‌

109,500‌

Rowe

Price

Group

Inc.

............

9,870,330‌

274,100‌

The

Bank

East

Asia

Ltd.

...........

456,880‌

526,600‌

The

Bank

New

York

Mellon

Corp.

....

62,470,558‌

54,000‌

The

Charles

Schwab

Corp.

...........

5,074,920‌

22,000‌

The

Goldman

Sachs

Group

Inc.

.......

18,611,780‌

57,000‌

The

Hartford

Insurance

Group

Inc.

.....

7,708,110‌

134,500‌

The

PNC

Financial

Services

Group

Inc.

27,988,105‌

2,500‌

The

Progressive

Corp.

..............

495,600‌

62,500‌

The

Travelers

Companies

Inc.

.........

18,230,000‌

91,593‌

Tiptree

Inc.

......................

1,549,754‌

60,000‌

ICAP

Group

plc

................

215,614‌

15,720‌

TrustCo

Bank

Corp.

.............

688,222‌

3,300‌

UniCredit

SpA

....................

232,139‌

8,800‌

Victory

Capital

Holdings

Inc.,

Cl. A

.....

576,224‌

81,250‌

Berkley

Corp.

................

5,385,250‌

3,300‌

Wealthfront

Corp.†

................

30,525‌

8,000‌

Webster

Financial

Corp.

.............

555,360‌

333,500‌

Wells

Fargo

Co.

.................

26,549,935‌

4,499‌

Westwood

Holdings

Group

Inc.

.......

74,099‌

2,800‌

Willis

Towers

Watson

plc

............

813,960‌

532,468,581‌

Food

and

Beverage

—

5.2%

24,000‌

Ajinomoto

Co.

Inc.

................

664,932‌

200,000‌

BellRing

Brands

Inc.†

..............

3,218,000‌

16,000‌

Canada

Packers

Inc.

...............

231,989‌

900,000‌

China

Mengniu

Dairy

Co.

Ltd.

.........

1,974,188‌

154,000‌

Danone

......................

12,289,182‌

1,900,000‌

Davide

Campari-Milano

..........

13,462,185‌

10,000‌

Diageo

plc

......................

184,775‌

208,650‌

Diageo

plc,

ADR

..................

15,533,993‌

70,954‌

Flowers

Foods

Inc.

................

578,275‌

101,000‌

General

Mills

Inc.

.................

3,759,220‌

18,000‌

Heineken

Holding

...............

1,276,405‌

260,000‌

ITO

Ltd.

.....................

4,876,280‌

130,000‌

Keurig

Pepper

Inc.

..............

3,422,900‌

1,575,000‌

Kikkoman

Corp.

..................

14,241,045‌

The

Gabelli

Dividend

Income

Trust

Schedule

Investments

(Continued)

—

March

31,

2026

(Unaudited)

Market

Value

COMMON

STOCKS

(Continued)

Food

and

Beverage

(Continued)

12,000‌

Lamb

Weston

Holdings

Inc.

..........

507,120‌

10,000‌

Lifecore

Biomedical

Inc.†

............

37,200‌

106,000‌

Maple

Leaf

Foods

Inc.

..............

2,285,961‌

6,000‌

McCormick

Co.

Inc.

..............

302,280‌

105,535‌

Molson

Coors

Beverage

Co.,

Cl. B

......

4,544,337‌

327,500‌

Mondelēz

International

Inc.,

Cl. A

......

18,877,100‌

60,000‌

Morinaga

Milk

Industry

Co.

Ltd.

.......

1,801,077‌

10,000‌

Nathan's

Famous

Inc.

..............

1,007,300‌

7,000‌

National

Beverage

Corp.†

............

235,550‌

24,000‌

Nestlé

.......................

2,353,777‌

384,000‌

Nissin

Foods

Holdings

Co.

Ltd.

........

7,270,848‌

35,000‌

PepsiCo

Inc.

.....................

5,435,150‌

39,300‌

Pernod

Ricard

.................

2,917,187‌

41,500‌

Post

Holdings

Inc.†

................

4,102,690‌

20,000‌

Remy

Cointreau

................

850,243‌

13,000‌

The

Boston

Beer

Co.

Inc.,

Cl. A†

.......

2,995,200‌

210,000‌

The

Campbell's

Company

...........

4,676,700‌

206,300‌

The

Coca-Cola

Co.

................

15,689,115‌

10,000‌

The

Hain

Celestial

Group

Inc.†

........

6,978‌

5,000‌

The

Hershey

Co.

..................

1,039,450‌

17,150‌

The

J.M.

Smucker

Co.

..............

1,653,946‌

113,000‌

The

Kraft

Heinz

Co.

................

2,541,370‌

800‌

The

Magnum

Ice

Cream

Co.

NV†

......

11,960‌

15,000‌

The

Simply

Good

Foods

Co.†

.........

215,250‌

25,000‌

Treatt

plc

.......................

65,055‌

3,555‌

Unilever

plc,

ADR

.................

202,528‌

470,000‌

Yakult

Honsha

Co.

Ltd.

.............

7,877,509‌

165,216,250‌

Health

Care

—

5.8%

21,500‌

Abbott

Laboratories

...............

2,207,405‌

18,700‌

AbbVie

Inc.

.....................

4,067,063‌

1,400‌

Amgen

Inc.

.....................

492,590‌

1,500‌

AstraZeneca

plc

..................

295,830‌

24,500‌

Avantor

Inc.†

....................

192,080‌

98,700‌

Bausch

Lomb

Corp.†

.............

1,569,330‌

247,500‌

Baxter

International

Inc.

.............

4,158,000‌

35,000‌

Becton

Dickinson

Co.

.............

5,503,050‌

2,300‌

BioMarin

Pharmaceutical

Inc.†

........

129,927‌

7,200‌

Bio-Rad

Laboratories

Inc.,

Cl. A†

......

2,007,000‌

45,000‌

Boston

Scientific

Corp.†

............

2,823,750‌

4,000‌

Cencora

Inc.

.....................

1,256,560‌

9,900‌

Chemed

Corp.

...................

3,739,626‌

10,000‌

CVS

Group

plc

...................

147,979‌

7,707‌

DaVita

Inc.†

.....................

1,184,489‌

1,000‌

Demant

A/S†

....................

29,991‌

52,500‌

Elanco

Animal

Health

Inc.†

...........

1,256,325‌

44,200‌

Eli

Lilly

Co.

....................

40,653,834‌

107,000‌

Evolent

Health

Inc.,

Cl. A†

...........

243,960‌

24,500‌

Fortrea

Holdings

Inc.†

..............

230,790‌

Market

Value

467‌

HealthCare

Technologies

Inc.

.......

33,241‌

25,000‌

Haleon

plc

......................

123,691‌

5,500‌

HCA

Healthcare

Inc.

...............

2,602,820‌

46,000‌

Henry

Schein

Inc.†

................

3,390,200‌

21,492‌

ICU

Medical

Inc.†

.................

2,775,692‌

8,600‌

Incyte

Corp.†

....................

809,432‌

18,950‌

Integer

Holdings

Corp.†

.............

1,667,600‌

14,100‌

Intuitive

Surgical

Inc.†

..............

6,499,959‌

85,000‌

Johnson

...............

20,777,400‌

3,735‌

Kenvue

Inc.

.....................

64,391‌

19,900‌

Labcorp

Holdings

Inc.

..............

5,309,519‌

4,000‌

McKesson

Corp.

..................

3,461,440‌

31,500‌

Medtronic

plc

....................

2,729,475‌

113,800‌

Merck

Co.

Inc.

..................

13,689,002‌

7,100‌

Mesa

Laboratories

Inc.

.............

627,782‌

110,000‌

Option

Care

Health

Inc.†

............

2,961,200‌

100,000‌

Pacific

Biosciences

California

Inc.†

...

132,000‌

81,300‌

Perrigo

Co.

plc

...................

873,162‌

342,500‌

Pfizer

Inc.

......................

9,617,400‌

48,000‌

QuidelOrtho

Corp.†

................

788,640‌

11,000‌

Smith

Nephew

plc

...............

172,531‌

20,400‌

Stryker

Corp.

....................

6,703,236‌

1,500‌

Teladoc

Health

Inc.†

...............

8,175‌

13,000‌

Tenet

Healthcare

Corp.†

.............

2,453,230‌

163,000‌

Teva

Pharmaceutical

Industries

Ltd.,

ADR†

4,909,560‌

24,700‌

The

Cigna

Group

..................

6,588,725‌

16,100‌

The

Cooper

Companies

Inc.†

.........

1,151,150‌

3,500‌

UnitedHealth

Group

Inc.

............

947,065‌

4,000‌

Vertex

Pharmaceuticals

Inc.†

.........

1,786,160‌

23,000‌

Viatris

Inc.

......................

310,730‌

55,300‌

Zimmer

Biomet

Holdings

Inc.

.........

5,000,226‌

35,000‌

Zoetis

Inc.

......................

4,137,350‌

185,291,763‌

Hotels

and

Gaming

—

0.3%

19,000‌

Accor

.......................

892,062‌

20,500‌

Allwyn

......................

310,166‌

52,920‌

Boyd

Gaming

Corp.

................

4,348,966‌

92,000‌

Entain

plc

.......................

683,136‌

5,000‌

Flutter

Entertainment

plc†

...........

509,750‌

27,000‌

Golden

Entertainment

Inc.

...........

720,630‌

9,200‌

Las

Vegas

Sands

Corp.

.............

495,696‌

35,000‌

Super

Group

SGHC

Ltd.

.............

378,000‌

4,500‌

Wyndham

Hotels

Resorts

Inc.

.......

365,535‌

8,703,941‌

Industrials

—

0.2%

5,600‌

Caterpillar

Inc.

...................

3,967,376‌

4,500‌

Clarkson

plc

.....................

274,581‌

13,000‌

Enerpac

Tool

Group

Corp.

...........

474,110‌

7,100‌

EquipmentShare.com

Inc.,

Cl. A†

......

144,627‌

4,860,694‌

The

Gabelli

Dividend

Income

Trust

Schedule

Investments

(Continued)

—

March

31,

2026

(Unaudited)

Market

Value

COMMON

STOCKS

(Continued)

Machinery

—

2.6%

61,000‌

Astec

Industries

Inc.

...............

3,284,240‌

2,083,700‌

CNH

Industrial

.................

22,920,700‌

52,100‌

Deere

Co.

.....................

29,347,930‌

12,500‌

Donaldson

Co.

Inc.

................

1,060,875‌

20,000‌

Oshkosh

Corp.

...................

2,944,200‌

3,500‌

Otis

Worldwide

Corp.

..............

269,780‌

14,000‌

RENK

Group

..................

819,451‌

6,500‌

Tennant

Co.

.....................

431,600‌

9,000‌

Titan

International

Inc.†

.............

62,190‌

40,000‌

Twin

Disc

Inc.

....................

602,800‌

5,000‌

Vertiv

Holdings

Co.,

Cl. A

............

1,252,900‌

166,980‌

Xylem

Inc.

......................

19,954,110‌

82,950,776‌

Metals

and

Mining

—

1.9%

54,046‌

Agnico

Eagle

Mines

Ltd.

............

10,970,257‌

14,000‌

Alliance

Resource

Partners

........

387,100‌

10,000‌

ATI

Inc.†

.......................

1,454,600‌

124,190‌

Barrick

Mining

Corp.

...............

5,065,710‌

8,000‌

BHP

Group

Ltd.,

ADR

..............

581,920‌

14,000‌

Endeavour

Mining

plc

..............

839,436‌

10,000‌

Franco-Nevada

Corp.

...............

2,476,098‌

860‌

Franco-Nevada

Corp.,

New

York

.......

212,463‌

185,500‌

Freeport-McMoRan

Inc.

.............

10,903,690‌

2,500‌

Materion

Corp.

...................

361,625‌

264,570‌

Newmont

Corp.

..................

28,639,703‌

61,892,602‌

Paper

and

Forest

Products

—

0.0%

12,500‌

International

Paper

Co.

.............

446,250‌

2,200‌

Keweenaw

Land

Association

Ltd.†

.....

109,450‌

555,700‌

Publishing

—

0.0%

1,200‌

Graham

Holdings

Co.,

Cl. B

..........

1,268,712‌

82,100‌

Louis

Hachette

Group

..............

147,989‌

1,416,701‌

Real

Estate

—

0.7%

55,500‌

American

Tower

Corp.,

REIT

..........

9,578,190‌

30,000‌

Apartment

Investment

and

Management

Co.,

Cl. A,

REIT

.................

122,100‌

8,000‌

Crown

Castle

Inc.,

REIT

.............

650,480‌

1,400‌

Equinix

Inc.,

REIT

.................

1,372,336‌

5,000‌

Howard

Hughes

Holdings

Inc.†

.......

316,300‌

7,000‌

Lamar

Advertising

Co.,

Cl. A,

REIT

.....

886,620‌

63,300‌

Millrose

Properties

Inc.,

REIT

.........

1,772,400‌

22,500‌

Ryman

Hospitality

Properties

Inc.,

REIT

2,076,075‌

61,687‌

Safehold

Inc.,

REIT

................

834,625‌

58,000‌

Tejon

Ranch

Co.†

.................

1,092,720‌

2,500‌

The

St.

Joe

Co.

...................

157,000‌

35,600‌

VICI

Properties

Inc.,

REIT

...........

972,592‌

Market

Value

130,000‌

Weyerhaeuser

Co.,

REIT

............

3,175,900‌

23,007,338‌

Retail

—

2.5%

25,000‌

Advance

Auto

Parts

Inc.

.............

1,318,750‌

80,000‌

AutoNation

Inc.†

..................

15,620,800‌

1,200‌

AutoZone

Inc.†

...................

4,053,336‌

19,000‌

Bassett

Furniture

Industries

Inc.

.......

268,850‌

6,900‌

Costco

Wholesale

Corp.

.............

6,875,367‌

113,500‌

CVS

Health

Corp.

.................

8,151,570‌

1,500‌

Ferguson

Enterprises

Inc.

...........

349,890‌

740,000‌

Hertz

Global

Holdings

Inc.†

..........

3,411,400‌

98,500‌

Ingles

Markets

Inc.,

Cl. A

............

8,854,165‌

16,000‌

Lowe's

Companies

Inc.

.............

3,780,480‌

6,500‌

Macy's

Inc.

.....................

117,585‌

9,900‌

MSC

Industrial

Direct

Co.

Inc.,

Cl. A

....

913,473‌

18,000‌

Penske

Automotive

Group

Inc.

........

2,691,360‌

42,000‌

Rush

Enterprises

Inc.,

Cl. B

..........

2,702,700‌

211,800‌

Sally

Beauty

Holdings

Inc.†

..........

2,933,430‌

348,000‌

Seven

Holdings

Co.

Ltd.

..........

4,656,299‌

25,000‌

Starbucks

Corp.

..................

2,239,750‌

6,000‌

The

Home

Depot

Inc.

...............

1,973,340‌

15,000‌

The

Kroger

Co.

...................

1,085,400‌

60,000‌

Walmart

Inc.

....................

7,456,800‌

79,454,745‌

Semiconductors

—

2.9%

31,000‌

Advanced

Micro

Devices

Inc.†

........

6,306,330‌

64,730‌

Aegon

Ltd.

......................

465,968‌

28,000‌

Applied

Materials

Inc.

..............

9,570,120‌

6,500‌

ASML

Holding

.................

8,585,395‌

2,000‌

Axcelis

Technologies

Inc.†

...........

186,160‌

50,450‌

Broadcom

Inc.

...................

15,614,779‌

5,500‌

Entegris

Inc.

.....................

644,820‌

11,500‌

GLOBALFOUNDRIES

Inc.†

...........

511,520‌

700‌

Hensoldt

.....................

61,168‌

200,000‌

NVIDIA

Corp.

....................

34,880,000‌

4,500‌

NXP

Semiconductors

............

885,870‌

95,500‌

Qnity

Electronics

Inc.

..............

11,018,790‌

10,900‌

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.,

ADR

.....................

3,683,655‌

1,500‌

Teradyne

Inc.

....................

444,690‌

92,859,265‌

Specialty

Chemicals

—

0.6%

3,000‌

Air

Products

and

Chemicals

Inc.

.......

871,470‌

20,000‌

Ashland

Inc.

.....................

1,112,200‌

7,000‌

Axalta

Coating

Systems

Ltd.†

.........

193,900‌

2,900‌

DSM-Firmenich

................

205,945‌

193,000‌

DuPont

Nemours

Inc.

............

8,839,400‌

16,760‌

Novonesis

Novozymes

............

991,570‌

83,000‌

Olin

Corp.

......................

2,467,590‌

11,000‌

Rogers

Corp.†

...................

1,180,630‌

The

Gabelli

Dividend

Income

Trust

Schedule

Investments

(Continued)

—

March

31,

2026

(Unaudited)

Market

Value

COMMON

STOCKS

(Continued)

Specialty

Chemicals

(Continued)

10,000‌

Sensient

Technologies

Corp.

.........

864,400‌

15,575‌

Solstice

Advanced

Materials

Inc.

.......

1,186,192‌

57,500‌

Valvoline

Inc.†

...................

1,936,600‌

19,849,897‌

Telecommunications

—

2.1%

29,000‌

AT&T

Inc.

.......................

840,710‌

145,000‌

BCE

Inc.

........................

3,659,800‌

390,000‌

Deutsche

Telekom

AG,

ADR

..........

14,461,200‌

73,750‌

Eurotelesites

AG†

.................

376,778‌

195,000‌

Hellenic

Telecommunications

Organization

SA,

ADR

......................

1,837,875‌

180,000‌

Liberty

Global

Ltd.,

Cl. C†

...........

2,111,400‌

44,000‌

Orange

SA,

ADR

..................

900,680‌

50,000‌

Pharol

SGPS

SA†

.................

4,288‌

42,000‌

Proximus

....................

339,820‌

91,500‌

Sunrise

Communications

AG,

Cl. A

.....

5,414,933‌

100,000‌

Telefonica

SA,

ADR

................

434,000‌

295,000‌

Telekom

Austria

................

3,106,289‌

100,000‌

Telephone

and

Data

Systems

Inc.

......

4,210,000‌

98,000‌

Telstra

Group

Ltd.,

ADR

.............

1,810,452‌

170,000‌

TELUS

Corp.

....................

2,181,100‌

66,400‌

T-Mobile

Inc.

..................

13,945,992‌

12,000‌

VEON

Ltd.,

ADR†

.................

555,600‌

202,300‌

Verizon

Communications

Inc.

.........

10,155,460‌

129,500‌

Vodafone

Group

plc,

ADR

...........

1,945,090‌

68,291,467‌

Transportation

—

0.9%

28,840‌

Canadian

Pacific

Kansas

City

Ltd.

......

2,268,555‌

15,500‌

Ferrari

Group

plc

..................

149,954‌

159,300‌

GATX

Corp.

.....................

27,198,882‌

29,617,391‌

Wireless

Communications

—

0.1%

70,900‌

Array

Digital

Infrastructure

Inc.

........

3,271,326‌

TOTAL

COMMON

STOCKS

.........

2,832,186,603‌

CLOSED-END

FUNDS

—

0.0%

40,000‌

Altaba

Inc.,

Escrow†

...............

54,000‌

PREFERRED

STOCKS

—

1.1%

Broadcasting

—

0.1%

101,926‌

Liberty

Broadband

Corp.,

Ser.

7.000%

2,374,876‌

Diversified

Industrial

—

0.0%

2,000‌

Jungheinrich

..................

59,919‌

Energy

and

Utilities:

Services

—

0.0%

14,300‌

Enbridge

Inc.,

Ser.

5.538%

.........

233,656‌

Market

Value

Financial

Services

—

0.7%

32,941‌

Athene

Holding

Ltd.,

Ser.

5.625%

....

621,926‌

92,500‌

Bank

America

Corp.,

5.375%

.......

2,002,625‌

72,955‌

Compass

Diversified

Holdings,

Ser.

7.250%

......................

1,278,172‌

92,001‌

Compass

Diversified

Holdings,

Ser.

7.875%

......................

1,794,939‌

20,000‌

Compass

Diversified

Holdings,

Ser.

7.875%

......................

390,800‌

185,444‌

DigitalBridge

Group

Inc.,

Ser.

7.125%

3,007,902‌

15,487‌

Enstar

Group

Ltd.,

Ser.

7.000%

.....

340,094‌

18,757‌

Enstar

Group

Ltd.,

Ser.

7.000%

......

375,140‌

17,400‌

Flagstar

Bank

NA,

Ser.

6.375%

......

366,270‌

227,500‌

JPMorgan

Chase

Co.,

4.200%

.......

3,981,250‌

10,000‌

MetLife

Inc.,

Ser.

4.936%

..........

207,200‌

5,000‌

PhenixFIN

Corp.,

5.250%,

11/01/28

....

117,750‌

23,461‌

State

Street

Corp.,

Ser.

5.350%

.....

507,227‌

6,253‌

Stifel

Financial

Corp.,

Ser.

6.250%

...

146,320‌

96,057‌

The

Allstate

Corp.,

Ser.

5.100%

.....

1,899,047‌

100,000‌

The

Charles

Schwab

Corp.,

Ser.

4.450%

1,768,000‌

76,000‌

The

Goldman

Sachs

Group

Inc.,

Ser.

4.571%

......................

1,448,560‌

50,100‌

Truist

Financial

Corp.,

Ser.

4.750%

...

908,313‌

21,161,535‌

Real

Estate

—

0.2%

28,064‌

Arbor

Realty

Trust

Inc.,

Ser.

6.250%

459,408‌

120,942‌

Chimera

Investment

Corp.,

Ser.

8.000%

2,476,892‌

23,422‌

Franklin

BSP

Realty

Trust

Inc.,

Ser.

7.500%

......................

450,874‌

143,276‌

KKR

Real

Estate

Finance

Trust

Inc.,

Ser.

6.500%

......................

2,475,809‌

5,862,983‌

Telecommunications

—

0.1%

160,000‌

AT&T

Inc.,

Ser.

4.750%

...........

2,944,000‌

Wireless

Communications

—

0.0%

12,500‌

T-Mobile

USA

Inc.,

6.250%,

09/01/69

...

302,250‌

TOTAL

PREFERRED

STOCKS

........

32,939,219‌

MANDATORY

CONVERTIBLE

SECURITIES(b)

—

0.2%

Aerospace

and

Defense

—

0.0%

1,500‌

The

Boeing

Co.,

6.000%,

10/15/27

...............

97,320‌

Computer

Software

and

Services

—

0.0%

3,500‌

Hewlett

Packard

Enterprise

Co.,

7.625%,

09/01/27

...............

225,785‌

Energy

and

Utilities

—

0.1%

87,500‌

Paso

Energy

Capital

Trust

4.750%,

03/31/28

...............

4,440,625‌

The

Gabelli

Dividend

Income

Trust

Schedule

Investments

(Continued)

—

March

31,

2026

(Unaudited)

Market

Value

MANDATORY

CONVERTIBLE

SECURITIES(b)

(Continued)

Specialty

Chemicals

—

0.1%

28,500‌

Albemarle

Corp.,

7.250%,

03/01/27

...............

2,047,725‌

TOTAL

MANDATORY

CONVERTIBLE

SECURITIES

................

6,811,455‌

RIGHTS

—

0.0%

Retail

—

0.0%

82,000‌

Walgreens

Boots

Alliance

Inc.,

CVR†

....

41,000‌

WARRANTS

—

0.0%

Energy

and

Utilities:

Oil

—

0.0%

6,000‌

Occidental

Petroleum

Corp.,

expire

08/03/27†

.....................

257,400‌

Equipment

and

Supplies

—

0.0%

4,000‌

Xerox

Holdings

Corp.,

expire

02/14/28†

362‌

TOTAL

WARRANTS

..............

257,762‌

Principal

Amount

CONVERTIBLE

CORPORATE

BONDS

—

0.0%

Cable

and

Satellite

—

0.0%

200,000‌

AMC

Networks

Inc.,

4.250%,

02/15/29

...............

178,250‌

CORPORATE

BONDS

—

0.2%

Financial

Services

—

0.2%

Capital

One

Financial

Corp.

Ser.

yr.

Treasury

Yield

Curve

Rate

Note

Constant

Maturity

3.16%)

1,500,000‌

3.950%,

(c)(d)

.................

1,479,700‌

1,000,000‌

5.500%,

(c)(d)

.................

996,199‌

1,500,000‌

Citizens

Financial

Group

Inc.,

Ser.

yr.

Treasury

Yield

Curve

Rate

Note

Constant

Maturity

3.22%),

4.000%,

(c)(d)

.................

1,477,928‌

1,500,000‌

The

Charles

Schwab

Corp.,

Ser.

(10

yr.

Treasury

Yield

Curve

Rate

Note

Constant

Maturity

3.08%),

4.000%,

(c)(d)

.................

1,381,988‌

1,000,000‌

The

Goldman

Sachs

Group

Inc.,

Ser.

yr.

Treasury

Yield

Curve

Rate

Note

Constant

Maturity

2.92%),

3.650%,

(c)(d)

.................

991,747‌

6,327,562‌

TOTAL

CORPORATE

BONDS

........

6,327,562‌

Principal

Amount

Market

Value

U.S.

GOVERNMENT

OBLIGATIONS

—

9.2%

297,461,000‌

U.S.

Treasury

Bills,

3.537%

3.765%††,

04/02/26

10/01/26(e)

....................

295,642,251‌

INVESTMENT

COMPANIES

—

0.9%

118,000‌

Gabelli

Commercial

Aerospace

and

Defense

ETF(f)

........................

5,867,975‌

170,000‌

Gabelli

Financial

Services

Opportunities

ETF(f)

........................

7,075,400‌

107,282‌

Gabelli

Global

Financial

Services

Fund,

Cl. I(f)

.......................

2,210,005‌

5,500‌

Gabelli

Global

Technology

Leaders

ETF(f)

169,371‌

6,000‌

Gabelli

Growth

Innovators

ETF(f)

......

195,206‌

32,800‌

Gabelli

Love

Our

Planet

People

ETF(f)

1,137,324‌

500,000‌

Gabelli

Opportunities

Live

and

Sports

ETF†(f)

.......................

12,226,200‌

1,800‌

Keeley

Dividend

ETF(f)

..............

46,107‌

34,465‌

The

Gabelli

Dividend

Growth

Fund,

Cl. I(f)

625,189‌

29,552,777‌

TOTAL

INVESTMENT

COMPANIES

....

29,552,777‌

TOTAL

INVESTMENTS

—

100.0%

....

(Cost

$1,837,385,853)

............

3,203,990,879‌

(a)

Security

valued

using

significant

unobservable

inputs

and

classified

Level

the

fair

value

hierarchy.

(b)

Mandatory

convertible

securities

are

required

converted

the

dates

listed;

they

generally

may

converted

prior

these

dates

the

option

the

holder.

(c)

Security

perpetual

and

has

stated

maturity

date.

(d)

Variable

rate

security.

Security

may

issued

fixed

coupon

rate,

which

converts

variable

rate

specified

date.

Rate

shown

the

rate

effect

March

31,

2026.

(e)

March

31,

2026,

$218,545,000

the

principal

amount

was

pledged

collateral

for

current

potential

holdings.

(f)

Investment

affiliated

fund,

which

registered

under

the

Investment

Company

Act

1940,

amended,

and

advised

Gabelli

Funds,

LLC.

†

Non-income

producing

security.

††

Represents

annualized

yields

dates

purchase.

ADR

American

Depositary

Receipt

CVR

Contingent

Value

Right

REIT

Real

Estate

Investment

Trust