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Gabelli Dividend & Income Trust -- Moody's assigns Aa3 rating to preferred shares issued by Gabelli Dividend & Income Trust

Moody's Investors Service has assigned an Aa3 rating to 5.375% Series H fixed rate preferred shares issued by Gabelli Dividend & Income Trust (GDV or the "Fund"). Moody's also affirmed the Aa3 ratings on GDV's outstanding preferred shares. The Fund's leverage is expected to remain the same as the net proceeds from new preferred share offering will be used to redeem an equal amount of the Fund's outstanding Series E auction rate preferred shares.