Additional Proxy Soliciting Materials (Form DEFA14A)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934

Check the appropriate box:

THE GABELLI DIVIDEND & INCOME TRUST

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if Other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

On June 9, 2026, The Gabelli Dividend & Income Trust Inc. (the “Fund”) posted a microsite to its website (which can be viewed at https://gdvvote.com/) in connection with the Fund’s 2026 annual meeting of shareholders. The information posted on the microsite is set forth below:

GA BELLI Gabelli Dividend & Income Trust NYSE: GDV ANNUAL MEETING DAT E RECORD DAT E March 12, 202 6 THE CHOICE IS CLEAR, THE CARD IS WHITE

Register here for personalized voting assistance Your Vote. Your Incom e . Your Fund. - 6 P \ m illfe • s _,.. Download the brochure here

Step - by - step voting instructions Your officialWHITE proxy cardwasmailed directly to you from your broker , or by the Fund , depending on how your shares are held . You may also have received a voting notice by email If you cannot locate your WHITE card , contact Alliance Advisors at 1 - 866 - 206 - 7868 and they willassist you . Step 2 - Disregard the goldcard from Saba Capital You may have rece ived a gold proxy card from Saba CapitalManagemen , t an outside act iv ist fund.Do not vote the goldcard - and do not return it. IMPORT A NT Any votecast on Saba Capital ' s goldcard - including an against or abstain vote - counts toward Saba ' s tally, not GDVs.The only wayto support GDVs board is to vote the WHITE ca rd .

Step 3 - Vote FOR all three GDV board nominees On your WHITE proxy card, ma rk yourvoteFOR each of the fo l low i ng nominees: Frank J. Fah r enkopf, J r. Colin J. Kilrain Salvatore J . Zizza These are the board's recommended candidates - experienced , indepe n dent fiduciaries wit h a demonst r atedcommitment to shareholder value . Step 4 - Submit your vote before June 29, 2026 Vo t es must be received beforeJ une 28, 2026 a t 11 : 5 9p m E S T . Voting ear l y ensures your voice is heard . Youcan vote in three ways: ONLINE V i s i t the secure proxy website on your WHITE cardandfollow the instructions BY PHONE ca1l 1 - 866 - 2 06 - 7 8 68 to speak w i th a live All i anceAdvisors agent who willwalk you through the voting process BY MAIL Complete the WH I TE proxy card and return it ,n the postage - paid envelop e provided

Hear from Chris Marangi President of Gabelli and Portfolio Manager for the Gabelli D i vidend & Income Trust

GDVs board has de li vered meaningfu l, consistent resu l ts for shareholders for over two decades . H ere is wha t that tr ack reco r d looks like : THE RESULTS SPEAK FOR THEMSELVES • Nearly 23% inves tor return in a single year in the 12 months ended May 5, 2026 • 6 .1 % current return. Annual distr ibut i on raised to $1.80 per share, paid mon th ly - consistent i ncome for long - term shareholders • Discount to NAV n ar r owed meaningfully over time through active management and ongoing share repurchases • Board is 10 of 13 members independent - strong governance. not a rubber stamp • Four new i ndependent trustees added since 2021 - theboard has refreshed itself without disruption Data as of May 31, 2026, unless otherwise noted A board built for Long - term income investors GDV was bui lt for share h olders who rely on consis t ent, growing distr i butions from a profess i onal l y managed closed - end fund T he current board understa n ds that mission. Every decision - share repurchases , d i stribution pol i cy , portfo l io oversight - has been made w it h long - term sha reho lde r value i n mind. T hat alignment i s not acc i dental. It is the resu l t of an independent, exper i enced board w i th deep knowledge of the fund and i t s shareho l der base .

WHY THIS ELECTION MATTERS MORE THAN USUAL T h i s i s a con t est e d e l ectio n , w h ic h mea n s t wo thin g s th a t s h a r e h o ld e r s n ee d t o u nd er s t and : THRESHOLD GOV trustees requ i re a ma j o r ity of outstand i ng shares to p r e vai l. Th i s mea n s everyvote matters - no t just whovotes f o r whom. b u t whether shareholde r s voteat a l l WHITE CARD Vol i ng W HITE IS the on l y way to support yo u r b oard a n d protec t you r fu n d T he W H ITEcard i syourvo i ce - and we need to hear it , I GOLD CARD Any voteon Saba capitals go ld ca r d - even an against o r abstain vo t e - counts t owards Saba ' s tally Absta i ning . o r voti n g agai n st Saba capitalsnominee does no t help GDV

About the Contested Election An outside act i vist. Saba Capital, is running a competing s l ate a t GDVs a nn ual meeting - a firm t ha t has been actively selling its own Gabelli Dividend & Income Trust shares while simultaneously seeking a seat on your board. Supporting Saba could introduce unce r tai nt y around the fu t ure direction, governance and stewardship of a Fund designed for income - o r iented investors. WHAT SHAREHOLDERS SHOULD KNOW ABOUT SABA CAPITAL • Saba Capital is a N ew York - based act i vist h edge f un d • Saba has been active l y selling its GOV shares whi l e simultaneouslyseeking a boa r d seat • Saba's historical agenda is to push funds toward converting t o ope n - end structures or liquidating - strategies that canconflic t with the interests of long - term inco m e shareholders • S a ba'strack record at othe r funds shows a pattern of short - term intervention tha t does not benefit long term holders • Saba's approach exploits governance processes, intended to p r o t ec t all s h areho l ders , to secure gains fo r itsel f

What a Saba board seat could mean for GDV A board sea t gives Saba leverage over fund strategy , dis t r i bution policy, and management decisions. GOV was built as a long - t erm income vehicle . Saba ' s interest are li ke l y those of a short - term activist. not a long - term i n come investo . r The board has a fiduciary obli g ation to all sharehol d ers . Saba ' s nominees migh t represent Saba ' s i n t erests .

Why am I receiving multiple proxy cards? X Because t his i s a contested election , two sepa r a t e part i es a r e soliciting your vote . GOV wil l send you a WH IT E proxy card. Saba Capi t al will send you a go l d card. On l y the WHITE ca r d supports GDV's nominees. D i sca r d the go l d ca r d. What if I already voted the gold card? X You can revoke your prior vo t e and submit a n ew one. Contact A ll i ance Adviso r s at 1 - 866 - 206 - 7868 immediately and they w i l l wa l k you through the process. Only your most recently submitted vote counts.

What if I hold shares through a broker or bank? X If you ho l d shares through a broke r age or bank (street name) , you wi ll r ece i ve vo t ing i n s t ruct ions from you r financ i al i nst i t ution . F ollow t hose instructions a n d make sure to vo t e FOR GDV's nominees. I f you need he l p, ca l l A l l iance Advisors a t 1 - 866 - 206 - 7868.

What happens if I don't vote? X In a contested election , n o t vo t ing has conseque n ces . GD V s Trustees n eed a major i ty of t he outsta n d i ng sha r es t o be e l ect ed . I f yo u do n 't vote , your s h ares do not count toward GDVs t h resho l d - w h ic h m akes i t ha r der fo r the boa r d to win . Every share ma tte r s.

Can I vote by phone? X Yes. Call 1 - 866 - 206 - 7868 t o speak with a live A l lia n ce Adv i so r s age n t Vot i n g by p hone ta k es a pp roximate l y one m i nute. What is the deadline to vote? X The deadline to vote is Ju n e 28 . 2026 at 11:5 9 pm ET

Who is AUiance Advisors? X All i ance Advisors is GDVs proxy solic it o r - the firm r e t ained by t he b oard t o assist shareholders w i t h th e vot i ng p r ocess . They are available to answer questions, help you vote , and r evoke a p r i or vote if necessary. Reach the m at 1 - 866 - 206 - 7868, Monday throug h F r iday gam - 10pm E T. THE CHOICE IS CLEAR, THE CARD IS WHITE Register here for personalized voting assistance CONTACT Contact Alliance Adv i sors , our proxy solicitor, at 1 - 866 - 206 - 7868 or email GDV@alli anceadvisors . com

D i scla i mer Th i s web l e i s. provided mere l y as i nforma l ionand i s not 1 nl ended l o be. no r shou ld i i be cons l rued as an offer tosel.lor a solic ital i onof an olfer l o buy any secu ri l y Th i s websi t e does no l r ecommend th e purchase or sa l e o f any secur i ty Th i s webs il e is no t i ntended t o be. nor should i t be construed or used as . i nves t fll€f'lt. t ax or lega l adllic::e . T h i s website i s the exc l usi11e p roperty o f T he Gabe i D ivi dend & I ncome Fund ( " GDV"or the " Fund " ) and may no l be r eproduced or d 1 s l n bu t ed.In w hole or I n part w i l hou t th e expres.s pr i or w ri ll en consent of t he Fund I mporta nt Addi t i ona l I n fo r matio n The Fu nd . its tru s t ees and certa n of i ts executive officers a n d Gabel li Funds . LLC. t he Fund's. i n vestmen t advise r and certa i n of it s oftc::ersand employees. may be deemed to be ' part i c i pan l s ' ( as defined 1 n Sec l i on 14(a l of t he Secu rit i es Exchange Ac t of 1.934 as amended I i n th e so li d ta t iofl of prox i es from sha r eho l ders i n co r mecl ioo \ Vi th l h e 2026 Annua l Mee l i ng and any adjoummenl ! hereof ( the ' 2026 An n ua l Mee t mg 'l Informat i on regard i ng the ident i t i es of t hese pol enha l partic i pan t s an d l he r d r ect or i n d 1 r ec l i nterests by secu n t y hol d i ngs or o l herwise. i s set f orth i n the Funds proxy statement and other materia l s filed w i th the SEC i n connection w ith the 2026 Annua l Meeting . I nformat i on relating t o the fo r egoing can be foun d i n the Fund's definitive p roxy statemen t for its 2026 annua l meeting of sharehotdefs. filed w ith the S E C on Ma r ch 31. 2026 . u n der the section capt i oned ' Informa tion Coocern i ng Participants i n !he Solic i ta l i on · . In formationregard i ng su b sequen t changes lo their hold i ngs of the Funds secu r ities can be found i n t he SEC fil i ngs on Forms 3 4, and 5 \ Vh 1 ch are ava i lable th r ough the S E Cs. websi t e at wwwsec.gov and can be obta ned free of charge ca u ti o na ry S t ate m en t The t i m i ng of the postings. i ncluded i n !h i s lli"ebsite i s made at the d i scretion of the Fund. Readers shou l d no t assume tha t the i nformatio n con t a i ned on th i s webs i te has been u pdated or otherw is e conta i ns curren t 1 n forma l ioo The F und does no l r e vi ew past post i ngs. to d e l erm 1 ne whether they r ema i n accura t e . and i nforma ti on conta i ned In such pos l I ngsmay h aw been superseded certain statements on th i s webs i t e may cons1 I tute forward - l o oking statements w i th i n the mearnng of ! he P rivate5ecunties Lit i gat i on Reform Act of 1995 - Any p r0Jec t I ons, forecasts and es t i mates contained or i ncorporated b y reference here i n are forwar d - l ooking slatements and are based upon certain assumptions Projections . forecasts.and estima t es a r e necessarily speculati11e i n natu re . and it can be e x pected t hat some or all of t heass.ump l i onsund erly i ng any pro_iE - ct i ons . forecasts o r es t i ma l es w i ll no l matefia Li ze or will vary s i gn i ficantly from ac t ua l resuUs. Ac tu.a l re su l ts ma y v ary from any proJect i ons forec.as l s and est i males and the variat i ons may bemaleria l Some i mpo rtan t factors. that could cause ac l ual r es.ull s to differ material l y f rom those in any f orwa r d - look i ng sta t ements i nc l ude changes in i n l eresl r ates. ma r k e t financ i a l or l ega l uncerta i nties i ncludingchanges 1 n l a x \ aw . and l he l i mingand f r equency o f defau l ts o n unde rl y i ng in v estmentsConsequen tl y . L he i n clusk:>n o f any p rojections forecasts.an d est i ma t es h erein shou l d no t be r egarded as a represen t at i onby the Fund or an y of i ts.affili.at es or any other person or entity of the r esu lt s. that will actua ll y be achie \ fed by the Fund Neither the Fund nor its a ffi li.a l es has any obligation l o update or otherwise r ev is e any project i ons . f o r ec.asls and esU m ates. i nclud i ng any r evisions to reflect changes i n econom ic cond i tions or o t her circumstances.a ri s i ng a ft er the date he r ec:,f o r to r e fl ec l t he occurrence of unan l i dpated 8 \ Jents even i f t heu n derl ying ass u mp tions do no t COOl8 to fru i t i oo The Fund acknow l edges. th a t notw 1 t hs l a nd i ng t he foregoing the sa f e harbor for forward - l ook i ng slotements under l he P r i va l e Securi l i e s. Li l igat i on Reform Act of1995 does. n ot apply to in v es l men l companies such as th e Fu nd Readers a r e cautioned no t to p tace undue re li ance on an y of l hese forward - looking statemen l s, which reflec t managements llie'NS as of the date of post i n g. T he Fund cannot guarantee fu t ure results . l evelso f ac t ivity . performance or achievements. . and except as required by law. i i express l y d i scla im s any obligalion l o release publ ic l y any u ates or r ev i smns l o any f orward - l ooking s t a t emerits. con ta i ned i n any pos t ing t o r eflec l any change I n t he F und's. expecta l iorls. w i th regar d t here t o or change I n even l s,c ond it i ons.or ci rcumstances on wh i ch any sta t ement i s based T esti m o n ia l s , Ot h er Q u ota ti o n sand. Th i r d - P arty S t ateme n t s Th i s webs.i l e may con t a i n or r efef to 11€ \ VS , commen t ary and other 1 n forma l ion r ela t ing to the Fund ge11erated by or sou r ced from. persons or compan i es th a l ar e nota lf li a t ed wi t h L he Fund The Fu nd has. neither sought no r obta i ned co n sent from an y other th i rd par l y t o use any statemen t s or 1 n format100 c oo l a i ned herein tha l have been obi.a !led or denved from sta t emen l s made or pub l i shed by such th i r d parties, i nc l ud i ng . w i thout Li m i t atio n . i nformation generated by Saba Capita l Mas t er Fund , Ltd . { the " Saba Hedge Fund 1 . a hedge fun d managed by Saba Capita l Management. L P .. ( " Saba capita l ' and t ogethef w 1 th the Saba Hedge Fund a nd certain affi li a t es. thefeof 'Sa ba ")