GGN

GAMCO Global Gold, Natural Resources & Income Trust

5.02 USD
+0.03
0.6%
At close Updated Sep 15, 4:00 PM EDT
1 day
0.6%
5 days
3.29%
1 month
10.09%
3 months
12.05%
6 months
18.4%
Year to date
29.38%
1 year
18.68%
5 years
40.62%
10 years
-0.4%
 

About: GAMCO Global Gold Natural Resources & Income Trust is a non-diversified closed-end management investment company. Its primary investment objective is to provide a high current income and capital appreciation as its secondary objective. To achieve its objective, the fund may invest majority of its assets in equity securities of companies principally engaged in the gold and natural resources industries. It also intends to earn income through an option planning of writing (selling) covered call options on equity securities in its portfolio.

0
Funds holding %
of 7,463 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

75% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 28

3% more capital invested

Capital invested by funds: $77.8M [Q1] → $80.2M (+$2.43M) [Q2]

0.4% more ownership

Funds ownership: 11.36% [Q1] → 11.76% (+0.4%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

6% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 18

2% less funds holding

Funds holding: 140 [Q1] → 137 (-3) [Q2]

Financial journalist opinion

Neutral
GlobeNewsWire
25 days ago
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 per Share
RYE, N.Y., Aug. 21, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the “Fund”) approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.03 per share for each of October, November, and December 2025. Based on current dynamics, the Fund may make distributions in excess of the Fund's distributable earnings. It is currently expected that distributions to common shareholders in 2025 will primarily constitute a return of capital for tax purposes.
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 per Share
Positive
Seeking Alpha
1 month ago
Above 6% Yield From GGN And Its Financial Instruments
Shifting focus from overvalued common stocks to quality preferred stocks for better risk-return balance and unrealized return potential. GGN's preferred stock stands out with a strong A2 Moody's credit rating, 6.05% current yield, and stable cumulative distributions. GGN's portfolio is heavily weighted in metals, mining, and energy sectors, offering diversification and exposure to resilient industries.
Above 6% Yield From GGN And Its Financial Instruments
Positive
Seeking Alpha
1 month ago
GGN: Gold Miners Covered Call Fund, 8% Distribution
GGN offers a compelling hedge in today's inflationary, potentially stagflationary environment via exposure to gold miners and energy equities. The fund employs a covered call strategy, generating an 8% distribution while capping upside, and maintains a stable NAV with modest leverage. GGN's performance has been robust post-Covid, benefiting from strong energy and gold prices, and is currently trading flat to NAV.
GGN: Gold Miners Covered Call Fund, 8% Distribution
Positive
Seeking Alpha
2 months ago
5 Best CEFs This Month For Yields Up To 15% (June 2025)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
5 Best CEFs This Month For Yields Up To 15% (June 2025)
Positive
Seeking Alpha
2 months ago
Invest $100,000 For A 7%-Yielding Inflation-Resilient Dividend Growth Portfolio
I discuss the keys to building a successful high-yield dividend growth portfolio. I share the key sectors to include. I also share some of the best funds and individual stocks for building a portfolio that yields over 7% and generates inflation-beating dividend growth.
Invest $100,000 For A 7%-Yielding Inflation-Resilient Dividend Growth Portfolio
Neutral
Forbes
2 months ago
4 Popular Dividends For The Geopolitical Conflicts Unfolding Now
Let's talk about oil and gold dividends. Whether or not the new peace in the Middle East holds, there are some high-quality dividends worth owning anytime.
4 Popular Dividends For The Geopolitical Conflicts Unfolding Now
Positive
Forbes
3 months ago
2 Dividends To Buy As Gold Takes A Dip (One Yields 8.3%)
Gold prices have taken a breather—and we're getting a rare opportunity to snag two shimmering dividend plays paying up to 8.3%.
2 Dividends To Buy As Gold Takes A Dip (One Yields 8.3%)
Positive
Seeking Alpha
3 months ago
GGN.PR.B: An Enticing Rates Play From This CEF
GGN.PR.B preferred shares offer a high 6.1% yield, backed by the fund's stable NAV and strong asset coverage from miners and energy equities. These perpetual preferreds act as a permanent form of capital, with high duration and significant sensitivity to interest rate movements. We see GGN.PR.B as a compelling rates play, with the potential for a +20% upside if rates fall, but -10% downside if 10-year yields rise 100 bps.
GGN.PR.B: An Enticing Rates Play From This CEF
Positive
Forbes
3 months ago
Why The Moody's Downgrade Puts This Dividend Duo In Bullish Mood
As I'm sure you have heard, Moody's downgraded US debt last weekend.
Why The Moody's Downgrade Puts This Dividend Duo In Bullish Mood
Neutral
GlobeNewsWire
4 months ago
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the “Fund”) approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.03 per share for each of July, August, and September 2025. Based on current dynamics, the Fund may make distributions in excess of the Fund's distributable earnings. It is currently expected that distributions to common shareholders in 2025 will primarily constitute a return of capital for tax purposes.
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
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