Monthly Cash Distributions: The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust has approved monthly cash distributions of $0.03 per share for October, November, and December 2025.
Return of Capital: The distributions in 2025 are expected to primarily constitute a return of capital for tax purposes, with the potential for distributions to exceed the Fund's distributable earnings.
Investment Risks: Investors are cautioned about the risks associated with investing in the Fund, including market fluctuations and the complexities of covered call options, which may affect investment performance.
Fund Overview: The GAMCO Global Gold, Natural Resources & Income Trust is a closed-end management investment company focused on providing high current income through investments in gold and natural resources companies, managed by Gabelli Funds, LLC.
GGN
$5.09+Infinity%1D
Analyst Views on GGN
Wall Street analysts forecast GGN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GGN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast GGN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GGN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 5.150
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Current: 5.150
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About GGN
GAMCO Global Gold, Natural Resources & Income Trust (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income. The Fund's secondary investment objective is to seek capital appreciation consistent with the Fund's strategy and its primary objective. The Fund invests at least 80% of its assets in equity securities of companies principally engaged in the gold industry and the natural resources industries. The Fund invests at least 25% of its assets in the equity securities of companies principally engaged in the exploration, mining, fabrication, processing, distribution or trading of gold or the financing, managing, controlling, or operating of companies engaged in gold-related activities. In addition, the Fund invests at least 25% of its assets in the equity securities of natural resources companies. Gabelli Funds, LLC is the investment advisor of the Fund.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.