GAMCO Natural Resources, Gold & Income Trust Increases Monthly Distribution 33%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 23 2024
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Source: Globenewswire
Distribution Increase Announcement: The Board of Trustees of GAMCO Natural Resources, Gold & Income Trust has approved a 33% increase in monthly cash distributions to $0.04 per share starting October 2024, with the expectation that these distributions may primarily represent a return of capital for tax purposes.
Investment Risks and Fund Overview: Investors are cautioned about the risks associated with the Fund's investment strategies, including market fluctuations and option transactions, while the Fund aims to provide high current income through investments in gold and natural resources companies.
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.
