GNT Overview

Distribution Increase: The GAMCO Natural Resources, Gold & Income Trust has increased its annual distribution by 20% to $0.72 per share, with monthly payments of $0.06 starting January 2026, reflecting a strong NAV total return of 37% year to date.

Distribution Policy: The Board of Trustees will continue to review and potentially adjust the Fund's monthly cash distributions based on income, realized capital gains, and market conditions, with current distributions expected to primarily constitute a return of capital for tax purposes.

Investment Risks: Investors are cautioned about the risks associated with the Fund's investment strategy, including market fluctuations and the complexities of covered call options, which may affect the Fund's performance and distribution levels.

Fund Overview: The GAMCO Natural Resources, Gold & Income Trust is a diversified investment company focused on generating high current income through investments in gold and natural resources companies, managed by Gabelli Funds, LLC.

Distribution Increase: GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT) has authorized a 25% increase in its monthly cash distribution from $0.04 to $0.05 per share, effective October 2025, due to a strong NAV total return of 28% year-to-date.

Investment Considerations: Investors are advised to carefully evaluate the investment objectives, risks, charges, and expenses associated with the Fund before making any investments.

Market Risks: The Fund's NAV per share is subject to fluctuations based on market value changes, and investors may experience losses if shares are sold for less than their original cost.

Fund Overview: GAMCO Natural Resources, Gold & Income Trust focuses on providing high current income through investments primarily in gold and natural resources equity securities, utilizing a strategy of writing covered call options.

Earnings Reports Overview: Several companies, including HCA Healthcare, Aon, and Charter Communications, are set to report their earnings for the quarter ending June 30, 2025, with varying forecasts indicating increases or decreases in earnings per share compared to the previous year.

Industry Comparisons: The Price to Earnings ratios for these companies suggest that most are expected to experience higher earnings growth than their industry competitors, despite some companies like Phillips 66 and Centene Corporation projecting significant declines in earnings.

Distribution Policy Update: The Board of Trustees of GAMCO Natural Resources, Gold & Income Trust has approved monthly cash distributions of $0.04 per share for July, August, and September 2025, with an annual distribution increase of 33% to $0.48 per share starting October 2024.

Investment Risks and Strategy: The Fund focuses on providing high current income through investments in gold and natural resources companies, utilizing covered call options; however, investors should be aware of the associated market risks and potential fluctuations in share value.

Tax Benefit Preservation Plan: The Board of Trustees of GAMCO Natural Resources, Gold & Income Trust is considering a tax benefit preservation plan to protect the Fund's capital loss carryforwards (CLCFs) exceeding $74 million from potential impairment due to ownership changes as defined by Section 382 of the Internal Revenue Code.

Implementation Details: If adopted, the plan would issue rights to shareholders that become exercisable if ownership thresholds are exceeded, aiming to discourage accumulation of shares above 4.9% without Board approval; however, there is no guarantee that this plan will be implemented or effective in preventing ownership changes.

Distribution Policy Update: The Board of Trustees of GAMCO Natural Resources, Gold & Income Trust has approved monthly cash distributions of $0.04 per share for April, May, and June 2025, with an annual distribution increase of 33% to $0.48 per share.

Investment Risks and Objectives: The Fund aims to provide high current income through investments in gold and natural resources companies, while also engaging in covered call options; however, investors should be aware of the associated market risks and potential fluctuations in share value.