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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.42% -6.57% 649.48M 870786.2
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
9.79% 88.60% 73.61M Upgrade

Basic Info

Investment Strategy
The Company primarily seeks to provide a high level of current income. The Funds secondary investment objective is to seek capital appreciation consistent with the Funds strategy and its primary objective. The Fund will attempt to achieve its objective by investing at least 80% of its assets in equity securities of companies principally engaged in gold industry and natural resources industries. As part of its investment strategy, the Fund intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio, but may, in amounts up to 15% of the Funds assets, consist of writing uncovered call options on indices comprised of Gold Companies or Natural Resources Companies or exchange traded funds comprised of such issuers and put options on securities in its portfolio. The Fund will invest 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. Additionally the Fund will also invest at least 25% of its assets in the equity securities of companies principally engaged in the exploration, production or distribution of natural resources, such as gas, oil, paper, food and agriculture, forestry products, metals and minerals as well as related transportation companies and equipment manufacturers.
General
Security Type Closed-End Fund
Equity Style Large Cap/Blend
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Natural Resources
Category Index S&P North American Natural Resources TR
Prospectus Objective Specialty - Natural Resources
Fund Owner Firm Name Gabelli
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Barbara Marcin 16.10 yrs
Caesar Bryan 16.10 yrs
Vincent Rouche 16.10 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 32
73.61M
-451.03M Category Low
1.945B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of January 31, 2012

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
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--
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--
--
--
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of May 13, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
-13.09%
-22.27%
29.08%
1.02%
-19.50%
36.59%
-8.42%
14.03%
4.94%
-0.87%
7.51%
22.40%
-8.71%
27.67%
15.90%
8.18%
--
--
39.99%
8.02%
-16.77%
18.97%
1.02%
28.80%
3.02%
-12.79%
19.75%
24.84%
-16.61%
19.23%
17.86%
21.53%
-7.72%
-19.55%
25.85%
26.73%
-22.55%
23.78%
-0.11%
38.09%
-8.37%
-16.91%
23.54%
30.34%
-16.04%
22.20%
22.31%
17.06%
As of May 13, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (5-14-21) 9.79%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 23.80
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 4.20%
Yield to Maturity --
Effective Duration --
Average Coupon --
Average Credit Score --
Average Price --
As of December 31, 2020

Fund Details

Key Dates
Inception Date 3/29/2005
Last Annual Report Date 12/31/2020
Last Prospectus Date 12/31/2013
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Asset Allocation

As of December 31, 2020.
Type % Net % Long % Short
Cash 13.69% Upgrade Upgrade
Stock 80.94% Upgrade Upgrade
Bond 4.69% Upgrade Upgrade
Convertible 0.68% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
United States Treasury Bills 0.11%
5.50% -- --
Barrick Gold Corp 4.38% 29.12 1.46%
Agnico Eagle Mines Ltd 3.96% 84.82 1.22%
United States Treasury Bills 0.07%
3.89% -- --
Newmont Corp 3.72% 70.74 2.64%
United States Treasury Bills 0.09%
3.45% -- --
Franco-Nevada Corp 3.38% 181.11 1.01%
Kirkland Lake Gold Ltd 3.18% 50.27 1.82%
Rio Tinto PLC ADR 3.11% 88.29 -1.92%
United States Treasury Bills 0.11%
3.03% -- --

Basic Info

Investment Strategy
The Company primarily seeks to provide a high level of current income. The Funds secondary investment objective is to seek capital appreciation consistent with the Funds strategy and its primary objective. The Fund will attempt to achieve its objective by investing at least 80% of its assets in equity securities of companies principally engaged in gold industry and natural resources industries. As part of its investment strategy, the Fund intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio, but may, in amounts up to 15% of the Funds assets, consist of writing uncovered call options on indices comprised of Gold Companies or Natural Resources Companies or exchange traded funds comprised of such issuers and put options on securities in its portfolio. The Fund will invest 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. Additionally the Fund will also invest at least 25% of its assets in the equity securities of companies principally engaged in the exploration, production or distribution of natural resources, such as gas, oil, paper, food and agriculture, forestry products, metals and minerals as well as related transportation companies and equipment manufacturers.
General
Security Type Closed-End Fund
Equity Style Large Cap/Blend
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Natural Resources
Category Index S&P North American Natural Resources TR
Prospectus Objective Specialty - Natural Resources
Fund Owner Firm Name Gabelli
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Barbara Marcin 16.10 yrs
Caesar Bryan 16.10 yrs
Vincent Rouche 16.10 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (5-14-21) 9.79%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 23.80
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 4.20%
Yield to Maturity --
Effective Duration --
Average Coupon --
Average Credit Score --
Average Price --
As of December 31, 2020

Fund Details

Key Dates
Inception Date 3/29/2005
Last Annual Report Date 12/31/2020
Last Prospectus Date 12/31/2013
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No