GAMCO Glb Gold Natural Res & Income (GGN)
3.89
-0.01 (-0.26%)
USD |
NYAM |
May 20, 16:00
3.885
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
Customize
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.40% | -1.77% | 610.47M | 743103.5 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 9.25% | 96.00% | 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/Value |
| 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 | |
| CBOE S&P 500 BuyWrite TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Caesar Bryan | 17.10 yrs |
| Vincent Rouche | 17.10 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
46
73.61M
-469.20M
Category Low
1.815B
Category High
3 Months
% Rank:
--
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Category Low
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Category High
3 Years
% Rank:
--
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Category Low
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Category High
6 Months
% Rank:
--
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Category Low
--
Category High
5 Years
% Rank:
--
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Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
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Category Low
--
Category High
As of January 31, 2012
Performance Versus Category
As of May 20, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 20, 2022.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
United States Treasury Bills 0.04071%
|
6.45% | -- | -- |
| Exxon Mobil Corp | 4.95% | 91.86 | 0.79% |
| Newmont Corp | 4.70% | 67.19 | 1.63% |
| Freeport-McMoRan Inc | 4.13% | 36.31 | -1.12% |
| Chevron Corp | 3.92% | 167.82 | 0.58% |
| Franco-Nevada Corp | 3.35% | 178.45 | 0.25% |
|
Shell PLC
|
3.34% | -- | -- |
| Barrick Gold Corp | 3.27% | 26.65 | 0.34% |
|
United States Treasury Bills 0.02%
|
2.98% | -- | -- |
| Rio Tinto PLC ADR | 2.93% | 69.54 | 2.37% |
News
Headline
Wire
Time (ET)
Yahoo
05/13 08:55
-- Correction: Earnings Flash (CRNT) CERAGON NETWORKS Posts Q1 Loss $-0.02, vs. Street Est of $-0.03
MT Newswires
05/02 16:24
MT Newswires
05/02 16:24
MT Newswires
05/02 07:40
MT Newswires
05/02 07:40
SA Breaking News
11/12 14:12
SA Breaking News
08/23 12:45
MT Newswires
08/02 07:15
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/Value |
| 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 | |
| CBOE S&P 500 BuyWrite TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| Caesar Bryan | 17.10 yrs |
| Vincent Rouche | 17.10 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (5-20-22) | 9.25% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 15.85 |
| 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 |
As of December 31, 2021
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 3/29/2005 |
| Last Annual Report Date | 12/31/2021 |
| Last Prospectus Date | 12/31/2013 |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan |
|
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
Yahoo
05/13 08:55
-- Correction: Earnings Flash (CRNT) CERAGON NETWORKS Posts Q1 Loss $-0.02, vs. Street Est of $-0.03
MT Newswires
05/02 16:24
MT Newswires
05/02 16:24
MT Newswires
05/02 07:40
MT Newswires
05/02 07:40
SA Breaking News
11/12 14:12
SA Breaking News
08/23 12:45
MT Newswires
08/02 07:15