GAMCO Glb Gold Natural Res & Income (GGN)
3.88
+0.04 (+1.04%)
USD |
May 14, 16:59
Price Chart
Key Stats
Customize
| 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
1 Month
% Rank:
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Category Low
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Category High
1 Year
% Rank:
32
73.61M
-451.03M
Category Low
1.945B
Category High
3 Months
% Rank:
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Category High
3 Years
% Rank:
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6 Months
% Rank:
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5 Years
% Rank:
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YTD
% Rank:
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10 Years
% Rank:
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As of January 31, 2012
Performance Versus Category
As of May 13, 2021. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
Edit comparables
As of May 13, 2021.
Asset Allocation
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% | -- | -- |
News
Headline
Wire
Time (ET)
SA Breaking News
05/13 08:39
Yahoo
05/13 08:30
SA Breaking News
03/08 14:29
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
Risk Info
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 |
|
| 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)
SA Breaking News
05/13 08:39
Yahoo
05/13 08:30
SA Breaking News
03/08 14:29