GAMCO Global Gold, Natural Resources & Income Trust (GGN)
| Market Value | 640.33M |
| Revenue (ttm) | 22.81M |
| Net Income (ttm) | 75.83M |
| Shares Out | 154.30M |
| EPS (ttm) | 0.49 |
| PE Ratio | 8.45 |
| Forward PE | n/a |
| Dividend | $0.36 (8.68%) |
| Ex-Dividend Date | Jun 13, 2025 |
| Volume | 663,280 |
| Open | 4.210 |
| Previous Close | 4.210 |
| Day's Range | 4.150 - 4.220 |
| 52-Week Range | 3.700 - 4.480 |
| Beta | 0.77 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About GGN
GAMCO Global Gold, Natural Resources & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related ... [Read more]
News
Gamco Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 per Share
RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the “Fund”) approved the continuation of its policy of pa...
Sell Equity, Buy Fixed Income, Part 4: GGN And 6% From One Of The Highest-Rated Preferred Shares On The Exchange
The inverted earnings yield curve suggests avoiding equity and favoring fixed income, particularly closed-end fund preferred stocks like GGN-B. GGN-B offers a 5.96% yield with an A2 credit rating from...
GGN: Sometimes Markets Give Buying Opportunities
GAMCO Global Gold, Natural Resources & Income Trust's price drop presents a buying opportunity, driven by end-of-year market volatility and strategic management decisions. The fund's strategy involves...
5 Best CEFs This Month For 9.5% Yield (October 2024)
For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs are generall...
GGN: Still Has Some Room To Run
GAMCO Global Gold, Natural Resources & Income Trust offers growth potential with a portfolio focused on energy and mining stocks, benefiting from rising gold and oil prices. The fund's quarterly repor...
These 15 Dividends Could Be Great In 2025
With stocks back in “climb” mode (at least for now!), it could seem like a good time to look for a hedge against the next downturn.
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the “Fund”) approved the continuation of its policy of pa...
GGN: Tracking Two Fundamentals, Crude And Precious Metals
GAMCO prices have retraced modestly, offering investors a slightly better entry price. Gold remains in bullish markets, likely to head higher. Crude oil prices are likely to head higher from limited s...
GGN: Perfectly Tracking Fundamentals
GAMCO Global Gold, Natural Resources & Income Trust invests in energy and natural resources and uses a short call option strategy for generating dividend cash. The fund's prices have recently broken o...
Gamco Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the “Fund”) approved the continuation of its policy of pa...
GGN: Prevailing Tailwinds Await The CEF
GAMCO Global Gold, Natural Resources & Income Trust invests in mining and energy companies and sells covered calls for income. The shift to gold may prove wise as there is an inverse relationship betw...
GGN: Buy, Moderate Growth Is In The Wings
GAMCO Global Gold's model places it in a unique position for future growth. The growth will likely be moderated by its practice of heavily selling covered calls on its investments. In the meantime, in...
GGN: Reasonable Discount Available On This High-Yielding CEF Makes It Appealing
GAMCO Global Gold, Natural Resources & Income Trust uses a covered call strategy with high turnover and a cash component of over 17%. The GGN closed-end fund had a market-beating performance in the pa...
GAMCO Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 Per Share
RYE, N.Y., May 18, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the “Fund”) approved the continuation of its policy of pay...
GGN: Compelling Dividend Yield But No Growth Despite Bullish Gold
GGN: Compelling Dividend Yield But No Growth Despite Bullish Gold
The Month In Closed-End Funds: March 2023
For the second consecutive month, equity CEFs (-0.26%) on average witnessed negative performance while their fixed income CEF cohorts (+0.87%) posted gains for the second month in three. At month end,...
Stars Aligning For GAMCO Global Gold, Natural Resources & Income Trust
Market pressures in precious metals and oil will likely drive GAMCO Global Gold, Natural Resources & Income Trust higher. The two pressures are likely to join forces at a similar timing.
Warning: These 2 High-Yield Oil Dividends Are About To Slide
I have a warning: now is the time to take profits—especially if you hold the two oil funds we'll discuss below.
GGN: No Inflation Hedging Via This 10% Yielding CEF
GGN is an equity CEF that holds global energy and mining conglomerates' shares. The fund has a spotty performance and has not been an effective inflation hedge given its overweight position in gold mi...
GGN: Great Idea For Right Now In Concept But Generally Poor Execution
GGN is a very high-yielding closed-end fund that primarily invests in gold and energy. Gold is historically a strong performer during inflationary times but it has not been performing very well over t...
These 4 Gold Funds Are The Worst Buys You Could Make Now
It's almost a reflex to buy gold when inflation hits or volatility ramps up.
Hedging Or Not With GGN
Distribution remains constant at $0.03 per month with GAMCO. Price swings seem tied with NAV swings.
GGN: This High Yield CEF Is A Safe Bet In Current Economic Scenario
Despite gradually decreasing its pay-out by almost 79 percent, GGN has recorded an average yield of almost 13 percent over the past 10 years. GGN's investments are in commodities (gold, mining, energy...
Why It's Not Too Late To Buy Oil Stocks
There's a way we can “turn back the clock” and squeeze 8.1%, 8.7% and even 8.9% dividends out of energy stocks.
GGN: Compelling 9.6% Yield, But Strategy Leaves A Lot To Be Desired
GGN invests across both energy sector and mining stocks with a focus on gold producers. The fund has benefited from the strong momentum in oil prices over the past year although we highlighted a mixed...