GAMCO Global Gold, Natural Resources & Income Trust

Frequently Asked Questions About GGN

What does GGN invest in?

The GAMCO Global Gold, Natural Resources & Income Trust is a United States-domiciled closed-end equity investment vehicle, launched on January 4, 2005, by GAMCO Investors, Inc. and overseen by Gabelli Funds, LLC. This fund primarily allocates capital to publicly traded companies across global markets. Its investment focus centers on firms within the gold sector—spanning exploration, mining, fabrication, processing, distribution, trading, and related financial or operational services—as well as a broad spectrum of natural resources. These include entities engaged in the exploration, production, or distribution of commodities such as petroleum, natural gas, agricultural products, timber, paper, and various metals and minerals, alongside associated transportation and equipment manufacturing businesses. The fund incorporates call options into its investment methodology. Its performance is evaluated against multiple benchmarks: the CBOE S&P 500 Buy/Write Index, the Philadelphia Gold & Silver Index, the Energy Select Sector Index, and the Barclays Government/Credit Bond Index.

What is the expense ratio of GGN?

GAMCO Global Gold, Natural Resources & Income Trust (GGN) charges an expense ratio of 1.29%. This is the annual fee deducted from fund assets to cover management and operations.

What is GGN's dividend yield?

GGN's trailing-twelve-month yield is 7.14%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of GGN?

Effective duration measures GGN's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GGN's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of GGN?

GGN's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of GGN?

Yield to maturity (YTM) is the total return you'd earn from GGN if every bond in the portfolio is held to maturity at the current price. GGN's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.