GAMCO Global Gold Ntrl Rsrcs & Incm Trst (A:GGN)

Business Focus: Closed End Funds

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Sector: Financials	Industry: Closed End Funds

See Regulatory Filings on SEC

Company Contact

Address:	One Corporate Center RYE NY 10580-1422
Tel:	N/A
Website:	N/A
IR:	N/A

Key People

John C. Ball President, Treasurer, and Principal Financial and Accounting Officer	Richard J. Walz Chief Compliance Officer	Peter D. Goldstein Vice President, Secretary
Carter W. Austin Vice President	Molly A. F. Marion Vice President, Ombudsman	Laurissa M. Martire Vice President, Ombudsman
David I. Schachter Vice President

Business Overview

GAMCO Global Gold, Natural Resources & Income Trust (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income. The Fund's secondary investment objective is to seek capital appreciation consistent with the Fund's strategy and its primary objective. The Fund invests at least 80% of its assets in equity securities of companies principally engaged in the gold industry and the natural resources industries. The Fund invests 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. In addition, the Fund invests at least 25% of its assets in the equity securities of natural resources companies. Gabelli Funds, LLC is the investment advisor of the Fund.

Financial Overview

For the fiscal year ended 31 December 2023, GAMCO Global Gold Ntrl Rsrcs & Incm Trst revenues increased 5% to $22.6M. Net income applicable to common stockholders increased 41% to $70.5M. Revenues reflect Interest increase from $2.6M to $6.3M. Net income benefited from Net realized loss on investments increase from $34.6M (expense) to $7.6M (income), Net realized gain on written options increase from $23.1M to $49M (income).

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