Income and potential for capital appreciation from Natural Resources and Gold
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GAMCO Natural Resources, Gold & Income Trust is a diversified, closed-end management investment company. The Fund intends to generate income from short-term gains primarily through its strategy of writing covered call options on the equity securities in its portfolio. Because of its primary strategy the Fund forgoes the opportunity to participate fully in the appreciation of the underlying equity security above the exercise price of the option. Under normal market conditions, the Fund will attempt to achieve its objectives by investing 80% of its assets in equity securities of companies principally engaged in natural resource and gold industries.
The Fund’s investment objective is to provide a high level of current income. The secondary objective is to seek capital appreciation.
Sector Experts: Actively managed by a team of two dedicated Portfolio Managers that are embedded deeply within the sector.
vhroche@gabelli.com (914) 921-5034
Caesar Bryan manages our GAMCO International Growth Fund and Gabelli Gold Fund. He is also a member of the global investment team which is responsible for the GAMCO Global Growth Fund and the GAMCO Global Opportunity Fund. In addition, he is on the management team of the GAMCO Global Gold and Natural Resources & Income… More
Supported by a centralized team of 30+ sector-focused analysts supporting Growth and Value portfolios
A graphical measurement of a portfolio’s net return that simulates the performance of an initial investment of $10,000 over the given time period.
| Symbol | Company | Sector | Portfolio |
|---|---|---|---|
| NEM | NEWMONT CORP | Materials | 3.7 |
| XOM | EXXON MOBIL CORP | Energy | 3.1 |
| NST | NORTHERN STAR RESOURCES LTD | Energy | 2.6 |
| KGC | KINROSS GOLD CORP | Materials | 2.5 |
| WPM | WHEATON PRECIOUS METALS CORP | Materials | 2.3 |
| AGI | ALAMOS GOLD INC | Materials | 2.1 |
| ZTS | ZOETIS INC | Health Care | 2.1 |
| RIO | RIO TINTO PLC | 1.9 | |
| CTVA | CORTEVA INC | 1.9 | |
| NTR | NUTRIEN LTD | 1.8 |
Gross Expense Ratio
2.00%
Net Expense Ratio
1.50%
Maximum Sales Charge
0.00%
Performance returns for periods of less than one year are not annualized. The CBOE S&P 500 Buy/Write Index is an unmanaged benchmark indePerformance returns for periods of less than one year are not annualized. Returns represent past performance and do not guarantee future results. Investment returns and the principal value of an investment will fluctuate. The Fund’s use of leverage may magnify the volatility of net asset value changes versus funds that do not employ leverage. When shares are sold, they may be worth more or less than their original cost. Current performance may be lower or higher than the performance data presented. Visit www.gabelli.com for performance information as of the most recent month end. The CBOE S&P 500 Buy/Write Index is an unmanaged benchmark index designed to reflect the return on a portfolio that consists of a long position in the stocks in the S&P 500 Index and a short position in a S&P 500 (SPX) call option. The Philadelphia Gold & Silver Index is an unmanaged indicator of stock market performance of large North American gold and silver companies. The Dow Jones U.S. Basic Materials Index measures the performance of the basic materials sector of the U.S. equity market. The S&P Global Agribusiness Equity Index is designed to provide exposure to twenty-four of the largest publicly traded agribusiness companies, comprised of a mix of Producers, Distributors & Processors, and Equipment & Materials Suppliers companies. Dividends are considered reinvested. You cannot invest directly in an index.
Total returns and average annual returns reflect changes in the NAV per share and reinvestment of distributions at NAV on the ex-dividend date and are net of expenses. Since inception return is based on an initial NAV of $19.06.
Total returns and average returns reflect changes in closing market values on the NYSE and reinvestment of distributions. Since inception return is based on an initial offering price of $20.00.
From January 31, 2011, the date closest to the Fund’s inception for which data is available.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing.
