GAMCO Global Gold, Natural Resources & Stock News

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

GGN: Prevailing Tailwinds Await The CEF

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

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

ASA: This Gold Fund Can Maintain The Purchasing Power Of Your Wealth.

GGN: Compelling Dividend Yield But No Growth Despite Bullish Gold

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,

I have a warning: now is the time to take profits—especially if you hold the two oil funds we'll discuss below.

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 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

Distribution remains constant at $0.03 per month with GAMCO. Price swings seem tied with NAV swings.

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

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.

The Month In Closed-End Funds: February 2022

Preferreds Market Weekly Review: Identifying Tax-Loss Selling Rotation Opportunities