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home / news releases / GGN - Evaluating CEFs: GGN Has The Gold But No Glitter

GGN - Evaluating CEFs: GGN Has The Gold But No Glitter

GAMCO Global Gold Natural Resources & Income Trust
  • GGN holds gold and natural resource producers and has an attractive 9% yield if it can support it.
  • I continue my series looking at CEFs beyond the yield.
  • Long-term NAV decline and regular distribution cuts show the distribution cannot be supported.

For further details see:

Evaluating CEFs: GGN Has The Gold But No Glitter
Stock Information
Company Name: GAMCO Global Gold Natural Resources & Income Trust
Stock Symbol: GGN
Market: NYSE
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