GNT - Shares of GAMCO Natural Resources Gold & Income Trust (GNT) Exceed 52-Week High
GAMCO Natural Resources Gold & Income Trust (NYSE:GNT) traded today at a new 52-week high of $5.72. So far today approximately 52,000 shares have been exchanged, as compared to an average 30-day volume of 120,000 shares.
The Funds primary investment objective is to provide a high level of current income from interest, dividends and option premiums. The Funds secondary investment objective is to seek capital appreciation consistent with the Funds strategy and its primary objective. To meet the objective of providing a high level of current income, the Fund intends to invest in income producing securities such as equity securities, convertible securities and other securities and earn short-term gains from a strategy of writing covered call options on equity securities in its portfolio. The Fund will seek dividend income through investments in equity securities such as common stock or convertible preferred stock. The Fund will seek interest income through investments in convertible or corporate bonds.
In the past 52 weeks, shares of GAMCO Natural Resources Gold & Income Trust have traded between a low of $4.38 and a high of $5.72 and is now at $5.71, which is 30% above that low price.
GAMCO Natural Resources Gold & Income Trust (NYSE:GNT) defies analysts with a current price ($5.71) 1.8% above its average consensus price target of $5.60.
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