GGN News and Press, GAMCO Global Gold Natural Resources & Income Trust From 06/23/22

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), which tend to rise alongside inflation, and are considered safer bets durin...

There are few things that have a stronger hold on investors’ imagination than gold. When inflation and market volatility spike, many folks simply can’t resist the yellow metal’s call. But the truth is, for us dividend investors, gold is a raw deal. That’s mai...

If you’ve sat out oil stocks until now, it’s easy to think you missed the boat. After all, oil’s big run has sent shares of producers (and pipeline operators) soaring. That’s meant lower dividend yields—and higher valuations—for folks who decide to ...

For the second month in a row, equity CEFs on average witnessed negative returns, declining 0.89% on a NAV basis for February. While also for the second consecutive month, fixed income CEFs posted returns in the red (-1.23%). Only 17% of all CEFs traded at a premium to their NAV a...

We have entered a new inflationary cycle. What worked for the last 13 years will revert. Inflation beneficiaries and commodities benefit from inflation. We are making money owning EPD, ET, MMP, MPLX, AR, AM, TELL, BTU, HCC, X, CLF, GGN, GOLD, and SBSW in this bear market. ...

We take a look at the action in preferreds and baby bonds through the third week of February and highlight some of the key themes we are watching. Preferreds were pretty flat for the third week, supported by the stability of longer-term yields. Given the weakness across some indiv...

GGN invests across both energy sector and mining stocks with a focus on gold producers. The fund has benefited from the strong momentum in oil prices over the past year although we highlighted a mixed performance to benchmarks. While GGN has a unique exposure, the strategy has sev...

Stagflation is back and will hurt stocks and bonds. Cyclical commodity companies will outperform. Antero Resources AR is a high quality nat gas play. Bonds are a sell, and AM and GGN are good income investments. Tellurian Inc. and Warrior Met Coal are two speculative high ...

The United States has begun to suffer from the ravages of inflation in a very significant way. This poses a problem for retirees and others because of the impact it has on your assets and income. GGN invests in a portfolio of gold and other precious metals stocks, which historical...

The gold mining companies often magnify the moves in gold because they are leveraged to the price. The recent stance by the Fed has been perceived as slightly more hawkish creating even more selling in the gold miners. A big move up in gold will often occur simultaneously with a m...