Produced by The Belgian Dentist for The Income Strategist
(Source: Hedgeye)
In December, we stated that the backdrop for investing in the GAMCO Global Gold, Natural Resources & Income Trust (GGN) had improved considerably.
Exhibit 1: GAMCO Global Gold, Natural Resources & Income Trust
(Source: CEFConnect)
Thanks to rising gold and energy stocks. the fund performed well in the past months. What is the current outlook for GGN?
Buy-write strategy
A "Buy-Write" strategy, also known as covered calls, is generally considered to be an investment strategy in which an investor