Gamco Global Gold, Natural Resources & Income Trust Declares Monthly Distributions, Payable on January 24, 2022, February 24, 2022 and March 23, 2022
November 12, 2021 at 09:25 am EST
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The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.03 per share for each of January, February, and March 2022. Based on current dynamics, the Fund may make distributions in excess of the Fund?s earnings. It is currently expected that distributions to common shareholders in 2022 will primarily constitute a return of capital for tax purposes. It is currently expected that distributions to common shareholders in 2021 will primarily constitute a return of capital for tax purposes. Record dates are January 14, 2022, February 11, 2022 and March 17, 2022. The dividend will be payable on January 24, 2022, February 24, 2022 and March 23, 2022.
GAMCO Global Gold, Natural Resources & Income Trust (the Fund) is a non-diversified closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income. The Fund's secondary investment objective is to seek capital appreciation consistent with the Fund's strategy and its primary objective. The Fund invests at least 80% of its assets in equity securities of companies principally engaged in the gold industry and the natural resources industries. The Fund invests at least 25% of its assets in the equity securities of companies principally engaged in the exploration, mining, fabrication, processing, distribution or trading of gold or the financing, managing, controlling, or operating of companies engaged in gold-related activities. In addition, the Fund invests at least 25% of its assets in the equity securities of natural resources companies. Gabelli Funds, LLC is the investment advisor of the Fund.