CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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GAMCO Global Gold, Natural Resources & Income Trust (GGN)

Specialty Equity Funds - Energy Natural Resources Funds

Data as of Aug. 7, 2020
Market Price $3.67 (- $0.03)
NAV (Aug. 7, 2020) $4.26 (- $0.05)
Premium / Discount -13.85% (+0.30%)
Fund Info
Inception March 29, 2005
Sponsor Gabelli Funds
Website https://www.gabelli.co...
Phone 800-422-3554
Objective: High current income; gold industries and the natural resources industries and equity options
Related Indexes
High Income Index
Equity Income Index
60/40 Balanced (w/ BDCs) Index
All Sector Equity CEF Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 155,860,800
Total Assets (Reported: Dec. 31, 2019) $811M
Estimated Total Assets $755M
Net Assets $664M
Market Cap $572M
Purchases Turnover 225.76%
Sales Turnover 214.21%
Total Leverage 12.00%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 2.06%
Non Lev Exp Ratio 1.33%
Rel Lev Cost 5.04%
Discount Data
Average Discount (3 Yr) -1.69%
Discount Low(3 Yr) -25.36%
Discount High(3 Yr) 8.04%
Discount Rel Range 34.46%
Comp Discount 3.37
Discount St Dev (1Yr) 7.25
Z-Stat (6mo) -0.78
Z-Stat (1Yr) -1.43
Z-Stat (3Yr) -2.30
Comp Z-Stat (6mo) -0.32
Comp Z-Stat (3Yr) -1.14
Distribution Data
Market Yield 9.81%
Income Yield 0.00%
Lev Adj NAV Yield 7.55%
Distribution Frequency M
Current Distribution $0.030
Current Income $0.000
Ex-Date 8/14/20
Payable Date 8/24/20
Div Growth (3yr) -40.00%
Dividend Change -40.0% on 5/15/20
Expected Div 8/20/20
RoC (1yr) 79.44%
RoC (3yr) 89.83%
Tax Dividend Data 2019 2017 - 2019
Income 0.9% 5.2%
ST Gains 0% 0%
QDI 0.9% 4.0%
LT Gains 0% 0%
RoC 99.1% 94.8%
Volume & Liquidity
Average Daily $ (M) $4,861
Avg Volume 30 day 1,365,312
Avg Volume 90 day 1,324,639
Volume Trend 3.07%
Comp Volume Trend 18.49%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Equity Income Index
Most Correlated Peer (Mk Pr): BCX 89.0%
NAV - Price Correlation (30 d) 93.7%
NAV - Price Correlation (90 d) 93.2%
NAV - Price Correlation (1 Yr) 89.3%
Price St Dev (1Yr) 46.9%
NAV St Dev (1Yr) 27.5%
Earnings / Share (12/31/19) $-0.006
Earn Coverage 0.00%
Earnings Trend Down
UNII / Share (12/31/19) $-0.001
UNII Trend Down
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Equity Income Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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