Gamco Global Gold, Natural Resources & Income Trust Declares Monthly Distributions of $0.03 per Share
GAMCO Global Gold, Natural Resources & Income Trust (GGN) has announced the continuation of its monthly cash distribution policy. The Board of Trustees has declared distributions of $0.03 per share for April, May, and June 2025, with specific record and payable dates set for each month.
Based on current conditions, the Fund anticipates that 2025 distributions will primarily constitute a return of capital for tax purposes. The Fund may distribute in excess of its earnings. The Board regularly reviews potential distribution amounts considering income, realized capital gains, and available capital.
Important investment considerations include fluctuating NAV per share based on portfolio securities' market value, and risks associated with covered call options. The Fund's option strategy involves forgoing potential profits from market value increases above call option exercise prices while retaining downside risk. Shareholders will receive Form 1099-DIV in early 2026 detailing the tax treatment of 2025 distributions.
GAMCO Global Gold, Natural Resources & Income Trust (GGN) ha annunciato il proseguimento della sua politica di distribuzione mensile in contante. Il Consiglio di Amministrazione ha dichiarato distribuzioni di $0,03 per azione per aprile, maggio e giugno 2025, con date specifiche di registrazione e pagamento fissate per ciascun mese.
In base alle condizioni attuali, il Fondo prevede che le distribuzioni del 2025 costituiranno principalmente un ritorno di capitale ai fini fiscali. Il Fondo potrebbe distribuire più dei suoi guadagni. Il Consiglio esamina regolarmente gli importi potenziali delle distribuzioni considerando il reddito, i guadagni in conto capitale realizzati e il capitale disponibile.
Considerazioni importanti sugli investimenti includono la fluttuazione del NAV per azione basata sul valore di mercato dei titoli del portafoglio e i rischi associati alle opzioni call coperte. La strategia di opzioni del Fondo comporta la rinuncia a potenziali profitti derivanti dagli aumenti del valore di mercato al di sopra dei prezzi di esercizio delle opzioni call, mantenendo però il rischio al ribasso. Gli azionisti riceveranno il modulo 1099-DIV all'inizio del 2026, con i dettagli sul trattamento fiscale delle distribuzioni del 2025.
GAMCO Global Gold, Natural Resources & Income Trust (GGN) ha anunciado la continuación de su política de distribución mensual en efectivo. La Junta de Fideicomisarios ha declarado distribuciones de $0,03 por acción para abril, mayo y junio de 2025, con fechas específicas de registro y pago establecidas para cada mes.
Con base en las condiciones actuales, el Fondo anticipa que las distribuciones de 2025 constituirán principalmente un retorno de capital a efectos fiscales. El Fondo puede distribuir más de sus ganancias. La Junta revisa regularmente los montos potenciales de distribución considerando ingresos, ganancias de capital realizadas y capital disponible.
Consideraciones importantes de inversión incluyen la fluctuación del NAV por acción basada en el valor de mercado de los valores de la cartera y los riesgos asociados con las opciones de compra cubiertas. La estrategia de opciones del Fondo implica renunciar a posibles ganancias por aumentos del valor de mercado por encima de los precios de ejercicio de las opciones de compra, mientras se retiene el riesgo a la baja. Los accionistas recibirán el formulario 1099-DIV a principios de 2026, detallando el tratamiento fiscal de las distribuciones de 2025.
GAMCO Global Gold, Natural Resources & Income Trust (GGN)는 월별 현금 배당 정책의 지속을 발표했습니다. 이사회는 2025년 4월, 5월, 6월에 대한 배당금을 $0.03 per 주식으로 선언했으며, 각 달에 대한 특정 기록 및 지급 날짜가 설정되었습니다.
현재 조건을 기반으로, 이 펀드는 2025년 배당금이 주로 세금 목적을 위한 자본 환급으로 구성될 것으로 예상하고 있습니다. 이 펀드는 수익을 초과하여 배당할 수 있습니다. 이사회는 수익, 실현된 자본 이득 및 사용 가능한 자본을 고려하여 잠재적인 배당금 금액을 정기적으로 검토합니다.
중요한 투자 고려 사항에는 포트폴리오 증권의 시장 가치에 따른 변동하는 주당 NAV와 커버드 콜 옵션과 관련된 위험이 포함됩니다. 펀드의 옵션 전략은 콜 옵션 행사 가격을 초과하는 시장 가치 상승으로 인한 잠재적인 이익을 포기하는 대신 하락 위험을 유지합니다. 주주들은 2026년 초에 2025년 배당금의 세금 처리를 상세히 설명하는 1099-DIV 양식을 받을 것입니다.
GAMCO Global Gold, Natural Resources & Income Trust (GGN) a annoncé la poursuite de sa politique de distribution mensuelle en espèces. Le Conseil d'Administration a déclaré des distributions de $0,03 par action pour avril, mai et juin 2025, avec des dates d'enregistrement et de paiement spécifiques fixées pour chaque mois.
En fonction des conditions actuelles, le Fonds prévoit que les distributions de 2025 constitueront principalement un retour de capital à des fins fiscales. Le Fonds peut distribuer plus que ses bénéfices. Le Conseil examine régulièrement les montants potentiels de distribution en tenant compte des revenus, des gains en capital réalisés et du capital disponible.
Les considérations d'investissement importantes incluent la fluctuation de la NAV par action basée sur la valeur marchande des titres du portefeuille et les risques associés aux options d'achat couvertes. La stratégie d'options du Fonds consiste à renoncer à des bénéfices potentiels provenant d'augmentations de la valeur marchande au-delà des prix d'exercice des options d'achat, tout en conservant le risque à la baisse. Les actionnaires recevront le formulaire 1099-DIV début 2026 détaillant le traitement fiscal des distributions de 2025.
GAMCO Global Gold, Natural Resources & Income Trust (GGN) hat die Fortsetzung seiner monatlichen Barverteilungspolitik bekannt gegeben. Der Vorstand hat Ausschüttungen von $0,03 pro Aktie für April, Mai und Juni 2025 erklärt, mit spezifischen Stichtags- und Zahlungsterminen für jeden Monat.
Basierend auf den aktuellen Bedingungen erwartet der Fonds, dass die Ausschüttungen im Jahr 2025 hauptsächlich eine Rückzahlung von Kapital für steuerliche Zwecke darstellen werden. Der Fonds könnte mehr ausschütten als seine Erträge. Der Vorstand überprüft regelmäßig potenzielle Ausschüttungsbeträge unter Berücksichtigung von Einkommen, realisierten Kapitalgewinnen und verfügbarem Kapital.
Wichtige Anlageüberlegungen umfassen die schwankende NAV pro Aktie basierend auf dem Marktwert der Portfoliowerte und die Risiken, die mit gedeckten Call-Optionen verbunden sind. Die Optionsstrategie des Fonds beinhaltet den Verzicht auf potenzielle Gewinne aus Marktwertsteigerungen über den Ausübungspreisen der Call-Optionen, während das Abwärtsrisiko beibehalten wird. Die Aktionäre erhalten Anfang 2026 das Formular 1099-DIV, das die steuerliche Behandlung der Ausschüttungen von 2025 detailliert darstellt.
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RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the “Fund”) approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of
| Distribution Month | Record Date | Payable Date | Distribution Per Share | |
| April | April 15, 2025 | April 23, 2025 | $ | 0.03 |
| May | May 15, 2025 | May 22, 2025 | $ | 0.03 |
| June | June 13, 2025 | June 23, 2025 | $ | 0.03 |
Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Because the Fund’s current monthly distributions are subject to modification by the Board of Trustees at any time and the Fund’s income will fluctuate, there can be no assurance that the Fund will pay distributions at a particular rate or frequency. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution.
Short-term capital gains, qualified dividend income, ordinary income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. There are no capital loss carryforwards for book purposes. Therefore the Fund, on a book basis, may be distributing short term gains generated from option premiums that will not be taxable in 2025 because of the capital loss carryforwards available on a tax basis. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the monthly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:
Molly Marion
(914) 921-5681
The Fund’s NAV per share will fluctuate with changes in the market value of the Fund’s portfolio securities. Stocks are subject to market, economic, and business risks that cause their prices to fluctuate. Investors acquire shares of the Fund on a securities exchange at market value, which fluctuates according to the dynamics of supply and demand. When Fund shares are sold, they may be worth more or less than their original cost. Consequently, you can lose money by investing in the Fund.
Covered Call and Other Option Transaction Risks. There are several risks associated with writing covered calls and entering into other types of option transactions. For example, there are significant differences between the securities and options markets that could result in an imperfect correlation between these markets, resulting in a given transaction not achieving its objectives. In addition, a decision as to whether, when, and how to use covered call options involves the exercise of skill and judgment, and even a well-conceived transaction may be unsuccessful because of market behavior or unexpected events. As the writer of a covered call option, the Fund forgoes, during the option’s life, the opportunity to profit from increases in the market value of the security covering the call option above the exercise price of the call option, but has retained the risk of loss should the price of the underlying security decline.
About The GAMCO Global Gold, Natural Resources & Income Trust
The GAMCO Global Gold, Natural Resources & Income Trust is a non-diversified, closed-end management investment company with
NYSE American – GGN
CUSIP – 36465A109
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