Closed-End Fund Video: Gamco Natural Resources, Gold & Income Trust’s Return of Capital (ROC); A Bad Word For A Good Thing
Gabelli Funds has released an educational video in The Closed-End Corner series focusing on Return of Capital (ROC) in relation to The GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT). The video explains how ROC, often viewed negatively, can actually be beneficial for investors.
Senior Vice President David Schachter discusses how previous tax-loss carryforwards can enhance GNT's distribution through tax-free return of capital. The fund currently distributes $0.04 per month, and notably, 88% of GNT's 2023 distribution was tax-free for taxable accounts.
Gabelli Funds ha pubblicato un video educativo nella serie The Closed-End Corner incentrato sul Ritorno di Capitale (ROC) in relazione al GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT). Il video spiega come il ROC, spesso visto in modo negativo, possa invece essere vantaggioso per gli investitori.
Il Vicepresidente Senior David Schachter discute su come le precedenti perdite fiscali carryforward possano migliorare la distribuzione di GNT attraverso un ritorno di capitale esente da tassazione. Il fondo attualmente distribuisce $0,04 al mese e, cosa nota, l'88% della distribuzione del 2023 di GNT è stata esente da tassazione per i conti imponibili.
Gabelli Funds ha lanzado un video educativo en la serie The Closed-End Corner centrado en el Retorno de Capital (ROC) en relación con el GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT). El video explica cómo el ROC, a menudo visto negativamente, en realidad puede ser beneficioso para los inversores.
El Vicepresidente Senior David Schachter discute cómo las pérdidas fiscales acumuladas anteriores pueden mejorar la distribución de GNT a través del retorno de capital libre de impuestos. El fondo actualmente distribuye $0,04 al mes y, notablemente, el 88% de la distribución de GNT en 2023 fue libre de impuestos para las cuentas sujetas a impuestos.
Gabelli Funds는 GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT)와 관련된 자본 반환(ROC)에 중점을 둔 The Closed-End Corner 시리즈의 교육 영상을 발표했습니다. 이 영상은 일반적으로 부정적으로 인식되는 ROC가 실제로 투자자에게 유익할 수 있음을 설명합니다.
수석 부사장 David Schachter는 이전 세금 손실 이월이 GNT의 분배를 세금이 면제된 자본 반환을 통해 어떻게 향상시킬 수 있는지에 대해 논의합니다. 현재 이 펀드는 $0.04 매달 배포하고 있으며, 특히 2023년 GNT의 분배금 88%는 과세 계좌에 대해 세금이 면제되었습니다.
Gabelli Funds a publié une vidéo éducative dans la série The Closed-End Corner, centrée sur le Retour de Capital (ROC) en relation avec le GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT). La vidéo explique comment le ROC, souvent perçu négativement, peut en réalité être bénéfique pour les investisseurs.
Le Vice-Président Senior David Schachter discute de la manière dont les pertes fiscales antérieures peuvent améliorer la distribution de GNT grâce à un retour de capital exonéré d'impôt. Le fonds distribue actuellement $0,04 par mois et, il est à noter que 88 % de la distribution 2023 de GNT était exonérée d'impôt pour les comptes imposables.
Gabelli Funds hat ein Lehrvideo in der Reihe The Closed-End Corner veröffentlicht, das sich auf die Rückzahlung von Kapital (ROC) im Zusammenhang mit dem GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT) konzentriert. Das Video erklärt, wie ROC, oft negativ gesehen, für Investoren tatsächlich vorteilhaft sein kann.
Senior Vice President David Schachter diskutiert, wie frühere Steuerverluste, die vorgetragen werden, die Ausschüttung von GNT durch steuerfreie Rückzahlung von Kapital verbessern können. Der Fonds verteilt derzeit $0,04 pro Monat, und bemerkenswerterweise waren 88% der Ausschüttung von GNT im Jahr 2023 steuerfrei für steuerpflichtige Konten.
- 88% tax-free distribution for taxable accounts in 2023
- Stable monthly distribution of $0.04 per share
- Tax-loss carryforwards enhance distribution efficiency
- None.
RYE, N.Y., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds is pleased to present another educational video in The Closed-End Corner, this time examining one of the most contentious issues in Closed-End Funds, Return of Capital, often referred to as “ROC” …and why it might be A Bad Word For A Good Thing for The GAMCO Natural Resources, Gold & Income Trust. (ticker symbol GNT on the NYSE).
https://youtu.be/bHpN7H6m5nQ?si=sPzuwfA7Bl78CALw
“Every adversity, every failure, every heartache carries with it the seed on an equal or greater benefit,” wrote Napoleon Hill, author of the seminal book Think and Grow Rich back in 1937.
David Schachter, Sr. Vice President of the Fund explains the relevance of this quote and points out previous tax-loss carryforwards can benefit the GNT’s distribution as being enhanced by a tax-free return of capital (ROC).
The GAMCO Natural Resources, Gold & Income Trust currently pays
Last year, in 2023 GNT’s distribution was
About The GAMCO Natural Resources, Gold & Income Trust
The GAMCO Natural Resources, Gold & Income Trust is a diversified, closed-end management investment company with
NYSE – GNT
CUSIP – 36465E101
For more information, please visit Gabelli.com. Follow us on our social media channels: You Tube, Facebook, Instagram, Twitter and LinkedIn.
About The Closed-End Corner.
Other Closed-End Fund videos available on Gabelli TV on You Tube include:
Back To The Future With Closed-End Funds and Short-Term Value Extraction vs. Long-Term Value Creation.
About GAMCO Investors, Inc.
GAMI is known for its research-driven value approach to equity investing (known as PMV with a Catalyst™). GAMI conducts its investment advisory business principally through two subsidiaries: Gabelli Funds, LLC (24 open-end funds, 14 closed-end funds, 5 actively managed semi-transparent ETFs, and a SICAV) and GAMCO Asset Management Inc. (approximately 1,400 institutional and private wealth separate accounts, principally in the U.S.). GAMI serves a broad client base including institutions, intermediaries, offshore investors, private wealth, and direct retail investors. In recent years, GAMI has successfully integrated new teams of RIAs by providing attractive compensation arrangements and extensive research capabilities.
Gabelli Funds offers a wide range of solutions for clients across Value and Growth Equity, SRI, Convertibles, sector-focused strategies including Gold and Utilities, Merger Arbitrage, and 100 % U.S. Treasury Money Market Funds.
Investor Relations Contact:
David Schachter
(914) 921-5057
dschachter@gabelli.com
A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/785d66f1-aa0e-423e-89dd-1d3c9ecc06d2
FAQ
What is the current monthly distribution of GAMCO Natural Resources Gold & Income Trust (GNT)?
What percentage of GNT's 2023 distribution was tax-free?
How does Return of Capital (ROC) benefit GNT shareholders?
