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GAMCO Global Gold Natural Resources&Inc:GGN

Overview

As of 4/29/2025

 Share
Price		NAVPremium/
Discount
Current$4.23$4.34-2.53%
52 Wk Avg$4.14$4.15-0.31%
52 Wk High$4.48$4.393.95%
52 Wk Low$3.68$3.82-3.03%
Regular Distribution Type†Managed Distribution
Distribution Rate8.51%
Distribution Amount$0.0300
Distribution FrequencyMonthly
Past performance is no guarantee of future results.

Basic Information

Investment Objective

The Fund’s 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 primary objective. the Fund will attempt to achieve its objectives by investing 80% of its assets in equity securities of companies principally engaged in the gold and natural resource industries, and by writing covered call options on the underlying equity securities.

Capital Structure

As of 4/29/2025

Total Investment Exposure:$749.540M
Total Common Assets:$670.194M
Common Shares Outstanding:154,422,564
Leverage

As of 4/29/2025

Preferred Share Assets: $79.346M
Total Debt (USD):
Regulatory Leverage (USD): $79.346M
Effective Leverage (USD): $79.346M
Effective Leverage (%): 10.59%
Annual Expense Ratios

As of 12/31/2024

  Per Common Share
Management Fees1.00%
Other Expenses:0.33%
Baseline Expense: N/A
Interest Expense:0.00%
Total: 1.33%
Fund Management

Fund Sponsor
Gabelli

Portfolio Managers
Caesar M.P. Bryan, Vincent Hugonnard-Roche

Basics
Category: Equity-Sector Equity
Ticker: GGN
NAV Ticker: XGGNX
Average Daily Volume (shares): 486,393
Average Daily Volume (USD): $2.007M
Inception Date: 3/29/2005
Inception Share Price: $20.00
Inception NAV: $19.06
Tender Offer: No
Term: No
Fiscal Year End: December 31
Third Party Links & Reports

Distributions

As of 4/29/2025

Past performance is no guarantee of future results.
Distribution History

Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

to
Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

*Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

Key Information Regarding Distributions†
Avg. Earnings Per Share:
As of 12/31/2024		 $0.0300
Annualized Distribution Rate on NAV:
As of 4/29/2025		8.29%
Total Return on NAV (12 months):
As of 4/29/2025		19.15%
Avg. Portfolio Coupon:
As of 4/29/2025		 6.12%
Total % Portfolio Effectively Leveraged:
As of 4/29/2025 		10.59%

Pricing Information

Premium/Discount Information
Past performance is no guarantee of future results.
Premium/Discount Information

As of 4/30/2025

PeriodAvg Discount
6 Month-0.79%
1 Year-0.31%
3 Year-2.57%
5 Year-4.53%
Z-Score

As of 4/29/2025

PeriodZStat
3 Month-1.41
6 Month-1.30
1 Year-1.56
Pricing History
 from  
Date NAV Premium / Discount

Performance

Calendar Year Total Returns

As of 3/31/2025
Category: Morningstar US CEF Sector Equity

Past 20 Years

Return YearPriceNAVCategory - PriceCategory - NAV
YTD18.44%15.35%4.41%3.25%
20249.68%6.59%28.60%12.57%
202314.06%12.42%4.81%6.23%
20226.86%8.87%-10.73%-7.15%
202117.44%6.69%22.39%17.58%
2020-8.33%5.55%5.15%5.71%
201936.97%18.80%26.64%22.38%
2018-19.43%-13.54%-12.35%-9.96%
20179.70%7.06%18.18%12.88%
201629.37%22.67%17.45%14.67%
2015-22.26%-17.59%-15.98%-12.75%
2014-12.99%-17.25%5.16%4.65%
2013-19.64%-14.62%16.34%17.44%
20121.83%1.36%  
2011-19.10%-11.00%  
201030.63%27.17%  
200940.35%74.47%  
2008-51.27%-61.60%  
200727.73%31.72%  
200621.95%18.20%  
Past performance is no guarantee of future results.
Annualized Total Returns

Returns for periods less than one year are cumulative rather than annualized

As of 3/31/2025
Category: Morningstar US CEF Sector Equity

Past performance is no guarantee of future results.

Portfolio Characteristics

Portfolio Characteristics
Average Coupon:
As of 4/29/2025		6.12%
Number of Holdings:
As of 12/31/2024		82
Annual Portfolio Turnover:
As of 12/31/2024		86.00%
Asset Allocation

As of 12/31/2024

Top Sectors

As of 12/31/2024

Sector%Portfolio
Basic Materials52.22%
Cyclical (Super Sector)52.22%
Energy34.02%
Sensitive (Super Sector)34.02%
Government12.50%
Government (Super Sector)12.50%
Corporate (Super Sector)3.14%
Corporate Bond2.84%
Convertible0.31%
Cash Equivalents-0.23%
Top Holdings

As of 12/31/2024

HoldingValue% Portfolio
Exxon Mobil Corp$39.28M5.81%
Newmont Corp$28.72M4.25%
United States Treasury Bills 4.55861%$28.71M4.25%
Northern Star Resources Ltd$23.94M3.54%
Chevron Corp$23.05M3.41%
Kinross Gold Corp$22.51M3.33%
United States Treasury Bills 4.27057%$21.07M3.12%
Freeport-McMoRan Inc$19.66M2.91%
Wheaton Precious Metals Corp$19.34M2.86%
Rio Tinto PLC ADR$19.05M2.82%
Credit Quality

As of 12/31/2024

Maturity Breakdown

As of 12/31/2024

Country Allocation

As of 12/31/2024

Country% Portfolio
United States - Equity37.16%
Canada - Equity25.38%
Australia - Equity11.71%
United Kingdom - Equity8.14%
France - Equity1.65%
South Africa - Equity1.31%
United States - Fixed Income1.17%
Canada - Fixed Income1.08%
Australia - Fixed Income0.80%
Italy - Equity0.54%
Switzerland - Equity0.36%
South Africa - Fixed Income0.30%

CEFConnect.com makes data for the universe of closed-end funds available as a courtesy to its users. This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell, or hold a security or an investment strategy, and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on an investor's objectives and circumstances and in consultation with his or her financial professional.

NOTES:

† Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds 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. Shares of closed-end funds 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 frequently trade at a discount to their net asset value.

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