Gamco Global Gold, Natural Resources & Income Trust Reports Earnings Results for the Full Year Ended December 31, 2018
March 07, 2019 at 02:58 pm
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GAMCO Global Gold, Natural Resources & Income Trust announced earnings results for the full year ended December 31, 2018. For the full year, the company announced total revenue was USD 18.120 million compared to USD 18.120 million a year ago. Net loss was USD 89.535 million compared to USD 89.535 million a year ago.
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.
GAMCO GLOBAL GOLD, NATURAL RESOURCES & INCOME TRUST 