Gamco Natural Resources, Gold & Income Trust Declares Distributions for the Month of July , August and September 2024, Payable on July 24, 2024, August 23, 2024 and September 23, 2024 Respectively
May 16, 2024 at 08:57 am
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The Board of Trustees of GAMCO Natural Resources, Gold & Income Trust approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.03 per share for each of April, May, and June 2024. Based on current dynamics, the Fund may make distributions in excess of the Fund?s earnings.
It is currently expected that distributions to common shareholders in 2024 will primarily constitute a return of capital for tax purposes. Record Date: July 17, 2024, August 16, 2024 and September 16, 2024. Payable Date: July 24, 2024, August 23, 2024 and September 23, 2024 .
Gamco Natural Resources, Gold & Income Trust is a non-diversified, closed-end management investment company. The Fundâs investment objective is to provide a high level of current income. The Fundâs secondary investment objective is to seek capital appreciation consistent with the Fundâs strategy and primary objective. Under normal market conditions, the Fund will attempt to achieve its objectives by investing 80% of its assets in equity securities of companies engaged in natural resource and gold industries, and by writing covered call options on the equity securities. The Fundâs strategy is to invest at least 80% of its assets in securities of companies engaged in the natural resources and gold industries. It is focused on investing at least 25% of its assets in the securities of companies principally engaged in the exploration, production or distribution of natural resources, such as base metals, paper, food, agriculture, others. Gabelli Funds, LLC serves as the investment advisor.
Gamco Natural Resources, Gold & Income Trust Declares Distributions for the Month of July , August and September 2024, Payable on July 24, 2024, August 23, 2024 and September 23, 2024 Respectively