GAMCO Natural Resources, Gold & Income Trust (GNT)
NYSE NYSE Primary Summary
GNT Chart
GNT: 6.5% Yield And A2 Credit Rating From Its Preferred Stock
GAMCO Natural Resources, Gold & Income Trust currently trades at a 3.2% premium to NAV, near its 5-year highs, making entry unattractive. GNT's historical average discount is about 12%; a more compelling entry would be at an 8–12% discount, not the current premium. The fund offers an 8.7% dividend yield, but its sector concentration in metals, mining, and energy increases risk without sufficient compensation at current valuation.
GNT: Fundamentals For Gold Remain Strong, But This Fund Sacrifices Some Upside
The GAMCO Natural Resources, Gold & Income Trust (GNT) offers an 8.18% yield via a covered call strategy on a diversified natural resources and gold equities portfolio. GNT's income focus sacrifices some upside in strong bull markets, but recent performance outpaced both gold and the S&P 500 due to energy sector exposure. Central bank gold accumulation and fiscal concerns in developed markets underpin a bullish long-term thesis for precious metals and related equities.
GAMCO Natural Resources, Gold & Income Trust Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 148,464 | $1.21M | $1.28M | $71,264.32 | 5.89% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 350 | $1,851.5 | $3,115 | $1,263.5 | 68.24% |
 Jeff Ameen Spire Wealth Management | 5,545 | $30,728.17 | $44,803.6 | $14,075.43 | 45.81% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 1,600 | $13,536 | $12,928 | -$608 | -4.49% |
 Rachel Faulk Cape Investment Advisory Inc. | 250 | $2,038 | $2,087.5 | $49.5 | 2.43% |
