GAMCO Natural Resources, Gold & Income Trust (GNT)
NYSE NYSE Primary Summary
GNT Chart
GNT And GNT.PR.A: Balancing Yield, Security, And Interest Rate Risk
GAMCO Natural Resources Gold & Income Trust offers exposure to metals, mining, and energy with a 13% leverage ratio and 8.42% dividend yield. GNT common shares trade at a 1.27% discount to NAV, near fair value, lacking a significant margin of safety. GNT.PR.A preferred shares provide strong credit security, a 7.16% yield, and 650% asset coverage, with price declines driven by rising Treasury yields, not credit risk.
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 | $1.24M | $26,725.12 | 2.21% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 350 | $1,851.5 | $2,915.5 | $1,064 | 57.47% |
| LW Landry Watson AVANTAX ADVISORY SERVICES Inc. | 11,010 | $45,587.22 | $93,805.2 | $48,217.98 | 105.77% |
 Jeff Ameen Spire Wealth Management | 5,545 | $30,728.17 | $47,243.4 | $16,515.23 | 53.75% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 1,600 | $13,536 | $13,328 | -$208 | -1.54% |
GAMCO Natural Resources, Gold & Income Trust (GNT) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has GAMCO Natural Resources, Gold & Income Trust ever had a stock split?
