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 (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 350 | $1,851.5 | $2,882.25 | $1,030.75 | 55.67% |
 Jeff Ameen Spire Wealth Management | 5,428 | $29,738.35 | $44,781 | $15,042.65 | 50.58% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 1,600 | $13,536 | $13,184 | -$352 | -2.6% |
| PIL PFG Investments LLC PFG Investments LLC | 40,202 | $213,618.03 | $330,058.42 | $116,440.39 | 54.51% |
 Nemes Rush Group LLC Nemes Rush Group LLC | 3,738 | $19,921.45 | $30,688.98 | $10,767.53 | 54.05% |
