Closed-end management investment company specializing in natural resources, gold, and income-oriented investments.
GAMCO Natural Resources, Gold & Income Trust operates as a closed-ended equity mutual fund under the management of Gabelli Funds, LLC, and was launched by GAMCO Investors, Inc. The fund's primary focus lies in investing across global public equity markets, with a specific emphasis on companies engaged in natural resources and gold industries. Additionally, the fund enhances its strategy by writing covered call options on the underlying equity securities, aiming to optimize income generation.
In constructing its portfolio, GAMCO Natural Resources, Gold & Income Trust employs a rigorous approach that includes evaluating recent market prices, utilizing valuation models, analyzing current analyst reports, and assessing the income or cash flow potential of issuers. This comprehensive methodology allows the fund to make informed investment decisions across various market capitalizations, spanning from large-cap to small-cap stocks within the natural resources and gold sectors.
To gauge its performance, the fund benchmarks against several key indices, including the CBOE S&P 500 Buy/Write Index, Philadelphia Gold & Silver Index, Dow Jones U.S. Basic Materials Index, and S&P Global Agribusiness Equity Index. These benchmarks provide a standard for measuring the fund's returns and performance relative to broader market trends and sector-specific indices. Since its formation on January 27, 2011, GAMCO Natural Resources, Gold & Income Trust has maintained its commitment to delivering value to investors through strategic investment choices and disciplined portfolio management practices.