GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) to Issue Monthly Dividend of $0.04

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) announced a monthly dividend on Wednesday, August 12th. Stockholders of record on Friday, December 11th will be paid a dividend of 0.035 per share by the investment management company on Friday, December 18th. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date is Friday, December 11th.

GAMCO Global Gold, Natural Resources & Income Trust Stock Up 0.2%

NYSEAMERICAN GGN opened at $5.36 on Thursday. The firm’s fifty day moving average price is $4.94 and its 200 day moving average price is $5.24. GAMCO Global Gold, Natural Resources & Income Trust has a 12 month low of $4.43 and a 12 month high of $5.88.

Institutional Trading of GAMCO Global Gold, Natural Resources & Income Trust

A number of large investors have recently made changes to their positions in GGN. Janney Montgomery Scott LLC grew its stake in GAMCO Global Gold, Natural Resources & Income Trust by 42.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 1,305,574 shares of the investment management company’s stock worth $6,946,000 after buying an additional 386,270 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 8.5% in the first quarter. Bank of America Corp DE now owns 1,292,854 shares of the investment management company’s stock valued at $6,878,000 after acquiring an additional 101,590 shares during the period. Sovran Advisors LLC grew its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 0.9% during the first quarter. Sovran Advisors LLC now owns 957,497 shares of the investment management company’s stock worth $5,056,000 after acquiring an additional 8,987 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 1.8% in the 1st quarter. Private Advisor Group LLC now owns 782,421 shares of the investment management company’s stock valued at $4,162,000 after acquiring an additional 13,778 shares during the period. Finally, Kestra Advisory Services LLC increased its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 1.4% in the 1st quarter. Kestra Advisory Services LLC now owns 694,016 shares of the investment management company’s stock valued at $3,692,000 after acquiring an additional 9,450 shares during the period.

About GAMCO Global Gold, Natural Resources & Income Trust

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN: GGN) is a closed-end management investment company sponsored by GAMCO Investors, Inc The trust seeks to provide current income and secondarily capital appreciation by investing primarily in equity and income?producing securities of gold, natural resource and other commodity-related issuers. Shares of GGN are traded on the NYSE American exchange, offering investors access to a diversified portfolio of companies involved in mining, energy production and related industries.

The fund’s portfolio typically includes common and preferred stocks, debt instruments, royalty interests and other income-producing securities issued by issuers engaged in exploration, extraction, processing and distribution of precious metals, energy and natural resources.