GAMCO Global Gold Natural Resources & Income Trust

Chart & Performance

D1W1MN

Profile

GAMCO Global Gold, Natural Resources & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities. It also invests in equity securities of companies principally engaged in the exploration, production, or distribution of natural resources, such as gas and oil, paper, food and agriculture, forestry products, metals, and minerals as well as related transportation companies and equipment manufacturers. The fund makes its investments using call options. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index, Philadelphia Gold & Silver Index, Energy Select Sector Index, and Barclays Government/Credit Bond Index. The fund was formerly known as GAMCO Global Gold, Natural Resources & Income Trust by Gabelli. GAMCO Global Gold, Natural Resources & Income Trust was formed on January 4, 2005 and is domiciled in United States.

URL

IPO date

Mar 29, 2005

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	79,227 42.18%	55,723 25.12%	44,537 49.18%
Cost of revenue	9,083	9,059	9,533
Unusual Expense (Income)
NOPBT	70,144	46,665	35,004
NOPBT Margin	88.54%	83.74%	78.59%
Operating Taxes		13,677	12,610
Tax Rate		29.31%	36.02%
NOPAT	70,144	32,988	22,394
Net income	74,783 37.78%	54,276 26.34%	42,960 53.23%
Dividends
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current
Long-term debt			19
Deferred revenue
Other long-term liabilities		2,837	(19)
Net debt	(704,757)	(702,446)	(714,164)
Cash flow
Cash from operating activities
CAPEX
Cash from investing activities
Cash from financing activities
FCF	70,144	32,988	26,545
Balance
Cash	3	412	32
Long term investments	704,754	702,034	714,150
Excess cash	700,795	699,660	711,955
Stockholders' equity	696,103	137,564	104,954
Invested Capital	23,444	588,015	621,797
ROIC	22.94%	5.45%	3.43%
ROCE	9.75%	6.43%	4.82%
EV
Common stock shares outstanding	154,158	154,158	154,158
Price	22.33 0.09%	22.31 -11.96%	25.34 -0.82%
Market cap	3,442,355 0.09%	3,439,272 -11.96%	3,906,356 9.62%
EV	2,821,085	2,822,237	3,278,690
EBITDA	70,144	46,665	35,004
EV/EBITDA	40.22	60.48	93.67
Interest	5	2	395
Interest/NOPBT	0.01%	0.00%	0.00%