GAMCO Natural Resources, Gold & Income Trust Approves Monthly Cash Distributions for the months of January, February, and March 2021, Payable on January 22, 2021, February 19, 2021 and March 24, 2021 Respectively
November 13, 2020 at 07:55 pm IST
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GAMCO Natural Resources, Gold & Income Trust approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.03 per share for each of January, February, and March 2021. This equates to an expected total annual 2021 distribution of $0.36 per common share. Record Dates are January 14, 2021, February 11, 2021 and March 17, 2021, respectively. Payable Dates are January 22, 2021, February 19, 2021 and March 24, 2021 respectively.
Gamco Natural Resources, Gold & Income Trust is a non-diversified, closed-end management investment company. The Fundâs investment objective is to provide a high level of current income. The Fundâs secondary investment objective is to seek capital appreciation consistent with the Fundâs strategy and primary objective. Under normal market conditions, the Fund will attempt to achieve its objectives by investing 80% of its assets in equity securities of companies engaged in natural resource and gold industries, and by writing covered call options on the equity securities. The Fundâs strategy is to invest at least 80% of its assets in securities of companies engaged in the natural resources and gold industries. It is focused on investing at least 25% of its assets in the securities of companies principally engaged in the exploration, production or distribution of natural resources, such as base metals, paper, food, agriculture, others. Gabelli Funds, LLC serves as the investment advisor.
GAMCO Natural Resources, Gold & Income Trust Approves Monthly Cash Distributions for the months of January, February, and March 2021, Payable on January 22, 2021, February 19, 2021 and March 24, 2021 Respectively