NYSE: GGN

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• GAMCO Global Gold, Natural Resources & Income Trust (NYSE: GGN)
• Yield: 8.96%
• Shares for $15,000: 3,685
• Total monthly dividend income:~$112.00

Mutual funds that specialize in particular sectors are often a no-fuss, diversified, low-entry price way to invest in real estate, precious metals, and other asset classes that would otherwise be cost prohibitive to engage in. The GAMCO Global Gold, Natural Resources & Income Trust is a way to invest into the global marketplace of public companies involved with the exploration, mining, processing, and distribution of gold, precious metals, minerals, and energy resources. Managed by Gabelli Funds, LLC, the fund’s portfolio as of the start of 2024 was 50.37% Non-US stocks, 33.5% US stocks, 3.27% in fixed income, with the remainder in cash. Strategically, the fund utilizes option writing and trading to augment returns.The fund’s three largest individual holdings are: Exxon Mobil (NYSE: XON) – 4.96%, Newmont Corp (NYSE: NEM) – 4.66%, Northern Star Resources, Ltd. (OTC: NESRF) – 3.82%.