GGN Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
Nov 6 at 4:00 PM ET (Korea 11/7 06:00)
Full metrics table
갬코 글로벌 골드 내추럴 리소시스 앤 인컴 트러스트GGN | AMEX | Equity fund 💰 Gamco Global Gold Natural Resources Income Trust (GGN) is a closed-end fund (CEF) that invests in gold and natural resource company stocks and generates income through the sale of covered call options, providing monthly distributions as an income-oriented product.
It runs 8% of assets on borrowed money.
Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.
Against the value of what the fund holds it is 9.6% cheaper.
Its holdings are worth $5.73 per share, but it trades at $5.18. That is close to its past-year average (7.9% below value).
Over the past 1 year, roughly in the middle
12% below its 1-year high.
Traded less than usual. That is 51% of its average volume.
Ex-dividend date: November 13
6 days to go. Buy before this date to receive the dividend.
Holding long would have paid off
Bought 5 years ago, your return today would be +32.6%. The S&P 500 did +57% over the same period.
Tap to view numbers
Dividends are paid consistently
Pays 7.02% annually in dividends.
Tap to view numbers
Ownership is about average
Institutions hold 18.1%.
Tap to view numbers
It ranks #516 of 1436 in the industry
Based on market cap of $812M.
SMBK#514 SmartFinancial Inc $816M PER 13.0 
PGC#515 Peapack-Gladstone Financial Corp $814M PER 13.9 GGN#516 GAMCO Global Gold Natural Resources & Income Trust $812M PER - 
IBCP#517 Independent Bank Corp (Ionia, MI) $802M PER 10.7 
SPFI#518 South Plains Financial Inc $800M PER 11.3 
FAQ
What kind of CEF is GGN?
GGN is a closed-end fund (CEF).
What is the distribution yield of GGN?
GGN's distribution yield is approximately 7.02%, paid out on a regular basis.
What is the 52-week high and low for GGN?
GGN has recorded a 52-week high of $5.88 and a low of $4.69.
