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GGN / GGN: This High Yield CEF Is A Safe Bet In Current Economic Scenario

GGN: This High Yield CEF Is A Safe Bet In Current Economic Scenario
Despite gradually decreasing its pay-out by almost 79 percent, GGN has recorded an average yield of almost 13 percent over the past 10 years. GGN's investments are in commodities (gold, mining, energy), which tend to rise alongside inflation, and are considered safer bets during recession. Read More
Posted: Jun 23 2022, 06:52
Author Name: Seeking Alpha
Views: 102672

GGN News  

GGN: Buy, Moderate Growth Is In The Wings

By Seeking Alpha
October 22, 2023

GGN: Buy, Moderate Growth Is In The Wings

GAMCO Global Gold's model places it in a unique position for future growth. The growth will likely be moderated by its practice of heavily selling cov more_horizontal

GGN: Reasonable Discount Available On This High-Yielding CEF Makes It Appealing

By Seeking Alpha
August 10, 2023

GGN: Reasonable Discount Available On This High-Yielding CEF Makes It Appealing

GAMCO Global Gold, Natural Resources & Income Trust uses a covered call strategy with high turnover and a cash component of over 17%. The GGN closed-e more_horizontal

GGN: Compelling Dividend Yield But No Growth Despite Bullish Gold

By Seeking Alpha
April 16, 2023

GGN: Compelling Dividend Yield But No Growth Despite Bullish Gold

GGN: Compelling Dividend Yield But No Growth Despite Bullish Gold more_horizontal

Hedging Or Not With GGN

By Seeking Alpha
July 14, 2022

Hedging Or Not With GGN

Distribution remains constant at $0.03 per month with GAMCO. Price swings seem tied with NAV swings. more_horizontal

GGN: This High Yield CEF Is A Safe Bet In Current Economic Scenario

By Seeking Alpha
June 23, 2022

GGN: This High Yield CEF Is A Safe Bet In Current Economic Scenario

Despite gradually decreasing its pay-out by almost 79 percent, GGN has recorded an average yield of almost 13 percent over the past 10 years. GGN's in more_horizontal

GGN: Compelling 9.6% Yield, But Strategy Leaves A Lot To Be Desired

By Seeking Alpha
February 3, 2022

GGN: Compelling 9.6% Yield, But Strategy Leaves A Lot To Be Desired

GGN invests across both energy sector and mining stocks with a focus on gold producers. The fund has benefited from the strong momentum in oil prices more_horizontal

GGN: Compelling 9.6% Yield, But Strategy Leaves A Lot To Be Desired

By Seeking Alpha
February 3, 2022

GGN: Compelling 9.6% Yield, But Strategy Leaves A Lot To Be Desired

GGN invests across both energy sector and mining stocks with a focus on gold producers. The fund has benefited from the strong momentum in oil prices more_horizontal

GGN: Compelling 9.6% Yield, But Strategy Leaves A Lot To Be Desired

By Seeking Alpha
February 3, 2022

GGN: Compelling 9.6% Yield, But Strategy Leaves A Lot To Be Desired

GGN invests across both energy sector and mining stocks with a focus on gold producers. The fund has benefited from the strong momentum in oil prices more_horizontal


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