GGN:NYE-GAMCO Global (USD)

FUND | Communication Equipment |

Last Closing

USD 3.83

Change

+0.01 (+0.26)%

Market Cap

USD 0.14B

Volume

0.31M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-24 )

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ETFs Containing GGN

N/A

Market Performance

  Market Performance vs. Industry/Classification (Communication Equipment) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.86% 18% F 45% F
Dividend Return 9.57% 100% F 93% A
Total Return 11.44% 18% F 56% F
Trailing 12 Months  
Capital Gain 1.32% 18% F 44% F
Dividend Return 9.52% 100% F 91% A-
Total Return 10.85% 18% F 57% F
Trailing 5 Years  
Capital Gain -12.36% 11% F 35% F
Dividend Return 44.62% 100% F 95% A
Total Return 32.27% 11% F 58% F
Average Annual (5 Year Horizon)  
Capital Gain 3.76% 27% F 46% F
Dividend Return 12.45% 45% F 65% D
Total Return 8.69% 100% F 95% A
Risk Return Profile  
Volatility (Standard Deviation) 12.31% 100% F 74% C
Risk Adjusted Return 101.15% 91% A- 96% N/A
Market Capitalization 0.14B 57% F 32% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.