GGN's 6.5% Yield Hides a Costly Secret for Income Investors

GAMCO Global Gold, Natural Resources & Income Trust (NYSE:GGN) pays a monthly distribution and yields about 6.5% annualized at a recent share price of $5.51. The note is mainly a factual yield update, with no new operational or strategic catalyst. Market impact is likely minimal.

Analysis

GAMCO Global Gold, Natural Resources & Income Trust (NYSE:GGN) pays a monthly distribution and yields about 6.5% annualized at a recent share price of $5.51. The note is mainly a factual yield update, with no new operational or strategic catalyst. Market impact is likely minimal.