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Home > Gabelli Closed-End Funds > GAMCO Natural Res, Gold & Inc. Objective
Objective Fund Details Price & Performance Distribution & Tax Info GAMCO Natural Resources, Gold & Income Trust by Gabelli Printable Factsheet |
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Objective
The Fund’s primary investment objective is to provide a high level of current income from interest, dividends and option premiums. The Fund’s secondary investment objective is to seek capital appreciation consistent with the Fund’s strategy and its primary objective. Under normal market conditions, the Fund will attempt to achieve its objectives by investing at least 80% of its assets in securities of companies principally engaged in the natural resources and gold industries. As part of its investment strategy, the Fund intends to generate current income from short-term gains through an option strategy of writing (selling) covered call options of the equity securities assets in its portfolio.
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