Core Points - The GAMCO Natural Resources, Gold & Income Trust has increased its annual distribution by 20% to $0.72 per share, with monthly payments of $0.06 starting January 2026, reflecting a year-to-date NAV total return of 37% [1] - The Board of Trustees has approved monthly cash distributions of $0.06 per share for January, February, and March 2026, indicating potential distributions may exceed the Fund's earnings, primarily constituting a return of capital for tax purposes in 2025 [2] - The Fund's distribution schedule includes specific record and payable dates for each month, with the Board reviewing potential distributions quarterly based on net asset value and market conditions [3] Distribution Details - The distribution per share for January, February, and March 2026 is set at $0.06, with record dates on January 15, February 12, and March 17, and payable dates on January 23, February 20, and March 24 respectively [3] - The Board will continue to monitor the distribution level, which should not be interpreted as the dividend yield or total return on investment [3] Fund Overview - The GAMCO Natural Resources, Gold & Income Trust is a diversified, closed-end management investment company with total net assets of $156 million, focusing on providing high current income through investments in equity securities of gold and natural resources companies [9] - The Fund employs a strategy of writing covered call options on its portfolio securities to generate income [9]
GAMCO Natural Resources, Gold & Income Trust Increases Monthly Distribution 20%
Globenewswireยท2025-11-12 20:29