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]

Core Points - GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT) has authorized a 25% increase in its monthly cash distribution to $0.05 per share from $0.04 per share, effective October 2025, reflecting a strong NAV total return of 28% year to date [1] Company Overview - GAMCO Natural Resources, Gold & Income Trust is a diversified, closed-end management investment company with total net assets of $148 million, primarily focused on providing a high level of current income [4] - The Fund primarily invests in equity securities of gold and natural resources companies and employs a strategy of writing covered call options on its portfolio securities to generate income [4] - The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. [4]

Core Viewpoint - GAMCO Natural Resources, Gold & Income Trust is exploring a tax benefit preservation plan to protect its capital loss carryforwards, which currently exceed $74 million, from potential impairment due to ownership changes [1][2][3]. Group 1: Tax Benefit Preservation Plan - The proposed plan aims to mitigate the risk of substantial impairment to the Fund's capital loss carryforwards (CLCFs) that could arise from an "ownership change" as defined by Section 382 of the Internal Revenue Code [3]. - An "ownership change" occurs if the Fund's "5% stockholders" increase their ownership by more than 50 percentage points over a rolling three-year period, which would limit the Fund's ability to utilize its CLCFs [3]. - The plan would discourage shareholders from accumulating beneficial ownership of 4.9% or more without Board approval, thereby protecting the Fund's tax benefits [4]. Group 2: Implementation Details - If adopted, the Fund would implement the tax benefit preservation plan by issuing rights to common shareholders, which would become exercisable if certain ownership thresholds are exceeded [5]. - The final terms of the plan will be determined by the Board and announced publicly upon adoption, although there is no guarantee that the plan will be adopted or effective in preventing an ownership change [6]. Group 3: Fund Overview - GAMCO Natural Resources, Gold & Income Trust is a diversified, closed-end management investment company with total net assets of $146 million, primarily investing in equity securities of gold and natural resources companies [9]. - The Fund's primary investment objective is to provide a high level of current income, primarily through writing covered call options on its portfolio securities [9].