GAMCO Glb Gold Natural Res&Inc Common

The Company primarily seeks to provide a high level of current income. The Funds secondary investment objective is to seek capital appreciation consistent with the Funds strategy and its primary objective. The Fund will attempt to achieve its objective by investing at least 80% of its assets in equity securities of companies principally engaged in gold industry and natural resources industries. As part of its investment strategy, the Fund intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio, but may, in amounts up to 15% of the Funds assets, consist of writing uncovered call options on indices comprised of Gold Companies or Natural Resources Companies or exchange traded funds comprised of such issuers and put options on securities in its portfolio. The Fund will invest at least 25% of its assets in the equity securities of companies principally engaged in the exploration, mining, fabrication, processing, distribution or trading of gold or the financing, managing, controlling or operating of companies engaged in gold-related activities. Additionally the Fund will also invest at least 25% of its assets in the equity securities of companies principally engaged in the exploration, production or distribution of natural resources, such as gas, oil, paper, food and agriculture, forestry products, metals and minerals as well as related transportation companies and equipment manufacturers.

Key stats

Management firm  Gabelli
Domicile  United States
Fund Administrator  Gabelli Funds Inc
Global Branding Name  Gabelli
Fund currency  USD
Launch Date  2005-03-29
ISIN  US36465A1097
SEDOL  B06WPT3
Manager 1 Name  Barbara Marcin
Manager 2 Name  Caesar Bryan
Fund Strategy  Natural Resources
Benchmark  S&P 500 TR USD
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  -11.38%
Return - 2 Months  -9.61 %
Return - 3 Months  -10.20%
Return - 6 Months  -2.74 %
Return - 9 months  2.08 %
Return - 12 Months  -0.26%
Annualized return 24 months  -8.06 %
Annualized return 36 months  -1.79 %
Annualized return 48 months  -3.45 %
Annualized return 60 months  1.71 %
Annualized return since Inception  2.56%
Return YTD  2.08%

Ratings

Morning Star Rating Date   2014-09-30
Morning Star Rating - 36 Months  fund has a 1 star rating
Morning Star Rating - Overall  fund has a 1 star rating

Charges

Maximum Managment Charge  1.00 %

Contact

Contact name  Andrew Weisgall
Contact Address  Gabelli
Contact Address 2  1 Corporate Center
Contact Address 3  Rye,NY
Contact city  Rye
Contact country  United States
Fund Admin Group  Gabelli
Custodian  Mellon Securities Trust
Phone  914-921-5135

Price

Last Price Date  2014-10-17
Pre-tax nav  8.93
Price change  $0.11
Price change (percentage)  1.25 %

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information