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Stock impact report

Gamco Global Gold Preferred Gives You 6% Yield With A Favorable Risk-Return Ratio [Seeking Alpha]

GAMCO Global Gold, Natural Resources & Income Trust (GGN) 
NASDAQ:AMEX Investor Relations: gabelli.com/funds/products/-116.html
Company Research Source: Seeking Alpha
GGN maintains a low leverage ratio near 8%, a 1.31% expense ratio, and an 'A2' Moody's credit rating, reflecting portfolio liquidity and prudent risk. The fund's 5-year annualized NAV return is approximately 15%, with a 6.96% TTM dividend yield and a history of consistent payouts. GGN.PR.B preferred shares, callable anytime, trade below par and offer a 5.00% cumulative yield with 'A2' credit protection under the Investment Company Act of 1940. Looking for a portfolio of ideas like this one? Members of Trade With Beta get exclusive access to our subscriber-only portfolios. Learn More » Daniel Grizelj/DigitalVision via Getty Images In the following lines, we will look at one of the preferred stocks in the CEF sector, which has one of the most favorable risk-return ratios. We talk about GAMCO Global Gold, Natural Resources & Income Trust ( More on my IG service Trade With Beta At Trade With Beta, we discuss ideas like this as they happen in more detail. All active inve Show less Read more
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