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GGN

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    4.5375$
  • Previous Close
    4.5924$
  • 52 Week Change
    --
  • Day Range
    -0.05$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GGN.US represents GAMCO Global Gold, Natural Resources & Income Trust. It is a closed-end fund traded on the New York Stock Exchange (NYSE). The fund's investment objective is to seek to achieve current income and gains, with a secondary objective of long-term capital appreciation, by investing primarily in companies engaged in the gold, natural resources, and income-producing securities sectors. The fund invests both domestically and internationally.
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Factors

Fund Performance: Positive performance typically attracts investors, driving up demand and price.

Market Conditions: Broad market uptrends or downturns influence investor sentiment and GGN's price.

Interest Rates: Rising rates can make fixed-income investments less attractive, potentially lowering GGN's price.

Credit Spreads: Widening spreads suggest increased risk aversion, which may negatively affect GGN's price.

Fund Flows: Inflows increase demand, pushing prices higher; outflows decrease demand and lower prices.

Dividend Yield: A higher dividend yield may attract investors, increasing demand and potentially the price.

News & Events: Significant economic or political events can impact investor confidence and GGN's price.

Management Decisions: Strategic decisions by the fund manager can influence the fund's perceived value.

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