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GGT-P-G

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

Analysis and statistics

  • Open
    22.2823$
  • Previous Close
    22.2823$
  • 52 Week Change
    2.54$
  • Day Range
    0.00$
  • 52 Week High/Low
    21.93$ - 24.47$
  • Dividend Per Share
    --
  • Market cap
    0$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GGT-P-G.US represents preferred shares issued by Gabelli Global Utility & Income Trust (GGT), a closed-end management investment company. These preferred shares, often designated with a suffix indicating their specific series, offer investors a fixed income stream in the form of regular dividend payments, typically at a pre-determined rate. Holders of these preferred shares have a higher claim on the company's assets and earnings compared to common stockholders but are subordinate to the company's debt holders. The "P-G" likely denotes a particular series or class of preferred shares with specific characteristics detailed in the share's offering prospectus, such as the dividend rate, redemption terms, and liquidation preferences.
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Factors

Industry Trends: Positive or negative trends in the gold mining industry can influence investor sentiment toward GGT-P-G.US.

Gold Prices: As a gold mining company, its stock price is highly sensitive to fluctuations in the price of gold.

Company Performance: GGT-P-G.US's production levels, costs, and profitability directly affect investor confidence.

Exploration Success: Discoveries of new gold reserves positively impact its stock price.

Economic Conditions: Global economic health and inflation expectations influence gold's safe-haven appeal and GGT-P-G.US's stock.

Interest Rates: Higher interest rates can make gold less attractive, potentially affecting GGT-P-G.US.

Political Stability: Political risks in regions where GGT-P-G.US operates can create uncertainty and affect the stock.

Currency Fluctuations: Changes in currency exchange rates, especially against the US dollar, impact the company's earnings and stock value.

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