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GGN’s 6.4% monthly yield hides a critical tax trap retirees should know

GAMCO Global Gold, Natural Resources & Income Trust (GGN) — Delivers 6.5% yield through dividends and covered call premiums from gold and energy holdings. The fund’s distribution depends heavily on ...
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GGN’s 6.5% yield hides a costly secret for income investors

GAMCO Global Gold, Natural Resources & Income Trust (GGN) yields 6.5% but distributions are primarily return of capital, not earned income. GGN cut its monthly payout 79% from $0.14 to $0.03, proving ...