GAMCO Natural Resources Trust offers 8.18% yield with gold and energy exposure, trading slightly above NAV.

The GAMCO Natural Resources, Gold & Income Trust (GNT) provides an 8.18% yield through a covered call strategy on a diversified portfolio of natural resources and gold equities. While its income focus limits gains in strong bull markets, GNT recently outperformed both gold and the S&P 500 due to its energy sector holdings. Long-term bullish factors include central bank gold buying and fiscal concerns in developed markets. Currently, GNT trades at a 0.91% premium to its net asset value, suggesting investors might wait before increasing positions.