Investment
Features
FeesSafety
Academy
More
Pluang+

GAMCO Gold & Income Trust preferred shares offer 7.16% yield with strong credit security amid rising rates.

Market News
09 Oct 2026
Seeking Alpha
View Source
Neutral
GAMCO Gold & Income Trust preferred shares offer 7.16% yield with strong credit security amid rising rates.

GAMCO Natural Resources Gold & Income Trust (GNT) provides exposure to metals, mining, and energy sectors with a 13% leverage and an 8.42% dividend yield on common shares, which trade near fair value with a slight discount. Its preferred shares (GNT.PR.A) stand out for conservative investors, offering a 7.16% yield, strong credit security, and 650% asset coverage. The preferred shares' price drop is linked to rising Treasury yields rather than credit risk, making them a structurally protected income option in a high interest rate environment. This makes GNT.PR.A attractive for investors seeking stable income with low default risk.

GAMCO Natural Resources Gold & Income Trust (GNT) features an 8.42% dividend yield on common shares and a 7.16% yield on preferred shares, highlighting its income focus. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Oct 09, 2026 20:31 WIB: out of 62 priced US stocks, 47 rose and 12 fell. Notable movers include SCCO at USD 203.66 with a 2.52% gain and 70% buy order activity, SSRM at USD 34.44 up 2.42% with 100% buy orders, and ALM at USD 11.85 also up 2.42% with full buy interest.

More News

Sigenergy debuts AI-powered energy solutions and new partnerships at Malaysia's IGEM 2026.

Sigenergy debuts AI-powered energy solutions and new partnerships at Malaysia's IGEM 2026.

At Malaysia's IGEM 2026, Sigenergy showcased its latest AI-driven energy technologies, including smart storage and inverter systems, highlighting its role in advancing sustainable energy. The company also signed MOUs with local partners Milieu and YT...

Market News
Bullish
1 hour ago
Bitcoin sees more extreme daily moves in 2026 than 2018 despite lower overall volatility

Bitcoin sees more extreme daily moves in 2026 than 2018 despite lower overall volatility

In 2026, Bitcoin has experienced 10 unusually large daily price moves of at least three standard deviations through October 9, surpassing the eight such moves recorded during the entire 2018 bear market. This is notable because overall annualized vol...

Market News
Neutral
4 hours ago
Bitcoin's average volatility drops but extreme price jumps exceed 2018 levels, signaling mixed market signals.

Bitcoin's average volatility drops but extreme price jumps exceed 2018 levels, signaling mixed market signals.

In 2026, Bitcoin's average annualized volatility has decreased to 40-47%, much lower than historical levels above 80%, suggesting calmer daily price movements. However, extreme price jumps—sudden large swings—have increased by 71% compared to 2018, i...

Market News
Neutral
4 hours ago
Hyperliquid network upgrade scheduled for Oct 10, causing brief trading downtime

Hyperliquid network upgrade scheduled for Oct 10, causing brief trading downtime

Hyperliquid will perform a network upgrade on October 10 at 4:15 a.m. ET, expected to last about 10 minutes. During this time, trading and on-chain activities may be temporarily interrupted. The maintenance is planned for early Saturday morning in th...

Protocol Fundamentals
Neutral
4 hours ago
Bitcoin ETFs see $21M inflows as Ether ETFs face $56M outflows amid US crypto regulatory shifts

Bitcoin ETFs see $21M inflows as Ether ETFs face $56M outflows amid US crypto regulatory shifts

On October 9, Bitcoin spot ETFs attracted $21.13 million in net inflows, led by IBIT with $22.38 million, while Ether spot ETFs experienced $56.10 million in net outflows, marking nine straight sessions of decline. This divergence occurs amid ongoing...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App