HTML

NPORT-EX 2 GB40GAMCOGlblGldNatResInc.htm HTML

GAMCO Global Gold, Natural Resources & Income Trust

Schedule of Investments — March 31, 2021 (Unaudited)


Shares			Market Value
		COMMON STOCKS — 85.7%
		Energy and Energy Services — 31.9%
	75,600	APA Corp.	$	1,353,240
	183,975	Baker Hughes Co.		3,975,700
	391,500	BP plc, ADR(a)		9,533,025
	163,000	Cabot Oil & Gas Corp.(a)		3,061,140
	315,148	Chevron Corp.(a)		33,024,359
	160,500	ConocoPhillips(a)		8,501,685
	139,300	Devon Energy Corp.(a)		3,043,705
	48,000	Diamondback Energy Inc.		3,527,520
	450,000	Eni SpA		5,537,841
	139,500	EOG Resources Inc.(a)		10,117,935
	555,100	Exxon Mobil Corp.(a)		30,991,233
	194,000	Halliburton Co.(a)		4,163,240
	17,700	Helmerich & Payne Inc.(a)		477,192
	25,500	Hess Corp.		1,804,380
	45,500	HollyFrontier Corp.(a)		1,627,990
	500,008	Kinder Morgan Inc.(a)		8,325,133
	158,994	Marathon Petroleum Corp.		8,504,589
	65,661	Occidental Petroleum Corp.(a)		1,747,896
	107,000	ONEOK Inc.(a)		5,420,620
	94,000	Phillips 66(a)		7,664,760
	52,400	Pioneer Natural Resources Co.(a)		8,322,168
	1,084,000	Royal Dutch Shell plc, Cl. A		21,127,861
	337,000	Schlumberger NV(a)		9,163,030
	179,000	Suncor Energy Inc.(a)		3,741,100
	90,000	Sunoco LP(a)		2,865,600
	343,000	The Williams Companies Inc.(a)		8,125,670
	376,000	TOTAL SE, ADR(a)		17,499,040
	114,500	Valero Energy Corp.(a)		8,198,200

				231,445,852


		Metals and Mining — 53.8%
	405,000	Agnico Eagle Mines Ltd.(a)		23,413,050
	2,187,692	Alamos Gold Inc., Cl. A(a)		17,085,875
	185,000	AngloGold Ashanti Ltd., ADR		4,064,450
	2,349,000	B2Gold Corp.(a)		10,124,190
	1,517,019	Barrick Gold Corp.(a)		30,036,976
	2,400,000	Belo Sun Mining Corp.†		1,527,811
	201,100	BHP Group Ltd., ADR(a)		13,954,329
	665,000	Centamin plc		953,440
	672,500	Centerra Gold Inc.		5,950,664
	425,000	Dundee Precious Metals Inc.		2,593,897
	662,000	Eldorado Gold Corp.†		7,142,980
	939,741	Endeavour Mining Corp.		18,941,386
	600,000	Equinox Gold Corp.†		4,794,000
	2,749,000	Evolution Mining Ltd.		8,519,052
	195,500	Franco-Nevada Corp.(a)		24,494,195
	715,000	Freeport-McMoRan Inc.†(a)		23,544,950
	327,659	Fresnillo plc		3,903,684
	500,000	Gold Fields Ltd., ADR		4,745,000
	4,604,079	Gold Road Resources Ltd.		3,846,731
	522,276	Harmony Gold Mining Co. Ltd., ADR†		2,277,123


Shares			Market Value
	3,076,832	Hochschild Mining plc	$	8,301,047
	1,010,000	Kinross Gold Corp.		6,736,700
	559,065	Kirkland Lake Gold Ltd.(a)		18,896,397
	40,000	Labrador Iron Ore Royalty Corp.		1,178,642
	622,999	Newcrest Mining Ltd.		11,555,518
	550,000	Newmont Corp.(a)		33,148,500
	410,015	Northern Dynasty Minerals Ltd.†		259,949
	2,771,626	Northern Star Resources Ltd.		19,957,187
	1,928,500	OceanaGold Corp.†		2,869,655
	465,000	Osisko Gold Royalties Ltd.		5,121,031
	36,700	Pan American Silver Corp.		1,102,101
	692,000	Pretium Resources Inc.†		7,176,040
	300,000	Rio Tinto plc, ADR(a)		23,295,000
	68,000	Royal Gold Inc.(a)		7,318,160
	350,032	SSR Mining Inc.		4,998,457
	1,065,000	Wesdome Gold Mines Ltd.†		7,067,797
	54	Westgold Resources Ltd.†		82
	434,450	Wheaton Precious Metals Corp.(a)		16,600,335
	550,000	Yamana Gold Inc.		2,387,000

				389,883,381


		TOTAL COMMON STOCKS		621,329,233


		RIGHTS — 0.0%
		Metals and Mining — 0.0%
	269,700	Pan American Silver Corp., CVR†		234,639


		WARRANTS — 0.0%
		Energy and Energy Services — 0.0%
	7,207	Occidental Petroleum Corp., expire 08/03/27†		85,835


Principal Amount
		CONVERTIBLE CORPORATE BONDS — 0.7%
		Metals and Mining — 0.7%
	$ 1,300,000	Fortuna Silver Mines Inc., 4.650%, 10/31/24		2,093,780
	2,000,000	Osisko Gold Royalties Ltd., 4.000%, 12/31/22		1,604,201
	1,000,000	Pretium Resources Inc., 2.250%, 03/15/22		1,031,250

				4,729,231


		TOTAL CONVERTIBLE CORPORATE BONDS		4,729,231


		CORPORATE BONDS — 0.3%
		Metals and Mining — 0.3%
	2,000,000	IAMGOLD Corp., 5.750%, 10/15/28(b)		2,028,100


		U.S. GOVERNMENT OBLIGATIONS — 13.3%
		U.S. Cash Management Bill — 0.8%
	5,635,000	0.005%††, 04/20/2021		5,634,955

GAMCO Global Gold, Natural Resources & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)


Principal Amount			Market Value
		U.S. GOVERNMENT OBLIGATIONS (Continued)
		U.S. Treasury Bills — 12.5%
	$90,664,000	0.010% to 0.090%†††, 04/22/21 to 09/23/21(c)	$	90,661,377


		TOTAL U.S. GOVERNMENT OBLIGATIONS		96,296,332


		TOTAL INVESTMENTS BEFORE OPTIONS WRITTEN — 100.0%
		(Cost $869,446,257)	$	724,703,370

(a)	Securities, or a portion thereof, with a value of $291,464,944 were deposited with the broker as collateral for options written.

(b)	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers.

(c)	At March 31, 2021, $74,205,000 of the principal amount was pledged as collateral for options written.

†	Non-income producing security.

††	Represents annualized yield at date of purchase.

†††	Represents annualized yields at dates of purchase.

ADR	American Depositary Receipt

CVR	Contingent Value Right


Geographic Diversification	% of Total Investments*		Market Value
Long Positions
United States		46.1%	$	334,400,762
Canada		28.9		209,421,158
Europe		10.8		77,946,207
Asia/Pacific		8.4		60,702,553
Latin America		4.3		31,146,117
South Africa		1.5		11,086,573

Total Investments — Long Positions		100.0%	$	724,703,370


Short Positions
United States		(5.6)%	$	(40,166,413	)
Canada		(0.2)		(1,596,485	)
Europe		(0.2)		(1,335,472	)
Asia/Pacific		(0.0)**		(277,551	)

Total Investments — Short Positions		(6.0)%	$	(43,375,921	)

*	Total investments exclude options written.

**	Amount represents greater than (0.05)%.


Description	Counterparty	Number of Contracts		Notional Amount			Exercise Price			Expiration Date		Market Value
OTC Call Options Written — (4.9)%
Agnico Eagle Mines Ltd.	Pershing LLC		700		USD	4,046,700		USD	70.00		06/18/21	$	64,851
Agnico Eagle Mines Ltd.	Pershing LLC		500		USD	2,890,500		USD	77.00		06/18/21		20,554
Agnico Eagle Mines Ltd.	Pershing LLC		1,450		USD	8,382,450		USD	77.00		08/20/21		137,205
Agnico Eagle Mines Ltd.	Pershing LLC		1,400		USD	8,093,400		USD	60.00		10/15/21		760,644
Agnico Eagle Mines Ltd.	Pershing LLC		500		USD	2,890,500		USD	66.00		10/15/21		174,321
Alamos Gold Inc., Cl. A	Pershing LLC		2,577		USD	2,012,637		USD	9.00		05/21/21		72,179
Alamos Gold Inc., Cl. A	Pershing LLC		3,000		USD	2,343,000		USD	11.25		05/21/21		17,973
Alamos Gold Inc., Cl. A	Pershing LLC		7,300		USD	5,701,300		USD	11.25		07/16/21		150,777
Alamos Gold Inc., Cl. A	Pershing LLC		3,000		USD	2,343,000		USD	9.50		11/19/21		262,830
Apache Corp.	Pershing LLC		252		USD	451,080		USD	20.00		09/17/21		0
B2Gold Corp.	Pershing LLC		2,700		USD	1,163,700		USD	5.50		04/16/21		1,317
B2Gold Corp.	Pershing LLC		5,500		USD	2,370,500		USD	7.00		04/16/21		2
B2Gold Corp.	Pershing LLC		8,400		USD	3,620,400		USD	6.00		06/18/21		80,000
B2Gold Corp.	Pershing LLC		5,500		USD	2,370,500		USD	6.50		08/20/21		95,860
B2Gold Corp.	Pershing LLC		5,500		USD	2,370,500		USD	5.50		10/15/21		208,175
Baker Hughes Co.	Pershing LLC		800		USD	1,728,800		USD	21.00		04/16/21		90,053
Baker Hughes Co.	Pershing LLC		520		USD	1,123,720		USD	22.00		06/18/21		74,272
Baker Hughes Co.	Pershing LLC		520		USD	1,123,720		USD	24.00		08/20/21		62,311
Barrick Gold Corp.	Pershing LLC		4,650		USD	9,207,000		USD	27.50		04/16/21		3,554
Barrick Gold Corp.	Pershing LLC		1,200		USD	2,376,000		USD	21.00		06/18/21		97,995

GAMCO Global Gold, Natural Resources & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)


Description	Counterparty	Number of Contracts		Notional Amount			Exercise Price			Expiration Date		Market Value
Barrick Gold Corp.	Pershing LLC		4,070		USD	8,058,600		USD	28.00		06/18/21	$	43,013
Barrick Gold Corp.	Pershing LLC		4,400		USD	8,712,000		USD	23.00		08/20/21		309,624
Barrick Gold Corp.	Pershing LLC		850		USD	1,683,000		USD	26.00		08/20/21		27,512
Barrick Gold Corp.	Pershing LLC		2,325		USD	4,603,500		USD	23.00		10/15/21		217,790
BHP Group Ltd., ADR	Pershing LLC		670		USD	4,649,130		USD	52.50		05/21/21		1,164,812
BHP Group Ltd., ADR	Pershing LLC		670		USD	4,649,130		USD	65.00		08/20/21		514,205
BHP Group Ltd., ADR	Pershing LLC		670		USD	4,649,130		USD	72.00		09/17/21		242,140
BP plc, ADR	Pershing LLC		1,120		USD	2,727,200		USD	25.00		05/21/21		104,479
BP plc, ADR	Pershing LLC		1,350		USD	3,287,250		USD	26.00		07/16/21		152,335
BP plc, ADR	Pershing LLC		1,445		USD	3,518,575		USD	25.00		09/17/21		272,507
Cabot Oil & Gas Corp.	Pershing LLC		575		USD	1,079,850		USD	20.00		04/16/21		9,902
Cabot Oil & Gas Corp.	Pershing LLC		550		USD	1,032,900		USD	21.00		06/18/21		25,204
Cabot Oil & Gas Corp.	Pershing LLC		550		USD	1,032,900		USD	20.00		08/20/21		60,366
Chevron Corp.	Pershing LLC		708		USD	7,419,132		USD	80.00		04/16/21		1,768,612
Chevron Corp.	Pershing LLC		1,063		USD	11,139,177		USD	100.00		05/21/21		710,179
Chevron Corp.	Pershing LLC		800		USD	8,383,200		USD	100.00		07/16/21		689,239
Chevron Corp.	Pershing LLC		580		USD	6,077,820		USD	105.00		09/17/21		412,106
ConocoPhillips	Pershing LLC		630		USD	3,337,110		USD	40.00		05/21/21		826,624
ConocoPhillips	Pershing LLC		400		USD	2,118,800		USD	50.00		07/16/21		230,677
ConocoPhillips	Pershing LLC		575		USD	3,045,775		USD	50.00		09/17/21		395,794
Devon Energy Corp.	Pershing LLC		400		USD	874,000		USD	17.00		04/16/21		199,276
Devon Energy Corp.	Pershing LLC		293		USD	640,205		USD	19.00		04/16/21		89,916
Devon Energy Corp.	Pershing LLC		700		USD	1,529,500		USD	20.00		07/16/21		252,245
Diamondback Energy Inc.	Pershing LLC		160		USD	1,175,840		USD	70.00		06/18/21		169,728
Diamondback Energy Inc.	Pershing LLC		160		USD	1,175,840		USD	75.00		08/20/21		172,008
Diamondback Energy Inc.	Pershing LLC		160		USD	1,175,840		USD	80.00		10/15/21		172,062
Eldorado Gold Corp.	Pershing LLC		1,620		USD	1,747,980		USD	13.00		09/17/21		150,697
Endeavour Mining Corp.	Pershing LLC		2,050		CAD	5,192,650		CAD	15.00		04/16/21		320
Endeavour Mining Corp.	Pershing LLC		2,050		CAD	5,192,650		CAD	16.00		04/16/21		27
Endeavour Mining Corp.	Pershing LLC		3,647		CAD	9,237,851		CAD	17.00		07/16/21		35,894
Eni SpA	Morgan Stanley		300		EUR	1,574,100		EUR	9.50		05/21/21		190,212
Eni SpA	Morgan Stanley		300		EUR	1,574,100		EUR	9.50		07/16/21		176,349
Eni SpA	Morgan Stanley		300		EUR	1,574,100		EUR	10.00		09/17/21		136,279
EOG Resources Inc.	Pershing LLC		460		USD	3,336,380		USD	57.50		05/21/21		715,084
EOG Resources Inc.	Pershing LLC		450		USD	3,263,850		USD	60.00		07/16/21		658,893
EOG Resources Inc.	Pershing LLC		485		USD	3,517,705		USD	75.00		09/17/21		408,860
Equinox Gold Corp.	Pershing LLC		3,000		USD	2,397,000		USD	13.00		07/16/21		28,700
Exxon Mobil Corp.	Pershing LLC		565		USD	3,154,395		USD	42.00		04/16/21		794,240
Exxon Mobil Corp.	Pershing LLC		755		USD	4,215,165		USD	43.00		05/21/21		937,881
Exxon Mobil Corp.	Pershing LLC		145		USD	809,535		USD	45.00		05/21/21		152,647

GAMCO Global Gold, Natural Resources & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)


Description	Counterparty	Number of Contracts		Notional Amount			Exercise Price			Expiration Date		Market Value
Exxon Mobil Corp.	Pershing LLC		805		USD	4,494,315		USD	50.00		05/21/21	$	492,034
Exxon Mobil Corp.	Pershing LLC		1,781		USD	9,943,323		USD	55.00		07/16/21		711,021
Exxon Mobil Corp.	Pershing LLC		1,500		USD	8,374,500		USD	60.00		09/17/21		406,331
Franco-Nevada Corp.	Pershing LLC		700		USD	8,770,300		USD	120.00		09/17/21		948,865
Freeport-McMoRan Inc.	Pershing LLC		1,700		USD	5,598,100		USD	40.00		09/17/21		376,833
Gold Fields Ltd., ADR	Pershing LLC		2,500		USD	2,372,500		USD	10.00		09/17/21		271,009
Halliburton Co.	Pershing LLC		840		USD	1,802,640		USD	21.00		05/21/21		155,186
Halliburton Co.	Pershing LLC		1,100		USD	2,360,600		USD	23.00		07/16/21		180,456
Harmony Gold Mining Co. Ltd., ADR	Pershing LLC		2,500		USD	1,090,000		USD	6.00		07/16/21		54,151
Hess Corp.	Pershing LLC		125		USD	884,500		USD	62.50		06/18/21		136,185
Hess Corp.	Pershing LLC		130		USD	919,880		USD	65.00		08/20/21		142,306
HollyFrontier Corp.	Pershing LLC		255		USD	912,390		USD	33.00		06/18/21		115,444
HollyFrontier Corp.	Pershing LLC		200		USD	715,600		USD	45.00		09/17/21		32,778
Kinder Morgan Inc.	Pershing LLC		1,600		USD	2,664,000		USD	16.00		06/18/21		171,984
Kinder Morgan Inc.	Pershing LLC		1,700		USD	2,830,500		USD	16.00		08/20/21		205,261
Kinder Morgan Inc.	Pershing LLC		1,700		USD	2,830,500		USD	18.00		10/15/21		114,337
Kinross Gold Corp.	Pershing LLC		2,800		USD	1,867,600		USD	9.00		04/16/21		509
Kinross Gold Corp.	Pershing LLC		4,300		USD	2,868,100		USD	7.50		05/21/21		91,315
Kinross Gold Corp.	Pershing LLC		4,500		USD	3,001,500		USD	8.00		07/16/21		124,472
Kinross Gold Corp.	Pershing LLC		800		USD	533,600		USD	7.50		09/17/21		43,078
Kirkland Lake Gold Ltd.	Pershing LLC		1,900		USD	6,422,000		USD	40.00		05/21/21		99,098
Kirkland Lake Gold Ltd.	Pershing LLC		1,266		USD	4,279,080		USD	47.00		07/16/21		47,615
Kirkland Lake Gold Ltd.	Pershing LLC		307		USD	1,037,660		USD	50.00		07/16/21		6,893
Kirkland Lake Gold Ltd.	Pershing LLC		1,573		USD	5,316,740		USD	35.00		08/20/21		477,671
Kirkland Lake Gold Ltd.	Pershing LLC		1,865		USD	6,303,700		USD	45.00		09/17/21		187,488
Marathon Petroleum Corp.	Pershing LLC		380		USD	2,032,620		USD	40.00		05/21/21		511,867
Marathon Petroleum Corp.	Pershing LLC		150		USD	802,350		USD	52.50		05/21/21		56,579
Marathon Petroleum Corp.	Pershing LLC		500		USD	2,674,500		USD	50.00		07/16/21		331,528
Marathon Petroleum Corp.	Pershing LLC		560		USD	2,995,440		USD	62.50		09/17/21		149,437
Newcrest Mining Ltd.	Morgan Stanley		2,830		AUD	6,910,860		AUD	30.00		05/20/21		5,775
Newcrest Mining Ltd.	Morgan Stanley		1,250		AUD	3,052,500		AUD	27.00		07/15/21		62,846
Newcrest Mining Ltd.	Pershing LLC		2,150		AUD	5,250,300		AUD	26.00		09/16/21		208,930
Newmont Corp.	Pershing LLC		1,000		USD	6,027,000		USD	63.00		04/16/21		57,860
Newmont Corp.	Pershing LLC		1,393		USD	8,395,611		USD	65.00		05/21/21		175,145
Newmont Corp.	Pershing LLC		950		USD	5,725,650		USD	60.00		07/16/21		377,644
Newmont Corp.	Pershing LLC		990		USD	5,966,730		USD	62.50		08/20/21		354,112
Newmont Corp.	Pershing LLC		1,167		USD	7,033,509		USD	70.00		10/15/21		257,620

GAMCO Global Gold, Natural Resources & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)


Description	Counterparty	Number of Contracts		Notional Amount		Exercise Price		Expiration Date		Market Value
Northern Star Resources Ltd.	The Goldman Sachs Group Inc.		9,218	AUD	8,738,664	AUD	15.00		04/16/21	$	0
Occidental Petroleum Corp.	Pershing LLC		390	USD	1,038,180	USD	25.00		07/16/21		174,011
ONEOK Inc.	Pershing LLC		350	USD	1,773,100	USD	45.00		04/16/21		208,074
ONEOK Inc.	Pershing LLC		330	USD	1,671,780	USD	46.00		07/16/21		209,443
ONEOK Inc.	Pershing LLC		390	USD	1,975,740	USD	46.00		09/17/21		260,421
Pan American Silver Corp.	Pershing LLC		367	USD	1,102,101	USD	32.50		08/20/21		107,308
Phillips 66	Pershing LLC		300	USD	2,446,200	USD	65.00		04/16/21		512,796
Phillips 66	Pershing LLC		70	USD	570,780	USD	80.00		05/21/21		36,870
Phillips 66	Pershing LLC		230	USD	1,875,420	USD	80.00		06/18/21		147,218
Phillips 66	Pershing LLC		330	USD	2,690,820	USD	80.00		08/20/21		262,250
Pioneer Natural Resources Co.	Pershing LLC		130	USD	2,064,660	USD	145.00		04/16/21		196,194
Pioneer Natural Resources Co.	Pershing LLC		135	USD	2,144,070	USD	140.00		06/18/21		320,688
Pioneer Natural Resources Co.	Pershing LLC		130	USD	2,064,660	USD	140.00		09/17/21		364,038
Pioneer Natural Resources Co.	Pershing LLC		130	USD	2,064,660	USD	160.00		09/17/21		224,720
Pretium Resources Inc.	Pershing LLC		2,320	USD	2,405,840	USD	13.00		07/16/21		88,836
Rio Tinto plc, ADR	Pershing LLC		1,000	USD	7,765,000	USD	71.57		05/21/21		683,215
Rio Tinto plc, ADR	Pershing LLC		1,000	USD	7,765,000	USD	74.07		07/16/21		658,160
Rio Tinto plc, ADR	Pershing LLC		1,000	USD	7,765,000	USD	80.00		09/17/21		453,305
Royal Dutch Shell plc, Cl. A	Morgan Stanley		444	GBP	6,277,272	GBp	1,500.00		06/18/21		272,129
Royal Dutch Shell plc, Cl. A	Morgan Stanley		310	GBP	4,382,780	GBp	1,600.00		09/17/21		198,992
Royal Dutch Shell plc, Cl. A	Morgan Stanley		330	GBP	4,665,540	GBp	1,500.00		10/15/21		361,511
Royal Gold Inc.	Pershing LLC		330	USD	3,551,460	USD	115.00		04/16/21		24,004
Royal Gold Inc.	Pershing LLC		350	USD	3,766,700	USD	115.00		06/18/21		132,217
Schlumberger NV	Pershing LLC		1,200	USD	3,262,800	USD	25.00		05/21/21		378,889
Schlumberger NV	Pershing LLC		1,000	USD	2,719,000	USD	25.00		07/16/21		385,282
Schlumberger NV	Pershing LLC		1,170	USD	3,181,230	USD	30.00		09/17/21		264,493
SSR Mining Inc.	Pershing LLC		2,000	USD	2,856,000	USD	20.00		09/17/21		97,062
Suncor Energy Inc.	Pershing LLC		570	USD	1,191,300	USD	20.00		06/18/21		122,832
Suncor Energy Inc.	Pershing LLC		570	USD	1,191,300	USD	22.00		09/17/21		111,228
Suncor Energy Inc.	Pershing LLC		655	USD	1,368,950	USD	24.00		10/15/21		97,671
Sunoco LP	Pershing LLC		300	USD	955,200	USD	30.00		05/21/21		58,141
Sunoco LP	Pershing LLC		300	USD	955,200	USD	29.00		07/16/21		93,514
Sunoco LP	Pershing LLC		300	USD	955,200	USD	30.00		09/17/21		69,718

GAMCO Global Gold, Natural Resources & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)


Description	Counterparty	Number of Contracts		Notional Amount		Exercise Price		Expiration Date		Market Value
The Williams Companies Inc.	Pershing LLC		1,000	USD	2,369,000	USD	23.00		05/21/21	$	140,604
The Williams Companies Inc.	Pershing LLC		1,050	USD	2,487,450	USD	23.00		07/16/21		169,408
The Williams Companies Inc.	Pershing LLC		1,000	USD	2,369,000	USD	24.00		09/17/21		133,105
TOTAL SE, ADR	Pershing LLC		1,000	USD	4,654,000	USD	46.75		05/21/21		199,382
TOTAL SE, ADR	Pershing LLC		1,000	USD	4,654,000	USD	45.00		07/16/21		348,999
TOTAL SE, ADR	Pershing LLC		335	USD	1,559,090	USD	50.00		07/16/21		44,260
TOTAL SE, ADR	Pershing LLC		1,100	USD	5,119,400	USD	50.00		09/17/21		234,104
Valero Energy Corp.	Pershing LLC		450	USD	3,222,000	USD	65.00		06/18/21		411,882
Valero Energy Corp.	Pershing LLC		115	USD	823,400	USD	70.00		06/18/21		70,815
Valero Energy Corp.	Pershing LLC		350	USD	2,506,000	USD	72.50		06/18/21		172,784
Valero Energy Corp.	Pershing LLC		340	USD	2,434,400	USD	77.50		08/20/21		151,281
VanEck Vectors Gold Miners ETF	Pershing LLC		3,500	USD	11,375,000	USD	37.00		07/16/21		327,904
VanEck Vectors Gold Miners ETF	Pershing LLC		3,500	USD	11,375,000	USD	35.00		11/19/21		871,101
Wheaton Precious Metals Corp.	Pershing LLC		1,658	USD	6,335,218	USD	50.00		05/21/21		37,579
Wheaton Precious Metals Corp.	Pershing LLC		1,567	USD	5,987,507	USD	50.00		06/18/21		64,678
Wheaton Precious Metals Corp.	Pershing LLC		1,750	USD	6,686,750	USD	47.00		09/17/21		272,802
Yamana Gold Inc.	Pershing LLC		2,750	USD	1,193,500	USD	6.50		05/21/21		7,488

TOTAL OTC CALL OPTIONS WRITTEN										$	35,368,380


OTC Put Options Written — (0.1)%
Energy Select Sector SPDR ETF	Pershing LLC		1,700	USD	8,340,200	USD	40.00		07/16/21	$	131,001
iShares Global Clean Energy ETF	Pershing LLC		865	USD	2,101,950	USD	21.00		06/18/21		62,845
VanEck Vectors Gold Miners ETF	Pershing LLC		4,500	USD	14,625,000	USD	28.00		08/20/21		381,411

TOTAL OTC PUT OPTIONS WRITTEN										$	575,257

GAMCO Global Gold, Natural Resources & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)


Description	Number of Contracts		Notional Amount			Exercise Price			Expiration Date		Market Value
Exchange Traded Call Options Written — (0.9)%
Alamos Gold Inc., Cl. A		9,000		USD	7,029,000		USD	10.00		09/17/21	$	468,000
AngloGold Ashanti Ltd., ADR		925		USD	2,032,225		USD	28.00		07/16/21		50,875
AngloGold Ashanti Ltd., ADR		925		USD	2,032,225		USD	25.00		10/15/21		180,375
Apache Corp.		500		USD	895,000		USD	20.00		07/16/21		89,000
Centerra Gold Inc.		3,350		CAD	3,725,200		CAD	17.00		05/21/21		17,327
Centerra Gold Inc.		3,350		CAD	3,725,200		CAD	19.00		07/16/21		33,321
Centerra Gold Inc.		3,350		CAD	3,725,200		CAD	15.00		09/17/21		143,948
Dundee Precious Metals Inc.		4,250		CAD	3,259,750		CAD	11.00		04/16/21		6,765
Eldorado Gold Corp.		1,250		USD	1,348,750		USD	13.00		05/21/21		35,000
Eldorado Gold Corp.		1,615		USD	1,742,585		USD	13.00		07/16/21		96,900
Endeavour Mining Corp.		1,919		CAD	4,860,827		CAD	40.00		04/16/21		6,108
Endeavour Mining Corp.		1,919		CAD	4,860,827		CAD	25.00		05/21/21		278,680
Endeavour Mining Corp.		1,918		CAD	4,858,294		CAD	27.00		07/16/21		255,642
Endeavour Mining Corp.		2,620		CAD	6,636,460		CAD	30.00		07/16/21		161,574
Endeavour Mining Corp.		570		CAD	1,443,810		CAD	32.00		07/16/21		23,812
Endeavour Mining Corp.		600		CAD	1,519,800		CAD	36.00		07/16/21		10,742
Endeavour Mining Corp.		1,170		CAD	2,963,610		CAD	26.00		09/17/21		253,700
Endeavour Mining Corp.		600		CAD	1,519,800		CAD	30.00		09/17/21		63,261
Equinox Gold Corp.		3,000		USD	2,397,000		USD	10.00		07/16/21		120,000
Franco-Nevada Corp.		700		USD	8,770,300		USD	135.00		05/21/21		178,500
Franco-Nevada Corp.		555		USD	6,953,595		USD	120.00		07/16/21		638,250
Freeport-McMoRan Inc.		1,250		USD	4,116,250		USD	30.00		05/21/21		537,500
Freeport-McMoRan Inc.		1,500		USD	4,939,500		USD	31.00		05/21/21		555,000
Freeport-McMoRan Inc.		2,700		USD	8,891,100		USD	32.00		07/16/21		1,098,900
Gold Fields Ltd., ADR		2,500		USD	2,372,500		USD	13.00		07/16/21		56,250
Harmony Gold Mining Co. Ltd., ADR		5,222		USD	2,276,792		USD	7.00		05/21/21		26,110
Helmerich & Payne Inc.		177		USD	477,192		USD	27.50		06/18/21		49,560
Occidental Petroleum Corp.		367		USD	976,954		USD	25.00		05/21/21		124,780
OceanaGold Corp.		9,500		CAD	1,776,500		CAD	2.50		07/16/21		94,494
Osisko Gold Royalties Ltd.		2,000		CAD	2,768,000		CAD	16.00		07/16/21		59,680
Osisko Gold Royalties Ltd.		2,000		CAD	2,768,000		CAD	15.00		09/17/21		151,190
Pretium Resources Inc.		2,300		USD	2,385,100		USD	15.00		05/21/21		34,500
Pretium Resources Inc.		2,300		USD	2,385,100		USD	12.00		09/17/21		204,700
SSR Mining Inc.		1,765		USD	2,520,420		USD	23.00		06/18/21		17,650
VanEck Vectors Gold Miners ETF		3,500		USD	11,375,000		USD	37.00		09/17/21		518,000
Yamana Gold Inc.		2,750		USD	1,193,500		USD	7.00		07/16/21		16,500

TOTAL EXCHANGE TRADED CALL OPTIONS WRITTEN											$	6,656,594


Exchange Traded Put Options Written — (0.1)%
Energy Select Sector SPDR ETF		2,000		USD	9,812,000		USD	32.00		05/21/21	$	194,000
iShares Global Clean Energy ETF		865		USD	2,101,950		USD	21.00		04/16/21		6,920
iShares Global Clean Energy ETF		865		USD	2,101,950		USD	19.00		10/15/21		76,120

GAMCO Global Gold, Natural Resources & Income Trust

Schedule of Investments (Continued) — March 31, 2021 (Unaudited)


Description	Number of Contracts		Notional Amount			Exercise Price			Expiration Date		Market Value
NextEra Energy Partners LP		185		USD	1,348,280		USD	60.00		04/16/21	$	3,700
VanEck Vectors Gold Miners ETF		4,450		USD	14,462,500		USD	31.00		05/21/21		404,950
VanEck Vectors Gold Miners ETF		4,500		USD	14,625,000		USD	26.00		06/18/21		90,000

TOTAL EXCHANGE TRADED PUT OPTIONS WRITTEN											$	775,690


TOTAL OPTIONS WRITTEN											$	43,375,921