NPORT-EX 2 GB40_GB093021.htm
1
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
—
September
30,
2021
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
 —
85.5%
Energy
and
Energy
Services
 —
36.8%
100,400‌
APA
Corp.(a)
....................
$
2,151,572‌
191,975‌
Baker
Hughes
Co.
.................
4,747,542‌
420,000‌
BP
plc,
ADR
.....................
11,478,600‌
163,000‌
Cabot
Oil
&
Gas
Corp.(a)
............
3,546,880‌
233,048‌
Chevron
Corp.(a)
.................
23,642,720‌
206,300‌
ConocoPhillips(a)
.................
13,980,951‌
140,000‌
Devon
Energy
Corp.(a)
.............
4,971,400‌
48,000‌
Diamondback
Energy
Inc.
...........
4,544,160‌
450,000‌
Eni
SpA
........................
6,018,439‌
143,500‌
EOG
Resources
Inc.(a)
.............
11,518,745‌
595,500‌
Exxon
Mobil
Corp.(a)
..............
35,027,310‌
220,000‌
Halliburton
Co.(a)
.................
4,756,400‌
13,000‌
Hess
Corp.
......................
1,015,430‌
500,008‌
Kinder
Morgan
Inc.(a)
..............
8,365,134‌
163,994‌
Marathon
Petroleum
Corp.(a)
.........
10,136,469‌
44,480‌
Occidental
Petroleum
Corp.(a)
........
1,315,718‌
116,000‌
ONEOK
Inc.(a)
...................
6,726,840‌
118,000‌
Phillips
66(a)
....................
8,263,540‌
61,400‌
Pioneer
Natural
Resources
Co.(a)
......
10,223,714‌
1,374,000‌
Royal
Dutch
Shell
plc,
Cl. A
..........
30,639,472‌
340,000‌
Schlumberger
NV(a)
...............
10,077,600‌
179,000‌
Suncor
Energy
Inc.(a)
..............
3,712,460‌
90,000‌
Sunoco
LP(a)
....................
3,358,800‌
346,000‌
The
Williams
Companies
Inc.(a)
.......
8,975,240‌
386,000‌
TotalEnergies
SE,
ADR(a)
............
18,500,980‌
117,000‌
Valero
Energy
Corp.(a)
.............
8,256,690‌
255,952,806‌
Metals
and
Mining
 —
48.7%
385,000‌
Agnico
Eagle
Mines
Ltd.(a)
..........
19,962,250‌
1,929,992‌
Alamos
Gold
Inc.,
Cl. A(a)
...........
13,895,942‌
1,599,000‌
B2Gold
Corp.(a)
..................
5,468,580‌
1,267,019‌
Barrick
Gold
Corp.(a)
..............
22,869,693‌
2,400,000‌
Belo
Sun
Mining
Corp.†
.............
814,780‌
201,100‌
BHP
Group
Ltd.,
ADR(a)
............
10,762,872‌
665,000‌
Centamin
plc
....................
856,775‌
425,000‌
Dundee
Precious
Metals
Inc.
.........
2,556,845‌
605,000‌
Eldorado
Gold
Corp.†
..............
4,676,650‌
1,019,041‌
Endeavour
Mining
plc
..............
22,937,675‌
300,000‌
Equinox
Gold
Corp.†
...............
1,980,000‌
2,749,000‌
Evolution
Mining
Ltd.
..............
6,935,990‌
166,500‌
Franco-Nevada
Corp.(a)
.............
21,630,015‌
650,000‌
Freeport-McMoRan
Inc.(a)
...........
21,144,500‌
327,659‌
Fresnillo
plc
.....................
3,449,785‌
750,000‌
Gold
Fields
Ltd.,
ADR
..............
6,090,000‌
4,604,079‌
Gold
Road
Resources
Ltd.
...........
3,977,580‌
522,276‌
Harmony
Gold
Mining
Co.
Ltd.,
ADR
....
1,645,169‌
3,076,832‌
Hochschild
Mining
plc
..............
5,513,812‌
420,000‌
K92
Mining
Inc.†
.................
2,019,422‌
1,270,000‌
Kinross
Gold
Corp.
................
6,807,200‌
Shares
Market
Value
463,765‌
Kirkland
Lake
Gold
Ltd.(a)
...........
$
19,287,986‌
40,000‌
Labrador
Iron
Ore
Royalty
Corp.
.......
1,112,269‌
622,999‌
Newcrest
Mining
Ltd.
..............
10,196,991‌
560,700‌
Newmont
Corp.(a)
................
30,446,010‌
410,015‌
Northern
Dynasty
Minerals
Ltd.†
......
188,361‌
2,771,626‌
Northern
Star
Resources
Ltd.
.........
17,031,850‌
1,928,500‌
OceanaGold
Corp.†
................
3,151,741‌
265,000‌
Osisko
Gold
Royalties
Ltd.
...........
2,977,223‌
200,000‌
Osisko
Gold
Royalties
Ltd.,
New
York
...
2,246,000‌
36,700‌
Pan
American
Silver
Corp.
...........
854,009‌
692,000‌
Pretium
Resources
Inc.†
............
6,670,880‌
300,000‌
Rio
Tinto
plc,
ADR(a)
..............
20,046,000‌
35,000‌
Royal
Gold
Inc.(a)
.................
3,342,150‌
375,032‌
SSR
Mining
Inc.
..................
5,456,716‌
250,000‌
Victoria
Gold
Corp.†
...............
2,974,499‌
1,065,000‌
Wesdome
Gold
Mines
Ltd.†
..........
8,534,462‌
54‌
Westgold
Resources
Ltd.
............
63‌
434,450‌
Wheaton
Precious
Metals
Corp.(a)
.....
16,326,631‌
550,000‌
Yamana
Gold
Inc.
.................
2,178,000‌
339,017,376‌
TOTAL
COMMON
STOCKS
.........
594,970,182‌
RIGHTS
 —
0.0%
Metals
and
Mining
 —
0.0%
269,700‌
Pan
American
Silver
Corp.,
CVR†
......
194,184‌
WARRANTS
 —
0.0%
Energy
and
Energy
Services
 —
0.0%
7,207‌
Occidental
Petroleum
Corp.,
expire
08/03/27†
.....................
85,403‌
Principal
Amount
CONVERTIBLE
CORPORATE
BONDS
 —
0.6%
Metals
and
Mining
 —
0.6%
$
1,300,000‌
Fortuna
Silver
Mines
Inc.,
4.650%,
10/31/24
...............
1,436,890‌
2,000,000‌
Osisko
Gold
Royalties
Ltd.,
4.000%,
12/31/22
...............
1,598,626‌
1,000,000‌
Pretium
Resources
Inc.,
2.250%,
03/15/22
...............
995,400‌
4,030,916‌
TOTAL
CONVERTIBLE
CORPORATE
BONDS
....................
4,030,916‌
CORPORATE
BONDS
 —
0.3%
Metals
and
Mining
 —
0.3%
2,000,000‌
IAMGOLD
Corp.,
5.750%,
10/15/28(b)
.............
1,973,000‌
2
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
September
30,
2021
(Unaudited)
Principal
Amount
Market
Value
U.S.
GOVERNMENT
OBLIGATIONS
 —
13.6%
$
8,268,000‌
U.S.
Cash
Management
Bills,
0.031%
to
0.040%††,
10/26/21
to
11/01/21
......................
$
8,267,732‌
86,119,000‌
U.S.
Treasury
Bills,
0.014%
to
0.055%††,
10/07/21
to
03/24/22(c)
....................
86,114,435‌
TOTAL
U.S.
GOVERNMENT
OBLIGATIONS
94,382,167‌
TOTAL
INVESTMENTS
BEFORE
OPTIONS
WRITTEN
—
100.0%
...........
(Cost
$861,116,185)
.............
$
695,635,852‌
(a)
Securities,
or
a
portion
thereof,
with
a
value
of
$302,561,127
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
September
30,
2021,
$44,966,000
of
the
principal
amount
was
pledged
as
collateral
for
options
written.
†
Non-income
producing
security.
††
Represents
annualized
yield(s)
at
date(s)
of
purchase.
ADR
American
Depositary
Receipt
CVR
Contingent
Value
Right
Geographic
Diversification
%
of
Total
Investments
*
Market
Value
Long
Positions
United
States
........................
48.1‌
%
$
335,003,085‌
Canada
..............................
26.1‌
181,398,973‌
Europe
..............................
15.9‌
110,477,941‌
Asia/Pacific
.........................
7.5‌
52,057,087‌
Latin
America
.......................
1.3‌
8,963,597‌
South
Africa
.........................
1.1‌
7,735,169‌
Total
Investments
—
Long
Positions
100.0‌%
$
695,635,852‌
Short
Positions
United
States
........................
(3.9‌)
%
$
(27,281,946‌)
Europe
..............................
(0.6‌)
(3,898,204‌)
Canada
..............................
(0.2‌)
(1,239,756‌)
Asia/Pacific
.........................
(0.0‌)
**
(140,805‌)
Total
Investments
—
Short
Positions
(4.7‌)%
$
(32,560,711‌)
*
Total
investments
exclude
options
written.
**
Amount
represents
greater
than
(0.05)%.
As
of
September
30,
2021,
options
written
outstanding
were
as
follows:
Description
Counterparty
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
OTC
Call
Options
Written
—
(3.8)%
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
700‌
USD
3,629,500‌
USD
60.00
10/15/21
$
3,228‌
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
500‌
USD
2,592,500‌
USD
66.00
10/15/21
108‌
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
1,200‌
USD
6,222,000‌
USD
68.00
12/17/21
30,082‌
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
1,415‌
USD
7,336,775‌
USD
62.50
01/21/22
120,007‌
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
1,290‌
USD
6,688,650‌
USD
60.00
03/18/22
241,941‌
Alamos
Gold
Inc.,
Cl.
A
Pershing
LLC
3,500‌
USD
2,520,000‌
USD
8.50
11/19/21
50,591‌
Alamos
Gold
Inc.,
Cl.
A
Pershing
LLC
6,500‌
USD
4,680,000‌
USD
8.00
12/17/21
195,081‌
Alamos
Gold
Inc.,
Cl.
A
Pershing
LLC
3,800‌
USD
2,736,000‌
USD
8.50
01/21/22
121,136‌
Alamos
Gold
Inc.,
Cl.
A
Pershing
LLC
2,500‌
USD
1,800,000‌
USD
9.00
02/18/22
81,446‌
Alamos
Gold
Inc.,
Cl.
A
Pershing
LLC
3,000‌
USD
2,160,000‌
USD
8.25
03/18/22
141,840‌
APA
Corp.
Pershing
LLC
378‌
USD
810,054‌
USD
20.00
12/17/21
113,154‌
APA
Corp.
Pershing
LLC
500‌
USD
1,071,500‌
USD
20.00
04/14/22
197,097‌
B2Gold
Corp.
Pershing
LLC
5,500‌
USD
1,881,000‌
USD
5.50
10/15/21
3‌
B2Gold
Corp.
Pershing
LLC
2,000‌
USD
684,000‌
USD
6.00
10/15/21
0‌
B2Gold
Corp.
Pershing
LLC
7,500‌
USD
2,565,000‌
USD
3.50
11/19/21
163,255‌
B2Gold
Corp.
Pershing
LLC
7,500‌
USD
2,565,000‌
USD
5.00
01/21/22
53,235‌
B2Gold
Corp.
Pershing
LLC
8,400‌
USD
2,872,800‌
USD
4.60
02/18/22
122,052‌
Baker
Hughes
Co.
Pershing
LLC
800‌
USD
1,978,400‌
USD
21.00
10/15/21
341,999‌
Baker
Hughes
Co.
Pershing
LLC
600‌
USD
1,483,800‌
USD
23.00
11/19/21
168,544‌
Baker
Hughes
Co.
Pershing
LLC
520‌
USD
1,285,960‌
USD
23.00
12/17/21
160,011‌
Barrick
Gold
Corp.
Pershing
LLC
850‌
USD
1,534,250‌
USD
24.00
10/15/21
162‌
3
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
September
30,
2021
(Unaudited)
Description
Counterparty
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Barrick
Gold
Corp.
Pershing
LLC
850‌
USD
1,534,250‌
USD
20.00
11/19/21
$
20,728‌
Barrick
Gold
Corp.
Pershing
LLC
4,400‌
USD
7,942,000‌
USD
22.00
11/19/21
38,865‌
Barrick
Gold
Corp.
Pershing
LLC
5,250‌
USD
9,476,250‌
USD
20.00
12/17/21
162,476‌
Barrick
Gold
Corp.
Pershing
LLC
4,650‌
USD
8,393,250‌
USD
21.00
01/21/22
162,046‌
Barrick
Gold
Corp.
Pershing
LLC
5,270‌
USD
9,512,350‌
USD
21.00
02/18/22
243,623‌
BHP
Group
Ltd.,
ADR
Pershing
LLC
670‌
USD
3,585,840‌
USD
72.00
10/15/21
389‌
BHP
Group
Ltd.,
ADR
Pershing
LLC
670‌
USD
3,585,840‌
USD
67.50
12/17/21
19,046‌
BHP
Group
Ltd.,
ADR
Pershing
LLC
670‌
USD
3,585,840‌
USD
70.00
01/21/22
23,181‌
BP
plc,
ADR
Pershing
LLC
1,500‌
USD
4,099,500‌
USD
28.00
10/15/21
55,417‌
BP
plc,
ADR
Pershing
LLC
1,350‌
USD
3,689,550‌
USD
26.00
12/17/21
275,438‌
BP
plc,
ADR
Pershing
LLC
1,350‌
USD
3,689,550‌
USD
26.00
01/21/22
310,324‌
Cabot
Oil
&
Gas
Corp.
Pershing
LLC
815‌
USD
1,773,440‌
USD
25.00
11/19/21
57,551‌
Cabot
Oil
&
Gas
Corp.
Pershing
LLC
815‌
USD
1,773,440‌
USD
25.00
01/21/22
111,374‌
Chevron
Corp.
Pershing
LLC
770‌
USD
7,811,650‌
USD
107.00
12/17/21
255,000‌
Chevron
Corp.
Pershing
LLC
800‌
USD
8,116,000‌
USD
102.50
01/21/22
503,759‌
Chevron
Corp.
Pershing
LLC
760‌
USD
7,710,200‌
USD
102.50
02/18/22
477,791‌
ConocoPhillips
Pershing
LLC
575‌
USD
3,896,775‌
USD
60.00
10/15/21
464,931‌
ConocoPhillips
Pershing
LLC
600‌
USD
4,066,200‌
USD
54.00
11/19/21
829,615‌
ConocoPhillips
Pershing
LLC
400‌
USD
2,710,800‌
USD
62.50
12/17/21
293,786‌
ConocoPhillips
Pershing
LLC
488‌
USD
3,307,176‌
USD
65.00
01/21/22
323,090‌
Devon
Energy
Corp.
Pershing
LLC
700‌
USD
2,485,700‌
USD
25.00
10/15/21
732,368‌
Devon
Energy
Corp.
Pershing
LLC
700‌
USD
2,485,700‌
USD
28.00
12/17/21
575,186‌
Diamondback
Energy
Inc.
Pershing
LLC
160‌
USD
1,514,720‌
USD
80.00
10/15/21
259,963‌
Diamondback
Energy
Inc.
Pershing
LLC
160‌
USD
1,514,720‌
USD
90.00
12/17/21
192,591‌
Diamondback
Energy
Inc.
Pershing
LLC
160‌
USD
1,514,720‌
USD
75.00
01/21/22
375,012‌
Eldorado
Gold
Corp.
Pershing
LLC
2,200‌
USD
1,700,600‌
USD
11.00
12/17/21
13,873‌
Eni
SpA
Morgan
Stanley
300‌
EUR
1,731,900‌
EUR
11.00
11/19/21
114,934‌
Eni
SpA
Morgan
Stanley
300‌
EUR
1,731,900‌
EUR
11.00
01/21/22
143,419‌
Eni
SpA
Morgan
Stanley
300‌
EUR
1,731,900‌
EUR
11.00
03/18/22
161,702‌
EOG
Resources
Inc.
Pershing
LLC
500‌
USD
4,013,500‌
USD
76.50
11/19/21
396,458‌
EOG
Resources
Inc.
Pershing
LLC
485‌
USD
3,893,095‌
USD
70.00
12/17/21
697,609‌
EOG
Resources
Inc.
Pershing
LLC
450‌
USD
3,612,150‌
USD
75.00
01/21/22
516,841‌
Equinox
Gold
Corp.
Pershing
LLC
3,000‌
USD
1,980,000‌
USD
8.00
10/15/21
8,168‌
Equinox
Gold
Corp.
Pershing
LLC
3,000‌
USD
1,980,000‌
USD
9.00
12/17/21
32,578‌
Exxon
Mobil
Corp.
Pershing
LLC
1,000‌
USD
5,882,000‌
USD
55.00
11/19/21
532,686‌
Exxon
Mobil
Corp.
Pershing
LLC
1,000‌
USD
5,882,000‌
USD
60.00
11/19/21
219,806‌
Exxon
Mobil
Corp.
Pershing
LLC
890‌
USD
5,234,980‌
USD
60.00
01/21/22
304,385‌
Exxon
Mobil
Corp.
Pershing
LLC
1,000‌
USD
5,882,000‌
USD
61.50
01/21/22
276,772‌
Exxon
Mobil
Corp.
Pershing
LLC
2,065‌
USD
12,146,330‌
USD
60.00
02/18/22
708,295‌
Gold
Fields
Ltd.,
ADR
Pershing
LLC
2,500‌
USD
2,030,000‌
USD
10.00
11/19/21
8,174‌
Gold
Fields
Ltd.,
ADR
Pershing
LLC
2,500‌
USD
2,030,000‌
USD
10.00
12/17/21
23,001‌
Gold
Fields
Ltd.,
ADR
Pershing
LLC
2,500‌
USD
2,030,000‌
USD
10.00
01/21/22
45,929‌
Halliburton
Co.
Pershing
LLC
1,100‌
USD
2,378,200‌
USD
22.50
10/15/21
83,683‌
Harmony
Gold
Mining
Co.
Ltd.,
ADR
Pershing
LLC
2,723‌
USD
857,745‌
USD
4.00
12/17/21
21,378‌
Harmony
Gold
Mining
Co.
Ltd.,
ADR
Pershing
LLC
2,600‌
USD
819,000‌
USD
5.00
01/21/22
18,730‌
Hess
Corp.
Pershing
LLC
130‌
USD
1,015,430‌
USD
65.00
01/21/22
196,653‌
Kinder
Morgan
Inc.
Pershing
LLC
1,700‌
USD
2,844,100‌
USD
18.00
10/15/21
11,420‌
Kinder
Morgan
Inc.
Pershing
LLC
1,600‌
USD
2,676,800‌
USD
19.00
12/17/21
24,750‌
Kinder
Morgan
Inc.
Pershing
LLC
1,700‌
USD
2,844,100‌
USD
18.00
01/21/22
81,497‌
Kinross
Gold
Corp.
Pershing
LLC
4,250‌
USD
2,278,000‌
USD
7.00
10/15/21
1,634‌
Kinross
Gold
Corp.
Pershing
LLC
4,250‌
USD
2,278,000‌
USD
7.00
12/17/21
28,370‌
Kinross
Gold
Corp.
Pershing
LLC
4,250‌
USD
2,278,000‌
USD
6.00
01/21/22
96,903‌
4
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
September
30,
2021
(Unaudited)
Description
Counterparty
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Kinross
Gold
Corp.
Pershing
LLC
4,200‌
USD
2,251,200‌
USD
6.50
02/18/22
$
88,830‌
Kirkland
Lake
Gold
Ltd.
Pershing
LLC
1,865‌
USD
7,756,535‌
USD
41.50
11/19/21
457,260‌
Kirkland
Lake
Gold
Ltd.
Pershing
LLC
1,573‌
USD
6,542,107‌
USD
45.00
12/17/21
243,252‌
Kirkland
Lake
Gold
Ltd.
Pershing
LLC
1,200‌
USD
4,990,800‌
USD
45.00
01/21/22
228,809‌
Marathon
Petroleum
Corp.
Pershing
LLC
380‌
USD
2,348,780‌
USD
52.50
11/19/21
370,196‌
Marathon
Petroleum
Corp.
Pershing
LLC
150‌
USD
927,150‌
USD
62.50
11/19/21
44,151‌
Marathon
Petroleum
Corp.
Pershing
LLC
550‌
USD
3,399,550‌
USD
62.50
01/21/22
243,277‌
Marathon
Petroleum
Corp.
Pershing
LLC
560‌
USD
3,461,360‌
USD
62.50
02/18/22
267,095‌
Newcrest
Mining
Ltd.
Morgan
Stanley
2,150‌
AUD
4,867,600‌
AUD
30.00
11/18/21
727‌
Newcrest
Mining
Ltd.
Morgan
Stanley
623‌
AUD
1,410,472‌
AUD
27.00
01/20/22
11,648‌
Newcrest
Mining
Ltd.
Morgan
Stanley
2,500‌
AUD
5,660,000‌
AUD
25.00
02/17/22
111,262‌
Newmont
Corp.
Pershing
LLC
390‌
USD
2,117,700‌
USD
62.50
10/15/21
1,702‌
Newmont
Corp.
Pershing
LLC
1,167‌
USD
6,336,810‌
USD
70.00
10/15/21
396‌
Newmont
Corp.
Pershing
LLC
1,600‌
USD
8,688,000‌
USD
62.50
11/19/21
59,474‌
Newmont
Corp.
Pershing
LLC
820‌
USD
4,452,600‌
USD
60.00
12/17/21
84,304‌
Newmont
Corp.
Pershing
LLC
1,630‌
USD
8,850,900‌
USD
62.00
01/21/22
163,724‌
Newmont
Corp.
Pershing
LLC
1,557‌
USD
8,454,510‌
USD
60.50
02/18/22
243,216‌
Northern
Star
Resources
Ltd.
Morgan
Stanley
4,350‌
AUD
3,697,500‌
AUD
11.50
11/18/21
5,697‌
Northern
Star
Resources
Ltd.
Morgan
Stanley
9,400‌
AUD
7,990,000‌
AUD
13.00
12/16/21
11,472‌
Occidental
Petroleum
Corp.
Pershing
LLC
390‌
USD
1,153,620‌
USD
30.00
12/17/21
120,603‌
ONEOK
Inc.
Pershing
LLC
390‌
USD
2,261,610‌
USD
55.00
10/15/21
181,415‌
ONEOK
Inc.
Pershing
LLC
395‌
USD
2,290,605‌
USD
55.00
11/19/21
231,514‌
ONEOK
Inc.
Pershing
LLC
375‌
USD
2,174,625‌
USD
55.00
01/21/22
259,115‌
Osisko
Gold
Royalties
Ltd.
Pershing
LLC
2,000‌
USD
2,246,000‌
USD
13.00
02/18/22
95,304‌
Pan
American
Silver
Corp.
Pershing
LLC
367‌
USD
854,009‌
USD
25.00
01/21/22
60,743‌
Phillips
66
Pershing
LLC
470‌
USD
3,291,410‌
USD
80.00
10/15/21
8,203‌
Phillips
66
Pershing
LLC
370‌
USD
2,591,110‌
USD
80.00
01/21/22
69,712‌
Phillips
66
Pershing
LLC
340‌
USD
2,381,020‌
USD
75.00
02/18/22
129,948‌
Pioneer
Natural
Resources
Co.
Pershing
LLC
130‌
USD
2,164,630‌
USD
150.00
10/15/21
265,027‌
Pioneer
Natural
Resources
Co.
Pershing
LLC
135‌
USD
2,247,885‌
USD
170.00
12/17/21
154,976‌
Pioneer
Natural
Resources
Co.
Pershing
LLC
220‌
USD
3,663,220‌
USD
160.00
01/21/22
404,364‌
Rio
Tinto
plc,
ADR
Pershing
LLC
1,000‌
USD
6,682,000‌
USD
72.50
11/19/21
94,188‌
Rio
Tinto
plc,
ADR
Pershing
LLC
1,000‌
USD
6,682,000‌
USD
80.65
12/17/21
33,187‌
Rio
Tinto
plc,
ADR
Pershing
LLC
1,000‌
USD
6,682,000‌
USD
77.00
01/21/22
107,775‌
Royal
Dutch
Shell
plc,
Cl.
A
Morgan
Stanley
330‌
GBP
5,461,500‌
GBp
1500.00
10/15/21
707,073‌
Royal
Dutch
Shell
plc,
Cl.
A
Morgan
Stanley
444‌
GBP
7,348,200‌
GBp
1400.00
12/17/21
1,528,812‌
Royal
Dutch
Shell
plc,
Cl.
A
Morgan
Stanley
290‌
GBP
4,799,500‌
GBp
1600.00
01/21/22
483,431‌
Royal
Dutch
Shell
plc,
Cl.
A
Morgan
Stanley
310‌
GBP
5,130,500‌
GBp
1500.00
02/18/22
758,833‌
Royal
Gold
Inc.
Pershing
LLC
350‌
USD
3,342,150‌
USD
115.00
12/17/21
33,048‌
Schlumberger
NV
Pershing
LLC
1,230‌
USD
3,645,720‌
USD
32.50
12/17/21
197,224‌
Schlumberger
NV
Pershing
LLC
1,000‌
USD
2,964,000‌
USD
35.00
01/21/22
124,881‌
Schlumberger
NV
Pershing
LLC
1,170‌
USD
3,467,880‌
USD
30.00
03/18/22
425,754‌
SSR
Mining
Inc.
Pershing
LLC
1,765‌
USD
2,568,075‌
USD
20.00
11/19/21
6,433‌
SSR
Mining
Inc.
Pershing
LLC
2,000‌
USD
2,910,000‌
USD
19.00
01/21/22
49,567‌
Suncor
Energy
Inc.
Pershing
LLC
655‌
USD
1,358,470‌
USD
21.50
11/19/21
67,473‌
Suncor
Energy
Inc.
Pershing
LLC
570‌
USD
1,182,180‌
USD
21.50
12/17/21
71,297‌
Suncor
Energy
Inc.
Pershing
LLC
570‌
USD
1,182,180‌
USD
21.50
01/21/22
87,688‌
Sunoco
LP
Pershing
LLC
300‌
USD
1,119,600‌
USD
35.00
11/19/21
63,192‌
Sunoco
LP
Pershing
LLC
300‌
USD
1,119,600‌
USD
35.00
12/17/21
71,711‌
Sunoco
LP
Pershing
LLC
300‌
USD
1,119,600‌
USD
35.00
01/21/22
80,426‌
The
Williams
Companies
Inc.
Pershing
LLC
1,060‌
USD
2,749,640‌
USD
27.00
11/19/21
67,779‌
The
Williams
Companies
Inc.
Pershing
LLC
1,000‌
USD
2,594,000‌
USD
27.00
12/17/21
66,857‌
5
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
September
30,
2021
(Unaudited)
Description
Counterparty
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
The
Williams
Companies
Inc.
Pershing
LLC
1,020‌
USD
2,645,880‌
USD
27.00
01/21/22
$
91,556‌
TotalEnergies
SE,
ADR
Pershing
LLC
1,473‌
USD
7,060,089‌
USD
45.00
11/19/21
542,676‌
TotalEnergies
SE,
ADR
Pershing
LLC
1,100‌
USD
5,272,300‌
USD
45.00
12/17/21
442,194‌
TotalEnergies
SE,
ADR
Pershing
LLC
1,287‌
USD
6,168,591‌
USD
47.00
01/21/22
342,681‌
Valero
Energy
Corp.
Pershing
LLC
370‌
USD
2,611,090‌
USD
68.00
11/19/21
182,717‌
Valero
Energy
Corp.
Pershing
LLC
370‌
USD
2,611,090‌
USD
80.00
12/17/21
57,371‌
Valero
Energy
Corp.
Pershing
LLC
430‌
USD
3,034,510‌
USD
70.00
02/18/22
245,157‌
VanEck
Vectors
Gold
Miners
ETF
Pershing
LLC
2,625‌
USD
7,735,875‌
USD
34.00
02/18/22
166,753‌
Wheaton
Precious
Metals
Corp.
Pershing
LLC
1,028‌
USD
3,863,224‌
USD
44.00
11/19/21
42,083‌
Wheaton
Precious
Metals
Corp.
Pershing
LLC
1,750‌
USD
6,576,500‌
USD
47.00
01/21/22
99,245‌
Wheaton
Precious
Metals
Corp.
Pershing
LLC
1,567‌
USD
5,888,786‌
USD
42.00
02/18/22
256,830‌
Yamana
Gold
Inc.
Pershing
LLC
2,750‌
USD
1,089,000‌
USD
4.00
12/17/21
73,590‌
Yamana
Gold
Inc.
Pershing
LLC
2,750‌
USD
1,089,000‌
USD
4.50
01/21/22
53,379‌
TOTAL
OTC
CALL
OPTIONS
WRITTEN
$
26,178,447‌
OTC
Put
Options
Written
—
(0.1)%
Energy
Select
Sector
SPDR
ETF
Pershing
LLC
2,000‌
USD
10,418,000‌
USD
41.00
01/21/22
$
132,893‌
iShares
Global
Clean
Energy
ETF
Pershing
LLC
1,000‌
USD
2,165,000‌
USD
21.00
12/17/21
69,816‌
NextEra
Energy
Partners
LP
Pershing
LLC
220‌
USD
1,657,920‌
USD
72.50
12/17/21
54,559‌
VanEck
Vectors
Gold
Miners
ETF
Pershing
LLC
4,000‌
USD
11,788,000‌
USD
26.00
02/18/22
456,260‌
TOTAL
OTC
PUT
OPTIONS
WRITTEN
$
713,528‌
Description
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Exchange
Traded
Call
Options
Written
—
(0.6)%
Dundee
Precious
Metals
Inc.
4,250‌
CAD
3,238,500‌
CAD
8.25
12/17/21
$
100,663‌
Eldorado
Gold
Corp.
2,200‌
USD
1,700,600‌
USD
13.00
01/21/22
33,000‌
Eldorado
Gold
Corp.
1,650‌
USD
1,275,450‌
USD
10.00
04/14/22
74,250‌
Endeavour
Mining
Corp.
3,400‌
CAD
7,646,600‌
CAD
32.00
11/19/21
120,796‌
Endeavour
Mining
plc
3,088‌
CAD
8,803,888‌
CAD
30.00
12/17/21
304,753‌
Endeavour
Mining
plc
3,400‌
CAD
9,693,400‌
CAD
33.00
01/21/22
214,748‌
Energy
Select
Sector
SPDR
ETF
305‌
USD
1,588,745‌
USD
49.00
03/18/22
181,475‌
Franco-Nevada
Corp.
240‌
USD
3,117,840‌
USD
150.00
10/15/21
4,080‌
Franco-Nevada
Corp.
700‌
USD
9,093,700‌
USD
150.00
11/19/21
63,000‌
Franco-Nevada
Corp.
240‌
USD
3,117,840‌
USD
135.00
01/21/22
147,600‌
Franco-Nevada
Corp.
725‌
USD
9,418,475‌
USD
150.00
01/21/22
174,000‌
Freeport-McMoRan
Inc.
1,700‌
USD
5,530,100‌
USD
35.00
10/15/21
76,500‌
Freeport-McMoRan
Inc.
2,100‌
USD
6,831,300‌
USD
35.00
12/17/21
390,600‌
Freeport-McMoRan
Inc.
2,700‌
USD
8,783,100‌
USD
35.00
01/21/22
629,100‌
Halliburton
Co.
1,100‌
USD
2,378,200‌
USD
22.00
11/19/21
154,000‌
K92
Mining
Inc.
4,200‌
CAD
2,557,800‌
CAD
9.00
12/17/21
34,818‌
OceanaGold
Corp.
9,500‌
CAD
1,966,500‌
CAD
3.00
12/17/21
56,253‌
OceanaGold
Corp.
9,500‌
CAD
1,966,500‌
CAD
2.50
02/18/22
157,508‌
Osisko
Gold
Royalties
Ltd.
2,000‌
CAD
2,846,000‌
CAD
17.50
11/19/21
15,001‌
Pioneer
Natural
Resources
Co.
65‌
USD
1,082,315‌
USD
160.00
10/15/21
62,205‌
Pioneer
Natural
Resources
Co.
65‌
USD
1,082,315‌
USD
160.00
12/17/21
97,500‌
Pretium
Resources
Inc.
2,300‌
USD
2,217,200‌
USD
11.00
10/15/21
23,000‌
Pretium
Resources
Inc.
2,300‌
USD
2,217,200‌
USD
11.00
12/17/21
80,500‌
Pretium
Resources
Inc.
2,300‌
USD
2,217,200‌
USD
11.00
01/21/22
109,250‌
VanEck
Vectors
Gold
Miners
ETF
2,625‌
USD
7,735,875‌
USD
31.00
11/19/21
212,625‌
VanEck
Vectors
Gold
Miners
ETF
2,870‌
USD
8,457,890‌
USD
34.00
01/21/22
175,070‌
Victoria
Gold
Corp.
1,250‌
CAD
1,883,750‌
CAD
17.00
01/21/22
88,820‌
6
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
September
30,
2021
(Unaudited)
Description
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Victoria
Gold
Corp.
1,250‌
CAD
1,883,750‌
CAD
17.00
03/18/22
$
130,763‌
Wesdome
Gold
Mines
Ltd.
3,600‌
CAD
3,654,000‌
CAD
12.00
10/15/21
5,685‌
Wesdome
Gold
Mines
Ltd.
3,600‌
CAD
3,654,000‌
CAD
14.00
12/17/21
9,948‌
TOTAL
EXCHANGE
TRADED
CALL
OPTIONS
WRITTEN
$
3,927,511‌
Exchange
Traded
Put
Options
Written
—
(0.2)%
Energy
Select
Sector
SPDR
ETF
1,400‌
USD
7,292,600‌
USD
47.00
12/17/21
$
182,000‌
Energy
Select
Sector
SPDR
ETF
850‌
USD
4,427,650‌
USD
40.00
03/18/22
83,300‌
iShares
Global
Clean
Energy
ETF
865‌
USD
1,872,725‌
USD
19.00
10/15/21
4,325‌
iShares
Global
Clean
Energy
ETF
1,000‌
USD
2,165,000‌
USD
21.00
01/21/22
90,000‌
NextEra
Energy
Partners
LP
220‌
USD
1,657,920‌
USD
65.00
10/15/21
6,600‌
NextEra
Energy
Partners
LP
200‌
USD
1,507,200‌
USD
70.00
01/21/22
56,000‌
VanEck
Vectors
Gold
Miners
ETF
4,500‌
USD
13,261,500‌
USD
30.00
12/17/21
891,000‌
VanEck
Vectors
Gold
Miners
ETF
4,000‌
USD
11,788,000‌
USD
27.00
01/21/22
428,000‌
TOTAL
EXCHANGE
TRADED
PUT
OPTIONS
WRITTEN
$
1,741,225‌
TOTAL
OPTIONS
WRITTEN
$
32,560,711‌