NPORT-EX 2 GB40GABELLI09302022.htm
1
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
—
September
30,
2022
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
 —
77.1%
Energy
and
Energy
Services
 —
34.9%
76,100‌
APA
Corp.
......................
$
2,601,859‌
165,000‌
Baker
Hughes
Co.
.................
3,458,400‌
319,000‌
BP
plc,
ADR(a)
...................
9,107,450‌
176,048‌
Chevron
Corp.(a)
.................
25,292,816‌
120,500‌
ConocoPhillips(a)
.................
12,331,970‌
131,100‌
Coterra
Energy
Inc.
................
3,424,332‌
100,000‌
Devon
Energy
Corp.
...............
6,013,000‌
27,000‌
Diamondback
Energy
Inc.
...........
3,252,420‌
320,000‌
Eni
SpA
........................
3,421,551‌
72,000‌
EOG
Resources
Inc.(a)
.............
8,044,560‌
364,400‌
Exxon
Mobil
Corp.(a)
..............
31,815,764‌
157,000‌
Halliburton
Co.(a)
.................
3,865,340‌
30,000‌
Hess
Corp.
......................
3,269,700‌
312,008‌
Kinder
Morgan
Inc.(a)
..............
5,191,813‌
168,000‌
Marathon
Oil
Corp.
................
3,793,440‌
108,594‌
Marathon
Petroleum
Corp.(a)
.........
10,786,642‌
77,080‌
Occidental
Petroleum
Corp.
..........
4,736,566‌
70,500‌
ONEOK
Inc.(a)
...................
3,612,420‌
100,000‌
Phillips
66(a)
....................
8,072,000‌
44,400‌
Pioneer
Natural
Resources
Co.
........
9,613,932‌
236,500‌
Schlumberger
NV(a)
...............
8,490,350‌
289,000‌
Shell
plc,
ADR(a)
.................
14,380,640‌
144,500‌
Suncor
Energy
Inc.
................
4,067,675‌
198,500‌
The
Williams
Companies
Inc.(a)
.......
5,683,055‌
256,300‌
TotalEnergies
SE,
ADR(a)
............
11,923,076‌
77,000‌
Valero
Energy
Corp.(a)
.............
8,227,450‌
214,478,221‌
Metals
and
Mining
 —
42.2%
302,280‌
Aclara
Resources
Inc.†
.............
70,025‌
313,392‌
Agnico
Eagle
Mines
Ltd.
............
13,234,544‌
1,350,000‌
Alamos
Gold
Inc.,
Cl. A(a)
...........
10,003,500‌
582,500‌
Artemis
Gold
Inc.†
................
1,800,612‌
2,537,000‌
B2Gold
Corp.(a)
..................
8,169,140‌
1,138,519‌
Barrick
Gold
Corp.(a)
..............
17,647,045‌
334,100‌
BHP
Group
Ltd.,
ADR(a)
............
16,718,364‌
3,286,500‌
De
Grey
Mining
Ltd.†
..............
2,186,298‌
425,000‌
Dundee
Precious
Metals
Inc.
.........
1,889,094‌
620,000‌
Eldorado
Gold
Corp.†
..............
3,738,600‌
613,241‌
Endeavour
Mining
plc
..............
11,311,674‌
320,000‌
Equinox
Gold
Corp.†
...............
1,168,000‌
2,749,000‌
Evolution
Mining
Ltd.
..............
3,604,716‌
203,600‌
Franco-Nevada
Corp.(a)
.............
24,326,128‌
485,300‌
Freeport-McMoRan
Inc.(a)
...........
13,263,249‌
327,659‌
Fresnillo
plc
.....................
2,814,100‌
300,000‌
Gold
Fields
Ltd.,
ADR
..............
2,427,000‌
2,357,174‌
Gold
Road
Resources
Ltd.
...........
1,929,941‌
439,000‌
K92
Mining
Inc.†
.................
2,510,660‌
310,000‌
Karora
Resources
Inc.†
.............
639,592‌
1,161,000‌
Kinross
Gold
Corp.
................
4,365,360‌
Shares
Market
Value
420,000‌
Lundin
Gold
Inc.
..................
$
2,918,884‌
99,500‌
MAG
Silver
Corp.†
................
1,241,760‌
450,518‌
Newcrest
Mining
Ltd.
..............
4,875,901‌
548,100‌
Newmont
Corp.(a)
................
23,036,643‌
2,771,626‌
Northern
Star
Resources
Ltd.
.........
13,881,577‌
572,900‌
Osisko
Gold
Royalties
Ltd.
...........
5,832,122‌
999,900‌
Osisko
Mining
Inc.†
...............
2,236,718‌
1,969,700‌
Perseus
Mining
Ltd.
...............
1,915,076‌
295,000‌
Rio
Tinto
plc,
ADR(a)
..............
16,242,700‌
39,000‌
Royal
Gold
Inc.
...................
3,658,980‌
400,000‌
SilverCrest
Metals
Inc.†
.............
2,212,000‌
430,032‌
SSR
Mining
Inc.
..................
6,325,771‌
372,500‌
Victoria
Gold
Corp.†
...............
2,208,546‌
742,900‌
Wesdome
Gold
Mines
Ltd.†
..........
5,023,119‌
1,244,716‌
Westgold
Resources
Ltd.†
...........
664,812‌
469,950‌
Wheaton
Precious
Metals
Corp.(a)
.....
15,207,582‌
1,843,500‌
Yamana
Gold
Inc.
.................
8,351,055‌
259,650,888‌
TOTAL
COMMON
STOCKS
.........
474,129,109‌
EXCHANGE
TRADED
FUNDS
 —
0.4%
Agriculture
 —
0.4%
27,800‌
VanEck
Vectors
Agribusiness
ETF(a)
....
2,242,904‌
Principal
Amount
CONVERTIBLE
CORPORATE
BONDS
 —
0.4%
Metals
and
Mining
 —
0.4%
$
1,300,000‌
Fortuna
Silver
Mines
Inc.,
4.650%,
10/31/24
...............
1,211,990‌
2,000,000‌
Osisko
Gold
Royalties
Ltd.,
4.000%,
12/31/22
...............
1,441,373‌
2,653,363‌
TOTAL
CONVERTIBLE
CORPORATE
BONDS
....................
2,653,363‌
CORPORATE
BONDS
 —
0.7%
Metals
and
Mining
 —
0.7%
2,000,000‌
Hecla
Mining
Co.,
7.250%,
02/15/28
...............
1,859,370‌
2,000,000‌
IAMGOLD
Corp.,
5.750%,
10/15/28(b)
.............
946,998‌
1,500,000‌
New
Gold
Inc.,
7.500%,
07/15/27(b)
.............
1,187,790‌
3,994,158‌
TOTAL
CORPORATE
BONDS
........
3,994,158‌
2
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
September
30,
2022
(Unaudited)
Principal
Amount
Market
Value
U.S.
GOVERNMENT
OBLIGATIONS
 —
21.4%
$
132,142,000‌
U.S.
Treasury
Bills,
2.247%
to
3.297%††,
10/13/22
to
01/19/23(c)
....................
$
131,591,175‌
TOTAL
INVESTMENTS
BEFORE
OPTIONS
WRITTEN
AND
SECURITIES
SOLD
SHORT
—
100.0%
............
(Cost
$776,032,086)
.............
$
614,610,709‌
Shares
Market
Value
SECURITIES
SOLD
SHORT
—
(0.4)%
Agriculture
—
(0.4)%
27,800‌
VanEck
Vectors
Agribusiness
ETF
.........
$
2,242,904‌
TOTAL
SECURITIES
SOLD
SHORT
(Proceeds
received
$2,596,670)(d)
.....
$
2,242,904‌
(a)
Securities,
or
a
portion
thereof,
with
a
value
of
$165,186,887
were
deposited
with
the
broker
as
collateral
for
options
written.
(b)
Securities
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
may
be
resold
in
transactions
exempt
from
registration,
normally
to
qualified
institutional
buyers.
(c)
At
September
30,
2022,
$82,315,000
of
the
principal
amount
was
pledged
as
collateral
for
options
written.
(d)
At
September
30,
2022,
these
proceeds
are
being
held
at
Pershing
LLC.
†
Non-income
producing
security.
††
Represents
annualized
yields
at
dates
of
purchase.
ADR
American
Depositary
Receipt
Geographic
Diversification
%
of
Total
Investments
*
Market
Value
Long
Positions
North
America
......................
80.9‌
%
$
497,135,808‌
Europe
..............................
10.8‌
66,457,116‌
Asia/Pacific
.........................
7.4‌
45,776,685‌
Latin
America
.......................
0.5‌
2,814,100‌
South
Africa
.........................
0.4‌
2,427,000‌
Total
Investments
—
Long
Positions
100.0‌%
$
614,610,709‌
Short
Positions
North
America
......................
(3.7‌)
%
$
(22,407,851‌)
Europe
..............................
(0.0‌)
**
(225,954‌)
Total
Investments
—
Short
Positions
(3.7‌)%
$
(22,633,805‌)
*
Total
investments
exclude
options
written.
**
Amount
represents
greater
than
(0.05)%.
As
of
September
30,
2022,
options
written
outstanding
were
as
follows:
Description
Counterparty
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
OTC
Call
Options
Written
—
(2.0)%
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
850‌
USD
3,589,550‌
USD
55.00
11/18/22
$
35,979‌
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
500‌
USD
2,111,500‌
USD
57.00
12/16/22
27,286‌
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
320‌
USD
1,351,360‌
USD
60.00
12/16/22
12,737‌
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
380‌
USD
1,604,740‌
USD
65.00
01/20/23
18,241‌
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
400‌
USD
1,689,200‌
USD
70.00
01/20/23
12,781‌
Alamos
Gold
Inc.,
Cl.
A
Pershing
LLC
1,500‌
USD
1,111,500‌
USD
8.50
12/16/22
60,486‌
Alamos
Gold
Inc.,
Cl.
A
Pershing
LLC
3,000‌
USD
2,223,000‌
USD
10.00
12/16/22
47,749‌
Alamos
Gold
Inc.,
Cl.
A
Pershing
LLC
4,000‌
USD
2,964,000‌
USD
10.00
01/20/23
97,424‌
Alamos
Gold
Inc.,
Cl.
A
Pershing
LLC
5,000‌
USD
3,705,000‌
USD
8.50
03/17/23
375,558‌
APA
Corp.
Pershing
LLC
200‌
USD
683,800‌
USD
40.00
11/18/22
27,699‌
APA
Corp.
Pershing
LLC
310‌
USD
1,059,890‌
USD
40.00
12/16/22
64,148‌
APA
Corp.
Pershing
LLC
126‌
USD
430,794‌
USD
50.00
01/20/23
12,090‌
B2Gold
Corp.
Pershing
LLC
7,500‌
USD
2,415,000‌
USD
5.00
10/21/22
862‌
B2Gold
Corp.
Pershing
LLC
7,370‌
USD
2,373,140‌
USD
4.30
12/16/22
58,723‌
B2Gold
Corp.
Pershing
LLC
7,500‌
USD
2,415,000‌
USD
5.00
01/20/23
52,282‌
3
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
September
30,
2022
(Unaudited)
Description
Counterparty
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Baker
Hughes
Co.
Pershing
LLC
650‌
USD
1,362,400‌
USD
32.00
12/16/22
$
10,456‌
Baker
Hughes
Co.
Pershing
LLC
590‌
USD
1,236,640‌
USD
30.00
01/20/23
18,032‌
Baker
Hughes
Co.
Pershing
LLC
50‌
USD
104,800‌
USD
32.00
01/20/23
1,080‌
Baker
Hughes
Co.
Pershing
LLC
360‌
USD
754,560‌
USD
30.00
02/17/23
14,610‌
Barrick
Gold
Corp.
Pershing
LLC
3,100‌
USD
4,805,000‌
USD
25.00
10/31/22
689‌
Barrick
Gold
Corp.
Pershing
LLC
2,700‌
USD
4,185,000‌
USD
25.00
11/18/22
13,954‌
Barrick
Gold
Corp.
Pershing
LLC
2,128‌
USD
3,298,400‌
USD
19.00
12/16/22
61,400‌
Barrick
Gold
Corp.
Pershing
LLC
1,100‌
USD
1,705,000‌
USD
25.00
12/16/22
6,916‌
Barrick
Gold
Corp.
Pershing
LLC
1,905‌
USD
2,952,750‌
USD
19.00
01/20/23
84,518‌
Barrick
Gold
Corp.
Pershing
LLC
1,320‌
USD
2,046,000‌
USD
21.00
01/20/23
31,205‌
Barrick
Gold
Corp.
Pershing
LLC
1,450‌
USD
2,247,500‌
USD
22.00
02/17/23
36,028‌
BHP
Group
Ltd.,
ADR
Pershing
LLC
670‌
USD
3,352,680‌
USD
73.00
11/18/22
3,629‌
BHP
Group
Ltd.,
ADR
Pershing
LLC
670‌
USD
3,352,680‌
USD
85.00
11/18/22
841‌
BHP
Group
Ltd.,
ADR
Pershing
LLC
1,000‌
USD
5,004,000‌
USD
82.00
01/20/23
14,569‌
BHP
Group
Ltd.,
ADR
Pershing
LLC
1,000‌
USD
5,004,000‌
USD
60.00
02/17/23
171,866‌
BP
plc,
ADR
Pershing
LLC
600‌
USD
1,713,000‌
USD
32.00
11/18/22
29,264‌
BP
plc,
ADR
Pershing
LLC
1,200‌
USD
3,426,000‌
USD
32.00
12/16/22
94,223‌
BP
plc,
ADR
Pershing
LLC
790‌
USD
2,255,450‌
USD
32.50
01/20/23
79,183‌
BP
plc,
ADR
Pershing
LLC
600‌
USD
1,713,000‌
USD
30.00
02/17/23
116,065‌
Chevron
Corp.
Pershing
LLC
630‌
USD
9,051,210‌
USD
165.00
11/18/22
81,420‌
Chevron
Corp.
Pershing
LLC
600‌
USD
8,620,200‌
USD
170.00
01/20/23
178,839‌
Chevron
Corp.
Pershing
LLC
530‌
USD
7,614,510‌
USD
180.00
02/17/23
114,635‌
ConocoPhillips
Pershing
LLC
655‌
USD
6,703,270‌
USD
105.00
12/16/22
516,355‌
ConocoPhillips
Pershing
LLC
430‌
USD
4,400,620‌
USD
102.50
01/20/23
468,134‌
ConocoPhillips
Pershing
LLC
330‌
USD
3,377,220‌
USD
105.00
03/17/23
399,998‌
Coterra
Energy
Inc.
Pershing
LLC
460‌
USD
1,201,520‌
USD
30.00
10/21/22
11,888‌
Coterra
Energy
Inc.
Pershing
LLC
194‌
USD
506,728‌
USD
30.00
12/16/22
22,937‌
Coterra
Energy
Inc.
Pershing
LLC
657‌
USD
1,716,084‌
USD
32.50
01/20/23
69,530‌
Devon
Energy
Corp.
Pershing
LLC
570‌
USD
3,427,410‌
USD
60.00
10/21/22
203,323‌
Devon
Energy
Corp.
Pershing
LLC
430‌
USD
2,585,590‌
USD
60.00
12/16/22
257,991‌
Diamondback
Energy
Inc.
Pershing
LLC
125‌
USD
1,505,750‌
USD
137.70
11/18/22
39,719‌
Diamondback
Energy
Inc.
Pershing
LLC
85‌
USD
1,023,910‌
USD
137.70
02/17/23
73,174‌
Diamondback
Energy
Inc.
Pershing
LLC
60‌
USD
722,760‌
USD
140.00
03/17/23
48,690‌
Eldorado
Gold
Corp.
Pershing
LLC
1,300‌
USD
783,900‌
USD
9.00
12/16/22
14,167‌
Eni
SpA
Morgan
Stanley
300‌
EUR
1,636,500‌
EUR
12.80
11/18/22
12,460‌
Eni
SpA
Morgan
Stanley
300‌
EUR
1,636,500‌
EUR
14.00
12/16/22
6,020‌
Eni
SpA
Morgan
Stanley
300‌
EUR
1,636,500‌
EUR
12.50
02/17/23
46,394‌
EOG
Resources
Inc.
Pershing
LLC
360‌
USD
4,022,280‌
USD
113.50
01/20/23
393,716‌
EOG
Resources
Inc.
Pershing
LLC
360‌
USD
4,022,280‌
USD
118.50
02/17/23
374,204‌
Exxon
Mobil
Corp.
Pershing
LLC
600‌
USD
5,238,600‌
USD
90.00
10/21/22
132,637‌
Exxon
Mobil
Corp.
Pershing
LLC
490‌
USD
4,278,190‌
USD
95.00
10/21/22
37,771‌
Exxon
Mobil
Corp.
Pershing
LLC
650‌
USD
5,675,150‌
USD
85.00
12/16/22
491,665‌
Exxon
Mobil
Corp.
Pershing
LLC
1,254‌
USD
10,948,674‌
USD
92.00
01/20/23
672,919‌
Exxon
Mobil
Corp.
Pershing
LLC
650‌
USD
5,675,150‌
USD
105.00
02/17/23
142,744‌
Franco-Nevada
Corp.
Pershing
LLC
570‌
USD
6,810,360‌
USD
155.00
11/18/22
26,948‌
Franco-Nevada
Corp.
Pershing
LLC
93‌
USD
1,111,164‌
USD
145.00
12/16/22
18,181‌
Franco-Nevada
Corp.
Pershing
LLC
640‌
USD
7,646,720‌
USD
155.00
12/16/22
63,078‌
Freeport-McMoRan
Inc.
Pershing
LLC
1,353‌
USD
3,697,749‌
USD
40.00
10/21/22
2,213‌
Freeport-McMoRan
Inc.
Pershing
LLC
1,900‌
USD
5,192,700‌
USD
50.00
12/16/22
11,280‌
Freeport-McMoRan
Inc.
Pershing
LLC
1,600‌
USD
4,372,800‌
USD
51.00
01/20/23
25,390‌
Gold
Fields
Ltd.,
ADR
Pershing
LLC
3,000‌
USD
2,427,000‌
USD
10.50
11/18/22
44,267‌
Halliburton
Co.
Pershing
LLC
570‌
USD
1,403,340‌
USD
33.50
10/21/22
1,822‌
4
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
September
30,
2022
(Unaudited)
Description
Counterparty
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Halliburton
Co.
Pershing
LLC
477‌
USD
1,174,374‌
USD
40.00
01/20/23
$
13,033‌
Halliburton
Co.
Pershing
LLC
523‌
USD
1,287,626‌
USD
32.00
02/17/23
62,318‌
Hess
Corp.
Pershing
LLC
160‌
USD
1,743,840‌
USD
100.00
11/18/22
228,151‌
Hess
Corp.
Pershing
LLC
140‌
USD
1,525,860‌
USD
110.00
01/20/23
170,196‌
Kinder
Morgan
Inc.
Pershing
LLC
1,700‌
USD
2,828,800‌
USD
19.00
11/18/22
18,670‌
Kinder
Morgan
Inc.
Pershing
LLC
720‌
USD
1,198,080‌
USD
18.00
01/20/23
45,497‌
Kinder
Morgan
Inc.
Pershing
LLC
700‌
USD
1,164,800‌
USD
19.00
03/17/23
33,114‌
Kinross
Gold
Corp.
Pershing
LLC
6,375‌
USD
2,397,000‌
USD
6.00
12/16/22
19,309‌
Kinross
Gold
Corp.
Pershing
LLC
5,235‌
USD
1,968,360‌
USD
4.50
05/19/23
242,892‌
Marathon
Oil
Corp.
Pershing
LLC
1,680‌
USD
3,793,440‌
USD
24.00
10/21/22
128,058‌
Marathon
Petroleum
Corp.
Pershing
LLC
200‌
USD
1,986,600‌
USD
87.50
10/21/22
256,529‌
Marathon
Petroleum
Corp.
Pershing
LLC
200‌
USD
1,986,600‌
USD
100.00
10/21/22
81,482‌
Marathon
Petroleum
Corp.
Pershing
LLC
320‌
USD
3,178,560‌
USD
97.50
12/16/22
287,759‌
Newmont
Corp.
Pershing
LLC
1,630‌
USD
6,850,890‌
USD
53.00
11/18/22
53,449‌
Newmont
Corp.
Pershing
LLC
1,611‌
USD
6,771,033‌
USD
65.00
12/16/22
20,095‌
Newmont
Corp.
Pershing
LLC
1,620‌
USD
6,808,860‌
USD
55.00
01/20/23
106,877‌
Newmont
Corp.
Pershing
LLC
620‌
USD
2,605,860‌
USD
55.00
02/17/23
55,091‌
ONEOK
Inc.
Pershing
LLC
380‌
USD
1,947,120‌
USD
63.00
11/18/22
18,411‌
ONEOK
Inc.
Pershing
LLC
325‌
USD
1,665,300‌
USD
60.00
01/20/23
53,875‌
Osisko
Gold
Royalties
Ltd.
Pershing
LLC
2,000‌
USD
2,036,000‌
USD
14.00
10/21/22
8,658‌
Osisko
Gold
Royalties
Ltd.
Pershing
LLC
829‌
USD
843,922‌
USD
12.25
12/16/22
47,900‌
Osisko
Gold
Royalties
Ltd.
Pershing
LLC
1,900‌
USD
1,934,200‌
USD
14.00
01/20/23
89,041‌
Osisko
Gold
Royalties
Ltd.
Pershing
LLC
1,000‌
USD
1,018,000‌
USD
14.50
01/20/23
42,202‌
Phillips
66
Pershing
LLC
360‌
USD
2,905,920‌
USD
92.50
11/18/22
51,950‌
Phillips
66
Pershing
LLC
320‌
USD
2,583,040‌
USD
105.00
01/20/23
42,833‌
Phillips
66
Pershing
LLC
320‌
USD
2,583,040‌
USD
92.00
03/17/23
149,529‌
Pioneer
Natural
Resources
Co.
Pershing
LLC
174‌
USD
3,767,622‌
USD
280.00
12/16/22
37,800‌
Pioneer
Natural
Resources
Co.
Pershing
LLC
135‌
USD
2,923,155‌
USD
235.00
03/17/23
217,600‌
Pioneer
Natural
Resources
Co.
Pershing
LLC
135‌
USD
2,923,155‌
USD
235.00
05/19/23
260,062‌
Rio
Tinto
plc,
ADR
Pershing
LLC
500‌
USD
2,753,000‌
USD
74.30
10/21/22
784‌
Rio
Tinto
plc,
ADR
Pershing
LLC
1,000‌
USD
5,506,000‌
USD
70.00
11/18/22
29,055‌
Rio
Tinto
plc,
ADR
Pershing
LLC
500‌
USD
2,753,000‌
USD
72.00
01/20/23
41,217‌
Rio
Tinto
plc,
ADR
Pershing
LLC
950‌
USD
5,230,700‌
USD
65.00
02/17/23
220,099‌
Royal
Gold
Inc.
Pershing
LLC
130‌
USD
1,219,660‌
USD
115.00
01/20/23
26,902‌
Schlumberger
NV
Pershing
LLC
640‌
USD
2,297,600‌
USD
37.00
11/18/22
157,021‌
Schlumberger
NV
Pershing
LLC
940‌
USD
3,374,600‌
USD
40.00
12/16/22
180,556‌
Schlumberger
NV
Pershing
LLC
785‌
USD
2,818,150‌
USD
40.00
01/20/23
205,534‌
Shell
plc,
ADR
Pershing
LLC
890‌
USD
4,428,640‌
USD
58.00
12/16/22
70,281‌
Shell
plc,
ADR
Pershing
LLC
1,000‌
USD
4,976,000‌
USD
60.00
02/17/23
114,430‌
Shell
plc,
ADR
Pershing
LLC
1,000‌
USD
4,976,000‌
USD
59.00
03/17/23
165,788‌
SilverCrest
Metals
Inc.
Pershing
LLC
2,000‌
USD
1,106,000‌
USD
9.00
10/21/22
225‌
SilverCrest
Metals
Inc.
Pershing
LLC
2,000‌
USD
1,106,000‌
USD
9.35
12/16/22
9,513‌
SSR
Mining
Inc.
Pershing
LLC
1,225‌
USD
1,801,975‌
USD
23.00
01/20/23
22,956‌
SSR
Mining
Inc.
Pershing
LLC
1,800‌
USD
2,647,800‌
USD
17.00
03/17/23
230,283‌
SSR
Mining
Inc.
Pershing
LLC
1,275‌
USD
1,875,525‌
USD
17.00
05/19/23
203,985‌
Suncor
Energy
Inc.
Pershing
LLC
475‌
USD
1,337,125‌
USD
37.00
11/18/22
11,288‌
Suncor
Energy
Inc.
Pershing
LLC
495‌
USD
1,393,425‌
USD
40.00
12/16/22
11,588‌
Suncor
Energy
Inc.
Pershing
LLC
475‌
USD
1,337,125‌
USD
41.00
01/20/23
18,012‌
The
Williams
Companies
Inc.
Pershing
LLC
785‌
USD
2,247,455‌
USD
33.00
11/18/22
20,582‌
The
Williams
Companies
Inc.
Pershing
LLC
500‌
USD
1,431,500‌
USD
35.00
01/20/23
19,115‌
The
Williams
Companies
Inc.
Pershing
LLC
700‌
USD
2,004,100‌
USD
38.00
03/17/23
19,047‌
TotalEnergies
SE,
ADR
Pershing
LLC
400‌
USD
1,860,800‌
USD
55.00
10/21/22
5,326‌
5
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
September
30,
2022
(Unaudited)
Description
Counterparty
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
TotalEnergies
SE,
ADR
Pershing
LLC
893‌
USD
4,154,236‌
USD
60.00
11/18/22
$
28,138‌
TotalEnergies
SE,
ADR
Pershing
LLC
855‌
USD
3,977,460‌
USD
60.00
01/20/23
46,560‌
TotalEnergies
SE,
ADR
Pershing
LLC
415‌
USD
1,930,580‌
USD
58.00
02/17/23
44,785‌
Valero
Energy
Corp.
Pershing
LLC
145‌
USD
1,549,325‌
USD
114.00
12/16/22
96,645‌
Valero
Energy
Corp.
Pershing
LLC
135‌
USD
1,442,475‌
USD
140.00
12/16/22
17,094‌
Valero
Energy
Corp.
Pershing
LLC
270‌
USD
2,884,950‌
USD
105.00
01/20/23
343,104‌
Valero
Energy
Corp.
Pershing
LLC
220‌
USD
2,350,700‌
USD
125.00
03/17/23
156,933‌
Wesdome
Gold
Mines
Ltd.
Pershing
LLC
2,500‌
CAD
2,335,000‌
CAD
13.00
01/20/23
23,528‌
Wheaton
Precious
Metals
Corp.
Pershing
LLC
1,300‌
USD
4,206,800‌
USD
40.00
11/18/22
42,856‌
Wheaton
Precious
Metals
Corp.
Pershing
LLC
1,300‌
USD
4,206,800‌
USD
52.50
12/16/22
5,715‌
Wheaton
Precious
Metals
Corp.
Pershing
LLC
800‌
USD
2,588,800‌
USD
40.00
01/20/23
69,477‌
Wheaton
Precious
Metals
Corp.
Pershing
LLC
1,300‌
USD
4,206,800‌
USD
38.00
03/17/23
249,423‌
Yamana
Gold
Inc.
Pershing
LLC
5,425‌
USD
2,457,525‌
USD
5.50
10/21/22
14,352‌
Yamana
Gold
Inc.
Pershing
LLC
6,500‌
USD
2,944,500‌
USD
5.50
12/16/22
142,577‌
Yamana
Gold
Inc.
Pershing
LLC
1,510‌
USD
684,030‌
USD
5.50
01/20/23
39,792‌
TOTAL
OTC
CALL
OPTIONS
WRITTEN
$
12,644,029‌
OTC
Put
Options
Written
—
(0.2)%
Energy
Select
Sector
SPDR
ETF
Pershing
LLC
860‌
USD
6,193,720‌
USD
66.00
11/30/22
$
228,496‌
Energy
Select
Sector
SPDR
ETF
Pershing
LLC
800‌
USD
5,761,600‌
USD
63.00
02/17/23
296,620‌
Fresnillo
plc
Morgan
Stanley
250‌
GBP
1,923,000‌
GBp
600.00
12/16/22
53,776‌
VanEck
Vectors
Agribusiness
ETF
Pershing
LLC
400‌
USD
3,227,200‌
USD
94.00
01/20/23
603,736‌
VanEck
Vectors
Agribusiness
ETF
Pershing
LLC
230‌
USD
1,855,640‌
USD
79.00
03/17/23
126,088‌
TOTAL
OTC
PUT
OPTIONS
WRITTEN
$
1,308,716‌
Description
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Exchange
Traded
Call
Options
Written
—
(0.4)%
Dundee
Precious
Metals
Inc.
2,125‌
CAD
1,304,750‌
CAD
9.50
12/16/22
$
9,230‌
Dundee
Precious
Metals
Inc.
2,125‌
CAD
1,304,750‌
CAD
7.00
01/20/23
48,458‌
Eldorado
Gold
Corp.
4,000‌
USD
2,412,000‌
USD
10.00
01/20/23
40,000‌
Endeavour
Mining
plc
1,270‌
CAD
3,235,960‌
CAD
33.00
12/16/22
12,412‌
Endeavour
Mining
plc
1,270‌
CAD
3,235,960‌
CAD
35.00
12/16/22
8,734‌
Endeavour
Mining
plc
2,400‌
CAD
6,115,200‌
CAD
33.00
01/20/23
52,992‌
Endeavour
Mining
plc
1,190‌
CAD
3,032,120‌
CAD
34.00
03/17/23
33,167‌
Energy
Select
Sector
SPDR
ETF
575‌
USD
4,141,150‌
USD
78.00
12/16/22
182,850‌
Energy
Select
Sector
SPDR
ETF
1,000‌
USD
7,202,000‌
USD
79.00
01/20/23
365,000‌
Energy
Select
Sector
SPDR
ETF
1,000‌
USD
7,202,000‌
USD
79.00
03/17/23
489,000‌
Equinox
Gold
Corp.
3,211‌
USD
1,172,015‌
USD
10.00
01/20/23
16,055‌
Franco-Nevada
Corp.
140‌
USD
1,672,720‌
USD
145.00
01/20/23
39,200‌
Franco-Nevada
Corp.
593‌
USD
7,085,164‌
USD
155.00
01/20/23
91,915‌
K92
Mining
Inc.
4,390‌
CAD
3,468,100‌
CAD
11.00
11/18/22
27,013‌
Marathon
Petroleum
Corp.
365‌
USD
3,625,545‌
USD
97.50
01/20/23
412,450‌
Occidental
Petroleum
Corp.
260‌
USD
1,597,700‌
USD
60.00
12/16/22
184,600‌
Occidental
Petroleum
Corp.
250‌
USD
1,536,250‌
USD
72.50
01/20/23
90,000‌
VanEck
Vectors
Gold
Miners
ETF
2,200‌
USD
5,306,400‌
USD
31.00
12/16/22
72,600‌
Victoria
Gold
Corp.
1,350‌
CAD
1,105,650‌
CAD
20.00
12/16/22
4,398‌
Victoria
Gold
Corp.
1,350‌
CAD
1,105,650‌
CAD
17.50
02/17/23
9,284‌
Wesdome
Gold
Mines
Ltd.
2,180‌
CAD
2,036,120‌
CAD
15.00
12/16/22
5,524‌
Yamana
Gold
Inc.
5,000‌
USD
2,265,000‌
USD
6.00
01/20/23
90,000‌
TOTAL
EXCHANGE
TRADED
CALL
OPTIONS
WRITTEN
$
2,284,882‌
6
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
September
30,
2022
(Unaudited)
Description
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Exchange
Traded
Put
Options
Written
—
(0.7)%
Energy
Select
Sector
SPDR
ETF
667‌
USD
4,803,734‌
USD
65.00
10/21/22
$
58,029‌
Energy
Select
Sector
SPDR
ETF
885‌
USD
6,373,770‌
USD
66.00
01/20/23
349,575‌
NextEra
Energy
Partners
LP
250‌
USD
1,807,750‌
USD
70.00
10/21/22
46,875‌
NextEra
Energy
Partners
LP
250‌
USD
1,807,750‌
USD
65.00
12/16/22
58,125‌
SPDR
S&P
500
ETF
Trust
65‌
USD
2,321,670‌
USD
385.00
10/21/22
177,190‌
SPDR
S&P
500
ETF
Trust
70‌
USD
2,500,260‌
USD
375.00
11/18/22
157,500‌
SPDR
S&P
500
ETF
Trust
65‌
USD
2,321,670‌
USD
380.00
01/20/23
208,000‌
SPDR
S&P
500
ETF
Trust
100‌
USD
3,571,800‌
USD
400.00
03/17/23
479,600‌
Utilities
Select
Sector
SPDR
Fund
400‌
USD
2,620,400‌
USD
68.00
12/16/22
166,000‌
Utilities
Select
Sector
SPDR
Fund
300‌
USD
1,965,300‌
USD
72.00
12/16/22
196,200‌
Utilities
Select
Sector
SPDR
Fund
1,155‌
USD
7,566,405‌
USD
65.00
01/20/23
381,150‌
Utilities
Select
Sector
SPDR
Fund
880‌
USD
5,764,880‌
USD
63.00
03/17/23
268,400‌
VanEck
Vectors
Agribusiness
ETF
225‌
USD
1,815,300‌
USD
83.00
02/17/23
148,500‌
VanEck
Vectors
Gold
Miners
ETF
16‌
USD
38,592‌
USD
31.00
10/21/22
11,080‌
VanEck
Vectors
Gold
Miners
ETF
2,000‌
USD
4,824,000‌
USD
22.00
01/20/23
266,000‌
VanEck
Vectors
Gold
Miners
ETF
2,000‌
USD
4,824,000‌
USD
28.00
01/20/23
1,000,000‌
VanEck
Vectors
Gold
Miners
ETF
355‌
USD
856,260‌
USD
28.00
03/17/23
181,050‌
TOTAL
EXCHANGE
TRADED
PUT
OPTIONS
WRITTEN
$
4,153,274‌
TOTAL
OPTIONS
WRITTEN
$
20,390,901‌