NPORT-EX 2 GB40GB033123.htm
1
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
—
March
31,
2023
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
 —
81.7%
Energy
and
Energy
Services
 —
31.2%
40,100‌
APA
Corp.(a)
....................
$
1,446,006‌
169,000‌
Baker
Hughes
Co.
.................
4,877,340‌
240,000‌
BP
plc,
ADR(a)
...................
9,105,600‌
151,548‌
Chevron
Corp.(a)
.................
24,726,572‌
100,000‌
ConocoPhillips(a)
.................
9,921,000‌
131,100‌
Coterra
Energy
Inc.(a)
..............
3,217,194‌
114,000‌
Devon
Energy
Corp.
...............
5,769,540‌
32,500‌
Diamondback
Energy
Inc.
...........
4,393,025‌
339,000‌
Eni
SpA
........................
4,744,833‌
81,000‌
EOG
Resources
Inc.(a)
.............
9,285,030‌
345,000‌
Exxon
Mobil
Corp.(a)
..............
37,832,700‌
150,000‌
Halliburton
Co.(a)
.................
4,746,000‌
26,500‌
Hess
Corp.
......................
3,507,010‌
320,008‌
Kinder
Morgan
Inc.(a)
..............
5,603,340‌
168,000‌
Marathon
Oil
Corp.
................
4,025,280‌
81,094‌
Marathon
Petroleum
Corp.(a)
.........
10,933,904‌
74,780‌
Occidental
Petroleum
Corp.(a)
........
4,668,515‌
74,500‌
ONEOK
Inc.
.....................
4,733,730‌
66,000‌
Phillips
66(a)
....................
6,691,080‌
44,400‌
Pioneer
Natural
Resources
Co.(a)
......
9,068,256‌
218,000‌
Schlumberger
NV(a)
...............
10,703,800‌
281,500‌
Shell
plc,
ADR(a)
.................
16,197,510‌
144,500‌
Suncor
Energy
Inc.(a)
..............
4,486,725‌
183,500‌
The
Williams
Companies
Inc.(a)
.......
5,479,310‌
190,300‌
TotalEnergies
SE,
ADR(a)
............
11,237,215‌
59,500‌
Valero
Energy
Corp.(a)
.............
8,306,200‌
225,706,715‌
Metals
and
Mining
 —
50.5%
313,392‌
Agnico
Eagle
Mines
Ltd.(a)
..........
15,973,590‌
1,155,000‌
Alamos
Gold
Inc.,
Cl. A(a)
...........
14,125,650‌
582,500‌
Artemis
Gold
Inc.†
................
1,930,892‌
2,537,000‌
B2Gold
Corp.(a)
..................
9,995,780‌
1,138,519‌
Barrick
Gold
Corp.(a)
..............
21,142,298‌
320,100‌
BHP
Group
Ltd.,
ADR(a)
............
20,297,541‌
3,286,500‌
De
Grey
Mining
Ltd.†
..............
3,405,134‌
425,000‌
Dundee
Precious
Metals
Inc.
.........
3,100,629‌
824,000‌
Eldorado
Gold
Corp.†(a)
............
8,536,640‌
813,241‌
Endeavour
Mining
plc
..............
19,598,416‌
2,749,000‌
Evolution
Mining
Ltd.
..............
5,733,215‌
197,400‌
Franco-Nevada
Corp.(a)
.............
28,780,920‌
523,300‌
Freeport-McMoRan
Inc.(a)
...........
21,408,203‌
327,659‌
Fresnillo
plc
.....................
3,015,333‌
110,000‌
Gold
Fields
Ltd.,
ADR
..............
1,465,200‌
1,360,500‌
K92
Mining
Inc.†
.................
7,731,143‌
310,000‌
Karora
Resources
Inc.†
.............
1,041,362‌
2,236,000‌
Kinross
Gold
Corp.
................
10,531,560‌
420,000‌
Lundin
Gold
Inc.
..................
4,903,885‌
207,500‌
MAG
Silver
Corp.†
................
2,629,025‌
657,518‌
Newcrest
Mining
Ltd.
..............
11,801,056‌
Shares
Market
Value
548,100‌
Newmont
Corp.(a)
................
$
26,867,862‌
2,771,626‌
Northern
Star
Resources
Ltd.
.........
22,806,656‌
699,900‌
Osisko
Gold
Royalties
Ltd.
...........
11,072,418‌
1,399,900‌
Osisko
Mining
Inc.†
...............
4,453,992‌
1,969,700‌
Perseus
Mining
Ltd.
...............
3,133,617‌
300,000‌
Rio
Tinto
plc,
ADR(a)
..............
20,580,000‌
47,500‌
Royal
Gold
Inc.
...................
6,161,225‌
924,032‌
SSR
Mining
Inc.
..................
13,971,364‌
835,100‌
Victoria
Gold
Corp.†
...............
5,536,438‌
742,900‌
Wesdome
Gold
Mines
Ltd.†
..........
4,254,566‌
1,244,716‌
Westgold
Resources
Ltd.†
...........
1,089,960‌
521,950‌
Wheaton
Precious
Metals
Corp.(a)
.....
25,137,112‌
542,500‌
Yamana
Gold
Inc.
.................
3,173,625‌
365,386,307‌
TOTAL
COMMON
STOCKS
.........
591,093,022‌
Principal
Amount
CONVERTIBLE
CORPORATE
BONDS
 —
0.2%
Metals
and
Mining
 —
0.2%
$
1,300,000‌
Fortuna
Silver
Mines
Inc.,
4.650%,
10/31/24
...............
1,300,650‌
CORPORATE
BONDS
 —
0.9%
Metals
and
Mining
 —
0.9%
2,000,000‌
Hecla
Mining
Co.,
7.250%,
02/15/28
...............
2,022,410‌
2,000,000‌
IAMGOLD
Corp.,
5.750%,
10/15/28(b)
.............
1,547,430‌
1,500,000‌
New
Gold
Inc.,
7.500%,
07/15/27(b)
.............
1,445,235‌
1,500,000‌
Northern
Star
Resources
Ltd.,
6.125%,
04/11/33
...............
1,488,536‌
6,503,611‌
TOTAL
CORPORATE
BONDS
........
6,503,611‌
U.S.
GOVERNMENT
OBLIGATIONS
 —
17.2%
125,275,000‌
U.S.
Treasury
Bills,
4.342%
to
4.961%††,
04/20/23
to
08/17/23
......................
124,452,780‌
TOTAL
INVESTMENTS
BEFORE
OPTIONS
WRITTEN
—
100.0%
...........
(Cost
$792,492,741)
.............
$
723,350,063‌
2
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
March
31,
2023
(Unaudited)
(a)
Securities,
or
a
portion
thereof,
with
a
value
of
$251,763,704
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.
†
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
......................
78.5‌
%
$
567,650,240‌
Europe
..............................
11.3‌
81,463,574‌
Asia/Pacific
.........................
9.6‌
69,755,716‌
Latin
America
.......................
0.4‌
3,015,333‌
South
Africa
.........................
0.2‌
1,465,200‌
Total
Investments
—
Long
Positions
100.0‌%
$
723,350,063‌
Short
Positions
North
America
......................
(3.9‌)
%
$
(27,993,971‌)
Europe
..............................
(0.1‌)
(1,092,003‌)
Total
Investments
—
Short
Positions
(4.0‌)%
$
(29,085,974‌)
*
Total
investments
exclude
options
written.
As
of
March
31,
2023,
options
written
outstanding
were
as
follows:
Description
Counterparty
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
OTC
Call
Options
Written
—
(3.2)%
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
767‌
USD
3,909,399‌
USD
54.00
04/21/23
$
52,887‌
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
767‌
USD
3,909,399‌
USD
64.00
05/19/23
23,166‌
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
780‌
USD
3,975,660‌
USD
63.00
06/29/23
56,162‌
Agnico
Eagle
Mines
Ltd.
Pershing
LLC
820‌
USD
4,179,540‌
USD
63.50
08/18/23
108,510‌
Alamos
Gold
Inc.,
Cl.
A
Pershing
LLC
3,000‌
USD
3,669,000‌
USD
10.00
06/16/23
746,370‌
Alamos
Gold
Inc.,
Cl.
A
Pershing
LLC
4,250‌
USD
5,197,750‌
USD
11.00
08/18/23
855,673‌
APA
Corp.
Pershing
LLC
150‌
USD
540,900‌
USD
50.00
05/19/23
1,519‌
B2Gold
Corp.
Pershing
LLC
8,500‌
USD
3,349,000‌
USD
5.00
05/19/23
50,263‌
B2Gold
Corp.
Pershing
LLC
8,500‌
USD
3,349,000‌
USD
4.50
07/21/23
198,812‌
B2Gold
Corp.
Pershing
LLC
8,370‌
USD
3,297,780‌
USD
5.00
10/20/23
251,280‌
Baker
Hughes
Co.
Pershing
LLC
560‌
USD
1,616,160‌
USD
37.00
04/21/23
770‌
Baker
Hughes
Co.
Pershing
LLC
550‌
USD
1,587,300‌
USD
34.00
06/16/23
22,313‌
Baker
Hughes
Co.
Pershing
LLC
580‌
USD
1,673,880‌
USD
35.00
08/18/23
43,106‌
Barrick
Gold
Corp.
Pershing
LLC
3,482‌
USD
6,466,074‌
USD
18.00
06/16/23
531,502‌
Barrick
Gold
Corp.
Pershing
LLC
1,147‌
USD
2,129,979‌
USD
21.00
07/21/23
78,507‌
Barrick
Gold
Corp.
Pershing
LLC
1,450‌
USD
2,692,650‌
USD
19.00
08/18/23
221,840‌
Barrick
Gold
Corp.
Pershing
LLC
2,086‌
USD
3,873,702‌
USD
22.00
08/18/23
133,364‌
Barrick
Gold
Corp.
Pershing
LLC
3,220‌
USD
5,979,540‌
USD
24.00
09/15/23
148,348‌
BHP
Group
Ltd.,
ADR
Pershing
LLC
1,200‌
USD
7,609,200‌
USD
65.00
05/19/23
261,246‌
BHP
Group
Ltd.,
ADR
Pershing
LLC
1,000‌
USD
6,341,000‌
USD
72.50
07/21/23
126,754‌
BHP
Group
Ltd.,
ADR
Pershing
LLC
1,000‌
USD
6,341,000‌
USD
65.00
09/15/23
399,333‌
BP
plc,
ADR
Pershing
LLC
800‌
USD
3,035,200‌
USD
35.00
04/21/23
257,151‌
BP
plc,
ADR
Pershing
LLC
800‌
USD
3,035,200‌
USD
36.00
07/21/23
284,122‌
BP
plc,
ADR
Pershing
LLC
800‌
USD
3,035,200‌
USD
38.00
10/20/23
256,283‌
Chevron
Corp.
Pershing
LLC
470‌
USD
7,668,520‌
USD
180.00
06/16/23
87,597‌
Chevron
Corp.
Pershing
LLC
515‌
USD
8,402,740‌
USD
180.00
08/18/23
209,813‌
Chevron
Corp.
Pershing
LLC
530‌
USD
8,647,480‌
USD
180.00
10/20/23
347,704‌
ConocoPhillips
Pershing
LLC
340‌
USD
3,373,140‌
USD
120.00
05/19/23
11,110‌
Coterra
Energy
Inc.
Pershing
LLC
437‌
USD
1,072,398‌
USD
30.00
04/21/23
272‌
Coterra
Energy
Inc.
Pershing
LLC
414‌
USD
1,015,956‌
USD
31.00
07/21/23
13,235‌
Coterra
Energy
Inc.
Pershing
LLC
460‌
USD
1,128,840‌
USD
29.00
10/20/23
55,986‌
Devon
Energy
Corp.
Pershing
LLC
570‌
USD
2,884,770‌
USD
70.00
04/21/23
285‌
3
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
March
31,
2023
(Unaudited)
Description
Counterparty
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Devon
Energy
Corp.
Pershing
LLC
570‌
USD
2,884,770‌
USD
65.00
06/16/23
$
18,896‌
Diamondback
Energy
Inc.
Pershing
LLC
95‌
USD
1,284,115‌
USD
155.35
06/16/23
20,179‌
Diamondback
Energy
Inc.
Pershing
LLC
85‌
USD
1,148,945‌
USD
147.85
09/15/23
66,971‌
Diamondback
Energy
Inc.
Pershing
LLC
85‌
USD
1,148,945‌
USD
150.00
11/17/23
76,847‌
Eldorado
Gold
Corp.
Pershing
LLC
2,725‌
USD
2,823,100‌
USD
11.00
09/15/23
342,925‌
Eni
SpA
Morgan
Stanley
300‌
EUR
1,935,900‌
EUR
14.00
05/19/23
16,785‌
Eni
SpA
Morgan
Stanley
200‌
EUR
1,290,600‌
EUR
15.00
07/21/23
9,124‌
EOG
Resources
Inc.
Pershing
LLC
250‌
USD
2,865,750‌
USD
127.50
04/21/23
8,033‌
EOG
Resources
Inc.
Pershing
LLC
275‌
USD
3,152,325‌
USD
139.00
07/21/23
49,313‌
EOG
Resources
Inc.
Pershing
LLC
285‌
USD
3,266,955‌
USD
139.00
09/15/23
97,848‌
Exxon
Mobil
Corp.
Pershing
LLC
1,150‌
USD
12,610,900‌
USD
105.00
04/21/23
680,725‌
Exxon
Mobil
Corp.
Pershing
LLC
1,150‌
USD
12,610,900‌
USD
107.00
06/16/23
823,309‌
Exxon
Mobil
Corp.
Pershing
LLC
1,150‌
USD
12,610,900‌
USD
110.00
08/18/23
849,494‌
Franco-Nevada
Corp.
Pershing
LLC
733‌
USD
10,687,140‌
USD
152.50
04/21/23
145,710‌
Freeport-McMoRan
Inc.
Pershing
LLC
1,600‌
USD
6,545,600‌
USD
45.00
05/19/23
168,132‌
Freeport-McMoRan
Inc.
Pershing
LLC
1,600‌
USD
6,545,600‌
USD
43.00
07/21/23
489,415‌
Freeport-McMoRan
Inc.
Pershing
LLC
2,000‌
USD
8,182,000‌
USD
45.00
08/18/23
564,740‌
Gold
Fields
Ltd.,
ADR
Pershing
LLC
1,100‌
USD
1,465,200‌
USD
15.00
10/20/23
140,884‌
Halliburton
Co.
Pershing
LLC
430‌
USD
1,360,520‌
USD
35.00
04/21/23
10,379‌
Halliburton
Co.
Pershing
LLC
520‌
USD
1,645,280‌
USD
35.00
06/16/23
63,960‌
Halliburton
Co.
Pershing
LLC
550‌
USD
1,740,200‌
USD
43.00
07/21/23
18,563‌
Hess
Corp.
Pershing
LLC
105‌
USD
1,389,570‌
USD
140.00
05/19/23
46,655‌
Hess
Corp.
Pershing
LLC
80‌
USD
1,058,720‌
USD
155.00
07/21/23
31,930‌
Hess
Corp.
Pershing
LLC
80‌
USD
1,058,720‌
USD
155.00
09/15/23
51,060‌
Kinder
Morgan
Inc.
Pershing
LLC
1,040‌
USD
1,821,040‌
USD
20.00
05/19/23
1,680‌
Kinder
Morgan
Inc.
Pershing
LLC
1,120‌
USD
1,961,120‌
USD
20.00
07/21/23
12,817‌
Kinder
Morgan
Inc.
Pershing
LLC
1,000‌
USD
1,751,000‌
USD
19.00
08/18/23
27,390‌
Kinross
Gold
Corp.
Pershing
LLC
5,235‌
USD
2,465,685‌
USD
4.50
05/19/23
230,031‌
Kinross
Gold
Corp.
Pershing
LLC
3,300‌
USD
1,554,300‌
USD
5.50
08/18/23
98,041‌
Kinross
Gold
Corp.
Pershing
LLC
6,375‌
USD
3,002,625‌
USD
6.00
11/17/23
224,928‌
Kinross
Gold
Corp.
Pershing
LLC
7,450‌
USD
3,508,950‌
USD
5.00
01/19/24
503,791‌
Marathon
Oil
Corp.
Pershing
LLC
840‌
USD
2,012,640‌
USD
27.50
07/21/23
84,146‌
Marathon
Petroleum
Corp.
Pershing
LLC
270‌
USD
3,640,410‌
USD
112.00
04/21/23
629,142‌
Marathon
Petroleum
Corp.
Pershing
LLC
270‌
USD
3,640,410‌
USD
110.00
06/16/23
722,181‌
Marathon
Petroleum
Corp.
Pershing
LLC
270‌
USD
3,640,410‌
USD
125.00
08/18/23
472,436‌
Newmont
Corp.
Pershing
LLC
1,800‌
USD
8,823,600‌
USD
52.50
04/21/23
91,862‌
Newmont
Corp.
Pershing
LLC
1,620‌
USD
7,941,240‌
USD
65.00
06/16/23
40,805‌
Newmont
Corp.
Pershing
LLC
2,061‌
USD
10,103,022‌
USD
55.00
09/15/23
507,993‌
ONEOK
Inc.
Pershing
LLC
235‌
USD
1,493,190‌
USD
69.00
04/21/23
3,633‌
ONEOK
Inc.
Pershing
LLC
255‌
USD
1,620,270‌
USD
67.50
06/16/23
37,031‌
ONEOK
Inc.
Pershing
LLC
255‌
USD
1,620,270‌
USD
67.50
08/18/23
57,780‌
Osisko
Gold
Royalties
Ltd.
Pershing
LLC
2,000‌
USD
3,164,000‌
USD
13.50
04/21/23
477,586‌
Osisko
Gold
Royalties
Ltd.
Pershing
LLC
829‌
USD
1,311,478‌
USD
14.50
07/21/23
181,876‌
Osisko
Gold
Royalties
Ltd.
Pershing
LLC
2,270‌
USD
3,591,140‌
USD
14.00
09/15/23
642,843‌
Phillips
66
Pershing
LLC
245‌
USD
2,483,810‌
USD
105.00
05/19/23
74,327‌
Phillips
66
Pershing
LLC
265‌
USD
2,686,570‌
USD
115.00
07/21/23
68,598‌
Phillips
66
Pershing
LLC
150‌
USD
1,520,700‌
USD
105.00
09/15/23
111,980‌
Pioneer
Natural
Resources
Co.
Pershing
LLC
135‌
USD
2,757,240‌
USD
235.00
05/19/23
21,245‌
Pioneer
Natural
Resources
Co.
Pershing
LLC
174‌
USD
3,553,776‌
USD
260.00
06/16/23
12,255‌
Rio
Tinto
plc,
ADR
Pershing
LLC
500‌
USD
3,430,000‌
USD
62.50
04/21/23
329,076‌
Rio
Tinto
plc,
ADR
Pershing
LLC
500‌
USD
3,430,000‌
USD
80.00
04/21/23
2,696‌
Rio
Tinto
plc,
ADR
Pershing
LLC
500‌
USD
3,430,000‌
USD
75.00
06/16/23
75,828‌
4
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
March
31,
2023
(Unaudited)
Description
Counterparty
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Rio
Tinto
plc,
ADR
Pershing
LLC
500‌
USD
3,430,000‌
USD
80.00
06/16/23
$
30,079‌
Rio
Tinto
plc,
ADR
Pershing
LLC
1,000‌
USD
6,860,000‌
USD
80.00
07/21/23
112,200‌
Royal
Gold
Inc.
Pershing
LLC
215‌
USD
2,788,765‌
USD
130.00
07/21/23
204,854‌
Royal
Gold
Inc.
Pershing
LLC
260‌
USD
3,372,460‌
USD
132.00
09/15/23
295,492‌
Schlumberger
NV
Pershing
LLC
720‌
USD
3,535,200‌
USD
52.50
05/19/23
110,328‌
Schlumberger
NV
Pershing
LLC
730‌
USD
3,584,300‌
USD
60.00
08/18/23
109,091‌
Schlumberger
NV
Pershing
LLC
730‌
USD
3,584,300‌
USD
55.00
11/17/23
301,328‌
Shell
plc,
ADR
Pershing
LLC
890‌
USD
5,121,060‌
USD
58.00
07/21/23
298,169‌
Shell
plc,
ADR
Pershing
LLC
925‌
USD
5,322,450‌
USD
60.00
10/20/23
333,248‌
Shell
plc,
ADR
Pershing
LLC
500‌
USD
2,877,000‌
USD
62.50
01/19/24
177,739‌
SSR
Mining
Inc.
Pershing
LLC
1,500‌
USD
2,268,000‌
USD
17.00
04/21/23
14,628‌
SSR
Mining
Inc.
Pershing
LLC
1,275‌
USD
1,927,800‌
USD
17.00
05/19/23
51,342‌
SSR
Mining
Inc.
Pershing
LLC
1,805‌
USD
2,729,160‌
USD
20.00
05/19/23
15,624‌
SSR
Mining
Inc.
Pershing
LLC
1,900‌
USD
2,872,800‌
USD
18.00
06/16/23
66,970‌
Suncor
Energy
Inc.
Pershing
LLC
475‌
USD
1,474,875‌
USD
37.00
06/16/23
12,825‌
Suncor
Energy
Inc.
Pershing
LLC
495‌
USD
1,536,975‌
USD
40.00
08/18/23
16,426‌
The
Williams
Companies
Inc.
Pershing
LLC
500‌
USD
1,493,000‌
USD
35.00
04/21/23
72‌
The
Williams
Companies
Inc.
Pershing
LLC
635‌
USD
1,896,110‌
USD
35.00
05/19/23
2,619‌
TotalEnergies
SE,
ADR
Pershing
LLC
400‌
USD
2,362,000‌
USD
58.00
04/21/23
87,635‌
TotalEnergies
SE,
ADR
Pershing
LLC
893‌
USD
5,273,165‌
USD
60.00
05/19/23
190,282‌
TotalEnergies
SE,
ADR
Pershing
LLC
610‌
USD
3,602,050‌
USD
60.00
06/16/23
174,836‌
Valero
Energy
Corp.
Pershing
LLC
135‌
USD
1,884,600‌
USD
132.50
06/16/23
187,191‌
Valero
Energy
Corp.
Pershing
LLC
220‌
USD
3,071,200‌
USD
132.50
09/15/23
403,923‌
Valero
Energy
Corp.
Pershing
LLC
240‌
USD
3,350,400‌
USD
135.00
11/17/23
461,659‌
Wheaton
Precious
Metals
Corp.
Pershing
LLC
765‌
USD
3,684,240‌
USD
43.00
06/16/23
499,298‌
Wheaton
Precious
Metals
Corp.
Pershing
LLC
535‌
USD
2,576,560‌
USD
50.00
06/16/23
129,945‌
Wheaton
Precious
Metals
Corp.
Pershing
LLC
1,860‌
USD
8,957,760‌
USD
41.00
09/15/23
1,732,046‌
Wheaton
Precious
Metals
Corp.
Pershing
LLC
760‌
USD
3,660,160‌
USD
52.50
11/17/23
310,046‌
Yamana
Gold
Inc.
Pershing
LLC
5,425‌
USD
3,173,625‌
USD
5.50
04/21/23
248,089‌
TOTAL
OTC
CALL
OPTIONS
WRITTEN
$
22,949,141‌
OTC
Put
Options
Written
—
(0.0)%
NextEra
Energy
Partners
LP
Pershing
LLC
180‌
USD
1,093,500‌
USD
67.50
05/31/23
$
151,078‌
VanEck
Agribusiness
ETF
Pershing
LLC
300‌
USD
2,605,800‌
USD
87.00
06/16/23
91,991‌
TOTAL
OTC
PUT
OPTIONS
WRITTEN
$
243,069‌
Description
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Exchange
Traded
Call
Options
Written
—
(0.6)%
Alamos
Gold
Inc.,
Cl.
A
4,300‌
USD
5,258,900‌
USD
12.50
01/19/24
$
778,300‌
ConocoPhillips
330‌
USD
3,273,930‌
USD
130.00
08/18/23
33,000‌
Dundee
Precious
Metals
Inc.
2,125‌
CAD
2,095,250‌
CAD
8.50
06/16/23
251,572‌
Dundee
Precious
Metals
Inc.
2,125‌
CAD
2,095,250‌
CAD
8.50
08/18/23
279,088‌
Eldorado
Gold
Corp.
2,590‌
USD
2,683,240‌
USD
11.00
05/19/23
129,500‌
Eldorado
Gold
Corp.
2,725‌
USD
2,823,100‌
USD
11.00
07/21/23
226,175‌
Endeavour
Mining
plc
3,030‌
CAD
9,868,710‌
CAD
33.00
05/19/23
274,639‌
Endeavour
Mining
plc
2,400‌
CAD
7,816,800‌
CAD
36.00
09/15/23
229,079‌
Endeavour
Mining
plc
2,700‌
CAD
8,793,900‌
CAD
34.00
12/15/23
562,375‌
Franco-Nevada
Corp.
593‌
USD
8,645,940‌
USD
160.00
07/21/23
323,185‌
Franco-Nevada
Corp.
648‌
USD
9,447,840‌
USD
165.00
10/20/23
505,440‌
K92
Mining
Inc.
3,840‌
CAD
2,949,120‌
CAD
9.00
09/15/23
133,540‌
Lundin
Gold
Inc.
2,940‌
CAD
4,639,320‌
CAD
15.50
05/19/23
222,974‌
5
GAMCO
Global
Gold,
Natural
Resources
&
Income
Trust
Schedule
of
Investments
(Continued)
—
March
31,
2023
(Unaudited)
Description
Number
of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Market
Value
Lundin
Gold
Inc.
1,250‌
CAD
1,972,500‌
CAD
16.00
07/21/23
$
117,925‌
Occidental
Petroleum
Corp.
260‌
USD
1,623,180‌
USD
75.00
04/21/23
1,040‌
Occidental
Petroleum
Corp.
237‌
USD
1,479,591‌
USD
72.50
06/16/23
26,781‌
Occidental
Petroleum
Corp.
250‌
USD
1,560,750‌
USD
72.50
08/18/23
58,250‌
Osisko
Gold
Royalties
Ltd.
1,900‌
USD
3,005,800‌
USD
15.00
07/21/23
332,500‌
Osisko
Mining
Inc.
4,000‌
CAD
1,720,000‌
CAD
5.00
09/15/23
91,750‌
Victoria
Gold
Corp.
2,476‌
CAD
2,218,496‌
CAD
14.00
07/21/23
25,649‌
TOTAL
EXCHANGE
TRADED
CALL
OPTIONS
WRITTEN
$
4,602,762‌
Exchange
Traded
Put
Options
Written
—
(0.2)%
Energy
Select
Sector
SPDR
ETF
782‌
USD
6,477,306‌
USD
76.00
05/19/23
$
86,802‌
Energy
Select
Sector
SPDR
ETF
800‌
USD
6,626,400‌
USD
72.00
06/16/23
85,200‌
Energy
Select
Sector
SPDR
ETF
860‌
USD
7,123,380‌
USD
70.00
10/20/23
213,280‌
NextEra
Energy
Partners
LP
125‌
USD
759,375‌
USD
65.00
04/21/23
64,500‌
NextEra
Energy
Partners
LP
180‌
USD
1,093,500‌
USD
65.00
07/21/23
125,100‌
SPDR
S&P
500
ETF
Trust
65‌
USD
2,661,035‌
USD
385.00
04/21/23
6,955‌
SPDR
S&P
500
ETF
Trust
240‌
USD
9,825,360‌
USD
372.00
05/19/23
48,240‌
SPDR
S&P
500
ETF
Trust
200‌
USD
8,187,800‌
USD
375.00
06/16/23
85,400‌
SPDR
S&P
500
ETF
Trust
100‌
USD
4,093,900‌
USD
280.00
07/21/23
7,900‌
Utilities
Select
Sector
SPDR
Fund
1,280‌
USD
8,664,320‌
USD
60.00
04/21/23
7,680‌
Utilities
Select
Sector
SPDR
Fund
700‌
USD
4,738,300‌
USD
64.00
06/16/23
65,450‌
Utilities
Select
Sector
SPDR
Fund
300‌
USD
2,030,700‌
USD
65.00
06/16/23
41,100‌
Utilities
Select
Sector
SPDR
Fund
1,200‌
USD
8,122,800‌
USD
63.00
08/18/23
189,600‌
VanEck
Agribusiness
ETF
412‌
USD
3,578,632‌
USD
83.00
04/21/23
16,480‌
VanEck
Agribusiness
ETF
412‌
USD
3,578,632‌
USD
83.00
05/19/23
116,390‌
VanEck
Agribusiness
ETF
230‌
USD
1,997,780‌
USD
82.00
08/18/23
45,425‌
VanEck
Gold
Miners
ETF
2,250‌
USD
7,278,750‌
USD
28.00
04/21/23
15,750‌
VanEck
Gold
Miners
ETF
2,250‌
USD
7,278,750‌
USD
28.00
05/19/23
69,750‌
TOTAL
EXCHANGE
TRADED
PUT
OPTIONS
WRITTEN
$
1,291,002‌
TOTAL
OPTIONS
WRITTEN
$
29,085,974‌