<SEC-DOCUMENT>0001752724-23-198161.txt : 20230829
<SEC-HEADER>0001752724-23-198161.hdr.sgml : 20230829
<ACCEPTANCE-DATETIME>20230829112042
ACCESSION NUMBER:		0001752724-23-198161
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230630
FILED AS OF DATE:		20230829
DATE AS OF CHANGE:		20230829
PERIOD START:           	20231231

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GAMCO Natural Resources, Gold & Income Trust
		CENTRAL INDEX KEY:			0001438893
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-22216
		FILM NUMBER:		231219582

	BUSINESS ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580
		BUSINESS PHONE:		914-921-5100

	MAIL ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GAMCO Natural Resources, Gold & Income Trust by Gabelli
		DATE OF NAME CHANGE:	20120106

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Gabelli Natural Resources, Gold & Income Trust
		DATE OF NAME CHANGE:	20080717

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Gabelli Gold & Income Trust
		DATE OF NAME CHANGE:	20080630
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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      <regFileNumber>811-22216</regFileNumber>
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      <repPdEnd>2023-12-31</repPdEnd>
      <repPdDate>2023-06-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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        <name>RBC CAPITAL MARKETS, LLC</name>
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            <putOrCall>Call</putOrCall>
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        <name>TREASURY BILL</name>
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          <couponKind>None</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Iveco Group NV</name>
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        <name>Williams Cos Inc/The</name>
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        <name>Osisko Mining Inc</name>
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        <name>RBC CAPITAL MARKETS, LLC</name>
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        <name>OPPENHEIMER &amp; CO. INC.</name>
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        <name>KINROSS GOLD CORP</name>
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        <name>OPPENHEIMER &amp; CO. INC.</name>
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        <securityLending>
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        <valUSD>-5417.76000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STIFEL, NICOLAUS &amp; COMPANY, INCORPORATED</name>
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      <invstOrSec>
        <name>NEW YORK STOCK EXCHANGE</name>
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      <invstOrSec>
        <name>Lundin Gold Inc</name>
        <lei>549300ZOV16K515FC525</lei>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CIBC WORLD MARKETS CORP.</name>
        <lei>549300445CON3DBMU275</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>CITIGROUP GLOBAL MARKETS INC.</name>
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        <name>NEW YORK STOCK EXCHANGE</name>
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      <invstOrSec>
        <name>OPPENHEIMER &amp; CO. INC.</name>
        <lei>254900VH02JQR2L8XD64</lei>
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      <invstOrSec>
        <name>Shell PLC</name>
        <lei>21380068P1DRHMJ8KU70</lei>
        <title>Shell PLC</title>
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          <ticker value="SHEL"/>
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        <name>TREASURY BILL</name>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>Marathon Oil Corp</name>
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        <name>NESBITT BURNS INC.</name>
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        <name>NEW YORK STOCK EXCHANGE</name>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Agnico Eagle Mines Ltd</name>
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        <name>CIBC WORLD MARKETS CORP.</name>
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        <name>Diamondback Energy Inc</name>
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        <name>Alamos Gold Inc</name>
        <lei>549300TDOX73YGYXE959</lei>
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        <name>FMC Corp</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
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        <name>SCOTIA CAPITAL (USA) INC.</name>
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      <invstOrSec>
        <name>Glencore PLC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
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      <invstOrSec>
        <name>OPPENHEIMER &amp; CO. INC.</name>
        <lei>254900VH02JQR2L8XD64</lei>
        <title>VALERO ENERGY CORP</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="ES10550909"/>
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        <balance>-25.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-8254.40000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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            <unrealizedAppr>26695.32000000</unrealizedAppr>
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      <invstOrSec>
        <name>Yara International ASA</name>
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          <other otherDesc="SEDOL" value="7751259"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
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      <invstOrSec>
        <name>CANTOR FITZGERALD &amp; CO.</name>
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        <title>NUTRIEN LTD</title>
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        <curCd>USD</curCd>
        <valUSD>-456.07000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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        <derivativeInfo>
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              <counterpartyName>CANTOR FITZGERALD &amp; CO.</counterpartyName>
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      <invstOrSec>
        <name>RBC CAPITAL MARKETS, LLC</name>
        <lei>549300LCO2FLSSVFFR64</lei>
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                <issuerName>Rio Tinto PLC</issuerName>
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      <invstOrSec>
        <name>STIFEL, NICOLAUS &amp; COMPANY, INCORPORATED</name>
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      <invstOrSec>
        <name>B2Gold Corp</name>
        <lei>549300F7OK456M5NLM05</lei>
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      <invstOrSec>
        <name>EVERCORE GROUP LLC</name>
        <lei>5493008F0LRLS5N8LZ81</lei>
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        <name>Karora Resources Inc</name>
        <lei>549300S6PWY0YYVHMC70</lei>
        <title>Karora Resources Inc</title>
        <cusip>48575L206</cusip>
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      <invstOrSec>
        <name>SCOTIA CAPITAL (USA) INC.</name>
        <lei>549300BLWPABP1VNME36</lei>
        <title>HESS CORP</title>
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        <name>ANGLOGOLD HOLDINGS PLC</name>
        <lei>213800745ZIXC4L6A131</lei>
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        <name>RBC CAPITAL MARKETS, LLC</name>
        <lei>549300LCO2FLSSVFFR64</lei>
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                <issuerName>BHP Group Ltd</issuerName>
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            <delta>XXXX</delta>
            <unrealizedAppr>60202.70000000</unrealizedAppr>
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        <name>Fresnillo PLC</name>
        <lei>549300JXWH1UV5J0XV81</lei>
        <title>Fresnillo PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B2QPKJ12"/>
          <ticker value="FRES"/>
          <other otherDesc="SEDOL" value="B2QPKJ1"/>
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        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill</title>
        <cusip>912796Y29</cusip>
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          <isin value="US912796Y296"/>
          <other otherDesc="SEDOL" value="BL6BVW2"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <name>Nutrien Ltd</name>
        <lei>5493002QQ7GD21OWF963</lei>
        <title>Nutrien Ltd</title>
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          <isin value="CA67077M1086"/>
          <ticker value="NTR"/>
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        <balance>33090.00000000</balance>
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        <valUSD>1953964.50000000</valUSD>
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        <securityLending>
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      <invstOrSec>
        <name>Halliburton Co</name>
        <lei>ENYF8GB5SMQZ25S06U51</lei>
        <title>Halliburton Co</title>
        <cusip>406216101</cusip>
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          <isin value="US4062161017"/>
          <ticker value="HAL"/>
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        <balance>17000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>560830.00000000</valUSD>
        <pctVal>0.541340810645</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANTOR FITZGERALD &amp; CO.</name>
        <lei>5493004J7H4GCPG6OB62</lei>
        <title>BHP GROUP LTD</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="ES10730209"/>
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        <balance>-180.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-27530.98000000</valUSD>
        <pctVal>-0.02657426141</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>CANTOR FITZGERALD &amp; CO.</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>BHP Group Ltd</issuerName>
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            <shareNo>100.00000000</shareNo>
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            <expDt>2023-11-17</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>8289.02000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SG AMERICAS SECURITIES, LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>SCHLUMBERGER NV</title>
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        <balance>-80.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-16050.98000000</valUSD>
        <pctVal>-0.01549319851</pctVal>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MONTREAL EXCHANGE</name>
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      <invstOrSec>
        <name>Kinross Gold Corp</name>
        <lei>549300UEBMAQDN0K0R06</lei>
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        <name>Newmont Corp</name>
        <lei>549300VSP3RIX7FGDZ51</lei>
        <title>Newmont Corp</title>
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          <ticker value="NEM"/>
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      <invstOrSec>
        <name>CITIGROUP GLOBAL MARKETS INC.</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>ARCHER-DANIELS-MIDLAND CO</title>
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          <other otherDesc="INTERNAL" value="ES10606797"/>
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        <balance>-135.00000000</balance>
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      <invstOrSec>
        <name>CBOE GLOBAL MARKETS, INC.</name>
        <lei>529900RLNSGA90UPEH54</lei>
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        <name>NEW YORK STOCK EXCHANGE</name>
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            <unrealizedAppr>-5479.82000000</unrealizedAppr>
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      <invstOrSec>
        <name>OPPENHEIMER &amp; CO. INC.</name>
        <lei>254900VH02JQR2L8XD64</lei>
        <title>MARATHON OIL CORP</title>
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        <curCd>USD</curCd>
        <valUSD>-2650.00000000</valUSD>
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        <name>CANADIAN NATIONAL STOCK EXCHANGE</name>
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      <invstOrSec>
        <name>Eldorado Gold Corp</name>
        <lei>5493004PWQ01YDD1IH62</lei>
        <title>Eldorado Gold Corp</title>
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          <ticker value="EGO"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <securityLending>
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      <invstOrSec>
        <name>Archer-Daniels-Midland Co</name>
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      <invstOrSec>
        <name>PIPER SANDLER</name>
        <lei>N/A</lei>
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        <payoffProfile>N/A</payoffProfile>
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        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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            <delta>XXXX</delta>
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      <invstOrSec>
        <name>MONTREAL EXCHANGE</name>
        <lei>N/A</lei>
        <title>K92 MINING INC</title>
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          <ticker value="KNT 9 C9"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG019M7J5Y0"/>
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        <name>CANTOR FITZGERALD &amp; CO.</name>
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        <name>SCOTIA CAPITAL (USA) INC.</name>
        <lei>549300BLWPABP1VNME36</lei>
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                  <isin value="US7802871084"/>
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            <shareNo>100.00000000</shareNo>
            <exercisePrice>130.00000000</exercisePrice>
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            <expDt>2023-07-21</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>32168.96000000</unrealizedAppr>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Barrick Gold Corp</name>
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      <ncom:nameOfApplicant>GAMCO Natural Resources, Gold &amp; Income Trust</ncom:nameOfApplicant>
      <ncom:signature>John C. Ball</ncom:signature>
      <ncom:signerName>John C. Ball</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
