|
|
|
GAMCO Natural Resources, Gold & Income Trust | 5.20% Series A Cumulative Preferred Shares (GNT.PRA)
Prospectus excerpt: GAMCO Natural Resources, Gold & Income Trust (the ÙFundˆ) is offering 1,200,000 shares of 5.20% Series A Cumulative Preferred Shares, par value $0.001 per share (the ÙSeries A Preferred Sharesˆ). Investors in Series A Preferred Shares will be entitled to receive, when, as and if declared by, or under authority granted by, the Fund?s Board of Trustees, out of funds legally available therefor, cumulative cash dividends and distributions at the rate of 5.20% per annum of the $25.00 per share liquidation preference on the Series A Preferred Shares. Dividends and distributions on Series A Preferred Shares will be payable quarterly on March 26, June 26, September 26 and December 26 in each year commencing on December 26, 2017. The Series A Preferred Shares will rank on parity with any future preferred shares and senior to our common shares with respect to dividend and distribution rights and rights upon our liquidation. The Series A Preferred Shares are redeemable at our option on or after October 26, 2022 and are subject to mandatory redemption by us in certain circumstances. See ÙSpecial Characteristics and Risks of the Series A Preferred Shares ? Redemption.ˆ Full Prospectus PDF », Secondary Prospectus PDF », GNT Page »
Series: | A | Alternate symbology: | GNT-A, GNT-PA, GNTprA | Redeemable?: | Yes | Call Date: | 10/26/2022 (Now Trading Post Call Date) | Perpetual?: | Yes | Cumulative?: | Yes | Shares Offered: | 1,200,000 | Liquidation Preference: | $25.00 | Recent Market Price: | $21.96 | Discount to Liquidation Preference: (More Preferreds Trading at a Discount ») | $-3.04 (-12.16%) | Annualized Dividend: | 1.3 | Recent Ex-Date: | 3/18/2024 | Current Yield: | 5.92% | Original Coupon: | 5.20% | Pay Period: | Quarterly | Pay Dates: | 26-Mar, 26-Jun, 26-Sep, 26-Dec | CDx3 Compliance Rating: |
Learn GNT.PRA's Rating
|
|
GAMCO Natural Resources, Gold & Income is a non-diversified closed-end management investment company. The Fund's primary investment objective is to provide a high level of current income from interest, dividends, and option premiums. The Fund's secondary investment objective is to seek capital appreciation consistent with the Fund's strategy and its primary objective. Preferred: GNT.PRA Open the GNT Information Page »
|
|
|
|
|