RYE, N.Y., Aug.  12, 2026  (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources &amp; Income Trust (NYSE:GGN) (the &#34;Fund&#34;) increased the annual distribution 16% to $0.42 per share,

GAMCO Global Gold, Natural Resources & Income Trust Increases Distribution by $0.06 Per Share to $0.42 per Share Annually

GGN raises annual distribution 16% to $0.42 for Oct-Dec 2026

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>RYE, N.Y., Aug.  12, 2026  (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources &amp;amp; Income Trust (NYSE:GGN) (the &amp;#34;Fund&amp;#34;) increased the annual distribution 16% to $0.42 per share,</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>GAMCO Global Gold, Natural Resources &amp; Income Trust (GGN) boosted its annual distribution by 16% to $0.42 per share, with monthly payouts of $0.035 starting in October 2026. The board reaffirmed the monthly distribution policy, noting payouts can exceed earnings and 2025 distributions are expected largely as return of capital for tax purposes. The move enhances current income appeal but warrants attention to NAV dynamics and tax treatment.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>GGN increases annual distribution 16% to $0.42 per share. Monthly payments of $0.035 begin October 2026.</li><li>Distributions may exceed earnings; 2025 distributions expected primarily return of capital.</li><li>Board maintains monthly distribution policy. NAV and market conditions influence amounts.</li><li>Fund assets around $1.0 billion; distribution strategy underscores income focus.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>GAMCO Global Gold, Natural Resources &amp; Income Trust (GGN)</strong>: Subject of the distribution change; direct impact on income yield and investor cash flow.</li><li><strong>GAMCO Investors, Inc. (GAMI)</strong>: Parent company; distribution decision rooted in GAMCO&#039;s asset-management platform.</li><li><strong>Gabelli Funds, LLC (N/A)</strong>: Fund manager; policy on distributions and covered-call strategy originates here.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. This is a governance-driven distribution update driving income visibility and yield for a closed-end fund, impacting price via income expectations and tax considerations.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Distribution increase enhances headline yield and income appeal for GGN.</li><li>Monthly payout cadence reinforces stable income profile amid market cycles.</li><li>Potential tax impact: distributions may be return of capital; monitor Form 1099-DIV.</li><li>Ex-dividend dates scheduled around Oct 16–23, 2026.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Annual distribution increased 16% to $0.42 per share.</li><li>Monthly distributions set at $0.035 for Oct, Nov, Dec 2026.</li><li>Record date for October: Oct 16, 2026; Payable: Oct 23, 2026.</li><li>Fund assets approximately $1.0 billion.</li><li>2025 distributions expected primarily as return of capital.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term bullish for income-focused buyers; expect a modest price lift into Oct 2026 distributions.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">RYE, N.Y., Aug.  12, 2026  (GLOBE NEWSWIRE) -- The Board of Trustees of GAMCO Global Gold, Natural Resources &amp; Income Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/GGN">GGN</a>) (the "Fund") increased the annual distribution 16% to $0.42 per share, which will be paid $0.035 per share monthly, commencing with the October 2026 distribution.</p>  <p align="justify">The Board of Trustees approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.035 per share for each of October, November, and December 2026. Based on current dynamics, the Fund may make distributions in excess of the Fund’s earnings. It is currently expected that distributions to common shareholders in 2025 will primarily constitute a return of capital for tax purposes.</p> <table align="center" style="border-collapse: collapse; width:100%; border-collapse:collapse ;"><tr><td style="max-width:25%; width:25%; min-width:25%;;vertical-align: middle;   text-align: left;   padding-left: 10.0px; vertical-align: bottom ; ">Distribution Month</td><td style="max-width:25%; width:25%; min-width:25%;;vertical-align: bottom ; ">Record Date</td><td style="max-width:25%; width:25%; min-width:25%;;vertical-align: bottom ; ">Payable Date</td><td colspan="1" style="max-width:25%; width:25%; min-width:25%;;vertical-align: middle;   text-align: left;   padding-left: 10.0px; vertical-align: bottom ; ">Distribution Per Share</td></tr><tr><td style="max-width:25%; min-width:25%;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle;   text-align: left;   padding-left: 10.0px; vertical-align: bottom ; ">October</td><td style="max-width:25%; min-width:25%;;border-top: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; ">October 16, 2026</td><td style="max-width:25%; min-width:25%;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; ">October 23, 2026</td><td colspan="1" style="max-width:2%; min-width:2%;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; vertical-align: middle;   text-align: left;   padding-left: 10.0px; vertical-align: bottom ; ">  $0.035</td></tr><tr><td style="border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle;   text-align: left;   padding-left: 10.0px; vertical-align: bottom ; ">November</td><td style="border-bottom: solid black 1pt ; vertical-align: bottom ; ">November 13, 2026</td><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; ">November 20, 2026</td><td colspan="1" style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; vertical-align: middle;   text-align: left;   padding-left: 10.0px; vertical-align: bottom ; ">  $0.035</td></tr><tr><td style="border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle;   text-align: left;   padding-left: 10.0px; vertical-align: bottom ; ">December</td><td style="border-bottom: solid black 1pt ; vertical-align: bottom ; ">December 11, 2026</td><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; ">December 18, 2026</td><td colspan="1" style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; vertical-align: middle;   text-align: left;   padding-left: 10.0px; vertical-align: bottom ; ">  $0.035</td></tr><tr><td style="max-width:25%; min-width:25%;;vertical-align: bottom ; "> </td><td style="max-width:25%; min-width:25%;;vertical-align: bottom ; "> </td><td style="max-width:25%; min-width:25%;;vertical-align: bottom ; "> </td><td style="max-width:23%; min-width:23%;;vertical-align: bottom ; "> </td></tr></table> <p align="justify">Each quarter, the Board of Trustees reviews the amount of any potential distribution from the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the financial market environment. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.</p>  <p align="justify">Because the Fund’s current monthly distributions are subject to modification by the Board of Trustees at any time and the Fund’s income will fluctuate, there can be no assurance that the Fund will pay distributions at a particular rate or frequency. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution.</p>  <p align="justify">Short-term capital gains, qualified dividend income, ordinary income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. There are no capital loss carryforwards for book purposes. Therefore the Fund, on a book basis, may be distributing short term gains generated from option premiums that will not be taxable in 2026 because of the capital loss carryforwards available on a tax basis. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2026 will be made after year end and can vary from the monthly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2026 distributions in early 2027 via Form 1099-DIV.</p>  <p align="justify"><em>Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:</em></p>  <p align="justify"><em>David Schachter</em><br></br><em>(914) 921-5057</em></p>  <p align="justify"><em>The Fund’s NAV per share will fluctuate with changes in the market value of the Fund’s portfolio securities. Stocks are subject to market, economic, and business risks that cause their prices to fluctuate. Investors acquire shares of the Fund on a securities exchange at market value, which fluctuates according to the dynamics of supply and demand. When Fund shares are sold, they may be worth more or less than their original cost. Consequently, you can lose money by investing in the Fund.</em></p>  <p align="justify"><em>Covered Call and Other Option Transaction Risks. </em>There are several risks associated with writing covered calls and entering into other types of option transactions. For example, there are significant differences between the securities and options markets that could result in an imperfect correlation between these markets, resulting in a given transaction not achieving its objectives. In addition, a decision as to whether, when, and how to use covered call options involves the exercise of skill and judgment, and even a well-conceived transaction may be unsuccessful because of market behavior or unexpected events. As a writer of a covered call option, the Fund forgoes, during the option’s life, the opportunity to profit from increases in the market value of the security covering the call option above the exercise price of the call option, but has retained the risk of loss should the price of the underlying security decline.</p>  <p align="justify"><strong>About The GAMCO Global Gold, Natural Resources &amp; Income Trust</strong><br></br>The GAMCO Global Gold, Natural Resources &amp; Income Trust is a non-diversified, closed-end management investment company with $1.0 billion in total net assets whose primary investment objective is to provide a high level of current income. The Fund invests primarily in equity securities of gold and natural resources companies and intends to earn income primarily through a strategy of writing (selling) primarily covered call options on equity securities in its portfolio. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX:<a class="ticker" href="https://www.benzinga.com/quote/GAMI">GAMI</a>).</p>  <p>NYSE American – GGN<br></br>CUSIP – 36465A109</p>  <p>Investor Relations Contact: <br></br>David Schachter<br></br>(914) 921-5057<br></br>dschachter@gabelli.com</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgwODg0NiM3NzczMTM1IzIyNTkwODE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NzllZGVhMTEtNWU0YS00ZTYwLTgwMzYtNjM5ODQzZGY0YWE1LTEyNzA2MzEtMjAyNi0wOC0xMi1lbg==/tiny/GAMCO-Global-Gold-Natural-Reso.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/d076722c-77fc-4c1a-a298-ba9de3d1e311"><img src="https://ml.globenewswire.com/media/d076722c-77fc-4c1a-a298-ba9de3d1e311/small/gabelli-funds-png.png" border="0" width="150" height="40" alt="Primary Logo"></img></a></p>

GAMCO Global Gold, Natural Resources & Income Trust (GGN) boosted its annual distribution by 16% to $0.42 per share, with monthly payouts of $0.035 starting in October 2026. The board reaffirmed the monthly distribution policy, noting payouts can exceed earnings and 2025 distributions are expected largely as return of capital for tax purposes. The move enhances current income appeal but warrants attention to NAV dynamics and tax treatment.

News insight

GAMCO Global Gold, Natural Resources & Income Trust Increases Distribution by $0.06 Per Share to $0.42 per Share Annually

AI summary

Sentiment rationale

Key facts

Corporate Developments