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GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) has announced amendments to its Series B Cumulative Preferred Shares, adding additional holder put dates. The amendment, effective April 2, 2025, introduces the right for holders to sell their shares back to the Fund during specified 60-day periods before March 26, 2026, and March 26, 2027.
This strategic move by the investment trust, with a market capitalization of $97.27 million and incorporated in Delaware and headquartered in Rye, New York, is detailed in an 8-K filing with the Securities and Exchange Commission (SEC) dated today, Thursday. The filing specifies the terms of the amendment, which is designed to provide more flexibility to the Series B Preferred Shareholders.
In the same filing, the trust confirms that there has been no change in the fiscal year, which ends on December 31. The document also reiterates the trust’s commitment to compliance with the Securities Exchange Act of 1934, as evidenced by the signature of John C. Ball (NYSE:BALL), the President and Treasurer of GAMCO Natural Resources, Gold & Income Trust.
Investors and shareholders can find the complete amendment text as Exhibit 3.1 attached to the filing. The trust’s common shares of beneficial interest and Series A Cumulative Preferred Shares are both listed on the New York Stock Exchange under the symbols GNT and GNT Pr A, respectively.
This recent development follows the trust’s historical name changes, with its former name being GAMCO Natural Resources, Gold & Income Trust by Gabelli, which was changed in 2012 from Gabelli Natural Resources, Gold & Income Trust, and previously in 2008 from Gabelli Gold & Income Trust.
GAMCO Natural Resources, Gold & Income Trust’s actions reflect its ongoing efforts to adjust its financial instruments to better suit the needs of its investors. The information provided in this article is based on the press release statement from the SEC filing.
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