1

GAMCO

Global

Gold,

Natural

Resources

&

Income

Trust

Schedule

of

Investments

—

March

31,

2022

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

 —

79.9%

Energy

and

Energy

Services

 —

34.5%

100,400‌

APA

Corp.(a)

....................

$

4,149,532‌

186,975‌

Baker

Hughes

Co.

.................

6,807,760‌

340,000‌

BP

plc,

ADR(a)

...................

9,996,000‌

246,048‌

Chevron

Corp.(a)

.................

40,063,996‌

108,000‌

ConocoPhillips(a)

.................

10,800,000‌

163,000‌

Coterra

Energy

Inc.(a)

..............

4,396,110‌

113,000‌

Devon

Energy

Corp.(a)

.............

6,681,690‌

28,500‌

Diamondback

Energy

Inc.

...........

3,906,780‌

450,000‌

Eni

SpA

........................

6,617,919‌

122,000‌

EOG

Resources

Inc.(a)

.............

14,546,060‌

437,500‌

Exxon

Mobil

Corp.(a)

..............

36,133,125‌

277,000‌

Halliburton

Co.(a)

.................

10,489,990‌

31,000‌

Hess

Corp.

......................

3,318,240‌

485,008‌

Kinder

Morgan

Inc.(a)

..............

9,171,501‌

168,000‌

Marathon

Oil

Corp.

................

4,218,480‌

81,994‌

Marathon

Petroleum

Corp.(a)

.........

7,010,487‌

76,080‌

Occidental

Petroleum

Corp.(a)

........

4,316,779‌

107,500‌

ONEOK

Inc.(a)

...................

7,592,725‌

100,000‌

Phillips

66(a)

....................

8,639,000‌

37,400‌

Pioneer

Natural

Resources

Co.(a)

......

9,351,122‌

334,000‌

Schlumberger

NV(a)

...............

13,797,540‌

400,000‌

Shell

plc

.......................

11,079,324‌

89,000‌

Shell

plc,

ADR

...................

4,888,770‌

144,500‌

Suncor

Energy

Inc.(a)

..............

4,709,255‌

163,500‌

The

Williams

Companies

Inc.(a)

.......

5,462,535‌

341,300‌

TotalEnergies

SE,

ADR(a)

............

17,249,302‌

76,000‌

Valero

Energy

Corp.(a)

.............

7,717,040‌

273,111,062‌

Metals

and

Mining

 —

45.4%

302,280‌

Aclara

Resources

Inc.†

.............

176,510‌

236,692‌

Agnico

Eagle

Mines

Ltd.

............

14,495,018‌

1,350,000‌

Alamos

Gold

Inc.,

Cl. A(a)

...........

11,367,000‌

43,300‌

Artemis

Gold

Inc.†

................

245,914‌

2,237,000‌

B2Gold

Corp.(a)

..................

10,267,830‌

968,519‌

Barrick

Gold

Corp.(a)

..............

23,757,771‌

2,400,000‌

Belo

Sun

Mining

Corp.†

.............

1,459,025‌

234,100‌

BHP

Group

Ltd.,

ADR(a)

............

18,084,225‌

2,600,000‌

De

Grey

Mining

Ltd.†

..............

2,256,873‌

425,000‌

Dundee

Precious

Metals

Inc.

.........

2,536,096‌

385,000‌

Eldorado

Gold

Corp.†

..............

4,315,850‌

786,241‌

Endeavour

Mining

plc

..............

19,502,726‌

800,000‌

Equinox

Gold

Corp.†

...............

6,616,000‌

2,749,000‌

Evolution

Mining

Ltd.

..............

9,051,137‌

166,500‌

Franco-Nevada

Corp.(a)

.............

26,560,080‌

390,300‌

Freeport-McMoRan

Inc.(a)

...........

19,413,522‌

327,659‌

Fresnillo

plc

.....................

3,159,351‌

300,000‌

Gold

Fields

Ltd.,

ADR

..............

4,638,000‌

4,604,079‌

Gold

Road

Resources

Ltd.

...........

5,598,503‌

162,276‌

Harmony

Gold

Mining

Co.

Ltd.,

ADR

....

816,248‌

Shares

Market

Value

418,000‌

K92

Mining

Inc.†

.................

$

3,056,049‌

310,000‌

Karora

Resources

Inc.†

.............

1,577,091‌

1,161,000‌

Kinross

Gold

Corp.

................

6,826,680‌

420,000‌

Lundin

Gold

Inc.†

.................

3,510,779‌

99,500‌

MAG

Silver

Corp.†

................

1,608,915‌

412,999‌

Newcrest

Mining

Ltd.

..............

8,263,921‌

28,520‌

Newcrest

Mining

Ltd.,

OTC

..........

576,105‌

572,100‌

Newmont

Corp.(a)

................

45,453,345‌

2,771,626‌

Northern

Star

Resources

Ltd.

.........

22,274,843‌

508,500‌

OceanaGold

Corp.†

................

1,126,701‌

535,000‌

Osisko

Gold

Royalties

Ltd.

...........

7,056,650‌

146,900‌

Osisko

Mining

Inc.†

...............

468,849‌

36,700‌

Pan

American

Silver

Corp.

...........

1,001,910‌

295,000‌

Rio

Tinto

plc,

ADR(a)

..............

23,718,000‌

400,000‌

SilverCrest

Metals

Inc.†

.............

3,564,000‌

250,032‌

SSR

Mining

Inc.

..................

5,438,196‌

372,500‌

Victoria

Gold

Corp.†

...............

4,737,631‌

568,000‌

Wesdome

Gold

Mines

Ltd.†

..........

7,128,681‌

699,366‌

Westgold

Resources

Ltd.

............

1,007,421‌

389,950‌

Wheaton

Precious

Metals

Corp.(a)

.....

18,553,821‌

1,557,500‌

Yamana

Gold

Inc.

.................

8,690,850‌

359,958,117‌

TOTAL

COMMON

STOCKS

.........

633,069,179‌

EXCHANGE

TRADED

FUNDS

 —

0.4%

Energy

and

Energy

Services

 —

0.4%

126,300‌

iShares

Global

Clean

Energy

ETF

.......

2,717,976‌

RIGHTS

 —

0.0%

Metals

and

Mining

 —

0.0%

269,700‌

Pan

American

Silver

Corp.,

CVR†

......

226,548‌

WARRANTS

 —

0.0%

Energy

and

Energy

Services

 —

0.0%

7,207‌

Occidental

Petroleum

Corp.,

expire

08/03/27†

.....................

253,903‌

Principal

Amount

CONVERTIBLE

CORPORATE

BONDS

 —

0.4%

Metals

and

Mining

 —

0.4%

$

1,300,000‌

Fortuna

Silver

Mines

Inc.,

4.650%,

10/31/24

...............

1,540,500‌

2,000,000‌

Osisko

Gold

Royalties

Ltd.,

4.000%,

12/31/22

...............

1,629,318‌

3,169,818‌

TOTAL

CONVERTIBLE

CORPORATE

BONDS

....................

3,169,818‌

2

GAMCO

Global

Gold,

Natural

Resources

&

Income

Trust

Schedule

of

Investments

(Continued)

—

March

31,

2022

(Unaudited)

Principal

Amount

Market

Value

CORPORATE

BONDS

 —

0.2%

Metals

and

Mining

 —

0.2%

$

2,000,000‌

IAMGOLD

Corp.,

5.750%,

10/15/28(b)

.............

$

1,818,770‌

U.S.

GOVERNMENT

OBLIGATIONS

 —

19.1%

151,245,000‌

U.S.

Treasury

Bills,

0.065%

to

0.509%††,

04/28/22

to

06/30/22(c)

....................

151,114,868‌

TOTAL

INVESTMENTS

BEFORE

OPTIONS

WRITTEN

AND

SECURITIES

SOLD

SHORT

—

100.0%

............

(Cost

$811,676,016)

.............

$

792,371,062‌

Shares

Market

Value

SECURITIES

SOLD

SHORT

—

(0.4)%

Energy

and

Energy

Services

—

(0.4)%

126,300‌

iShares

Global

Clean

Energy

ETF

..........

$

2,717,976‌

TOTAL

SECURITIES

SOLD

SHORT

(Proceeds

received

$2,365,917)(d)

.....

$

2,717,976‌

(a)

Securities,

or

a

portion

thereof,

with

a

value

of

$294,784,547

were

deposited

with

the

broker

as

collateral

for

options

written.

(b)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

This

security

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

(c)

At

March

31,

2022,

$46,380,000

of

the

principal

amount

was

pledged

as

collateral

for

options

written.

(d)

At

March

31,

2022,

these

proceeds

are

being

held

at

Pershing

LLC.

†

Non-income

producing

security.

††

Represents

annualized

yields

at

dates

of

purchase.

ADR

American

Depositary

Receipt

CVR

Contingent

Value

Right

Geographic

Diversification

%

of

Total

Investments

*

Market

Value

Long

Positions

United

States

........................

55.9‌

%

$

442,962,302‌

Canada

..............................

22.6‌

179,326,880‌

Europe

..............................

11.8‌

93,228,552‌

Asia/Pacific

.........................

8.6‌

68,239,729‌

South

Africa

.........................

0.7‌

5,454,248‌

Latin

America

.......................

0.4‌

3,159,351‌

Total

Investments

—

Long

Positions

100.0‌%

$

792,371,062‌

Short

Positions

United

States

........................

(6.2‌)

%

$

(49,570,051‌)

Canada

..............................

(0.3‌)

(2,386,363‌)

Europe

..............................

(0.1‌)

(522,769‌)

Asia/Pacific

.........................

(0.1‌)

(479,163‌)

Total

Investments

—

Short

Positions

(6.7‌)%

$

(52,958,346‌)

*

Total

investments

exclude

options

written.

As

of

March

31,

2022,

options

written

outstanding

were

as

follows:

Description

Counterparty

Number

of

Contracts

Notional

Amount

Exercise

Price

Expiration

Date

Market

Value

OTC

Call

Options

Written

—

(5.2)%

Agnico

Eagle

Mines

Ltd.

Pershing

LLC

1,200‌

USD

7,348,800‌

USD

58.23

04/14/22

$

0‌

Agnico

Eagle

Mines

Ltd.

Pershing

LLC

215‌

USD

1,316,660‌

USD

60.00

04/14/22

52,254‌

Agnico

Eagle

Mines

Ltd.

Pershing

LLC

700‌

USD

4,286,800‌

USD

72.50

11/18/22

285,690‌

Alamos

Gold

Inc.,

Cl.

A

Pershing

LLC

6,500‌

USD

5,473,000‌

USD

8.00

06/17/22

591,833‌

Alamos

Gold

Inc.,

Cl.

A

Pershing

LLC

4,000‌

USD

3,368,000‌

USD

10.00

01/20/23

385,712‌

APA

Corp.

Pershing

LLC

175‌

USD

723,275‌

USD

20.00

04/14/22

373,406‌

APA

Corp.

Pershing

LLC

378‌

USD

1,562,274‌

USD

26.00

07/15/22

594,190‌

APA

Corp.

Pershing

LLC

325‌

USD

1,343,225‌

USD

50.00

10/21/22

108,834‌

3

GAMCO

Global

Gold,

Natural

Resources

&

Income

Trust

Schedule

of

Investments

(Continued)

—

March

31,

2022

(Unaudited)

Description

Counterparty

Number

of

Contracts

Notional

Amount

Exercise

Price

Expiration

Date

Market

Value

B2Gold

Corp.

Pershing

LLC

7,500‌

USD

3,442,500‌

USD

5.00

10/21/22

$

360,109‌

B2Gold

Corp.

Pershing

LLC

5,000‌

USD

2,295,000‌

USD

4.30

12/16/22

425,848‌

B2Gold

Corp.

Pershing

LLC

7,500‌

USD

3,442,500‌

USD

5.00

01/20/23

467,957‌

Baker

Hughes

Co.

Pershing

LLC

700‌

USD

2,548,700‌

USD

30.00

07/15/22

519,689‌

Baker

Hughes

Co.

Pershing

LLC

580‌

USD

2,111,780‌

USD

32.00

09/16/22

383,398‌

Baker

Hughes

Co.

Pershing

LLC

590‌

USD

2,148,190‌

USD

40.00

01/20/23

236,518‌

Barrick

Gold

Corp.

Pershing

LLC

1,320‌

USD

3,237,960‌

USD

22.00

05/20/22

379,103‌

Barrick

Gold

Corp.

Pershing

LLC

2,700‌

USD

6,623,100‌

USD

27.00

09/16/22

374,533‌

Barrick

Gold

Corp.

Pershing

LLC

1,450‌

USD

3,556,850‌

USD

26.00

12/16/22

322,224‌

Barrick

Gold

Corp.

Pershing

LLC

1,100‌

USD

2,698,300‌

USD

27.50

12/16/22

194,733‌

BHP

Group

Ltd.,

ADR

Pershing

LLC

670‌

USD

5,175,750‌

USD

72.00

05/20/22

469,352‌

BP

plc,

ADR

Pershing

LLC

1,200‌

USD

3,528,000‌

USD

26.00

04/14/22

419,653‌

Chevron

Corp.

Pershing

LLC

700‌

USD

11,398,100‌

USD

130.00

04/14/22

2,303,136‌

Chevron

Corp.

Pershing

LLC

600‌

USD

9,769,800‌

USD

140.00

06/17/22

1,421,068‌

Chevron

Corp.

Pershing

LLC

530‌

USD

8,629,990‌

USD

150.00

08/19/22

931,913‌

Chevron

Corp.

Pershing

LLC

630‌

USD

10,258,290‌

USD

165.00

11/18/22

783,362‌

ConocoPhillips

Pershing

LLC

440‌

USD

4,400,000‌

USD

95.00

04/14/22

264,521‌

ConocoPhillips

Pershing

LLC

420‌

USD

4,200,000‌

USD

105.00

08/19/22

267,288‌

Coterra

Energy

Inc.

Pershing

LLC

815‌

USD

2,198,055‌

USD

24.50

04/14/22

216,737‌

Coterra

Energy

Inc.

Pershing

LLC

815‌

USD

2,198,055‌

USD

26.00

07/15/22

222,151‌

Devon

Energy

Corp.

Pershing

LLC

700‌

USD

4,139,100‌

USD

60.00

04/14/22

134,178‌

Devon

Energy

Corp.

Pershing

LLC

430‌

USD

2,542,590‌

USD

60.00

12/16/22

335,134‌

Diamondback

Energy

Inc.

Pershing

LLC

160‌

USD

2,193,280‌

USD

95.00

06/17/22

691,221‌

Diamondback

Energy

Inc.

Pershing

LLC

125‌

USD

1,713,500‌

USD

142.50

07/15/22

151,632‌

Eni

SpA

Morgan

Stanley

300‌

EUR

1,994,100‌

EUR

14.00

05/20/22

44,130‌

Eni

SpA

Morgan

Stanley

300‌

EUR

1,994,100‌

EUR

15.00

06/17/22

14,920‌

Eni

SpA

Morgan

Stanley

300‌

EUR

1,994,100‌

EUR

15.50

12/16/22

36,548‌

EOG

Resources

Inc.

Pershing

LLC

500‌

USD

5,961,500‌

USD

97.00

04/14/22

1,080,634‌

EOG

Resources

Inc.

Pershing

LLC

360‌

USD

4,292,280‌

USD

114.00

05/20/22

352,128‌

EOG

Resources

Inc.

Pershing

LLC

360‌

USD

4,292,280‌

USD

129.00

10/21/22

337,477‌

Equinox

Gold

Corp.

Pershing

LLC

3,000‌

USD

2,481,000‌

USD

9.50

04/14/22

14,611‌

Exxon

Mobil

Corp.

Pershing

LLC

1,475‌

USD

12,182,025‌

USD

75.00

04/14/22

1,156,348‌

Exxon

Mobil

Corp.

Pershing

LLC

1,000‌

USD

8,259,000‌

USD

77.00

05/20/22

665,541‌

Exxon

Mobil

Corp.

Pershing

LLC

600‌

USD

4,955,400‌

USD

90.00

10/21/22

240,812‌

Exxon

Mobil

Corp.

Pershing

LLC

1,300‌

USD

10,736,700‌

USD

85.00

12/16/22

813,151‌

Freeport-McMoRan

Inc.

Pershing

LLC

1,900‌

USD

9,450,600‌

USD

50.00

12/16/22

1,433,198‌

Gold

Fields

Ltd.,

ADR

Pershing

LLC

3,000‌

USD

4,638,000‌

USD

12.00

07/15/22

1,145,849‌

Halliburton

Co.

Pershing

LLC

1,200‌

USD

4,544,400‌

USD

25.00

04/14/22

1,545,567‌

Halliburton

Co.

Pershing

LLC

1,000‌

USD

3,787,000‌

USD

40.00

07/15/22

270,962‌

Hess

Corp.

Pershing

LLC

150‌

USD

1,605,600‌

USD

90.00

05/20/22

279,289‌

Hess

Corp.

Pershing

LLC

160‌

USD

1,712,640‌

USD

100.00

11/18/22

285,854‌

Kinder

Morgan

Inc.

Pershing

LLC

1,700‌

USD

3,214,700‌

USD

20.00

04/14/22

11,968‌

Kinder

Morgan

Inc.

Pershing

LLC

1,600‌

USD

3,025,600‌

USD

19.00

09/16/22

163,880‌

Kinder

Morgan

Inc.

Pershing

LLC

1,550‌

USD

2,931,050‌

USD

21.00

11/18/22

86,658‌

Kinross

Gold

Corp.

Pershing

LLC

6,375‌

USD

3,748,500‌

USD

7.00

05/20/22

53,687‌

Marathon

Oil

Corp.

Pershing

LLC

1,680‌

USD

4,218,480‌

USD

24.00

10/21/22

728,630‌

Marathon

Petroleum

Corp.

Pershing

LLC

400‌

USD

3,420,000‌

USD

82.50

07/15/22

299,802‌

Newmont

Corp.

Pershing

LLC

1,750‌

USD

13,903,750‌

USD

70.00

05/20/22

1,823,373‌

Newmont

Corp.

Pershing

LLC

1,630‌

USD

12,950,350‌

USD

87.50

12/16/22

946,166‌

Northern

Star

Resources

Ltd.

Morgan

Stanley

7,000‌

AUD

7,518,000‌

AUD

11.25

08/18/22

479,163‌

Occidental

Petroleum

Corp.

Pershing

LLC

380‌

USD

2,156,120‌

USD

47.00

06/17/22

447,882‌

ONEOK

Inc.

Pershing

LLC

370‌

USD

2,613,310‌

USD

67.50

04/14/22

135,782‌

4

GAMCO

Global

Gold,

Natural

Resources

&

Income

Trust

Schedule

of

Investments

(Continued)

—

March

31,

2022

(Unaudited)

Description

Counterparty

Number

of

Contracts

Notional

Amount

Exercise

Price

Expiration

Date

Market

Value

ONEOK

Inc.

Pershing

LLC

325‌

USD

2,295,475‌

USD

70.00

05/20/22

$

95,717‌

Osisko

Gold

Royalties

Ltd.

Pershing

LLC

1,850‌

USD

2,440,150‌

USD

13.00

04/14/22

73,305‌

Osisko

Gold

Royalties

Ltd.

Pershing

LLC

1,500‌

USD

1,978,500‌

USD

13.75

07/15/22

123,734‌

Osisko

Gold

Royalties

Ltd.

Pershing

LLC

2,000‌

USD

2,638,000‌

USD

14.00

10/21/22

207,170‌

Pan

American

Silver

Corp.

Pershing

LLC

367‌

USD

1,001,910‌

USD

24.00

04/14/22

125,053‌

Phillips

66

Pershing

LLC

320‌

USD

2,764,480‌

USD

94.00

05/20/22

45,180‌

Phillips

66

Pershing

LLC

320‌

USD

2,764,480‌

USD

105.00

01/20/23

112,276‌

Pioneer

Natural

Resources

Co.

Pershing

LLC

200‌

USD

5,000,600‌

USD

200.00

05/20/22

1,037,300‌

Rio

Tinto

plc,

ADR

Pershing

LLC

500‌

USD

4,020,000‌

USD

74.38

05/20/22

379,763‌

Rio

Tinto

plc,

ADR

Pershing

LLC

500‌

USD

4,020,000‌

USD

81.88

05/20/22

147,002‌

Rio

Tinto

plc,

ADR

Pershing

LLC

1,000‌

USD

8,040,000‌

USD

86.88

07/15/22

278,388‌

Rio

Tinto

plc,

ADR

Pershing

LLC

950‌

USD

7,638,000‌

USD

84.00

12/16/22

531,544‌

Schlumberger

NV

Pershing

LLC

1,230‌

USD

5,081,130‌

USD

35.00

04/14/22

789,591‌

Schlumberger

NV

Pershing

LLC

1,170‌

USD

4,833,270‌

USD

42.50

06/17/22

329,405‌

Schlumberger

NV

Pershing

LLC

940‌

USD

3,883,140‌

USD

47.00

12/16/22

361,822‌

Shell

plc

Morgan

Stanley

200‌

GBP

37,904,000‌

GBp

2100.00

05/20/22

248,048‌

Shell

plc,

ADR

Pershing

LLC

890‌

USD

4,888,770‌

USD

58.00

12/16/22

364,174‌

SSR

Mining

Inc.

Pershing

LLC

1,275‌

USD

2,773,125‌

USD

20.00

09/16/22

445,393‌

SSR

Mining

Inc.

Pershing

LLC

1,225‌

USD

2,664,375‌

USD

23.00

01/20/23

368,181‌

Suncor

Energy

Inc.

Pershing

LLC

475‌

USD

1,548,025‌

USD

37.00

04/14/22

3,284‌

Suncor

Energy

Inc.

Pershing

LLC

475‌

USD

1,548,025‌

USD

37.00

11/18/22

107,709‌

Suncor

Energy

Inc.

Pershing

LLC

495‌

USD

1,613,205‌

USD

40.00

12/16/22

82,864‌

The

Williams

Companies

Inc.

Pershing

LLC

850‌

USD

2,839,850‌

USD

30.00

05/20/22

315,663‌

The

Williams

Companies

Inc.

Pershing

LLC

785‌

USD

2,622,685‌

USD

33.00

11/18/22

216,515‌

TotalEnergies

SE,

ADR

Pershing

LLC

870‌

USD

4,396,980‌

USD

60.00

05/20/22

15,234‌

TotalEnergies

SE,

ADR

Pershing

LLC

430‌

USD

2,173,220‌

USD

65.00

08/19/22

13,415‌

TotalEnergies

SE,

ADR

Pershing

LLC

1,270‌

USD

6,418,580‌

USD

64.00

12/16/22

123,208‌

Valero

Energy

Corp.

Pershing

LLC

350‌

USD

3,553,900‌

USD

75.00

04/14/22

931,373‌

Valero

Energy

Corp.

Pershing

LLC

275‌

USD

2,792,350‌

USD

95.00

09/16/22

345,702‌

VanEck

Vectors

Gold

Miners

ETF

Pershing

LLC

439‌

USD

1,683,565‌

USD

32.00

04/14/22

281,335‌

VanEck

Vectors

Gold

Miners

ETF

Pershing

LLC

880‌

USD

3,374,800‌

USD

35.00

06/17/22

391,066‌

Wheaton

Precious

Metals

Corp.

Pershing

LLC

1,300‌

USD

6,185,400‌

USD

47.00

09/16/22

606,806‌

Wheaton

Precious

Metals

Corp.

Pershing

LLC

1,300‌

USD

6,185,400‌

USD

50.00

10/21/22

515,105‌

Wheaton

Precious

Metals

Corp.

Pershing

LLC

1,300‌

USD

6,185,400‌

USD

52.50

12/16/22

499,038‌

Yamana

Gold

Inc.

Pershing

LLC

2,750‌

USD

1,534,500‌

USD

5.00

04/14/22

168,716‌

Yamana

Gold

Inc.

Pershing

LLC

5,000‌

USD

2,790,000‌

USD

5.00

07/15/22

400,554‌

Yamana

Gold

Inc.

Pershing

LLC

5,425‌

USD

3,027,150‌

USD

5.50

10/21/22

400,768‌

TOTAL

OTC

CALL

OPTIONS

WRITTEN

$

41,042,788‌

OTC

Put

Options

Written

—

(0.1)%

Energy

Select

Sector

SPDR

ETF

Pershing

LLC

1,000‌

USD

7,644,000‌

USD

65.00

10/21/22

$

299,096‌

Fresnillo

plc

Morgan

Stanley

250‌

GBP

1,835,000‌

GBp

600.00

12/16/22

179,123‌

Utilities

Select

Sector

SPDR

Fund

Pershing

LLC

590‌

USD

4,393,140‌

USD

64.50

06/17/22

45,013‌

Utilities

Select

Sector

SPDR

Fund

Pershing

LLC

400‌

USD

2,978,400‌

USD

68.00

12/16/22

108,451‌

VanEck

Vectors

Gold

Miners

ETF

Pershing

LLC

2,000‌

USD

7,670,000‌

USD

31.00

10/21/22

220,397‌

TOTAL

OTC

PUT

OPTIONS

WRITTEN

$

852,080‌

Description

Number

of

Contracts

Notional

Amount

Exercise

Price

Expiration

Date

Market

Value

Exchange

Traded

Call

Options

Written

—

(1.0)%

Dundee

Precious

Metals

Inc.

2,125‌

CAD

1,585,250‌

CAD

9.50

09/16/22

$

46,744‌

Dundee

Precious

Metals

Inc.

2,125‌

CAD

1,585,250‌

CAD

9.50

12/16/22

81,590‌

5

GAMCO

Global

Gold,

Natural

Resources

&

Income

Trust

Schedule

of

Investments

(Continued)

—

March

31,

2022

(Unaudited)

Description

Number

of

Contracts

Notional

Amount

Exercise

Price

Expiration

Date

Market

Value

Eldorado

Gold

Corp.

1,650‌

USD

1,849,650‌

USD

10.00

04/14/22

$

214,500‌

Endeavour

Mining

plc

3,000‌

CAD

9,303,000‌

CAD

31.00

04/14/22

166,780‌

Endeavour

Mining

plc

2,400‌

CAD

7,442,400‌

CAD

31.00

05/20/22

285,086‌

Equinox

Gold

Corp.

611‌

USD

505,297‌

USD

10.00

01/20/23

65,988‌

Franco-Nevada

Corp.

700‌

USD

11,166,400‌

USD

135.00

04/14/22

1,830,500‌

Franco-Nevada

Corp.

965‌

USD

15,393,680‌

USD

145.00

05/20/22

1,606,725‌

Freeport-McMoRan

Inc.

1,000‌

USD

4,974,000‌

USD

45.00

04/14/22

522,000‌

Halliburton

Co.

570‌

USD

2,158,590‌

USD

40.00

09/16/22

219,450‌

Harmony

Gold

Mining

Co.

Ltd.,

ADR

2,600‌

USD

1,307,800‌

USD

5.00

08/19/22

201,500‌

K92

Mining

Inc.

4,180‌

CAD

3,820,520‌

CAD

8.50

06/17/22

401,232‌

Occidental

Petroleum

Corp.

380‌

USD

2,156,120‌

USD

55.00

08/19/22

370,500‌

OceanaGold

Corp.

9,500‌

CAD

2,631,500‌

CAD

3.00

12/16/22

341,959‌

SilverCrest

Metals

Inc.

2,000‌

USD

1,782,000‌

USD

10.00

05/20/22

86,000‌

Victoria

Gold

Corp.

1,250‌

CAD

1,987,500‌

CAD

18.00

05/20/22

36,496‌

Victoria

Gold

Corp.

1,350‌

CAD

2,146,500‌

CAD

20.00

12/16/22

102,588‌

Wesdome

Gold

Mines

Ltd.

3,500‌

CAD

5,491,500‌

CAD

12.50

05/20/22

923,889‌

TOTAL

EXCHANGE

TRADED

CALL

OPTIONS

WRITTEN

$

7,503,527‌

Exchange

Traded

Put

Options

Written

—

(0.1)%

Energy

Select

Sector

SPDR

ETF

885‌

USD

6,764,940‌

USD

66.00

01/20/23

$

389,400‌

NextEra

Energy

Partners

LP

250‌

USD

2,084,000‌

USD

65.00

07/15/22

92,500‌

NextEra

Energy

Partners

LP

250‌

USD

2,084,000‌

USD

70.00

10/21/22

63,125‌

NextEra

Energy

Partners

LP

250‌

USD

2,084,000‌

USD

65.00

12/16/22

48,125‌

Utilities

Select

Sector

SPDR

Fund

300‌

USD

2,233,800‌

USD

63.00

04/14/22

300‌

Utilities

Select

Sector

SPDR

Fund

800‌

USD

5,956,800‌

USD

62.00

09/16/22

59,200‌

VanEck

Agribusiness

ETF

330‌

USD

3,449,820‌

USD

83.00

08/19/22

17,325‌

VanEck

Agribusiness

ETF

380‌

USD

3,972,520‌

USD

98.00

11/18/22

152,000‌

VanEck

Vectors

Gold

Miners

ETF

2,000‌

USD

7,670,000‌

USD

26.00

06/17/22

20,000‌

TOTAL

EXCHANGE

TRADED

PUT

OPTIONS

WRITTEN

$

841,975‌

TOTAL

OPTIONS

WRITTEN

$

50,240,370‌