Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -0.83% | -8.86% | +1.71% | -6.09% | +11.81% | +17.66% | +18.60% | +9.42% | +1.26% | -5.42% |
| Market-price total return | -0.83% | -8.26% | +3.83% | -2.09% | +19.13% | +28.03% | +28.12% | +17.78% | +10.07% | +4.04% |
| NAV return | +1.41% | -2.81% | +7.45% | -4.53% | +4.72% | +10.90% | +13.92% | +7.38% | +1.73% | -4.95% |
| NAV total return | +1.41% | -2.14% | +9.77% | -0.43% | +11.48% | +20.30% | +22.24% | +14.66% | +9.79% | +3.96% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.24% | 0.18% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.20% | 0.15% | as above |
| Volatility, 5 years | 0.20% | 0.16% | as above |
| Maximum drawdown, 3 years | -15.74% | -15.08% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 1.13 | 1.08 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 1.61 | 1.57 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 0.47 | — | SPY (U.S. equity ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.36 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for GAMCO Natural Resources, Gold & Income Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.