The Board of Trustees of the GAMCO Natural Resources, Gold, & Income Trust (NYSE:GNT) (the "Fund") approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of January, February, and March 2017. The annualized amount of $0.60 per share approximates 8% of the current net asset value (NAV) per share of $7.15 as of November 16, 2016. The distributions are expected to be a non-taxable return of capital. A number of factors were considered by the Board in setting the Fund's monthly distribution level to $0.05 per share for the first quarter of 2017. The Board believes that it is in the best interest of shareholders for the Fund to continue distributions but to retain more capital in order for the Fund to benefit from expected increased levels of market volatility. The use of share repurchases undertaken when the Fund was trading at a discount to NAV was advantageous to the Fund. Year to date through September 30, 2016, the Fund has experienced an increase in NAV and market price per share of 28% and 48%, respectively. The distribution for January 2017 will be payable on January 24, 2017 to common shareholders of record on January 17, 2017. The distribution for February 2017 will be payable on February 21, 2017 to common shareholders of record on February 13, 2017. The distribution for March 2017 will be payable on March 24, 2017 to common shareholders of record on March 17, 2017. 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.