GRX

Gabelli Healthcare & Wellness Trust

10.16 USD
-0.06
0.59%
At close Feb 7, 4:00 PM EST
1 day
-0.59%
5 days
-1.65%
1 month
4.74%
3 months
-3.61%
6 months
0.10%
Year to date
5.18%
1 year
3.57%
5 years
-13.09%
10 years
-5.49%
 

About: Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least its assets in equity securities and income-producing securities of domestic and foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment and Supplies, and Pharmaceuticals account for the majority of the weightage.

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

60% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 15

15% more capital invested

Capital invested by funds: $45.8M [Q2] → $52.7M (+$6.88M) [Q3]

0.56% more ownership

Funds ownership: 27.88% [Q2] → 28.44% (+0.56%) [Q3]

3% less funds holding

Funds holding: 67 [Q2] → 65 (-2) [Q3]

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Research analyst outlook

We haven’t received any recent analyst ratings for GRX.

Financial journalist opinion

Neutral
GlobeNewsWire
2 months ago
Gabelli Healthcare & WellnessRx Trust Declares Fourth Quarter Distribution of $0.15 Per Share
RYE, N.Y., Nov. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE: GRX) (the “Fund”) declared a $0.15 per share cash distribution payable on December 20, 2024 to common shareholders of record on December 13, 2024.
Gabelli Healthcare & WellnessRx Trust Declares Fourth Quarter Distribution of $0.15 Per Share
Neutral
Seeking Alpha
2 months ago
GRX: Another Potential Activist Target
Gabelli Healthcare & Wellness Trust (GRX) is a closed-end fund with a significant discount and historically has underperformed its peers. GRX's discount could potentially be realized as Saba Capital Management has grown its stake in the fund this year. Typically, a distribution increase is the main go-to tool, but tender offers or mergers are also an option.
GRX: Another Potential Activist Target
Neutral
GlobeNewsWire
5 months ago
Gabelli Healthcare & WellnessRx Trust Declares Third Quarter Distribution of $0.15 Per Share
RYE, N.Y., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) declared a $0.15 per share cash distribution payable on September 23, 2024 to common shareholders of record on September 16, 2024.
Gabelli Healthcare & WellnessRx Trust Declares Third Quarter Distribution of $0.15 Per Share
Neutral
GlobeNewsWire
8 months ago
Gabelli Healthcare & WellnessRx Trust Declares Second Quarter Distribution of $0.15 Per Share
RYE, N.Y., May 16, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) declared a $0.15 per share cash distribution payable on June 21, 2024 to common shareholders of record on June 13, 2024.
Gabelli Healthcare & WellnessRx Trust Declares Second Quarter Distribution of $0.15 Per Share
Neutral
GlobeNewsWire
11 months ago
Gabelli Healthcare & WellnessRx Trust Declares First Quarter Distribution of $0.15 Per Share
RYE, N.Y., Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) declared a $0.15 per share cash distribution payable on March 21, 2024 to common shareholders of record on March 14, 2024.
Gabelli Healthcare & WellnessRx Trust Declares First Quarter Distribution of $0.15 Per Share
Neutral
GlobeNewsWire
1 year ago
Gabelli Healthcare & WellnessRx Trust Declares Fourth Quarter Distribution of $0.15 Per Share
RYE, N.Y., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) declared a $0.15 per share cash distribution payable on December 22, 2023 to common shareholders of record on December 15, 2023.
Gabelli Healthcare & WellnessRx Trust Declares Fourth Quarter Distribution of $0.15 Per Share
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