GRX

Gabelli Healthcare & Wellness Trust
GRX
Market cap $146M

9.45 USD

-0.17

1.77%

At close Jun 13, 4:00 PM EDT

1 day

-1.77%

5 days

-2.17%

1 month

0.85%

3 months

-4.45%

6 months

-6.06%

Year to date

-2.17%

1 year

-1.66%

5 years

-5.88%

10 years

-13.93%

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.

Financials Asset Management

0

Funds holding %

of 7,296 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

2% more capital invested

Capital invested by funds: $50.7M [Q4 2024] → $51.9M (+$1.22M) [Q1 2025]

0% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 16

0.61% less ownership

Funds ownership: 33.2% [Q4 2024] → 32.59% (-0.61%) [Q1 2025]

11% less funds holding

Funds holding: 65 [Q4 2024] → 58 (-7) [Q1 2025]

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8

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Research analyst outlook

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

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Financial journalist opinion

Gabelli Healthcare & WellnessRx Trust (NYSE: GRX) Increases Quarterly Distribution 13% to $0.17 From $0.15 Annual Distribution to $0.68 From $0.60 Per Share

RYE, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (the “Fund”) approved an increase in the annualized distribution to $0.68 per share, which will be paid $0.17 per share quarterly, commencing with the quarterly distribution payable on June 23, 2025 to common shareholders of record on June 13, 2025.

Gabelli Healthcare & WellnessRx Trust (NYSE: GRX) Increases Quarterly Distribution 13% to $0.17 From $0.15 Annual Distribution to $0.68 From $0.60 Per Share

Gabelli Healthcare & WellnessRx Trust Declares First Quarter Distribution of $0.15 Per Share

RYE, N.Y., Feb. 13, 2025 (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 24, 2025 to common shareholders of record on March 17, 2025.

Gabelli Healthcare & WellnessRx Trust Declares First Quarter Distribution of $0.15 Per Share

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

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

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

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

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

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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