The Gabelli Healthcare & Wellness Trust (GRX)
| Market Value | 159.58M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 15.80M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.60 (5.93%) |
| Ex-Dividend Date | Sep 16, 2024 |
| Volume | 14,502 |
| Open | 10.14 |
| Previous Close | 10.12 |
| Day's Range | 10.10 - 10.21 |
| 52-Week Range | 8.62 - 11.24 |
| Beta | 1.05 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About GRX
The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector. It invests in stocks of companies across all market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index, S&P 500 Consumer Staples Index, and S&P 500 Health Care Index. The Gabelli Healt... [Read more]
News
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 Decembe...
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 M...
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 Septembe...
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, ...
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...
GRX: There Are Better Alternatives In The Healthcare CEF Sector
The Gabelli Healthcare & WellnessRx Trust is an underperforming equity closed-end fund (CEF) focused on healthcare stocks. GRX has a -19% discount to net asset value, but has traded at very substantia...
GRX: Modest Healthcare Fund Trading At A Steep Discount
The Gabelli Healthcare & Wellness Rx Trust seeks to provide capital gains and income from a portfolio of healthcare and wellness-focused stocks. The fund pays an attractive 6.1% distribution yield tha...
The Month In Closed-End Funds: April 2023
For the first month in three, equity CEFs (+0.67% on a NAV basis) on average witnessed plus-side performance. While their fixed-income CEF cohorts (+0.56%) posted gains for the second consecutive mont...
GRX: High-Yielding CEF Available At Discount, Suits Income-Seeking Investors
The Gabelli Healthcare & Wellness Rx Trust generates above-average yield and is available at a huge discount. However, its annual average total return over the past five years is not that high. Aging ...
Gabelli Healthcare & WellnessRx Trust Announces Initial Closing of Private Placement of 5.20% Series G Cumulative Preferred Shares
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) is pleased to announce the initial closing of a private placement of 5.20% Seri...
GRX: Lagging Peers, But Discount Is Attractive
If you compare GRX to other healthcare peers, it has underperformed. However, GRX isn't focused solely on healthcare, so its portfolio has a bit more flexibility.
GRX: Steady Yield And Returns, Portfolio Looks Impressive After Restructuring
Between 2017 and 2021, GRX generated a yield of 5.2 percent and total return of 12 percent. It recorded positive returns in 8 out of the past 10 years. GRX's major investments generated mixed returns ...
GRX: Not Among The Best Closed-End Healthcare-Based Funds
GRX's total return has been negative, and yield has been quite average over the short term. GRX failed to record double digit average total return over the medium and long term.
GRX: Replicates The Market, But Fails To Beat
GRX's return has replicated the S&P 500 index, but has always performed less than the index.
Gabelli Healthcare & WellnessRx Trust Announces Total Distributions for 2021 of $0.96 Per Common Share
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) announces total distributions for 2021 of $0.96 per share, which includes $0.60 p...
Gabelli Healthcare & WellnessRx Trust Declares Fourth Quarter Distribution of $0.15 Per Share and Announces Additional Year End Distribution
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) reaffirms its quarterly distribution policy and declared a $0.15 per share cash d...
Gabelli Healthcare & WellnessRx Trust Announces the Offering of $40 Million of 4.00% Series E Cumulative Preferred Shares
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) is pleased to announce the issuance of four million 4.00% Series E Cumulative Pre...
GRX Offers Strong Opportunity At Discounted Price
Gabelli Healthcare & Wellness Trust is mainly invested in Healthcare and Health Food segments.
Gabelli Healthcare & WellnessRx Trust Welcomes Jennie Tsai, Jing He, and Sara Wojda Portfolio Managers
RYE, N.Y.--(BUSINESS WIRE)--GAMCO Investors, Inc., (NYSE: GBL) announces the appointment of Jennie Tsai, Jing He, and Sara Wojda to the investment team of the Gabelli Healthcare & WellnessRx Trust (NY...
Gabelli Healthcare & WellnessRx Trust Announces the Issuance of $40 Million of 4.00% Series C Cumulative Preferred Shares
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) is pleased to announce the issuance of two million 4.00% Series C Cumulative Pref...
Gabelli Healthcare & WellnessRx Trust Reaffirms Its Quarterly Distribution Policy and Declares Fourth Quarter Distribution of $0.15 Per Share
RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) reaffirmed its quarterly distribution policy and declared a $0.15 per share cash ...
6%-7% Yields, 10%-16% Discounts: Tekla Healthcare Opportunities, Gabelli Healthcare & Wellness Trust
THQ yields 7.36%, GRX yields 5.66%. THQ is selling at a -10% discount to NAV.
Gabelli Healthcare & WellnessRx Trust Increases Annualized Distribution by 7% Declares Third Quarter Distribution of $0.15 Per Share
RYE, N.Y.--(BUSINESS WIRE)--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, 2020 to com...