Gabelli Healthcare & WellnessRx Trust Announces Q3 Distribution of $0.17 Per Share and Confirms Annual Distribution of $0.68 Per Share | Intellectia.AI
Gabelli Healthcare & WellnessRx Trust Announces Q3 Distribution of $0.17 Per Share and Confirms Annual Distribution of $0.68 Per Share
Written by Emily J. Thompson, Senior Investment Analyst
Distribution Announcement: The Gabelli Healthcare & Wellness Rx Trust declared a cash distribution of $0.17 per share, payable on September 23, 2025, to shareholders recorded by September 16, 2025.
Quarterly Review Process: The Board of Trustees will review and determine the quarterly distribution amounts based on the Fund's income, realized capital gains, and market conditions, with the possibility of adjusting distributions in December.
Tax Implications: Portions of the distribution may be treated as long-term capital gains or qualified dividend income, subject to federal tax rates, and excess distributions over earnings may be considered a return of capital, generally not taxable.
Fund Overview: The Gabelli Healthcare & Wellness Rx Trust is a closed-end investment company focused on long-term capital growth, managed by Gabelli Funds, LLC, with total net assets of $197 million.
GRX
$9.44+Infinity%1D
Analyst Views on GRX
About GRX
The Gabelli Healthcare & WellnessRx Trust (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is long term growth of capital. It is focused on investing approximately 80% of its assets in equity securities and income producing securities of domestic and foreign companies in the healthcare and wellness industries. The Fund invests in various geographic regions, including North America, Europe, Japan and Asia/Pacific. The Fund’s portfolio of investments in various sectors include food; healthcare providers and services; pharmaceuticals; healthcare equipment and supplies; beverages; biotechnology; household and personal products; electronics; specialty chemicals, and food and staples retailing. Gabelli Funds, LLC serves as the investment advisor of the Fund.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
