NYSE:GRX
The Gabelli Healthcare & Wellness Trust Stock News
$9.43
+0.0050 (+0.0531%)
At Close: Apr 29, 2024
GRX: There Are Better Alternatives In The Healthcare CEF Sector
07:23am, Friday, 03'rd Nov 2023
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
01:04am, Tuesday, 15'th Aug 2023
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
06:19am, Friday, 05'th May 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
04:40pm, Monday, 20'th Mar 2023
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
Weekly Closed-End Fund Roundup: VFL Tender Results (December 18, 2022)
11:19pm, Tuesday, 27'th Dec 2022
2 out of 23 CEF sectors were positive on price and 2 out of 23 sectors were positive on NAV last week. VFL offers tender results.
GRX: Lagging Peers, But Discount Is Attractive
02:31pm, Wednesday, 14'th Dec 2022
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
04:42am, Wednesday, 14'th Dec 2022
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
05:31pm, Monday, 09'th May 2022
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
06:21am, Monday, 21'st Feb 2022
GRX's return has replicated the S&P 500 index, but has always performed less than the index.
The Month In Closed-End Funds: December 2021
12:20pm, Monday, 10'th Jan 2022
The Month In Closed-End Funds: December 2021
Gabelli Healthcare & WellnessRx Trust Announces the Offering of $40 Million of 4.00% Series E Cumulative Preferred Shares
01:38pm, Friday, 15'th Oct 2021
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
GRX Offers Strong Opportunity At Discounted Price
02:06pm, Monday, 20'th Sep 2021
Gabelli Healthcare & Wellness Trust is mainly invested in Healthcare and Health Food segments.
Gabelli Healthcare & WellnessRx Trust Declares Third Quarter Distribution of $0.15 Per Share
08:45am, Thursday, 19'th Aug 2021
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, 2021 to
Gabelli Healthcare & WellnessRx Trust Declares First Quarter Distribution of $0.15 Per Share
09:11am, Thursday, 25'th Feb 2021
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 March 24, 2021 to com
Gabelli Healthcare & WellnessRx Trust Welcomes Jennie Tsai, Jing He, and Sara Wojda Portfolio Managers
04:05pm, Monday, 04'th Jan 2021
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