Gabelli Healthcare & Wellness Trust (GRX)

• Market cap: $152M
• 1 day: 0.83%
• 5 days: -2.51%
• 1 month: -5.17%
• 3 months: -12.50%
• 6 months: 1.67%
• Year to date: 2.10%
• 1 year: 4.96%
• 5 years: -14.80%
• 10 years: -7.16%

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.

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

14% more capital invested

Capital invested by funds: $45.8M [Q2] → $52.2M (+$6.38M) [Q3]

0.3% more ownership

Funds ownership: 27.88% [Q2] → 28.18% (+0.3%) [Q3]

4% less funds holding

Funds holding: 67 [Q2] → 64 (-3) [Q3]

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8