GRX: Underwhelming Performance Metrics And Inconsistent Dividend Coverage [Seeking Alpha]
The Gabelli Healthcare & Wellness Trust Common Shares of Beneficial Interest (GRX)
US:NYSE Investor Relations:
gabelli.com/funds/products/-118.html
Company Research
Source: Seeking Alpha
GRX offers a 7% dividend yield but struggles with negative net investment income and inconsistent earnings, especially in a high interest rate environment. The fund relies heavily on net realized gains to support distributions, resulting in NAV erosion and total returns that lag both sector peers and ETFs like XLV. GRX's leverage amplifies sensitivity to interest rates, and current distributions lack tax efficiency, making it best suited for tax-advantaged accounts. Richard Drury/DigitalVision via Getty Images Overview Gabelli Healthcare & WellnessRx Trust ( GRX ) operates as a closed end fund that aims to provide attractive total returns through its portfolio of healthcare focused securities. The fund has an inception dating back to This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself
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GRX
Sec Filings
- 1/14/26 - Form 4
- 1/12/26 - Form 4
- 1/2/26 - Form 4
- GRX's page on the SEC website