GRX

The Gabelli Healthcare & Wellness Trust (GRX) is a closed-end management investment company that focuses on equity investments in the healthcare and wellness sectors. Managed by Gabelli Funds, LLC, the fund invests primarily in common stocks and other securities of companies involved in healthcare products and services, pharmaceuticals, biotechnology, medical devices, health insurance, and wellness-related businesses. The trust employs a value-oriented investment approach, seeking companies with strong fundamentals, sustainable competitive advantages, and attractive risk-reward profiles within the healthcare industry. GRX typically maintains a diversified portfolio across various market capitalizations, from large-cap pharmaceutical companies to smaller specialty healthcare providers. The fund may also utilize leverage to enhance potential returns, writing covered call options on portions of its portfolio to generate additional income. As a closed-end fund, GRX trades on the New York Stock Exchange with a fixed number of shares, which can result in the market price trading at either a premium or discount to its net asset value. The trust provides investors with exposure to the healthcare sector's growth potential while offering regular distributions. Gabelli Funds brings decades of investment management experience to GRX, applying its research-driven methodology to identify opportunities across the evolving healthcare landscape, including emerging trends in digital health, personalized medicine, and aging demographics.