FMP
The Gabelli Healthcare & Wellness Trust
GRX
NYSE
The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector. It invests in stocks of companies across all market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index, S&P 500 Consumer Staples Index, and S&P 500 Health Care Index. The Gabelli Healthcare & Wellness Trust was formed on February 20, 2007 and is domiciled in the United States.
9.8 USD
0 (0%)
Historical Prices
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About
ceo
Mr. Wayne Christopher Pinsent C.F.A.
sector
Financial Services
industry
Asset Management
exchange
NYSE
Description
The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector. It invests in stocks of companies across all market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index, S&P 500 Consumer Staples Index, and S&P 500 Health Care Index. The Gabelli Healthcare & Wellness Trust was formed on February 20, 2007 and is domiciled in the United States.
CIK
0001391437
ISIN
US36246K1034
CUSIP
36246K103
Address
One Corporate Center
Phone
914-921-5000
Country
US
Employee
N/A
IPO Date
Jun 19, 2007
Financial Statement
Earnings
GRX Financial Summary
CIK
0001391437
Exchange
NYSE
Industry
Asset Management
Sector
Financial Services
CUSIP
36246K103
ISIN
US36246K1034
Country
US
Price
9.8
Beta
0.99
Volume Avg.
20.97k
Market Cap
154.84M
Shares
-
52-Week
9.03-11.24
DCF
0.16
ROE
-
ROA
-
Operating Margin
-
Debt/Equity
-
P/E
490
P/B
-
Website
https://www.gabelli.com/Template/fundinfo.cfm?tid=...
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Free Cashflow
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Financial Modelling
Discounted Cashflow Model
Discounted Cashflow Model Levered
Free Cashflow Build-Up
Terminal Value
Intrinsic Value
Weighted Average Cost of Capital
Market Information
Stock Value
Latest GRX News
Seeking Alpha
Nov 3, 2023
GRX: There Are Better Alternatives In The Healthcare CEF Sec...
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 substantial discounts for the past five years. The fund employs a 27% leverage ratio, which has hampered its performance in 2023.
Seeking Alpha
Aug 15, 2023
GRX: Modest Healthcare Fund Trading At A Steep Discount
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 that is well funded by its long-term 5-7% total returns. However, compared to peer funds, the GRX fund has much higher expenses, lower total returns, and higher portfolio volatility. I would personally seek healthcare exposure elsewhere.
Seeking Alpha
May 5, 2023
The Month In Closed-End Funds: April 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 month.
Seeking Alpha
Mar 20, 2023
GRX: High-Yielding CEF Available At Discount, Suits Income-S...
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 demographics and adoption of new medical products and services has started delivering long-term growth for healthcare firms for quite some time.
Seeking Alpha
Dec 27, 2022
Weekly Closed-End Fund Roundup: VFL Tender Results (December...
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.
Seeking Alpha
Dec 14, 2022
GRX: Lagging Peers, But Discount Is Attractive
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.
Seeking Alpha
Dec 14, 2022
GRX: Steady Yield And Returns, Portfolio Looks Impressive Af...
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 over the past 5 years. But the poor performing stocks have been replaced by well-performing ones.
Seeking Alpha
May 9, 2022
GRX: Not Among The Best Closed-End Healthcare-Based Funds
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.
