Welcome to our dedicated page for Gabelli Health & Wellness news (Ticker: GRX), a resource for investors and traders seeking the latest updates and insights on Gabelli Health & Wellness stock.
Gabelli Health & Wellness (GRX) provides investors with a focused approach to healthcare and wellness sector investments through its closed-end fund structure. This news hub offers centralized access to all official updates and market developments related to the company's portfolio strategy.
Track key developments through timely updates including earnings announcements, regulatory filings, and strategic initiatives. The curated collection features press releases on asset allocation changes, dividend declarations, and sector-specific investment decisions that shape GRX's position in healthcare markets.
Users will find verified information spanning corporate governance updates, portfolio performance reports, and industry analysis relevant to GRX's investment focus areas. Content types include SEC disclosures, management commentary, and material event notifications essential for informed decision-making.
Bookmark this page for direct access to primary source documents and analysis of GRX's activities in pharmaceutical investments, healthcare services positioning, and wellness industry engagements. Regular updates ensure stakeholders maintain current awareness of this specialized investment vehicle's market movements.
Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) has declared a quarterly cash distribution of $0.15 per share, payable on March 24, 2025, to shareholders of record on March 17, 2025. The current distribution breakdown consists of approximately 1% from net investment income, 4% from net capital gains, and 95% return of capital on a book basis.
The Fund's Board of Trustees reviews potential distributions quarterly, considering net asset value and market conditions. The distribution policy may be modified or terminated at any time. Distributions can be treated as long-term capital gain or qualified dividend income, subject to a maximum 20% federal tax rate for individuals in taxable accounts. U.S. shareholders meeting certain income thresholds will be required to pay an additional 3.8% Medicare surcharge on their net investment income.
Gabelli Healthcare & WellnessRx Trust (NYSE: GRX) has declared a quarterly cash distribution of $0.15 per share, payable on December 20, 2024, to shareholders of record on December 13, 2024. The distribution composition is approximately 5% from net investment income, 84% from net capital gains, and 11% return of capital. The Board of Trustees reviews potential distributions quarterly, considering the Fund's net asset value and market conditions. The distribution policy may be modified or terminated at any time, and distributions might be subject to various tax treatments including long-term capital gains and qualified dividend income.
The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) has declared a $0.15 per share cash distribution for the third quarter, payable on September 23, 2024 to shareholders of record on September 16, 2024. The Fund aims to pay quarterly distributions, with the amount determined by the Board of Trustees. Additionally, an adjusting distribution may be paid in December to meet minimum distribution requirements.
The distribution breakdown for 2024 is estimated as 5% from net investment income, 88% from net capital gains, and 7% deemed return of capital. However, this is subject to final determination after year-end. Shareholders will receive detailed tax information via Form 1099-DIV in early 2025. The Fund's distribution policy is subject to modification by the Board of Trustees, considering factors such as net asset value and market conditions.
The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) announced a $0.15 per share distribution for Q2 2024, payable on June 21, 2024, to shareholders recorded by June 13, 2024.
The Fund aims for quarterly distributions, with potential adjusting distributions in December based on income and net capital gains.
Distributions may be classified as long-term capital gain, qualified dividend income, or return of capital. Currently, the 2024 distributions are estimated to consist of 3% net investment income, 27% net capital gains, and 70% return of capital.
The Board of Trustees reviews and may adjust the distribution policy based on the Fund’s net asset value and market conditions.
Final tax treatment of distributions will be detailed to shareholders through Form 1099-DIV in early 2025.
The Gabelli Healthcare & Wellness Trust (NYSE: GRX) announced a cash distribution of $0.15 per share, payable on March 24, 2023, to shareholders on record as of March 17, 2023. The Fund's Board of Trustees will review quarterly distributions and may adjust them based on earnings and market conditions. Shareholders should note that if earnings do not cover distributions, the excess may be treated as a return of capital, affecting their cost basis. The Fund currently has $272 million in total net assets, focusing on long-term capital growth.
The Gabelli Healthcare & Wellness Trust (NYSE:GRX) announced the initial closing of a private placement for 5.20% Series G Cumulative Preferred Shares, raising
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