Gabelli Healthcare & WellnessRx Trust Declares Fourth Quarter Distribution of $0.17 Per Share

Rhea-AI Summary

Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) declared a $0.17 per share cash distribution payable on December 19, 2025 to shareholders of record on December 12, 2025. The Board sets quarterly distributions and may add an adjusting December distribution to meet RIC tax requirements.

The Fund estimates 2025 distributions will be ~5% net investment income and ~95% net capital gains on a book basis; final tax components will be determined after year end and reported on Form 1099-DIV in early 2026.

Positive

• Declared distribution of $0.17 per share
• Payment date set for December 19, 2025
• Estimated distributions include 95% net capital gains (book basis)

Negative

• Estimated distributions include only 5% net investment income (book basis)
• Distribution policy subject to modification or termination by the Board
• Distributions exceeding earnings may be treated as return of capital

Insights

Fund distribution analyst

Routine quarterly cash distribution of $0.17 per share payable Dec 19, 2025; mostly sourced from capital gains.

The Fund declared a $0.17 per share cash distribution payable on Dec 19, 2025 to shareholders of record on Dec 12, 2025. The Board sets the distribution each quarter and may add an adjusting December distribution to meet RIC minimum distribution rules. The announced distribution is explicit and cash-funded for the stated pay date.

The composition is material for tax and cash-flow interpretation: based on current accounting, the 2025 distributions are ~5% net investment income and ~95% net capital gains on a book basis, which implies most of the payout reflects realized gains rather than recurring income. If the Fund’s earnings fall short of aggregate distributions, amounts in excess would be treated as a return of capital. Shareholders face ordinary tax considerations and a possible 3.8% Medicare surtax on net investment income where applicable.

Watch for the Board’s year-end final determination of distribution sources and any adjusting December payment, and expect written tax reporting on Form 1099-DIV in early 2026. Near-term investor focus: confirmation of the final allocation of income vs. capital gains, and whether future quarterly distributions remain at similar levels given the Board’s stated ability to modify the policy.

RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare & Wellness^Rx Trust (NYSE:GRX) (the “Fund”) declared a $0.17 per share cash distribution which will be payable on December 19, 2025 to common shareholders of record on December 12, 2025.

The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Trustees. In addition to the quarterly distributions, and in accordance with the minimum distribution requirements of the Internal Revenue Code for regulated investment companies, the Fund may pay an adjusting distribution in December which includes any additional income and net realized capital gains in excess of the quarterly distributions for that year.

Each quarter, the Board of Trustees reviews the amount of any potential distribution and the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund’s distribution level, taking into consideration the Fund’s net asset value and the current financial market environment. The Fund’s distribution policy is subject to modification or termination by the Board of Trustees at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.

All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject up to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income", which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.

If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund’s earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder’s original investment, it is generally not taxable and would be treated as a reduction in the shareholder’s cost basis.

Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2025 would include approximately 5% from net investment income and 95% from net capital gains on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2025 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2025 distributions in early 2026 via Form 1099-DIV.

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund’s distribution policy and other information about the Fund, call:

Bethany Uhlein
(914) 921-5546

About The Gabelli Healthcare & Wellness^Rx Trust
The Gabelli Healthcare & Wellness^Rx Trust is a diversified, closed-end management investment company with $215 million in total net assets whose primary investment objective is long-term growth of capital. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX: GAMI).

NYSE: GRX
CUSIP – 36246K103

THE GABELLI HEALTHCARE & WELLNESS^Rx TRUST

Investor Relations Contact: 
Bethany Uhlein
914.921.5546
buhlein@gabelli.com

FAQ

What amount did Gabelli Healthcare & WellnessRx Trust (GRX) declare for the Q4 2025 distribution?

The Board declared a $0.17 per share cash distribution.

When is the GRX distribution payable and what is the record date?

Payable December 19, 2025 to holders of record on December 12, 2025.

What are the estimated tax components of GRX distributions for 2025?

On a book basis, distributions are estimated ~5% net investment income and ~95% net capital gains.

Will GRX make an additional adjusting distribution in December 2025?

The Fund may pay an adjusting December distribution to satisfy RIC minimum distribution requirements.

How will shareholders learn the final tax treatment of GRX 2025 distributions?

Final allocation will be provided after year end and reported on Form 1099-DIV in early 2026.

Could part of the GRX distribution be a return of capital and what does that mean?

If distributions exceed earnings, the excess may be treated as a return of capital, reducing cost basis rather than being taxable income.