Gabelli Healthcare & Wellness Trust:GRX

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    Overview

    As of 2/21/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$11.82$13.55-12.77%
    52 Wk Avg$10.72$12.33-13.06%
    52 Wk High$11.92$13.61-10.03%
    52 Wk Low$10.00$11.39-16.00%
    Regular Distribution TypeIncome Only
    Distribution Rate4.74%
    Distribution Amount$0.1400
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Healthcare Trust will invest at least 80% of its assets, plus borrowings made for investment purposes, in equity securities such as common stock and preferred stock and income producing securities, such as fixed income debt securities and securities convertible into common stock, of domestic and foreign companies in the healthcare and wellness industries. The remaining 20% of its assets may be invested in other securities, including stocks, debt obligations and money market instruments, as well as certain derivative instruments in the healthcare and wellness industries or other industries.

    Capital Structure

    As of 2/21/2020

    Total Investment Exposure:$318.299M
    Total Common Assets:$251.263M
    Common Shares Outstanding:18,543,423
    Leverage

    As of 12/31/2018

    Preferred Share Assets: $67.036M
    Total Debt (USD):
    Regulatory Leverage (USD): $67.036M
    Effective Leverage (USD): $67.036M
    Effective Leverage (%): 21.06%
    Annual Expense Ratios

    As of 12/31/2019

      Per Common Share
    Management Fees1.00%
    Other Expenses:0.61%
    Baseline Expense: N/A
    Interest Expense:0.00%
    Total: 1.61%
    Fund Management

    Fund Sponsor
    Gabelli

    Portfolio Managers
    Kevin V. Dreyer, Jeffrey J. Jonas, Mario J. Gabelli

    Basics
    Category: Equity-Sector Equity
    Ticker: GRX
    NAV Ticker: XXGRX
    Average Daily Volume (shares): 34,535
    Average Daily Volume (USD): $0.369M
    Inception Date: 6/19/2007
    Inception Share Price: $8.00
    Inception NAV: $8.00
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 2/21/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2019
    -$0.0876
    Annualized Distribution Rate on NAV:
    As of 2/21/2020
    4.13%
    Total Return on NAV (12 months):
    As of 2/21/2020
    13.88%
    Total % Portfolio Effectively Leveraged:
    As of 2/21/2020
    21.06%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 2/21/2020

    PeriodAvg Discount
    6 Month-13.02%
    1 Year-13.06%
    3 Year-13.32%
    5 Year-13.00%
    Z-Score

    As of 2/21/2020

    PeriodZStat
    3 Month0.09
    6 Month0.40
    1 Year0.31
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 2/21/2020
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-2.95%-1.91%-1.60%-2.38%
    201931.28%25.21%27.00%22.81%
    2018-5.75%-2.74%-12.66%-10.55%
    201715.05%13.11%18.58%13.02%
    2016-3.07%-3.63%17.45%14.67%
    20153.21%4.55%-15.98%-12.75%
    201410.16%16.63%5.16%4.65%
    201331.67%28.70%16.34%17.44%
    201236.80%25.37%12.53%11.75%
    201113.33%10.29%-1.05%0.79%
    20105.97%9.15%20.02%17.83%
    200933.73%24.96%50.36%35.04%
    2008-28.55%-22.03%-42.07%-39.30%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 2/21/2020
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 9/30/2019
    131
    Annual Portfolio Turnover:
    As of 12/31/2019
    32.40%
    Asset Allocation

    As of 9/30/2019 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2019 reported by Fund Sponsor

    Sector%Portfolio
    Defensive (Super Sector)91.05%
    Healthcare56.22%
    Consumer Defensive34.83%
    Cash Equivalents (Super Sector)3.70%
    Cash Equivalents3.70%
    Sensitive (Super Sector)3.00%
    Cyclical (Super Sector)2.15%
    Technology2.11%
    Basic Materials1.94%
    Industrials0.89%
    Top Holdings

    As of 9/30/2019 reported by Fund Sponsor

    HoldingValue% Portfolio
    Nestle SA$7.59M2.66%
    Allergan PLC$6.26M2.19%
    Mondelez International Inc Class A$6.09M2.13%
    Danone SA$6.08M2.13%
    HCA Healthcare Inc$6.02M2.11%
    Conagra Brands Inc$5.83M2.04%
    Thermo Fisher Scientific Inc$5.83M2.04%
    Post Holdings Inc$5.82M2.04%
    Kikkoman Corp$5.63M1.97%
    Cigna Corp$5.62M1.96%
    Credit Quality

    As of 9/30/2019 reported by Fund Sponsor

    Country Allocation

    As of 9/30/2019 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity80.15%
    Japan - Equity5.85%
    Switzerland - Equity2.83%
    United Kingdom - Equity2.50%
    France - Equity2.13%
    Canada - Equity1.10%
    Germany - Equity0.75%
    Hong Kong - Equity0.60%
    China - Equity0.13%
    Denmark - Equity0.10%
    Italy - Equity0.07%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-1014244PR-E1119W