The Gabelli Healthcare & Wellness Trust [GRX] Stock Forecast

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.

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.

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.

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 But the poor performing stocks have been replaced by well-performing ones.

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.

GRX's return has replicated the S&P 500 index, but has always performed less than the index.

The Month In Closed-End Funds: December 2021

RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) is pleased to announce the issuance of four million 4.00% Series E Cumulative Preferred Shares (“Series E Preferred”) with an aggregate liquidation value of $40 million. The Series E Preferred is non-callable until December 26, 2024, and has a liquidation preference of $10 per share. Distributions are scheduled to be paid quarterly beginning on December 26, 2021. The Board

Gabelli Healthcare & Wellness Trust is mainly invested in Healthcare and Health Food segments.

RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) declared a $0.15 per share cash distribution payable on September 23, 2021 to common shareholders of record on September 16, 2021. The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Trustees. The Board of Trustees may change the amount of the quarterly distribution at any time. In addition to the quarterly distributions, an

The Gabelli Healthcare & Wellness Trust is a US stock , located in Rye of Ny and trading under the symbol GRX

The Gabelli Healthcare & Wellness Trust stock price is $10.09 today.

Yes, The Gabelli Healthcare & Wellness Trust is a publicly traded company.