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GRX / GRX: High-Yielding CEF Available At Discount, Suits Income-Seeking Investors

GRX: High-Yielding CEF Available At Discount, Suits Income-Seeking Investors
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. Read More
Posted: Mar 20 2023, 16:40
Author Name: Seeking Alpha
Views: 112518

GRX News  

GRX: There Are Better Alternatives In The Healthcare CEF Sector

By Seeking Alpha
November 3, 2023

GRX: There Are Better Alternatives In The Healthcare CEF Sector

The Gabelli Healthcare & WellnessRx Trust is an underperforming equity closed-end fund (CEF) focused on healthcare stocks. GRX has a -19% discount to more_horizontal

GRX: Modest Healthcare Fund Trading At A Steep Discount

By Seeking Alpha
August 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 f more_horizontal

GRX: High-Yielding CEF Available At Discount, Suits Income-Seeking Investors

By Seeking Alpha
March 20, 2023

GRX: High-Yielding CEF Available At Discount, Suits Income-Seeking Investors

The Gabelli Healthcare & Wellness Rx Trust generates above-average yield and is available at a huge discount. However, its annual average total return more_horizontal

GRX: Lagging Peers, But Discount Is Attractive

By Seeking Alpha
December 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 more_horizontal

GRX: Steady Yield And Returns, Portfolio Looks Impressive After Restructuring

By Seeking Alpha
December 14, 2022

GRX: Steady Yield And Returns, Portfolio Looks Impressive After Restructuring

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 more_horizontal

GRX: Not Among The Best Closed-End Healthcare-Based Funds

By 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 ove more_horizontal


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