The Gabelli Healthcare & Wellness Trust

Frequently Asked Questions About GRX

What does GRX invest in?

The Gabelli Healthcare & Wellness Trust operates as a closed-ended equity fund, originally established by GAMCO Investors, Inc. Gabelli Funds, LLC serves as its investment manager. This fund's mandate is to invest globally in public equities, with a predominant focus on companies operating within the healthcare and wellness sectors. It considers businesses irrespective of their market capitalization, investing across the full spectrum. To gauge its performance, the Trust benchmarks its portfolio against the S&P 500 Index, the S&P 500 Consumer Staples Index, and the S&P 500 Health Care Index. Formed on February 20, 2007, The Gabelli Healthcare & Wellness Trust is domiciled in the United States.

What is the expense ratio of GRX?

The Gabelli Healthcare & Wellness Trust (GRX) charges an expense ratio of 3.17%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GRX?

The Gabelli Healthcare & Wellness Trust (GRX) manages $145.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is GRX actively managed or an index fund?

GRX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (GRX's is 3.17%) because there's no security selection cost.

When was GRX launched?

The Gabelli Healthcare & Wellness Trust (GRX) launched in June 2007 and is managed by the fund issuer.

How has GRX performed?

GRX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.