# The Gabelli Healthcare & Wellness Trust (GRX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/grx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Passive Index · Inception: 2007-06-19 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... ## Key Facts | Metric | Value | |---|---| | Price | $10.00 | | Expense Ratio | 3.17% | | Assets Under Management | $145.4M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 6.80% | | Annual Distribution (TTM) | $0.68 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $8.80 – $10.20 | | Beta | 0.82 | ## Latest Distribution - Amount: $0.1700 /share - Ex-date: 2026-09-16 - Pay date: 2026-09-23 ## Frequently Asked Questions ### 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. ### Does GRX pay a dividend? The Gabelli Healthcare & Wellness Trust (GRX) currently distributes little or no income. Trailing-twelve-month yield is 6.80%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does GRX pay dividends? The Gabelli Healthcare & Wellness Trust pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is GRX's dividend yield? GRX's trailing-twelve-month yield is 6.80%, calculated from the sum of dividends over the past year divided by the current price. ### When is GRX's next ex-dividend date? The most recently announced ex-dividend date for GRX was 2026-09-16. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will GRX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.17% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GRX charge its expense ratio? The expense ratio is deducted in tiny daily slices from GRX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GRX cost more than a fund like VOO? GRX is a passive index fund (current expense ratio 3.17%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to GRX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GRX (3.17%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/grx - Distribution history: https://www.dividenddata.com/funds/grx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/grx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/grx/expenses - Peer comparison: https://www.dividenddata.com/funds/grx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.