Gabelli Healthcare & WellnessRx Trust Declares $0.17 1Q Distribution Comprising 60% Return of Capital
Gabelli Healthcare & WellnessRx Trust’s board declared a $0.17 per share cash distribution payable March 24 to shareholders of record March 17, 2026. The 1Q distribution comprises roughly 2% net investment income, 38% net capital gains and 60% return of capital based on current accounting records.
1. Distribution Declaration
The Board of Trustees declared a first quarter cash distribution of $0.17 per share, payable on March 24, 2026, to common shareholders of record as of March 17, 2026. This quarterly payment reflects the amount determined by the board following its routine review of income, gains and capital available.
2. Distribution Composition
Based on current accounting records, the Q1 payout allocates approximately 2% to net investment income, 38% to net realized capital gains and 60% to return of capital on a book basis. These estimates will be finalized after year end and may vary from quarterly projections.
3. Policy Review and Outlook
The fund intends to meet minimum RIC distribution requirements by potentially issuing an adjusting distribution in December. The board evaluates net asset value, earnings and market conditions each quarter and reserves the right to modify or terminate the distribution policy at any time.