RYE, N.Y., May  13, 2026  (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare &amp; WellnessRx Trust (NYSE:GRX) (the &#34;Fund&#34;) declared a $0.17 per share cash distribution payable on June 23, 2026 to common

GAMI

Gabelli Healthcare & WellnessRx Trust Declares Second Quarter Distribution of $0.17 Per Share

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<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>RYE, N.Y., May  13, 2026  (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare &amp;amp; WellnessRx Trust (NYSE:GRX) (the &amp;#34;Fund&amp;#34;) declared a $0.17 per share cash distribution payable on June 23, 2026 to common</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>The Gabelli Healthcare &amp; Wellness Trust announced a $0.17 cash distribution, highlighting its focus on maintaining shareholder value. This distribution reflects the Fund&#039;s performance and is subject to quarterly assessments, impacting investor perceptions of GAMI&#039;s financial health.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Gabelli Healthcare &amp; Wellness Trust declares $0.17 cash distribution for June 2026.</li><li>Distribution is payable to shareholders of record on June 15, 2026.</li><li>Fund may adjust distribution amounts based on performance each quarter.</li><li>2026 distributions comprise 6% net income, 63% capital gains, 31% return of capital.</li><li>Tax implications for dividends and returns of capital discussed.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Gabelli Healthcare &amp; Wellness Trust (GRX)</strong>: Declared cash distribution, directly relates to investor confidence in GAMI.</li><li><strong>GAMCO Investors, Inc. (GAMI)</strong>: Management firm of GRX; financial health linked to performance of GRX.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This analysis falls under Corporate Developments as it pertains to the distribution policy of a major fund managed by GAMI. It reflects broader investment strategies and shareholder engagement, which are critical for maintaining investor relationships and market perception.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The $0.17 distribution could attract income-focused investors to GAMI.</li><li>Increased visibility from GRX&#039;s distribution may enhance GAMI&#039;s market confidence.</li><li>Tax treatment details could influence investor sentiment on future distributions.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Distribution amount is $0.17 per share, payable on June 23, 2026.</li><li>Shareholders of record date is June 15, 2026.</li><li>6% of 2026 distributions from net investment income, 63% from capital gains.</li><li>Distribution policy subject to quarterly review by the Board of Trustees.</li><li>Current total net assets of the Fund at $216 million.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider purchasing GAMI stock in anticipation of favorable investor reactions to the announced distribution.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">RYE, N.Y., May  13, 2026  (GLOBE NEWSWIRE) -- The Board of Trustees of The Gabelli Healthcare &amp; Wellness<sup>Rx</sup> Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/GRX">GRX</a>) (the "Fund") declared a $0.17 per share cash distribution payable on June 23, 2026 to common shareholders of record on June 15, 2026.</p>  <p align="justify">The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Trustees. In addition to the quarterly distributions, and in accordance with the minimum distribution requirements of the Internal Revenue Code for regulated investment companies, the Fund may pay an adjusting distribution in December which includes any additional income and net realized capital gains in excess of the quarterly distributions for that year.</p>  <p align="justify">Each quarter, the Board of Trustees reviews the amount of any potential distribution and the income, realized capital gain, or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the current financial market environment. The Fund's distribution policy is subject to modification or termination by the Board of Trustees at any time, and there can be no guarantee that the policy will continue. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.</p>  <p align="justify">All or part of the distribution may be treated as long-term capital gain or qualified dividend income (or a combination of both) for individuals, each subject up to the maximum federal income tax rate for long term capital gains, which is currently 20% in taxable accounts for individuals (or less depending on an individual's tax bracket). In addition, certain U.S. shareholders who are individuals, estates or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their &#34;net investment income&#34;, which includes dividends received from the Fund and capital gains from the sale or other disposition of shares of the Fund.</p>  <p align="justify">If the Fund does not generate sufficient earnings (dividends and interest income, less expenses, and realized net capital gain) equal to or in excess of the aggregate distributions paid by the Fund in a given year, then the amount distributed in excess of the Fund's earnings would be deemed a return of capital. Since this would be considered a return of a portion of a shareholder's original investment, it is generally not taxable and would be treated as a reduction in the shareholder's cost basis.</p>  <p align="justify">Long-term capital gains, qualified dividend income, investment company taxable income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund currently available, each of the distributions paid to common shareholders in 2026 would include approximately 6% from net investment income, 63% from net capital gains and 31% would be deemed a return of capital on a book basis. This does not represent information for tax reporting purposes. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (<a href="http://www.gabelli.com" title="www.gabelli.com">www.gabelli.com</a>). The final determination of the sources of all distributions in 2026 will be made after year end and can vary from the quarterly estimates. Shareholders should not draw any conclusions about the Fund's investment performance from the amount of the current distribution. All individual shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2026 distributions in early 2027 via Form 1099-DIV.</p>  <p align="justify"><em>Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. For more information regarding the Fund's distribution policy and other information about the Fund, call:</em></p>  <p align="justify"><em>Bethany Uhlein</em><br></br><em>(914) 921-5546</em></p>  <p align="left"><strong>About The Gabelli Healthcare &amp; Wellness</strong><sup><strong>Rx</strong></sup><strong> Trust</strong><br></br>The Gabelli Healthcare &amp; Wellness<sup>Rx</sup> Trust is a diversified, closed-end management investment company with $216 million in total net assets whose primary investment objective is long-term growth of capital. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (OTCQX:<a class="ticker" href="https://www.benzinga.com/quote/GAMI">GAMI</a>).</p>  <p align="left">NYSE: GRX<br></br>CUSIP – 36246K103</p>  <p align="left">Investor Relations Contact: <br></br>Bethany Uhlein<br></br>914.921.5546<br></br>buhlein@gabelli.com</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcxOTQ3NCM3NjAwOTgyIzIyNTkwNzM="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ODkyOTk2NWYtMzJkZS00ZGRlLWE0MDAtN2YzMzQ0NjE1MzAxLTEyNzA2MjMtMjAyNi0wNS0xMy1lbg==/tiny/The-Gabelli-Healthcare-Wellnes.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/518ebb08-69ce-410a-8fe1-07b9afaddb77"><img src="https://ml.globenewswire.com/media/518ebb08-69ce-410a-8fe1-07b9afaddb77/small/gabelli-funds-hor-positive-cmyk-jpg.jpg" border="0" width="150" height="40" alt="Primary Logo"></img></a></p>

The Gabelli Healthcare & Wellness Trust announced a $0.17 cash distribution, highlighting its focus on maintaining shareholder value. This distribution reflects the Fund's performance and is subject to quarterly assessments, impacting investor perceptions of GAMI's financial health.

Gabelli Healthcare & WellnessRx Trust Declares Second Quarter Distribution of $0.17 Per Share

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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