Gabelli Healthcare & WellnessRx Trust (NYSE: GRX) Increases Quarterly Distribution 13% to $0.17 From $0.15 Annual Distribution to $0.68 From $0.60 Per Share

Distribution Announcement - The Gabelli Healthcare & Wellness Trust has approved an increase in the annualized distribution to $0.68 per share, with quarterly payments of $0.17 per share starting June 23, 2025 [1] - The Fund may also pay an adjusting distribution in December based on additional income and net realized capital gains exceeding the quarterly distributions for the year [2] Distribution Review Process - The Board of Trustees reviews potential distributions each quarter, considering the Fund's income, realized capital gains, and available capital [3] - The distribution policy is subject to modification or termination by the Board at any time, with no guarantee of continuation [3] Tax Implications - Distributions may be treated as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for long-term capital gains [4] - Certain U.S. shareholders may incur a 3.8% Medicare surcharge on net investment income, which includes dividends and capital gains from the Fund [4] Earnings and Return of Capital - If the Fund's earnings do not meet or exceed the total distributions in a year, the excess amount distributed will be considered a return of capital, generally not taxable [5] - In 2025, distributions to common shareholders are estimated to include approximately 4% from net investment income, 80% from net capital gains, and 16% as a return of capital [6] Fund Overview - The Gabelli Healthcare & Wellness Trust is a diversified, closed-end management investment company with total net assets of $218 million, focusing on long-term capital growth [7]