Gabelli Healthcare & WellnessRx Trust Declares First Quarter Distribution of $0.17 per Share

Core Viewpoint - The Gabelli Healthcare & Wellness Trust has declared a cash distribution of $0.17 per share, payable on March 24, 2026, to shareholders of record on March 17, 2026 [1]. Distribution Policy - The Fund plans to pay quarterly distributions determined by the Board of Trustees, with potential additional distributions in December based on excess income and net realized capital gains [2]. - The Board of Trustees reviews potential distributions each quarter, considering the Fund's net asset value and market conditions, with the distribution policy subject to modification or termination [3]. Tax Implications - Portions of the distribution may be classified as long-term capital gains or qualified dividend income, subject to a maximum federal income tax rate of 20% for individuals [4]. - Shareholders with income exceeding certain thresholds 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 and reducing the shareholder's cost basis [5]. - For 2026, the distribution to common shareholders is estimated to consist of approximately 2% from net investment income, 38% from net capital gains, and 60% deemed 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 $233 million, focusing on long-term capital growth [7].