Preferred Stock Channel
Gabelli Healthcare & WellnessRx Trust | 5.76% Series A Cumulative Preferred Shares (GRX.PRA)

This preferred is marked as having been called.
Prospectus excerpt:  The Gabelli Healthcare & WellnessRx Trust (the ÙFundˆ, Ùweˆ, Ùusˆ or Ùourˆ) is offering 1,200,000 shares of 5.76% Series A Cumulative Preferred Shares (the ÙSeries A Preferred Sharesˆ). The Series A Preferred Shares shall constitute a separate series of preferred shares.

The Fund is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended (the Ù1940 Actˆ). The Fund?s investment objective is long-term growth of capital. The Fund?s investment adviser is Gabelli Funds, LLC (the ÙInvestment Adviserˆ).

Investors in Series A Preferred Shares will be entitled to receive cumulative cash dividends and distributions at a rate of 5.76% per annum. Dividends and distributions on the Series A Preferred Shares will be payable quarterly on March 26, June 26, September 26 and December 26 in each year, commencing on September 26, 2010.

The Series A Preferred Shares are redeemable at the option of the Fund on or after August 20, 2015, and are subject to mandatory redemption by us in certain circumstances.

Full Prospectus PDF », Secondary Prospectus PDF », GRX Page »

Series:A
Alternate symbology:GRX-A, GRX-PA, GRXprA
Redeemable?:Yes
Call Date:8/20/2015 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:1,200,000
Liquidation Preference:$25.00
Original Coupon:5.76%
Pay Period:Quarterly
Pay Dates:26-Mar, 26-Jun, 26-Sep, 26-Dec
CDx3 Compliance Rating: Learn GRX.PRA's Rating
The Gabelli Healthcare & WellnessRx Trust is registered as a diversified closed-end management investment company. The Fund's investment objective is long term growth of capital.

Preferreds: GRX.PRA, GRX.PRB


Open the GRX Information Page »
Name:  Gabelli Healthcare & WellnessRx Trust
Website:  www.gabelli.com
Sector:  Investment Companies & Venture Capital

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game
Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Gabelli Healthcare & WellnessRx Trust | 5.76% Series A Cumulative Preferred Shares (GRX.PRA) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com | Copyright © 2011 - 2024, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.