Key Developments: Gabelli Healthcare & Wellnessrx Trust (GRX)

GRX on New York Consolidated

10.95USD
23 May 2013
Price Change (% chg)

$0.06 (+0.54%)
Prev Close
$10.89
Open
$10.75
Day's High
$11.00
Day's Low
$10.75
Volume
20,061
Avg. Vol
31,535
52-wk High
$11.61
52-wk Low
$7.81

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Latest Key Developments (Source: Significant Developments)

Gabelli Healthcare & Wellnessrx Trust Authorizes Rights Offering
Wednesday, 22 May 2013 04:00pm EDT 

Gabelli Healthcare & Wellnessrx Trust announced that it has approved a transferable rights offering by the Fund to its common shareholders to acquire additional common shares (the "Offering"). Key aspects of the Offering, including the timing and the pricing, have yet to be determined. The Board reserves the right to delay or cancel the Offering.Under the proposed Offering, each shareholder would receive one right for each common share held on the record date. It is anticipated that at least three rights will be required to acquire one additional common share of the Fund. The subscription price will be determined at a later date and is expected to be below the Fund`s market price at that time. Shareholders of record on the record date for the Offering are expected to be entitled to oversubscribe, subject to certain limitations, for any shares not purchased pursuant to the primary subscription rights. The record date for the Offering and the length of the Offering period have not yet been determined and will also be announced at a later date.  Full Article

Gabelli Healthcare & Wellnessrx Trust Reaffirms Its Quarterly Distribution Policy And Declares Second Quarter Distribution Of $0.10 Per Share
Friday, 17 May 2013 12:40pm EDT 

Gabelli Healthcare & Wellnessrx Trust announced that it has reaffirmed its quarterly distribution policy and declared a $0.10 per share cash distribution payable on June 21, 2013 to common shareholders of record on June 14, 2013.  Full Article

Gabelli Healthcare & Wellnessrx Trust Reaffirms Its Quarterly Distribution Policy And Declares First Quarter Distribution of $0.10 Per Share
Thursday, 28 Feb 2013 04:01pm EST 

Gabelli Healthcare & Wellnessrx Trust announced that it has reaffirmed its quarterly distribution policy and declared a $0.10 per share cash distribution payable on March 21, 2013 to common shareholders of record on March 14, 2013.  Full Article

Gabelli Healthcare & Wellnessrx Trust Declares Additional Distribution Of $0.81 Per Share
Monday, 3 Dec 2012 09:15am EST 

Gabelli Healthcare & Wellnessrx Trust announced that it has declared an additional year-end cash distribution of $0.81 per share payable on December 20, 2012 to common shareholders of record on December 14, 2012.  Full Article

Gabelli Healthcare & Wellnessrx Trust Declares Third Quarter Distribution of $0.10 Per Share
Thursday, 16 Aug 2012 01:43pm EDT 

Gabelli Healthcare & Wellnessrx Trust reaffirmed its quarterly distribution policy and declared a $0.10 per share cash distribution payable on September 21, 2012 to common shareholders of record on September 14, 2012.  Full Article

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