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Saba Capital Management, L.P., a ten percent owner in Gabelli Healthcare & WellnessRx Trust (NYSE:GRX), reported purchasing 12,924 shares of common stock on July 15, 2025. The shares were bought at a price of $9.38, amounting to a total transaction value of $121,227. The $148.37 million market cap trust currently trades near its 52-week low of $9.03, while offering an attractive 7.21% dividend yield.
Following this transaction, Saba Capital Management, L.P. now holds 2,006,725 shares of Gabelli Healthcare & WellnessRx Trust. The trust has maintained its dividend payments for 14 consecutive years, according to InvestingPro, which offers comprehensive dividend analysis tools and additional insights about GRX’s financial health.
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