Gabelli Healthcare & WellnessRX Trust to Redeem Its Outstanding 5.76% Series A Cumulative Preferred Shares

RYE, N.Y.--(BUSINESS WIRE)--The Board of Trustees of The Gabelli Healthcare & WellnessRX Trust (NYSE:GRX) (the “Fund”) authorized the redemption of all outstanding 5.76% Series A Cumulative Preferred Shares (the “Series A Preferred”). The shares will be redeemed at $25.0520 per Series A Preferred (the “Redemption Price”), which consists of $25.00 per Series A Preferred (the liquidation preference) plus accumulated and unpaid dividends and distributions to the redemption date of April 9, 2020 (the “Redemption Date”).