Gabelli Healthcare & WellnessRx Trust Declares Additional Distribution of $0.14 Per Share

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RYE, N.Y.--(BUSINESS WIRE)--

The Board of Trustees of The Gabelli Healthcare & WellnessRx Trust GRX (the “Fund”) declared an additional year-end cash distribution of $0.14 per share payable on December 19, 2014 to common shareholders of record on December 12, 2014.

This brings the total year-end distribution to $0.26 per share, which consists of the previously declared $0.12 per share fourth quarter distribution plus the $0.14 per share additional distribution, sourced primarily from long-term capital gains. The distribution will be included in 2014 income for shareholders subject to income tax. This raises the total distributions for the year to $0.62 per share.

Long-term capital gains, qualified dividend income, ordinary income, and return of capital, if any, will be allocated on a pro-rata basis to all distributions to common shareholders for the year. Based on the accounting records of the Fund as of December 1, 2014, each of the distributions paid to common shareholders in 2014 would be 100% from net capital gains on a book basis. The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website (www.gabelli.com). The final determination of the sources of all distributions in 2014 will be made after year end and can vary from the quarterly estimates. All shareholders with taxable accounts will receive written notification regarding the components and tax treatment for all 2014 distributions in early 2015 via Form 1099-DIV.

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. More information regarding the Fund's distribution policy and other information about the Fund is available by calling 800-GABELLI (800-422-3554) or visiting www.gabelli.com.

The Gabelli Healthcare & WellnessRx Trust is a diversified, closed-end management investment company with $303 million in total net assets whose primary investment objective is long-term growth of capital. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. GBL.

For The Gabelli Healthcare & WellnessRx Trust
Wayne C. Pinsent, CFA
Adam E. Tokar
914-921-5070

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Posted In: Press Releases
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