Fund Description: Gabelli Healthcare & WellnessRx Trust is an exchange-traded closed-end fund (CEF) or a closed-end ETF that is officially described as a diversified, closed-end management investment company. <p> INVESTMENT OBJECTIVE: The Gabelli Healthcare & Wellness Rx Trust seeks long-term growth of capital. <p> FUND STRATEGY: Under normal market conditions, the Healthcare Trust will invest at least 80% of its assets (plus borrowings made for investment purposes) in equity securities (such as common stock and preferred stock) and income producing securities (such as fixed income debt securities and securities convertible into common stock) of domestic and foreign companies in the healthcare and wellness industries. Companies in the healthcare and wellness industries are those companies which are primarily engaged in providing products, services and/or equipment related to healthcare, medical, or lifestyle needs (i.e., food, beverages, nutrition and weight management). Specific sector investments for the Healthcare Trust will include, but are not limited to, dental, orthopedics, cardiology, hearing aid, life science, in-vitro diagnostics, medical supplies and products, aesthetics and plastic surgery, veterinary, pharmacy benefits management, healthcare distribution, healthcare imaging, pharmaceuticals, biotechnology, healthcare plans, healthcare services, and healthcare equipment, as well as food, beverages, nutrition and weight management. The Healthcare Trust will focus on companies that are growing globally due to favorable demographic trends and may invest without limitation in securities of foreign issuers. The Registrant will invest primarily in equity securities of companies in the healthcare and wellness industries. However, the Registrant may also invest in preferred stocks and debt securities. The remaining 20% of its assets may be invested in other securities, including stocks, debt obligations and money market instruments, as well as certain derivative instruments in the healthcare and wellness industries or other industries. Moreover, should extraordinary conditions affecting such sectors or securities markets as a whole warrant, the Registrant may temporarily be primarily invested in money market instruments. The Registrant may invest without limitation in securities of foreign issuers. <p> FUND MANAGEMENT: Gabelli Funds, LLC serves as investment adviser to the Fund.