The Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) (the “Fund”) Inc. has 1,200,000 shares of Series A Cumulative Preferred Stock outstanding. The credit rating agency for the Series A Preferred Stock changed from Standard & Poor’s Ratings Services to Moody’s Investors Service (“Moody’s”) on January 23, 2014 in order to consolidate services among rating agencies.
The Series A Preferred Shares are rated A2 by Moody’s.
The Gabelli Healthcare & WellnessRx Trust is a diversified, closed-end management investment company with $202 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. (NYSE:GBL), which is a publicly traded NYSE listed company.
Contacts:
Wayne C.
Pinsent, CFA
Adam E. Tokar, 914-921-5070