Gabelli Healthcare & WellnessRx Trust
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Company profile

The Gabelli Healthcare & WellnessRx Trust is a diversified, closed-end management investment company. The Fund's investment objective is long term growth of capital. It will invest at least 80% of its assets in equity securities and income producing securities of domestic and foreign companies in the healthcare and wellness industries. The Fund invests in various geographic regions, including North America, Europe, Japan, Latin America and Asia/Pacific. The Fund may invest, from time to time, in shares of other investment companies. It invests in various sectors, including food; healthcare providers and services; pharmaceuticals; healthcare equipment and supplies; beverages; the United States Government Obligations; biotechnology; household and personal products; electronics; specialty chemicals; food and staples retailing; hotels and gaming, and exchange traded funds. Gabelli Funds, LLC serves as the investment advisor of the Fund.

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Stocks climb toward records after corporate earnings

9:33 am ET April 16, 2019 (MarketWatch)

U.S. equities rose at the opening bell on Tuesday, following a round of better than expected corporate earnings. The S&P 500 rose 0.3% to 2,914. The Dow Jones Industrial Average advanced 135 points, or 0.5%, to 26,520. The Nasdaq Composite was up 0.3% to 8,002. All three benchmarks are inching closer to their all-time highs established late last year. The broad-based S&P 500 is less than 1% away from its record close set in Sept. 20. Earnings from BlackRock Inc. (BLK) came in higher than analysts' expectations, while first-quarter revenues for Bank of America Corp. (BAC) fell short of forecasts. Investors will maintain a close eye on the financial sector's earnings as banks juggle with falling interest margins and slower U.S. growth. In other company news, shares of UnitedHealth Group Inc. (UNH) rose 3% after its first-quarter earnings and revenues topped Wall Street expectations.

-Sunny Oh; 415-439-6400;

(END) Dow Jones Newswires

April 16, 2019 09:33 ET (13:33 GMT)

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