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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InGabelli Equity Trust (GAB) and Gabelli Healthcare & WellnessRx Trust (GRX) have officially declared their cash distributions for the first quarter of 2026. GAB announced a distribution of $0.15 per share, reaffirming its long-standing policy of maintaining a 10% annual distribution rate. Meanwhile, GRX declared a payout of $0.17 per share, which is scheduled to be paid to shareholders on March 24, 2026. The estimated composition of the GRX distribution includes approximately 60% return of capital and 38% from net capital gains. These declarations are part of the funds' regular quarterly cycles aimed at providing consistent income to investors. Market analysts view these moves as a continuation of existing payout strategies rather than a shift in fundamental performance.