ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Markets/EquitiesArticle

Saba Capital acquires $43,617 stake in Gabelli Healthcare Trust

Hedge fund Saba Capital boosts its position in Gabelli Healthcare & WellnessRx Trust with a $43,617 purchase disclosed in an SEC filing. The transaction represents a 10% ownership stake.

PA
Priya Anand · Equities & Earnings Desk · 28 Aug 2026 · 16:39 · 1 min read
Share
Saba Capital acquires $43,617 stake in Gabelli Healthcare Trust

Saba Capital Management disclosed a $43,617 acquisition of Gabelli Healthcare & WellnessRx Trust (NASDAQ: GRX) common stock in a regulatory filing dated August 27, 2026.

The hedge fund purchased 4,340 shares at $10.05 per share, according to the Form 4 filing with the U.S. Securities and Exchange Commission. The transaction, disclosed on August 28, 2026, brings Saba Capital’s indirect holdings in the trust to 2,155,133 shares, representing approximately 10% ownership.

Gabelli Healthcare & WellnessRx Trust is a closed-end fund focused on healthcare and wellness-related investments. The latest disclosure follows regulatory requirements for insider transactions and does not indicate a change in the fund’s investment strategy.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
Share this story
PA
Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

More from Priya Anand →
ADVERTISEMENT
ADVERTISEMENT