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

Hedge fund acquires 4,340 shares at $10.05 each, increasing its ownership to 2.16 million shares. Transaction disclosed in SEC filing.

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Priya Anand · Equities & Earnings Desk · 28 Aug 2026 · 15:57 · 1 min read
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Saba Capital buys $43,617 stake in Gabelli Healthcare Trust

Saba Capital Management purchased 4,340 common shares of Gabelli Healthcare & WellnessRx Trust for $43,617 at $10.05 per share, according to a regulatory filing.

The transaction, completed on August 27, 2026, was reported in a Form 4 filed with the U.S. Securities and Exchange Commission. The hedge fund, already a 10% owner of the trust, now holds 2,155,133 shares indirectly.

Gabelli Healthcare & WellnessRx Trust, which trades on the NASDAQ under the ticker GRX, focuses on investments in healthcare and wellness-related assets. The latest acquisition represents a marginal increase in Saba Capital’s existing position, with no immediate strategic implications disclosed in the filing.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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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.

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