1

The

Gabelli

Healthcare

&

Wellness

Rx

Trust

Schedule

of

Investments

—

September

30,

2022

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

—

91

.4

%

Beverages

—

1

.9

%

60,000‌

China

Mengniu

Dairy

Co.

Ltd.

.........

$

238,100‌

3,000‌

Danone

SA

......................

142,803‌

40,000‌

ITO

EN

Ltd.

.....................

1,619,568‌

7,000‌

Morinaga

Milk

Industry

Co.

Ltd.

.......

205,797‌

5,000‌

PepsiCo

Inc.

.....................

816,300‌

30,000‌

Suntory

Beverage

&

Food

Ltd.

........

1,063,359‌

424,000‌

Vitasoy

International

Holdings

Ltd.

†

....

527,728‌

4,613,655‌

Biotechnology

—

4

.0

%

1,000‌

10X

Genomics

Inc.

,

Cl. A

†

...........

28,480‌

833‌

2seventy

bio

Inc.

†

.................

12,120‌

40,000‌

Aurinia

Pharmaceuticals

Inc.

†

........

300,800‌

300‌

Berkeley

Lights

Inc.

†

...............

858‌

7,000‌

Bio-Rad

Laboratories

Inc.

,

Cl. A

†

......

2,919,980‌

2,500‌

Bluebird

Bio

Inc.

†

.................

15,825‌

35,000‌

Catalent

Inc.

†

....................

2,532,600‌

8,300‌

Charles

River

Laboratories

International

Inc.

†

........................

1,633,440‌

32,500‌

Clovis

Oncology

Inc.

†

..............

38,675‌

1,500‌

Galapagos

NV

,

ADR

†

...............

63,960‌

3,000‌

Gritstone

bio

Inc.

†

................

7,710‌

1,500‌

Guardant

Health

Inc.

†

..............

80,745‌

3,000‌

Idorsia

Ltd.

†

.....................

39,100‌

3,600‌

Illumina

Inc.

†

....................

686,844‌

700‌

Incyte

Corp.

†

....................

46,648‌

500‌

Intellia

Therapeutics

Inc.

†

...........

27,980‌

10,000‌

Invitae

Corp.

†

....................

24,600‌

300‌

Natera

Inc.

†

.....................

13,146‌

20,000‌

Personalis

Inc.

†

..................

59,400‌

1,200‌

Regeneron

Pharmaceuticals

Inc.

†

......

826,644‌

3,037‌

Vericel

Corp.

†

....................

70,459‌

1,600‌

Waters

Corp.

†

...................

431,248‌

9,861,262‌

Electronics

—

1

.7

%

400‌

Azenta

Inc.

......................

17,144‌

8,150‌

Thermo

Fisher

Scientific

Inc.

.........

4,133,598‌

4,150,742‌

Financial

Services

—

0

.2

%

50,000‌

Post

Holdings

Partnering

Corp.

†

.......

496,750‌

Food

—

17

.9

%

12,000‌

Calavo

Growers

Inc.

...............

381,000‌

5,000‌

Campbell

Soup

Co.

................

235,600‌

3,000‌

Chr.

Hansen

Holding

A/S

............

148,211‌

45,000‌

Conagra

Brands

Inc.

...............

1,468,350‌

62,500‌

Flowers

Foods

Inc.

................

1,543,125‌

45,000‌

General

Mills

Inc.

.................

3,447,450‌

32,500‌

Kellogg

Co.

.....................

2,263,950‌

Shares

Market

Value

35,000‌

Kerry

Group

plc

,

Cl. A

..............

$

3,120,773‌

83,500‌

Kikkoman

Corp.

..................

4,730,878‌

10,000‌

Lamb

Weston

Holdings

Inc.

..........

773,800‌

10,000‌

Maple

Leaf

Foods

Inc.

..............

149,419‌

15,000‌

MEIJI

Holdings

Co.

Ltd.

.............

666,413‌

60,000‌

Mondelēz

International

Inc.

,

Cl. A

......

3,289,800‌

66,000‌

Nestlé

SA

.......................

7,162,542‌

30,000‌

Nomad

Foods

Ltd.

†

................

426,000‌

45,000‌

Post

Holdings

Inc.

†

................

3,685,950‌

7,000‌

Sovos

Brands

Inc.

†

................

99,680‌

52,000‌

The

Hain

Celestial

Group

Inc.

†

........

877,760‌

18,000‌

The

J.M.

Smucker

Co.

..............

2,473,380‌

5,000‌

The

Kraft

Heinz

Co.

................

166,750‌

120,000‌

Tingyi

(Cayman

Islands)

Holding

Corp.

..

206,990‌

65,000‌

Unilever

plc

,

ADR

.................

2,849,600‌

64,000‌

Yakult

Honsha

Co.

Ltd.

.............

3,718,925‌

43,886,346‌

Food

and

Staples

Retailing

—

7

.9

%

4,000‌

BARK

Inc.

†

.....................

7,280‌

140,000‌

BellRing

Brands

Inc.

†

..............

2,885,400‌

101,000‌

CVS

Health

Corp.

.................

9,632,370‌

30,000‌

Ingles

Markets

Inc.

,

Cl. A

............

2,376,300‌

1,500‌

Petco

Health

&

Wellness

Co.

Inc.

†

.....

16,740‌

13,000‌

Pets

at

Home

Group

plc

.............

38,320‌

20,000‌

Sprouts

Farmers

Market

Inc.

†

........

555,000‌

80,000‌

The

Kroger

Co.

...................

3,500,000‌

6,000‌

United

Natural

Foods

Inc.

†

...........

206,220‌

4,400‌

Walgreens

Boots

Alliance

Inc.

........

138,160‌

19,355,790‌

Health

Care

Equipment

and

Supplies

—

14

.5

%

500‌

Agilent

Technologies

Inc.

............

60,775‌

21,661‌

Axogen

Inc.

†

....................

258,199‌

35,000‌

Bausch

+

Lomb

Corp.

†

.............

536,900‌

55,000‌

Baxter

International

Inc.

.............

2,962,300‌

2,200‌

Becton,

Dickinson

and

Co.

...........

490,226‌

28,000‌

Boston

Scientific

Corp.

†

............

1,084,440‌

96,298‌

Conformis

Inc.

†

..................

18,412‌

18,800‌

Cutera

Inc.

†

.....................

857,280‌

65,000‌

DENTSPLY

SIRONA

Inc.

............

1,842,750‌

20,000‌

Eargo

Inc.

†

.....................

21,000‌

19,325‌

Electromed

Inc.

†

..................

198,081‌

40‌

Embecta

Corp.

...................

1,152‌

1,800‌

Exact

Sciences

Corp.

†

..............

58,482‌

10,000‌

Gerresheimer

AG

.................

492,965‌

16,000‌

Globus

Medical

Inc.

,

Cl. A

†

..........

953,120‌

1,000‌

Haemonetics

Corp.

†

...............

74,030‌

10,000‌

Halozyme

Therapeutics

Inc.

†

.........

395,400‌

45,000‌

Henry

Schein

Inc.

†

................

2,959,650‌

800‌

Hologic

Inc.

†

....................

51,616‌

12,500‌

ICU

Medical

Inc.

†

.................

1,882,500‌

182,000‌

InfuSystem

Holdings

Inc.

†

...........

1,272,180‌

2

The

Gabelli

Healthcare

&

Wellness

Rx

Trust

Schedule

of

Investments

(Continued)

—

September

30,

2022

(Unaudited)

Shares

Market

Value

COMMON

STOCKS

(Continued)

Health

Care

Equipment

and

Supplies

(Continued)

40,000‌

Integer

Holdings

Corp.

†

.............

$

2,489,200‌

200‌

Intuitive

Surgical

Inc.

†

..............

37,488‌

600‌

iRhythm

Technologies

Inc.

†

..........

75,168‌

25,000‌

Medtronic

plc

....................

2,018,750‌

15,000‌

Merit

Medical

Systems

Inc.

†

.........

847,650‌

1,000‌

Neogen

Corp.

†

...................

13,970‌

71,174‌

Neuronetics

Inc.

†

.................

226,333‌

13,751‌

NuVasive

Inc.

†

...................

602,431‌

10,000‌

OraSure

Technologies

Inc.

†

..........

37,900‌

5,200‌

Organogenesis

Holdings

Inc.

†

........

16,848‌

16,000‌

Patterson

Cos.

Inc.

................

384,320‌

500‌

PerkinElmer

Inc.

..................

60,165‌

17,100‌

QuidelOrtho

Corp.

†

................

1,222,308‌

35,000‌

Semler

Scientific

Inc.

†

..............

1,314,250‌

5,000‌

Silk

Road

Medical

Inc.

†

.............

225,000‌

50,258‌

SmileDirectClub

Inc.

†

..............

45,504‌

3,000‌

Smith

&

Nephew

plc

,

ADR

...........

69,660‌

10,618‌

Standard

BioTools

Inc.

†

.............

11,680‌

25,000‌

Stericycle

Inc.

†

...................

1,052,750‌

11,000‌

Stryker

Corp.

....................

2,227,940‌

17,000‌

SurModics

Inc.

†

..................

516,800‌

5,000‌

Tactile

Systems

Technology

Inc.

†

......

38,950‌

8,000‌

The

Cooper

Companies

Inc.

..........

2,111,200‌

3,000‌

Vapotherm

Inc.

†

..................

4,710‌

34,700‌

Zimmer

Biomet

Holdings

Inc.

.........

3,627,885‌

35,750,318‌

Health

Care

Providers

and

Services

—

22

.5

%

40,000‌

AmerisourceBergen

Corp.

...........

5,413,200‌

161,200‌

Avantor

Inc.

†

....................

3,159,520‌

194,900‌

CareCloud

Inc.

†

..................

814,682‌

10,000‌

Chemed

Corp.

...................

4,365,600‌

40,500‌

DaVita

Inc.

†

.....................

3,352,185‌

19,084‌

DLH

Holdings

Corp.

†

..............

234,161‌

40,000‌

ElectroCore

Inc.

†

.................

16,240‌

10,200‌

Elevance

Health

Inc.

...............

4,633,248‌

157,500‌

Evolent

Health

Inc.

,

Cl. A

†

...........

5,658,975‌

4,000‌

Glaukos

Corp.

†

...................

212,960‌

11,000‌

GoodRx

Holdings

Inc.

,

Cl. A

†

.........

51,370‌

39,900‌

HCA

Healthcare

Inc.

...............

7,333,221‌

500‌

IQVIA

Holdings

Inc.

†

...............

90,570‌

16,385‌

Laboratory

Corp.

of

America

Holdings

...

3,355,812‌

12,162‌

McKesson

Corp.

..................

4,133,499‌

600‌

Medpace

Holdings

Inc.

†

............

94,302‌

169,000‌

Option

Care

Health

Inc.

†

............

5,318,430‌

40,837‌

Orthofix

Medical

Inc.

†

..............

780,395‌

65,000‌

PetIQ

Inc.

†

......................

448,500‌

500‌

Quest

Diagnostics

Inc.

..............

61,345‌

5,000‌

Sema4

Holdings

Corp.

†

.............

4,387‌

3,800‌

Teladoc

Health

Inc.

†

...............

96,330‌

Shares

Market

Value

96,000‌

Tenet

Healthcare

Corp.

†

.............

$

4,951,680‌

1,200‌

UnitedHealth

Group

Inc.

............

606,048‌

55,186,660‌

Healthcare

Equipment

and

Supplies

—

0.0

%

1,000‌

Tandem

Diabetes

Care

Inc.

†

..........

47,850‌

Household

and

Personal

Products

—

2

.9

%

25,000‌

Church

&

Dwight

Co.

Inc.

...........

1,786,000‌

25,000‌

Colgate-Palmolive

Co.

..............

1,756,250‌

57,500‌

Edgewell

Personal

Care

Co.

..........

2,150,500‌

12,000‌

The

Procter

&

Gamble

Co.

...........

1,515,000‌

7,207,750‌

Pharmaceuticals

—

17

.3

%

20,400‌

Abbott

Laboratories

...............

1,973,904‌

42,900‌

AbbVie

Inc.

.....................

5,757,609‌

4,000‌

ACADIA

Pharmaceuticals

Inc.

†

........

65,440‌

25,000‌

Achaogen

Inc.

†

(a)

.................

0‌

36,297‌

AstraZeneca

plc

,

ADR

..............

1,990,528‌

24,000‌

Bausch

Health

Cos.

Inc.

†

............

165,360‌

64,800‌

Bristol-Myers

Squibb

Co.

............

4,606,632‌

23,400‌

Cigna

Corp.

.....................

6,492,798‌

75,000‌

Elanco

Animal

Health

Inc.

†

...........

930,750‌

38,900‌

Johnson

&

Johnson

...............

6,354,704‌

27,750‌

Merck

&

Co.

Inc.

..................

2,389,830‌

300‌

Odonate

Therapeutics

Inc.

†

..........

450‌

14,500‌

Paratek

Pharmaceuticals

Inc.

†

........

37,265‌

72,000‌

Perrigo

Co.

plc

...................

2,567,520‌

88,925‌

Pfizer

Inc.

......................

3,891,358‌

12,000‌

Roche

Holding

AG

,

ADR

............

487,440‌

38,000‌

Teva

Pharmaceutical

Industries

Ltd.

,

ADR

†

306,660‌

4,700‌

Vertex

Pharmaceuticals

Inc.

†

.........

1,360,838‌

30,000‌

Viatris

Inc.

......................

255,600‌

590‌

Zimvie

Inc.

†

.....................

5,823‌

20,200‌

Zoetis

Inc.

......................

2,995,458‌

42,635,967‌

Specialty

Chemicals

—

0

.6

%

16,000‌

International

Flavors

&

Fragrances

Inc.

..

1,453,280‌

TOTAL

COMMON

STOCKS

...........

224,646,370‌

PREFERRED

STOCKS

—

0.0

%

Biotechnology

—

0.0

%

5,000‌

XOMA

Corp.

,

Ser.

A

,

8.625

%

.........

121,500‌

RIGHTS

—

0.0

%

Biotechnology

—

0.0

%

6,907‌

Tobira

Therapeutics

Inc.

,

CVR

†

(a)

......

0‌

3

The

Gabelli

Healthcare

&

Wellness

Rx

Trust

Schedule

of

Investments

(Continued)

—

September

30,

2022

(Unaudited)

Shares

Market

Value

RIGHTS

(Continued)

Pharmaceuticals

—

0.0

%

3,500‌

Ipsen

SA/Clementia

,

CVR

†

(a)

.........

$

0‌

TOTAL

RIGHTS

...................

0‌

WARRANTS

—

0.0

%

Health

Care

Providers

and

Services

—

0.0

%

420‌

Option

Care

Health

Inc.

,

Cl. A

,

expire

07/27/25

†

.....................

1,521‌

420‌

Option

Care

Health

Inc.

,

Cl. B

,

expire

07/27/25

†

.....................

1,221‌

2,742‌

Principal

Amount

U.S.

GOVERNMENT

OBLIGATIONS

—

8

.6

%

$

21,260,000‌

U.S.

Treasury

Bills,

2.627

%

to

3.297

%

††

,

11/17/22

to

12/29/22

......................

21,119,611‌

TOTAL

INVESTMENTS

—

100

.0

%

.....

(Cost

$

172,586,272

)

.............

$

245,890,223‌

(a)

Security

is

valued

using

significant

unobservable

inputs

and

is

classified

as

Level

3

in

the

fair

value

hierarchy.

†

Non-income

producing

security.

††

Represents

annualized

yields

at

dates

of

purchase.

ADR

American

Depositary

Receipt

CVR

Contingent

Value

Right

Geographic

Diversification

%

of

Total

Investments

Market

Value

North

America

......................

85

.8‌

%

$

210,987,633‌

Europe

..............................

8

.9‌

21,924,832‌

Japan

...............................

4

.9‌

12,004,940‌

Asia/Pacific

.........................

0

.4‌

972,818‌

Total

Investments

...................

100.0‌%

$

245,890,223‌