The Gabelli Healthcare & Wellness^Rx Trust

Schedule of Investments — March 31, 2019 (Unaudited)

Shares			Market Value
		COMMON STOCKS — 95.4%
		Beverages — 5.1%
	60,000	China Mengniu Dairy Co. Ltd.	$	223,186
	69,000	Danone SA		5,316,683
	41,000	ITO EN Ltd		2,127,132
	40,000	Keurig Dr Pepper Inc.		1,118,800
	30,000	Massimo Zanetti Beverage Group SpA		201,243
	7,000	Morinaga Milk Industry Co. Ltd.		237,165
	20,000	PepsiCo Inc.		2,451,000
	30,000	Suntory Beverage & Food Ltd.		1,407,561
	424,000	Vitasoy International Holdings Ltd.		2,052,497
				15,135,267
		Biotechnology — 8.4%
	21,000	Alexion Pharmaceuticals Inc.†		2,838,780
	7,500	Bio-Rad Laboratories Inc., Cl. A†		2,292,600
	22,200	Celgene Corp.†		2,094,348
	15,000	Charles River Laboratories International Inc.†		2,178,750
	8,000	Clovis Oncology Inc.†		198,560
	2,000	Idorsia Ltd.†		35,190
	3,800	Illumina Inc.†		1,180,622
	6,500	Invitae Corp.†		152,230
	25,000	Ligand Pharmaceuticals Inc.†		3,142,750
	50,000	NeoGenomics Inc.†.		1,023,000
	185,000	Osiris Therapeutics Inc.†		3,515,000
	1,200	Regeneron Pharmaceuticals Inc.†		492,744
	45,000	Spark Therapeutics Inc.†		5,124,600
	12,000	Tetraphase Pharmaceuticals Inc.†		16,080
	1,600	Waters Corp.†		402,736
				24,687,990
		Electronics — 2.3%
	25,000	Thermo Fisher Scientific Inc.		6,843,000
		Financials — 0.2%
	5,000	Ellie Mae Inc.†		493,450
		Food — 23.2%
	15,000	Calavo Growers Inc.		1,257,750
	35,000	Campbell Soup Co.		1,334,550
	3,200	Chr. Hansen Holding A/S		324,356
	181,952	Conagra Brands Inc.		5,047,348
	67,500	Flowers Foods Inc.		1,439,100
	67,000	General Mills Inc.		3,467,250
	5,400	John B Sanfilippo & Son Inc.		388,098
	68,800	Kellogg Co.		3,947,744
	35,000	Kerry Group plc, Cl. A		3,886,882
	120,000	Kikkoman Corp.		5,879,275
	38,333	Lamb Weston Holdings Inc.		2,872,675
	51,295	Lifeway Foods Inc.†		124,134
	23,000	Maple Leaf Foods Inc.		531,994
	15,000	MEIJI Holdings Co. Ltd.		1,216,728
	110,000	Mondelēz International Inc., Cl. A		5,491,200
	70,000	Nestlé SA		6,671,353

Shares			Market Value
	50,000	Nomad Foods Ltd.†	$	1,022,500
	55,000	Post Holdings Inc.†		6,017,000
	128,000	The Hain Celestial Group Inc.†		2,959,360
	29,400	The J.M. Smucker Co.		3,425,100
	50,000	The Kraft Heinz Co.		1,632,500
	110,000	Tingyi (Cayman Islands) Holding Corp.		181,326
	75,000	Unilever plc, ADR		4,329,000
	70,000	Yakult Honsha Co. Ltd.		4,888,568
				68,335,791
		Food and Staples Retailing — 3.4%
	81,000	CVS Health Corp.		4,368,330
	30,000	Ingles Markets Inc., Cl. A		828,600
	50,000	Sprouts Farmers Market Inc.†		1,077,000
	100,000	The Kroger Co.		2,460,000
	14,000	United Natural Foods Inc.†		185,080
	20,000	Walgreens Boots Alliance Inc.		1,265,400
				10,184,410
		Health Care Equipment and Supplies — 17.9%
	55,000	Baxter International Inc.		4,472,050
	17,000	Becton, Dickinson and Co.		4,245,410
	32,000	Boston Scientific Corp.†		1,228,160
	65,000	Cardiovascular Systems Inc.†		2,512,900
	17,000	Cutera Inc.†		300,220
	35,000	DENTSPLY SIRONA Inc.		1,735,650
	50,795	Electromed Inc.†		261,594
	30,000	Gerresheimer AG		2,254,728
	20,000	Globus Medical Inc., Cl. A†		988,200
	20,000	Henry Schein Inc.†		1,202,200
	13,400	ICU Medical Inc.†		3,207,022
	265,000	InfuSystems Holdings Inc.†		1,327,650
	20,000	Integer Holdings Corp.†		1,508,400
	64,400	Lantheus Holdings Inc.†		1,576,512
	45,000	Medtronic plc		4,098,600
	55,000	Nevro Corp.†		3,438,050
	10,000	NuVasive Inc.†		567,900
	85,000	Nuvectra Corp.†		935,850
	51,000	Patterson Cos. Inc.		1,114,350
	25,000	Semler Scientific Inc.†		1,069,250
	5,000	Smith & Nephew plc, ADR		200,550
	50,000	Stericycle Inc.†		2,721,000
	15,000	Stryker Corp.		2,962,800
	27,500	SurModics Inc.†		1,195,700
	8,000	The Cooper Companies Inc.		2,369,360
	39,800	Zimmer Biomet Holdings Inc.		5,082,460
				52,576,566
		Health Care Providers and Services — 13.5%
	60,000	AmerisourceBergen Corp.		4,771,200
	15,000	Anthem Inc.		4,304,700
	25,000	BioTelemetry Inc.†		1,565,500
	8,000	Covetrus Inc.†		254,800

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The Gabelli Healthcare & Wellness^Rx Trust

Schedule of Investments (Continued) — March 31, 2019 (Unaudited)

Shares			Market Value
		COMMON STOCKS (Continued)
		Health Care Providers and Services (Continued)
	60,000	DaVita Inc.†	$	3,257,400
	320,500	Evolent Health Inc., Cl. A†		4,031,890
	30,000	HCA Healthcare Inc.		3,911,400
	27,200	Laboratory Corp. of America Holdings†		4,161,056
	15,000	McKesson Corp.		1,755,900
	47,574	Orthofix Medical Inc.†		2,683,649
	80,000	PetIQ Inc.†		2,512,800
	51,000	Teladoc Health Inc.†		2,835,600
	5,000	Tenet Healthcare Corp.†		144,200
	13,900	UnitedHealth Group Inc.		3,436,914
				39,627,009
		Hotels and Gaming — 0.2%
	7,500	Ryman Hospitality Properties Inc., REIT		616,800
		Household and Personal Products — 3.9%
	25,000	Avon Products Inc.†		73,500
	50,000	Church & Dwight Co. Inc.		3,561,500
	30,000	Colgate-Palmolive Co.		2,056,200
	25,000	Edgewell Personal Care Co.†		1,097,250
	30,000	Energizer Holdings Inc.		1,347,900
	12,000	The Estee Lauder Companies Inc., Cl. A		1,986,600
	13,000	The Procter & Gamble Co.		1,352,650
				11,475,600
		Pharmaceuticals — 15.9%
	75,000	Abbott Laboratories		5,995,500
	15,000	Achaogen Inc.†		6,845
	31,300	Allergan plc		4,582,633
	60,000	Bausch Health Cos. Inc.†		1,482,000
	769,168	BioScrip Inc.†		1,538,336
	47,000	Bristol-Myers Squibb Co.		2,242,370
	35,000	Cigna Corp.		5,628,700
	3,500	Clementia Pharmaceuticals Inc.†		91,350
	46,000	Johnson & Johnson		6,430,340
	69,000	Merck & Co. Inc.		5,738,730
	35,000	Mylan NV†		991,900
	15,000	Paratek Pharmaceuticals Inc.†		80,400
	60,000	Perrigo Co. plc		2,889,600
	64,000	Pfizer Inc.		2,718,080
	12,000	Roche Holding AG, ADR		412,680
	151,020	Takeda Pharmaceutical Co. Ltd., ADR		3,076,277
	30,000	Zoetis Inc.		3,020,100
				46,925,841
		Specialty Chemicals — 1.4%
	31,273	International Flavors & Fragrances Inc.		4,027,650
		TOTAL COMMON STOCKS		280,929,374

Shares			Market Value
		PREFERRED STOCKS — 0.0%
		Pharmaceuticals — 0.0%
	146	BioScrip Inc., Zero Coupon†	$	8,589
		RIGHTS — 0.0%
		Biotechnology — 0.0%
	6,907	Tobira Therapeutics Inc.†(a)		414
		Health Care Equipment and Supplies — 0.0%
	40,000	American Medical Alert Corp., CPR†(a)		400
		TOTAL RIGHTS		814
		WARRANTS — 0.0%
		Pharmaceuticals — 0.0%
	420	BioScrip Inc., Cl. A, expire 07/27/25†		173
	420	BioScrip Inc., Cl. B, expire 07/27/25†		162
				335
		TOTAL WARRANTS		335
Principal Amount
		U.S. GOVERNMENT OBLIGATIONS — 4.6%
	$13,509,000	U.S. Treasury Bills,
		2.381% to 2.481%††, 05/09/19 to 08/15/19		13,443,435
		TOTAL INVESTMENTS — 100.0%
		(Cost $211,610,201)	$	294,382,547

(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 Depository Receipt

CPR Contingent Payment Right

REIT Real Estate Investment Trust

Geographic Diversification	% of Total Investments			Market Value
North America		82.0	%		$	241,375,967
Europe		10.8				31,716,865
Japan		6.4				18,832,706
Asia/Pacific		0.8				2,457,009
Total Investments		100.0	%		$	294,382,547

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