Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

Tekla Healthcare Opportunities Fund (NYSE: THQ) declares a monthly cash distribution of $0.1125 per share, with a record date of August 21, 2023, and a payable date of August 31, 2023. The Fund will trade ex-distribution on August 18, 2023. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan (“DRIP”) will have cash distributions automatically reinvested in shares. Tekla Healthcare Opportunities Fund is a closed-end fund investing in healthcare companies, with Tekla Capital Management LLC as the Investment Adviser. Shares can be purchased on the New York Stock Exchange through any securities broker.

Positive

• The monthly cash distribution of $0.1125 per share provides a steady income for investors.
• Tekla Healthcare Opportunities Fund's focus on the healthcare industry presents an opportunity for growth in a resilient sector.

Negative

• None.

BOSTON--(BUSINESS WIRE)-- On August 10, 2023, Tekla Healthcare Opportunities Fund declared its monthly cash distribution of $0.1125 per share. The record date for the monthly cash distribution is August 21, 2023 and the payable date is August 31, 2023. The Fund will trade ex-distribution on August 18, 2023.

Note that only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan (“DRIP”) will have cash distributions automatically reinvested in shares of the Fund.

Tekla Healthcare Opportunities Fund (NYSE: THQ) is a closed-end fund that invests in companies in the healthcare industry. Tekla Capital Management LLC, based in Boston, serves as Investment Adviser to the Fund. Shares of the Fund can be purchased on the New York Stock Exchange through any securities broker.

Information regarding the Fund and Tekla Capital Management LLC can be found at www.teklacap.com.

Please contact Destra Capital Advisors, the Fund’s marketing and investor support services agent, at THQ@destracapital.com or call (877) 855-3434 if you have any questions regarding THQ.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230810785296/en/

Destra Capital Advisors

THQ@destracapital.com

(877) 855-3434

Source: Tekla Healthcare Opportunities Fund

FAQ

What is the monthly cash distribution for Tekla Healthcare Opportunities Fund (NYSE: THQ)?

The monthly cash distribution is $0.1125 per share.

When is the record date for the monthly cash distribution?

The record date is August 21, 2023.

Where can shares of the Fund be purchased?

Shares can be purchased on the New York Stock Exchange through any securities broker.

Who serves as the Investment Adviser to Tekla Healthcare Opportunities Fund?

Tekla Capital Management LLC, based in Boston, serves as the Investment Adviser to the Fund.

How can participants have cash distributions reinvested?

Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan (“DRIP”) will have cash distributions automatically reinvested in shares.