Tekla Healthcare Opportunities Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On November 9, 2020, Tekla Healthcare Opportunities Fund declared a monthly cash distribution of $0.1125 per share. The record date is November 20, 2020, with a payable date of November 30, 2020. The Fund will be ex-distribution on November 19, 2020. Participants in the Fund's Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested.

Tekla Healthcare Opportunities Fund (NYSE: THQ) invests in the healthcare sector and is advised by Tekla Capital Management LLC. Shares are available for purchase on the NYSE.

Positive

• Monthly cash distribution of $0.1125 per share enhances shareholder returns.
• Record date and payable date established, providing clarity for investors.

Negative

• None.

BOSTON--(BUSINESS WIRE)--On November 9, 2020, Tekla Healthcare Opportunities Fund declared its monthly cash distribution of $0.1125 per share. The record date for the monthly cash distribution is November 20, 2020 and the payable date is November 30, 2020. The Fund will trade ex-distribution on November 19, 2020.

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.