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abrdn World Healthcare Fund - THW STOCK NEWS

Welcome to our dedicated page for abrdn World Healthcare Fund news (Ticker: THW), a resource for investors and traders seeking the latest updates and insights on abrdn World Healthcare Fund stock.

The abrdn World Healthcare Fund (symbol: THW) is a diversified closed-end management investment company, targeting both current income and long-term capital appreciation through investments in U.S. and non-U.S. companies within the healthcare industry. Managed by Tekla Capital Management LLC, the fund seeks to capitalize on growth opportunities across several healthcare sub-sectors including pharmaceuticals, biotechnology, healthcare services, and medical devices.

THW focuses on investing in public equity markets globally, specifically in the life sciences sector. This encompasses biotechnology, pharmaceutical, diagnostics, managed healthcare, medical equipment, hospitals, healthcare IT & services, and various other related industries like agriculture and environmental management. With a preference for growth stocks of small-cap companies, the fund utilizes fundamental analysis to identify investment opportunities based on factors such as market position, management experience, technological expertise, and financial stability.

The fund's investment approach is structured to benchmark its performance against indices such as the NASDAQ Biotech Index and the S&P 500 Index, ensuring a robust and competitive portfolio. Recently, the fund has been actively involved in several projects aimed at enhancing its investment footprint across emerging markets. These initiatives reflect THW's commitment to seeking innovative healthcare solutions and fostering sustainable growth.

Financially, the abrdn World Healthcare Fund maintains a stable condition, supported by strategic partnerships that provide both funding and market leverage. The fund continues to refine its portfolio, capitalizing on promising ventures within the dynamic healthcare landscape.

For investors seeking exposure to the healthcare sector, THW offers a compelling mix of income generation and capital appreciation potential, backed by a seasoned management team and a diversified portfolio that spans multiple high-growth industries.

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On April 10, 2023, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is April 20, 2023, with payments scheduled for April 28, 2023. The stock will trade ex-distribution on April 19, 2023. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will receive cash distributions automatically reinvested in shares of the Fund.

Tekla World Healthcare Fund is a closed-end fund focusing on investments in the healthcare sector, managed by Tekla Capital Management LLC based in Boston. Interested investors can purchase shares through any securities broker on the New York Stock Exchange.

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Tekla World Healthcare Fund (NYSE: THW) has announced a renewal of its share repurchase program, authorizing purchases of up to 12% of its outstanding common shares starting from July 14, 2023, until July 14, 2024. This initiative aims to enhance shareholder value and reduce the market price discount relative to the net asset value per share. The program will allow for increased liquidity and potentially boost the Fund's net asset value per share. The execution of repurchases will be managed by Tekla Capital Management LLC, although no specific purchase timelines or amounts are guaranteed.

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On March 10, 2023, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is March 20, 2023, with a payable date of March 31, 2023. The Fund will trade ex-distribution on March 17, 2023. Notably, only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan will have distributions reinvested automatically in Fund shares. Tekla Capital Management LLC, based in Boston, serves as the Fund's Investment Adviser. Shares of the Fund are available for purchase on the New York Stock Exchange.

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BOSTON--(BUSINESS WIRE)--On February 10, 2023, Tekla World Healthcare Fund (NYSE:THW) announced a monthly cash distribution of $0.1167 per share. The record date for the distribution is February 21, 2023, and it will be payable on February 28, 2023. The Fund will trade ex-distribution on February 17, 2023.

Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan (DRIP) will have their cash distributions automatically reinvested in shares. For more information about the Fund, visit www.teklacap.com.

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On December 9, 2022, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is December 19, 2022, with a payable date of December 30, 2022. Investors should note that the ex-distribution date is set for December 16, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have distributions reinvested automatically.

The Fund focuses on investing in healthcare companies and is advised by Tekla Capital Management LLC.

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On November 10, 2022, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is November 21, 2022, and it will be payable on November 30, 2022. Shares will trade ex-distribution on November 18, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested.

Tekla World Healthcare Fund is a closed-end fund focused on healthcare investments, managed by Tekla Capital Management based in Boston.

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On October 10, 2022, Tekla World Healthcare Fund (NYSE:THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is October 20, 2022, with payments scheduled for October 31, 2022. Shares will trade ex-distribution on October 19, 2022. Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested. The Fund focuses on investments in the healthcare industry, advised by Tekla Capital Management LLC.

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On September 9, 2022, Tekla World Healthcare Fund (NYSE:THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is September 20, 2022, with the payable date set for September 30, 2022. The Fund will trade ex-distribution on September 19, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have these distributions automatically reinvested.

Tekla World Healthcare Fund focuses on investments in the healthcare sector and is advised by Tekla Capital Management LLC.

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FAQ

What is the current stock price of abrdn World Healthcare Fund (THW)?

The current stock price of abrdn World Healthcare Fund (THW) is $12 as of January 28, 2025.

What is the market cap of abrdn World Healthcare Fund (THW)?

The market cap of abrdn World Healthcare Fund (THW) is approximately 457.7M.

What is the investment objective of abrdn World Healthcare Fund (THW)?

The primary objective is to seek current income and long-term capital appreciation by investing in U.S. and non-U.S. healthcare companies.

Which sectors does THW invest in?

The fund invests in pharmaceuticals, biotechnology, healthcare services, medical devices, diagnostics, and related industries like agriculture and environmental management.

Who manages the abrdn World Healthcare Fund?

The fund is managed by Tekla Capital Management LLC.

What types of companies does THW primarily invest in?

THW primarily invests in growth stocks of small-cap companies operating within the healthcare sector.

What benchmarks does THW use to measure its performance?

The fund benchmarks its performance against the NASDAQ Biotech Index and the S&P 500 Index.

What analysis method does THW employ?

THW employs fundamental analysis, focusing on market position, management experience, technological expertise, and financial stability.

What is the financial condition of the abrdn World Healthcare Fund?

The fund maintains a stable financial condition, supported by strategic partnerships and a diversified investment portfolio.

Why should investors choose THW?

Investors should choose THW for its mix of income generation and capital appreciation within the dynamic healthcare sector, supported by an experienced management team.

What recent projects has THW been involved in?

THW has been involved in numerous projects to enhance its market footprint in emerging healthcare markets, reflecting its commitment to innovation and growth.

What is the role of partnerships in THW's strategy?

Partnerships play a crucial role in providing funding and market leverage, which assist in the fund's overall investment strategy and financial stability.
abrdn World Healthcare Fund

NYSE:THW

THW Rankings

THW Stock Data

457.68M
37.17M
0%
11.83%
0.75%
Asset Management
Financial Services
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United States of America
Boston