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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 August 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 August 22, 2022, with a payable date of August 31, 2022. The shares will trade ex-distribution on August 19, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested. Tekla Capital Management LLC manages the Fund, which focuses on investments in the healthcare sector.

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On July 11, 2022, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is set for July 21, 2022, with the payable date on July 29, 2022. The shares will trade ex-distribution on July 20, 2022. Investors participating in the Fund's Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested. The Fund, managed by Tekla Capital Management LLC, focuses on healthcare investments.

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On June 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 June 21, 2022, with payments made on June 30, 2022. The Fund will trade ex-distribution on June 17, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will automatically reinvest cash distributions into shares.

Tekla World Healthcare Fund is a closed-end fund investing in healthcare companies, managed by Tekla Capital Management LLC from Boston.

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

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On April 11, 2022, Tekla World Healthcare Fund (NYSE:THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is April 21, 2022, and the payment will be made on April 29, 2022. The ex-distribution date is April 20, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have their distributions automatically reinvested. The Fund invests in healthcare companies and is advised by Tekla Capital Management LLC, located in Boston.

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Tekla World Healthcare Fund announced the renewal of its share repurchase program, allowing it to buy back up to 12% of its outstanding shares until July 14, 2023. This decision follows a review aimed at enhancing shareholder value and reducing the discount between market price and net asset value per share. The buyback is expected to increase net asset value and improve share liquidity. Timing and amount of repurchases will be managed by Tekla Capital Management LLC, with no guarantee of price increases due to the program.

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On March 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 set for March 21, 2022, with payments scheduled for March 31, 2022. The fund will trade ex-distribution on March 18, 2022. Only participants in the Dividend Reinvestment and Stock Purchase Plan will have distributions reinvested automatically. Tekla Capital Management LLC manages the fund, which focuses on healthcare investments.

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On February 8, 2022, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is February 18, 2022, and payments will be made on February 28, 2022. The Fund will trade ex-distribution on February 17, 2022. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have their cash distributions automatically reinvested in shares.

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

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On January 10, 2022, Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share, with a record date of January 20, 2022 and payable date on January 31, 2022. The fund will trade ex-distribution on January 19, 2022. Investors participating in the Dividend Reinvestment and Stock Purchase Plan will have their distributions automatically reinvested. The fund focuses on healthcare investments and is managed by Tekla Capital Management LLC, based in Boston.

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On December 10, 2021, Tekla World Healthcare Fund (NYSE:THW) announced a monthly cash distribution of $0.1167 per share. The record date for this distribution is December 20, 2021, with a payable date set for December 31, 2021. Shares will trade ex-distribution on December 17, 2021. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have their cash distributions automatically reinvested. Tekla Capital Management LLC manages the Fund, which focuses on healthcare investments.

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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 $10.99 as of December 20, 2024.

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

The market cap of abrdn World Healthcare Fund (THW) is approximately 423.6M.

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

423.56M
37.17M
0%
11.83%
0.75%
Asset Management
Financial Services
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United States of America
Boston