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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 November 9, 2021, 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 November 19, 2021, with a payable date of November 30, 2021. The fund will trade ex-distribution on November 18, 2021. Participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have their distributions automatically reinvested. The Fund, advised by Tekla Capital Management LLC, focuses on healthcare investments.

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On October 8, 2021, Tekla Healthcare Opportunities Fund (NYSE: THQ) announced a monthly cash distribution of $0.1125 per share. The record date is set for October 20, 2021, with a payable date of October 29, 2021. Shares will trade ex-distribution on October 19, 2021. Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan will have cash distributions automatically reinvested. The Fund, advised by Tekla Capital Management, focuses on investments in the healthcare sector.

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On October 8, 2021, 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, 2021, with a payable date of October 29, 2021. The Fund will trade ex-distribution on October 19, 2021. Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan will have their distributions automatically reinvested into shares. Tekla Capital Management LLC manages the Fund, which focuses on investments in the healthcare sector.

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On September 10, 2021, the Tekla World Healthcare Fund (NYSE: THW) announced a monthly cash distribution of $0.1167 per share. The distribution's record date is September 20, 2021, with a payable date of September 30, 2021. The ex-distribution trading date is set for September 17, 2021. Only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have their cash distributions automatically reinvested in shares of the Fund. Tekla Capital Management LLC, based in Boston, serves as the Investment Adviser to the Fund.

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On August 10, 2021, Tekla World Healthcare Fund declared a monthly cash distribution of $0.1167 per share. The record date for this distribution is August 20, 2021, with payments scheduled for August 31, 2021. Shares will trade ex-distribution on August 19, 2021. Participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will automatically reinvest cash distributions in additional shares. Tekla World Healthcare Fund invests in healthcare companies and is advised by Tekla Capital Management LLC.

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Tekla World Healthcare Fund has declared a monthly cash distribution of $0.1167 per share, with a record date of July 20, 2021 and a payable date of July 30, 2021. The ex-distribution date is set for July 19, 2021. The Fund is a closed-end investment vehicle focused on the healthcare sector, managed by Tekla Capital Management LLC. Participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have distributions automatically reinvested.

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On June 8, 2021, Tekla World Healthcare Fund announced a monthly cash distribution of $0.1167 per share, with the record date set for June 18, 2021 and a payable date of June 30, 2021. The fund will trade ex-distribution on June 17, 2021. Only participants in the Dividend Reinvestment and Stock Purchase Plan (DRIP) will automatically reinvest their cash distributions in shares of the Fund. The Fund focuses on investing in healthcare companies and is managed by Tekla Capital Management LLC, based in Boston.

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On May 10, 2021, Tekla World Healthcare Fund declared a monthly cash distribution of $0.1167 per share for its investors. The record date is set for May 20, 2021, and payments will be made on May 28, 2021. The Fund will trade ex-distribution on May 19, 2021. Only participants in the Fund's Dividend Reinvestment and Stock Purchase Plan (DRIP) will automatically reinvest their cash distributions. The Fund primarily invests in the healthcare sector and is managed by Tekla Capital Management LLC.

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Tekla World Healthcare Fund (NYSE: THW) has successfully completed a non-transferable rights offering, allowing shareholders to purchase one new share for every three rights held. The offering expired on April 6, 2021, at a subscription price of $14.262 per share, representing 95% of the volume weighted average price on the NYSE on the expiration date and preceding days. The Fund received requests for 6,930,639 shares, resulting in gross proceeds of approximately $98.8 million. New shares are expected to be issued on or about April 9, 2021.

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On April 9, 2021, Tekla World Healthcare Fund announced a monthly cash distribution of $0.1167 per share, with an April 20, 2021 record date and a payable date of April 30, 2021. The ex-distribution date is April 19, 2021. This closed-end fund focuses on investments in the healthcare sector, managed by Tekla Capital Management LLC. Participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan (DRIP) will have cash distributions automatically reinvested in shares.

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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