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Tekla World Healthcare Fund Declares Monthly Cash Distribution

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On November 9, 2020, Tekla World Healthcare Fund announced a monthly cash distribution of $0.1167 per share, with the record date set for November 20, 2020 and a payable date of November 30, 2020. The Fund's shares will trade ex-distribution on November 19, 2020. This closed-end fund focuses on investments within the healthcare sector and is managed by Tekla Capital Management LLC. It is important to note that only participants in the Fund’s Dividend Reinvestment and Stock Purchase Plan will have their cash distributions automatically reinvested.

Positive
  • Monthly cash distribution of $0.1167 per share.
  • Record date and payable date establish clear timelines for investors.
  • Focus on healthcare investments positions the fund in a vital industry.
Negative
  • None.

BOSTON--()--On November 9, 2020, Tekla World Healthcare Fund declared its monthly cash distribution of $0.1167 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 World Healthcare Fund (NYSE: THW) 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 THW@destracapital.com or call (877)855-3434 if you have any questions regarding THW.

Contacts

Destra Capital Advisors
THW@destracapital.com
(877)855-3434

FAQ

What is the cash distribution amount for Tekla World Healthcare Fund (THW)?

The cash distribution amount is $0.1167 per share.

When is the record date for THW's cash distribution?

The record date is November 20, 2020.

What is the ex-distribution date for THW?

The ex-distribution date is November 19, 2020.

When will the cash distribution for THW be payable?

The cash distribution will be payable on November 30, 2020.

Who manages the Tekla World Healthcare Fund (THW)?

The fund is managed by Tekla Capital Management LLC.

abrdn World Healthcare Fund

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