Tekla World Healthcare Fund Declares Monthly Cash Distribution

Rhea-AI Summary

On October 9, 2020, Tekla World Healthcare Fund declared a monthly cash distribution of $0.1167 per share. The record date is set for October 20, 2020, with a payable date of October 30, 2020. The Fund will trade ex-distribution on October 19, 2020. Investors participating in the Fund's Dividend Reinvestment and Stock Purchase Plan will have their cash distributions reinvested automatically.

Investing in healthcare companies, the Fund is managed by Tekla Capital Management LLC, based in Boston.

Positive

• Cash distribution of $0.1167 per share enhances investor returns.
• Automatic reinvestment available for DRIP participants.

Negative

• None.

BOSTON--(BUSINESS WIRE)--On October 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 October 20, 2020 and the payable date is October 30, 2020. The Fund will trade ex-distribution on October 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.