Tekla World Healthcare Fund:THW

    Manage Alerts


    As of 6/7/2023

    52 Wk Avg$14.36$12.9510.79%
    52 Wk High$15.84$13.7916.46%
    52 Wk Low$12.51$12.023.15%
    Regular Distribution TypeManaged Distribution
    Distribution RateN/A
    Distribution Amount 
    Distribution Frequency 
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Trust's investment objective is to seek current income and long-term capital appreciation.The Fund invests in equity and debt of healthcare companies. The Fund seeks to benefit from the earnings growth of the healthcare industry while capturing income.

    Capital Structure

    As of 6/7/2023

    Total Investment Exposure:$597.640M
    Total Common Assets:$477.640M
    Common Shares Outstanding:37,998,416

    As of 6/7/2023

    Preferred Share Assets:
    Total Debt (USD): $120.000M
    Regulatory Leverage (USD): $120.000M
    Effective Leverage (USD): $120.000M
    Effective Leverage (%): 20.08%
    Annual Expense Ratios

    As of 9/30/2022

      Per Common Share
    Management Fees1.23%
    Other Expenses:0.29%
    Baseline Expense: N/A
    Interest Expense:0.39%
    Total: 1.91%
    Fund Management

    Fund Sponsor
    Tekla Capital Management LLC

    Portfolio Managers
    Daniel R. Omstead

    Category: Equity-Sector Equity
    Ticker: THW
    NAV Ticker: XTHWX
    Average Daily Volume (shares): 89,090
    Average Daily Volume (USD): $1.276M
    Inception Date: 6/26/2015
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: September 30
    Third Party Links & Reports


    As of

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    ERROR: No data

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/7/2023

    PeriodAvg Discount
    6 Month11.45%
    1 Year10.79%
    3 Year6.86%
    5 Year1.51%

    As of 6/7/2023

    3 Month0.22
    6 Month-0.22
    1 Year0.07
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 5/31/2023
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2023
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/7/2023
    Number of Holdings:
    As of 3/31/2023
    Annual Portfolio Turnover:
    As of 9/30/2022
    Asset Allocation

    As of 3/31/2023

    Top Sectors

    As of 3/31/2023

    Defensive (Super Sector)98.51%
    Corporate (Super Sector)18.65%
    Corporate Bond16.84%
    Cyclical (Super Sector)5.50%
    Real Estate4.87%
    Cash Equivalents (Super Sector)2.91%
    Cash Equivalents2.91%
    Preferred Stock1.81%
    Basic Materials0.63%
    Top Holdings

    As of 3/31/2023

    HoldingValue% Portfolio
    UnitedHealth Group Inc$29.08M6.07%
    Johnson & Johnson$28.36M5.92%
    Eli Lilly and Co$23.71M4.95%
    Roche Holding AG ADR$20.18M4.21%
    AbbVie Inc$19.53M4.07%
    Pfizer Inc$19.40M4.05%
    Novo Nordisk A/S ADR$17.72M3.70%
    AstraZeneca PLC ADR$16.85M3.51%
    Merck & Co Inc$15.91M3.32%
    Other Liability$-127.91M-26.69%
    Credit Quality

    As of 3/31/2023

    Maturity Breakdown

    As of 3/31/2023

    Country Allocation

    As of 3/31/2023

    Country% Portfolio
    United States - Equity78.98%
    United States - Fixed Income13.56%
    Switzerland - Equity8.41%
    United Kingdom - Equity4.88%
    Denmark - Equity4.67%
    Japan - Equity1.82%
    Germany - Equity1.82%
    Australia - Equity1.56%
    United Kingdom - Fixed Income1.50%
    France - Equity1.40%
    Germany - Fixed Income0.81%
    France - Fixed Income0.53%
    Switzerland - Fixed Income0.44%
    Netherlands - Equity0.42%
    China - Equity0.21%
    Israel - Equity0.17%
    Canada - Equity0.01%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.