Tekla World Healthcare Fund:THW

    Manage Alerts

    Overview

    As of 11/27/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$11.34$11.44-0.87%
    52 Wk Avg$13.57$12.548.03%
    52 Wk High$15.84$13.6516.46%
    52 Wk Low$9.76$10.88-9.56%
    Regular Distribution Type†Managed Distribution
    Distribution Rate12.35%
    Distribution Amount$0.1167
    Distribution FrequencyMonthly
    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 11/27/2023

    Total Investment Exposure:$556.017M
    Total Common Assets:$436.017M
    Common Shares Outstanding:38,113,338
    Leverage

    As of 11/27/2023

    Preferred Share Assets:
    Total Debt (USD): $120.000M
    Regulatory Leverage (USD): $120.000M
    Effective Leverage (USD): $120.000M
    Effective Leverage (%): 21.58%
    Annual Expense Ratios

    As of 9/30/2023

      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

    Basics
    Category: Equity-Sector Equity
    Ticker: THW
    NAV Ticker: XTHWX
    Average Daily Volume (shares): 102,805
    Average Daily Volume (USD): $1.358M
    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

    Distributions

    As of 11/27/2023

    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.

    to
    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†
    Avg. Earnings Per Share:
    As of 3/31/2023    		 -$0.0002
    Annualized Distribution Rate on NAV:
    As of 11/27/2023    		12.24%
    Total Return on NAV (12 months):
    As of 11/27/2023    		-5.37%
    Avg. Portfolio Coupon:
    As of 11/27/2023    		 3.65%
    Total % Portfolio Effectively Leveraged:
    As of 11/27/2023     		21.58%

    Pricing Information

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

    As of 11/28/2023

    PeriodAvg Discount
    6 Month4.70%
    1 Year8.03%
    3 Year7.30%
    5 Year2.72%
    Z-Score

    As of 11/27/2023

    PeriodZStat
    3 Month-0.02
    6 Month-0.84
    1 Year-1.49
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 10/31/2023
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-23.77%-7.81%-6.23%-4.86%
    2022-0.19%-7.60%-10.73%-7.15%
    202112.76%16.87%22.39%17.58%
    202026.86%9.55%5.15%5.71%
    201932.96%25.87%26.64%22.38%
    2018-5.35%-1.84%-12.35%-9.96%
    201716.95%12.42%18.18%12.88%
    2016-10.41%-14.95%17.45%14.67%
    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 10/31/2023
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 11/27/2023    		3.65%
    Number of Holdings:
    As of 10/31/2023    		151
    Annual Portfolio Turnover:
    As of 9/30/2023    		43.87%
    Asset Allocation

    As of 10/31/2023

    Top Sectors

    As of 10/31/2023

    Sector%Portfolio
    Healthcare75.69%
    Defensive (Super Sector)75.69%
    Corporate (Super Sector)16.84%
    Corporate Bond15.59%
    Cyclical (Super Sector)4.49%
    Real Estate3.91%
    Cash Equivalents (Super Sector)2.67%
    Cash Equivalents2.67%
    Preferred Stock1.24%
    Basic Materials0.58%
    Top Holdings

    As of 10/31/2023

    HoldingValue% Portfolio
    Eli Lilly and Co$29.09M5.41%
    UnitedHealth Group Inc$26.89M5.00%
    Johnson & Johnson$24.35M4.53%
    Novo Nordisk A/S ADR$18.77M3.49%
    Roche Holding AG ADR$18.20M3.38%
    AstraZeneca PLC ADR$15.20M2.83%
    Merck & Co Inc$14.88M2.77%
    Thermo Fisher Scientific Inc$13.95M2.59%
    Pfizer Inc$12.00M2.23%
    Amgen Inc$11.61M2.16%
    Credit Quality

    As of 10/31/2023

    Maturity Breakdown

    As of 10/31/2023

    Country Allocation

    As of 10/31/2023

    Country% Portfolio
    United States - Equity61.89%
    United States - Fixed Income12.21%
    Switzerland - Equity5.06%
    United Kingdom - Equity3.85%
    Denmark - Equity3.49%
    Germany - Equity1.83%
    France - Equity1.40%
    Japan - Equity1.33%
    United Kingdom - Fixed Income1.32%
    Switzerland - Fixed Income0.90%
    Australia - Equity0.85%
    Germany - Fixed Income0.72%
    France - Fixed Income0.45%
    Netherlands - Equity0.40%
    China - Equity0.15%
    Israel - Equity0.14%
    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.

    NOTES:

    † 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.

    E-2949862P-E0623W

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