abrdn Healthcare Opportunities Fund Paid Distribution
01 November 2023 - 7:50AM
Business Wire
On October 31, 2023, abrdn Healthcare Opportunities Fund,
formerly known as Tekla Healthcare Opportunities Fund, paid a
monthly distribution of $0.1125 per share. It is currently
estimated that this distribution is derived from a return of
capital or other capital source. The composition of this and
subsequent distributions may vary from month to month because it
may be materially impacted by future realized gains and losses on
securities. As of October 26, 2023, the aggregate of the net
unrealized appreciation of portfolio securities and net realized
gains on sale of securities is $14,255,566, of which $15,246,483
represents net unrealized appreciation of portfolio securities.
The following table sets forth the estimated amounts of the
current distribution, paid on October 31, 2023, and the cumulative
distributions paid this fiscal year-to-date from the following
sources: net investment income, net realized short-term capital
gains, net realized long-term capital gains and return of capital
or other capital source. The Fund estimates that it has distributed
more than its income and net realized capital gains; therefore, a
portion of your distribution may be a return of capital. A return
of capital may occur, for example, when some or all the money that
you have invested in the Fund is paid back to you. A return of
capital distribution does not necessarily reflect the Fund’s
investment performance and should not be confused with ‘yield’ or
‘income’. All amounts are expressed per common share.
Current
Distribution
Percentage Breakdown
of Current Distribution
Total Cumulative Distributions
for the Fiscal Year to Date1
Percentage Breakdown of
the Total Cumulative Distributions for the Fiscal Year to
Date1
Net Investment Income
$0.0000
0%
$0.0000
0%
Net Realized ST Cap Gains
$0.0000
0%
$0.0000
0%
Net Realized LT Cap Gains
$0.0000
0%
$0.0000
0%
Return of Capital or Other Capital
Source
$0.1125
100%
$0.1125
100%
TOTAL (per common share):
$0.1125
100%
$0.1125
100%
The table below includes information relating to the Fund’s
performance based on its NAV for certain periods.
Average annual return at NAV for the
period from September 30, 2018 through September 30, 2023
6.19%
Annualized current distribution rate
expressed as a percentage of NAV as of September 30, 2023
6.71%
Cumulative total return at NAV for the
fiscal year through September 30, 20232
6.94%
Cumulative fiscal year-to-date
distribution rate expressed as a percentage of NAV as of September
30, 2023
6.71%
You should not draw any conclusions about the Fund’s investment
performance from the amount of this distribution or from the terms
of the Fund’s managed distribution policy.
The amounts and sources of distributions reported in this press
release are only estimates and are not being provided for tax
reporting purposes. The actual amounts and sources of the amounts
for tax reporting purposes will depend upon the Fund’s investment
experience during the remainder of its fiscal year and may be
subject to changes based on tax regulations. The Fund will send you
a Form 1099-DIV for the calendar year that will tell you how to
report these distributions for federal income tax purposes.
abrdn Healthcare Opportunities Fund (NYSE: THQ) is a closed-end
fund that invests in companies in the healthcare industry.
For more information, please go to www.abrdnTHQ.com.
1
The Fund’s current fiscal year began on
October 1, 2023.
2
Cumulative total return at NAV is the
percentage change in the Fund’s NAV and includes all distributions
and assumes the reinvestment of those distributions for the period
of September 30, 2022 through September 30, 2023.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231031900292/en/
Investor Relations investor.relations@abrdn.com
1-800-522-5465
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