Tekla Healthcare Investors Paid Distribution
June 30 2021 - 10:16AM
Business Wire
On June 30, 2021, Tekla Healthcare Investors paid a distribution
of $0.50 per share. It is currently estimated that this
distribution is derived from net realized long-term capital gains.
The composition of this and subsequent distributions may vary from
quarter to quarter because it may be materially impacted by future
realized gains and losses on securities. The aggregate of the net
unrealized appreciation of portfolio securities and net realized
gains on sale of securities is $379,411,594, of which $302,115,866
represents net unrealized appreciation of portfolio securities.
The following table sets forth the estimated amounts of the
current distribution, paid on June 30, 2021, 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. 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
%
$0.0293
2
%
Net Realized ST Cap Gains
$0.0000
0
%
$0.4380
28
%
Net Realized LT Cap Gains
$0.5000
100
%
$1.0727
70
%
Return of Capital or Other Capital
Source
$0.0000
0
%
$0.0000
0
%
TOTAL (per common share):
$0.5000
100
%
$1.5400
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 April 30, 2016 through April 30, 2021
10.30
%
Annualized current distribution rate
expressed as a percentage of NAV as of April 30, 2021
7.74
%
Cumulative total return at NAV for the
fiscal year, through April 30, 20212
12.19
%
Cumulative fiscal year-to-date
distribution rate expressed as a percentage of NAV as of April 30,
20211
5.96
%
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.
Tekla Healthcare Investors (NYSE: HQH) is a closed-end fund that
invests in companies in the healthcare industry.
Tekla Capital Management LLC, the Fund’s investment adviser, is
a Boston, MA based healthcare-focused investment manager with
approximately $3.3 billion of assets under management as of March
31, 2021. Tekla also serves as investment adviser to Tekla Life
Sciences Investors (NYSE: HQL), Tekla Healthcare Opportunities Fund
(NYSE: THQ) and Tekla World Healthcare Fund (NYSE: THW), closed-end
funds that invest in companies in the healthcare and life sciences
industries. Information regarding the Funds 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 HQH@destracapital.com or call
(877) 855-3434 if you have any questions regarding HQH.
1
The Fund’s current fiscal year began on
October 1, 2020.
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, 2020 through April 30, 2021.
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version on businesswire.com: https://www.businesswire.com/news/home/20210630005680/en/
Destra Capital Advisors HQH@destracapital.com (877) 855-3434
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