Tekla World Healthcare Fund Announces Initial Monthly Cash Distribution

BOSTON--()--On August 3, 2015, Tekla World Healthcare Fund declared its initial monthly cash distribution of $0.1167 per share. This represents an annualized distribution rate of 7% based upon the Fund’s IPO market price of $20.00. The record date for the monthly cash distribution is August 20, 2015 and the payable date is August 31, 2015. The Fund will trade ex-distribution on August 18, 2015.

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 newly organized, non-diversified, closed-end fund that invests primarily in the healthcare industry. Investors should consider the investment objective and policies, risk considerations, charges and expenses of THW carefully before investing.

Tekla Capital Management LLC, the Fund’s investment adviser, is a Boston, MA based healthcare-focused investment manager with approximately $3.4 billion of assets under management as of June 30, 2015. Tekla also serves as investment adviser to Tekla Healthcare Investors (NYSE: HQH), Tekla Life Sciences Investors (NYSE: HQL) and Tekla Healthcare Opportunities Fund (NYSE: THQ), 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.

Shares of closed-end investment companies usually trade on a national stock exchange, and these shares frequently trade at a discount to their net asset value, which may increase investors’ risk of loss.

Contacts

Destra Capital Investments
877-855-3434
THW@destracapital.com

Contacts

Destra Capital Investments
877-855-3434
THW@destracapital.com