abrdn Healthcare Opportunities Fund Declares $0.18 Distribution, 11.99% NAV Yield
THQ•abrdn Healthcare Opportunities Fund paid a $0.18 per share distribution on May 29, comprised of 36% short-term gains, 44% long-term gains and 20% return of capital. The Fund’s five-year average total return is 3.57% and its annualized distribution rate on NAV is 11.99%.
1. Distribution Payment
abrdn Healthcare Opportunities Fund declared a $0.18 per share distribution payable on May 29 to shareholders of record as of May 21. This marks the latest in its policy to deliver stable income supplemented by realized gains.
2. Distribution Composition
The current distribution breaks down into $0.0648 (36%) net realized short-term gains, $0.0792 (44%) net realized long-term gains and $0.0360 (20%) return of capital. This mix reflects the Fund’s approach of leveraging gains and capital return when necessary to sustain payouts.
3. Performance Metrics
As of April 30, the Fund achieved a 3.57% average annual total return over the past five years. Its current fiscal period’s annualized distribution rate on NAV is 11.99%, with a cumulative total NAV return of 7.83%, underscoring its income-focused performance.
