abrdn World Healthcare Fund Declares $0.1167 Distribution; 59% Short-Term Gains
THW•The abrdn World Healthcare Fund paid $0.1167 per share distribution on May 29 to holders as of May 21, with 59% sourced from net realized short-term gains and 41% from net realized long-term gains. Year-to-date cumulative distributions totaled $0.9336 per share, comprised of 59% short-term and 41% long-term gains.
1. Distribution Payment Details
On May 29, the abrdn World Healthcare Fund paid a $0.1167 per share distribution to shareholders of record as of May 21. This distribution aligns with its policy of providing stable payouts from current income and realized gains.
2. Composition of Current Distribution
The current distribution comprised 59% net realized short-term capital gains ($0.0689 per share) and 41% net realized long-term capital gains ($0.0478 per share), with no net investment income or return of capital.
3. Year-to-Date and Performance Metrics
Year-to-date cumulative distributions total $0.9336 per share, split 59% short-term and 41% long-term gains. The fund’s annualized distribution rate on NAV is 11.37%, with a five-year average annual total return of 6.94%.
