# Abrdn World Healthcare Fund (THW): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/thw for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: abrdn · Asset class: Equity - Strategy: Actively Managed · Inception: 2015-06-26 Under the stewardship of Tekla Capital Management LLC, the Tekla World Healthcare Fund functions as a balanced, closed-end mutual fund. Its investment mandate extends to publicly traded stocks and debt instruments spanning international markets. A primary focus for its equity allocations is businesses within the healthcare industry, while the debt component of its portfolio largely comprises corporate bonds. Established on June 26, 2015, this fund is headquartered in the United States. ## Key Facts | Metric | Value | |---|---| | Price | $12.87 | | Expense Ratio | 3.00% | | Market Value | $519.2M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 10.85% | | Annual Distribution (TTM) | $1.40 /share | | Distribution Frequency | Monthly | | 52-Week Range | $11.18 – $14.50 | | Beta | 0.83 | ## Latest Distribution - Amount: $0.1100 /share - Ex-date: 2026-10-23 - Pay date: 2026-10-30 ## Frequently Asked Questions ### What does THW invest in? Under the stewardship of Tekla Capital Management LLC, the Tekla World Healthcare Fund functions as a balanced, closed-end mutual fund. Its investment mandate extends to publicly traded stocks and debt instruments spanning international markets. A primary focus for its equity allocations is businesses within the healthcare industry, while the debt component of its portfolio largely comprises corporate bonds. Established on June 26, 2015, this fund is headquartered in the United States. ### What is the expense ratio of THW? Abrdn World Healthcare Fund (THW) charges an expense ratio of 3.00%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is THW? Abrdn World Healthcare Fund (THW) has a market value of $519.2M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is THW actively managed or an index fund? THW is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (THW's is 3.00%) in exchange for the discretion to over- or under-weight positions. ### When was THW launched? Abrdn World Healthcare Fund (THW) launched in June 2015 and is managed by abrdn. ### How has THW performed? THW's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does THW pay a dividend? Abrdn World Healthcare Fund (THW) currently distributes little or no income. Trailing-twelve-month yield is 10.85%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does THW pay dividends? Abrdn World Healthcare Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is THW's dividend yield? THW's trailing-twelve-month yield is 10.85%, calculated from the sum of dividends over the past year divided by the current price. ### When is THW's next ex-dividend date? The most recently announced ex-dividend date for THW was 2026-10-23. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will THW's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.00% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does THW charge its expense ratio? The expense ratio is deducted in tiny daily slices from THW's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does THW cost more than a fund like VOO? THW is actively managed (current expense ratio 3.00%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether THW's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to THW? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as THW (3.00%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/thw - Distribution history: https://www.dividenddata.com/funds/thw/dividend - Holdings & diversification: https://www.dividenddata.com/funds/thw/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/thw/expenses - Peer comparison: https://www.dividenddata.com/funds/thw/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.