UNH - THQ: Discount Narrows And Distribution Bump

2024-06-02 02:22:26 ET

Summary

• abrdn Healthcare Opportunities Fund is a closed-end fund that provides exposure to the healthcare sector.
• THQ's distribution rate has increased significantly since our prior update, and that has helped to narrow the fund's discount.
• Eli Lilly has performed exceptionally well, driving it to the top spot in THQ's portfolio based on solid earnings growth expectations going forward.

Written by Nick Ackerman, co-produced by Stanford Chemist.

abrdn Healthcare Opportunities Fund ( THQ ) (formerly Tekla Healthcare Opportunities Fund) provides investors with exposure to the healthcare sector. Generally, this sector is defensive and provides overall investment portfolios some stability. With THQ, it is a closed-end fund, and they are leveraged. The leverage is quite modest, but any leverage is going to add further volatility and risk than would otherwise be there....

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