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home / news releases / THW - THW: Sitting Tight With A 12% Yield From This Well-Diversified CEF


THW - THW: Sitting Tight With A 12% Yield From This Well-Diversified CEF

One of the major stories in the healthcare space recently is the $4.7 billion judgment against industry giant Johnson & Johnson (JNJ) concerning the alleged the presence of asbestos in baby powder. As might be expected, this had a devastating impact on the stock price, which plunged 10.04% in a single day. This also had a negative impact on the share price of many healthcare funds as Johnson & Johnson has been a top holding for many funds. However, there's one fund that has not been impacted by this development at all and

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Stock Information

Company Name: Tekla World Healthcare Fund Shares of Beneficial Interest
Stock Symbol: THW
Market: NYSE

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