EX-99.SECTION19(A) 3 tm228075d1_ex99section19a.htm EXHIBIT 99.SECTION19(A)

Exhibit 99.Section 19(a)

 

EXHIBIT 3: SECTION 19(a) NOTICE TO FUND’S SHAREHOLDERS

 

TEKLA HEALTHCARE INVESTORS

 

Notification of Sources of Distribution

 

Distribution Paid Date: December 31, 2021

 

Distribution Amount Per Common Share: $0.51

 

The following table sets forth the estimated amounts of the current distribution, paid December 31, 2021, and the cumulative distributions paid this fiscal year-to-date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with `yield' or `income'. All amounts are expressed per common share.

 

                      Percentage   
          Percentage           Breakdown of the  
          Breakdown     Total Cumulative     Total Cumulative  
    Current     of Current     Distributions for the     Distributions for the  
    Distribution     Distribution     Fiscal Year to Date1     Fiscal Year to Date1  
Net Investment Income   $ 0.0000       0 %   $ 0.0000       0 %
Net Realized ST Cap Gains   $ 0.1173       23 %   $ 0.1173       23 %
Net Realized LT Cap Gains   $ 0.0000       0 %   $ 0.0000       0 %
Return of Capital or Other Capital Source   $ 0.3927       77 %   $ 0.3927       77 %
TOTAL (per common share):   $ 0.5100       100 %   $ 0.5100       100 %

 

The table below includes information relating to the Fund’s performance based on its NAV for certain periods.

 

Average annual total return at NAV for the period October 31, 2016 through October 31, 2021   11.61%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2021   8.03%
Cumulative total return at NAV for the fiscal year, through October 31, 20212   -0.20%
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of October 31, 20211   2.01%

 

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution policy.

 

The composition of this and subsequent distribution may vary from month to month because it may be materially impacted by future realized gains and losses on securities. The aggregate of the net unrealized appreciation of portfolio securities and net realized losses on sale of securities is $267,547,292, of which $299,903,741 represents net unrealized appreciation of portfolio securities.

 

The amounts and sources of distributions reported in this 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

1The Fund’s current fiscal year began on October 1, 2021.

2Cumulative total return at NAV is the percentage change in the Fund’s NAV and includes all distributions and assumes the reinvestment of those distributions for the period of September 30, 2021 through October 31, 2021.

 

Tekla Healthcare Investors

CUSIP: 87911J103

www.teklacap.com

 

Tekla Capital Management LLC

100 Federal Street, 19th Floor

Boston, Massachusetts 02110

 

617-772-8500

Fax: 617-772-8577

 

03K6EC     002CSNC79C

 

 

 

 

TEKLA HEALTHCARE INVESTORS

 

Notification of Sources of Distribution

 

Distribution Paid Date: March 31, 2022

 

Distribution Amount Per Common Share: $0.48

 

The following table sets forth the estimated amounts of the current distribution, paid March 31, 2022, and the cumulative distributions paid this fiscal year-to-date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with `yield' or `income'. All amounts are expressed per common share.

 

               Percentage 
       Percentage       Breakdown of the 
       Breakdown   Total Cumulative   Total Cumulative 
   Current   of Current   Distributions for the   Distributions for the 
   Distribution   Distribution   Fiscal Year to Date1   Fiscal Year to Date1 
Net Investment Income  $0.0000    0%  $0.0000    0%
Net Realized ST Cap Gains  $0.0000    0%  $0.1173    12%
Net Realized LT Cap Gains  $0.2870    60%  $0.2870    29%
Return of Capital or Other Capital Source  $0.1930    40%  $0.5857    59%
TOTAL (per common share):  $0.4800    100%  $0.9900    100%

 

The table below includes information relating to the Fund’s performance based on its NAV for certain periods.

 

Average annual total return at NAV for the period January 31, 2017 through January 31, 2022   7.71%
Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2022   8.67%
Cumulative total return at NAV for the fiscal year, through January 31, 20222   -11.24%
Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of January 31, 20221   4.47%

 

You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution policy.

 

The composition of this and subsequent distribution may vary from month to month because it may be materially impacted by future realized gains and losses on securities. The aggregate of the net unrealized appreciation of portfolio securities and net realized gains on sale of securities is $196,748,005 of which $183,655,454 represents net unrealized appreciation of portfolio securities.

 

The amounts and sources of distributions reported in this 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

 

1The Fund’s current fiscal year began on October 1, 2021.

2Cumulative total return at NAV is the percentage change in the Fund’s NAV and includes all distributions and assumes the reinvestment of those distributions for the period of September 30, 2021 through January 31, 2022.

 

Tekla Healthcare Investors

CUSIP: 87911J103

www.teklacap.com

 

Tekla Capital Management LLC

100 Federal Street, 19th Floor

Boston, Massachusetts 02110

 

617-772-8500

Fax: 617-772-8577

 

03MCEB     002CSNCB9D