Tekla Healthcare Opportunities Fund

Tekla Healthcare Opportunities Fundverified

THQ

Price:

$21.92

Market Cap:

$906.17M

Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles. For its fixed income portion, the fund invests in corporate debt securities across the credit rating spectrum. It benchmarks the performance of its portfolio against the S&P 1500 Healthcare Index and S&P 500 Index. Tekla Healthcare Opportunities Fund was formed on April 2, 2014 and is domiciled in the United States.[Read more]

Industry

Asset Management

IPO Date

2014-07-29

Stock Exchange

NYSE

Ticker

THQ

The ROE as of September 2024 (TTM) for Tekla Healthcare Opportunities Fund (THQ) is 13.07%

According to Tekla Healthcare Opportunities Fund’s latest financial reports and current stock price. The company's current ROE is 13.07%. This represents a change of 1.03% compared to the average of 1.16% of the last 4 quarters.

Tekla Healthcare Opportunities Fund (THQ) Historical ROE (quarterly & annually)

How has THQ ROE performed in the past?

The mean historical ROE of Tekla Healthcare Opportunities Fund over the last ten years is 6.39%. The current 13.07% ROE has changed 104.42% with respect to the historical average. Over the past ten years (40 quarters), THQ's ROE was at its highest in in the September 2018 quarter at 16.56%. The ROE was at its lowest in in the September 2022 quarter at -14.77%.

Quarterly (TTM)
Annual

Average

6.39%

Median

8.57%

Minimum

-10.32%

Maximum

19.92%

Tekla Healthcare Opportunities Fund (THQ) ROE by Quarter and Year

Discovering the peaks and valleys of Tekla Healthcare Opportunities Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 159.55%

Maximum Annual ROE = 19.92%

Minimum Annual Increase = -359.14%

Minimum Annual ROE = -10.32%

Quarterly (TTM)
Annual
YearROEChange
20236.34%-161.42%
2022-10.32%-151.83%
202119.92%43.16%
202013.91%-359.14%
2019-5.37%-149.74%
201810.79%-6.28%
201711.52%5.15%
201610.95%159.55%
20154.22%113.03%

Tekla Healthcare Opportunities Fund (THQ) Average ROE

How has THQ ROE performed in the past?

The current ROE of Tekla Healthcare Opportunities Fund (THQ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.31%

5-year avg

4.90%

10-year avg

6.39%

Tekla Healthcare Opportunities Fund (THQ) ROE vs. Peers

How is THQ’s ROE compared to its peers?

Tekla Healthcare Opportunities Fund’s ROE is less than Tekla Healthcare Investors (11.27%), less than Tekla Life Sciences Investors (22.91%), less than Cohen & Steers REIT and Preferred Income Fund, Inc. (17.91%), less than XAI Octagon Floating Rate & Alternative Income Term Trust (20.60%), less than Tekla World Healthcare Fund (10.57%), less than Royce Value Trust Inc. (12.08%), less than John Hancock Financial Opportunities Fund (11.89%), less than Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (24.48%), less than Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (16.51%), less than Flaherty & Crumrine Preferred Securities Income Fund Inc. (25.22%), less than Flaherty & Crumrine Total Return Fund Inc. (24.53%), less than Calamos Dynamic Convertible and Income Fund (9.67%), less than Blackrock Resources & Commodities Strategy Trust (4.30%), greater than Reaves Utility Income Fund (-1.58%), less than Cohen & Steers Quality Income Realty Fund, Inc. (16.29%), less than PIMCO Corporate & Income Opportunity Fund (11.80%),

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