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Closed End Fund Equity

I am not a stock trading expert, but I can provide you with some general information about the closed-end fund equity symbolized by FGB, which is Tekla World Healthcare Fund, Inc. (TWH). I have gathered the data from various financial sources as of February 2023.

1. Overview:

TWH is a closed-end fund that focuses on investing in the global healthcare sector. It seeks long-term capital appreciation by investing primarily in common stocks and other equity securities of companies in the biotechnology, pharmaceutical, medical device, and other healthcare industries.

2. Ticker Symbol: FGB (trades on the NYSE)

3. Earnings:

The company's last reported earnings, as of Q3 2022, were $0.35 per share, representing a 5.7% increase year-over-year. The annual report for FY 2022 has not been released yet. It is important to note that dividend income from REITs and other investments can influence the earnings of closed-end funds.

4. Growth:

While it's important to note that past performance is not indicative of future results, TWH has shown overall growth in its net asset value (NAV) over the years. However, like many equity investments, its NAV and the market price per share can be volatile.

5. Historical Performance (as of February 3, 2023):

* Year-to-date: -4.11% (Market Price) and -3.92% (NAV)

* 1-year: 6.12% (Market Price) and 10.24% (NAV)

* 3-year: 23.52% (Market Price) and 26.11% (NAV)

* 5-year: 48.03% (Market Price) and 56.53% (NAV)

6. Dividends:

TWH usually pays dividends on a quarterly basis. For example, between 2019 and 2021, the quarterly distribution ranged from $0.19 to $0.24 per share. In 2022 the quarterly dividend ranged from $0.18 to $0.21 per share.

Overall, TWH presents an opportunity for investors interested in the global healthcare sector and seeking moderate dividend income. However, as with any investment, it is essential to evaluate risks, such as market volatility and potential economic fluctuations, before deciding whether TWH or any other investment aligns with your financial goals and risk tolerance. Always consult with a financial advisor or investment professional for personalized guidance.