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BOSTON--(BUSINESS WIRE)--On September 30, 2020, Tekla Healthcare Opportunities Fund paid a monthly distribution of $0.1125 per share. It is currently estimated that this distribution is derived from net realized short-term capital gains and net realized long-term capital gains. The composition of this and subsequent distributions 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 $73,003,700, of which $43,548,569 represents net unrealized appreciation of portfolio securities. The following table sets forth the estimated amounts of the current distribution, paid on September 30, 2020, 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 of the money that you have invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income. All amounts are expressed per common share. Current Distribution Percentage Breakdown of Current Distribution Total Cumulative Distributions for the Fiscal Year to Date1 Percentage Breakdown of the Total Cumulative Distributions for the Fiscal Year to Date1 Net Investment Income $0.0000 0% $0.0238 2% Net Realized ST Cap Gains $0.0193 17% $0.0748 5% Net Realized LT Cap Gains $0.0932 83% $0.1723 13% Return of Capital or Other Capital Source $0.0000 0% $1.0791 80% TOTAL (per common share): $0.1125 100% $1.3500 100% The table below includes information relating to the Funds performance based on its NAV for certain periods. Average annual return at NAV for the period from August 31, 2015 through August 31, 2020 9.11% Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 6.42% Cumulative total return at NAV for the fiscal year, through August 31, 20202 19.92% Cumulative fiscal year-to-date distribution rate expressed as a percentage of NAV as of August 31, 20201 6.42% You should not draw any conclusions about the Funds investment performance from the amount of this distribution or from the terms of the Funds managed distribution policy. The amounts and sources of distributions reported in this press release 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 Funds 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. Tekla Healthcare Opportunities Fund (NYSE: THQ) is a closed-end fund that invests in companies in the healthcare industry. Tekla Capital Management LLC, the Funds investment adviser, is a Boston, MA based healthcare-focused investment manager with approximately $3.1 billion of assets under management as of June 30, 2020. Tekla also serves as investment adviser to Tekla Healthcare Investors (NYSE: HQH), Tekla Life Sciences Investors (NYSE: HQL) and Tekla World Healthcare Fund (NYSE: THW), closed-end funds that invest in companies in the healthcare and life sciences industries. Information regarding the Funds and Tekla Capital Management LLC can be found at www.teklacap.com. Please contact Destra Capital Advisors, the Funds marketing and investor support services agent, at THQ@destracapital.com or call (877) 855-3434 if you have any questions regarding THQ. 1 The Funds current fiscal year began on October 1, 2019. 2 Cumulative total return at NAV is the percentage change in the Funds NAV and includes all distributions and assumes the reinvestment of those distributions for the period of September 30, 2019 through August 31, 2020.

Answer: Tekla Healthcare Opportunities Fund Paid Distribution