Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Get Free Report) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Friday, October 23rd will be paid a dividend of $0.0385 per share on Friday, October 30th. This represents a $0.46 annualized dividend and a yield of 6.8%. The ex-dividend date is Friday, October 23rd.
Highland Funds I – Highland Opportunities and Income Fund Stock Down 0.6%
Shares of Highland Funds I – Highland Opportunities and Income Fund stock opened at $6.78 on Friday. Highland Funds I – Highland Opportunities and Income Fund has a 52-week low of $5.47 and a 52-week high of $7.74. The company has a fifty day moving average of $7.19 and a 200-day moving average of $6.76.
About Highland Funds I – Highland Opportunities and Income Fund
Highland Funds I – Highland Opportunities and Income Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol HFRO. Rather than operating a commercial business, the fund seeks to provide investors with current income and the potential for capital appreciation through a managed portfolio of investments.
The fund invests in a range of debt and equity securities, including corporate credit, structured investments and other income-producing or opportunistic assets.
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