Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Get Free Report) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Monday, November 23rd will be paid a dividend of $0.0385 per share on Monday, November 30th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend is Monday, November 23rd.
Highland Funds I – Highland Opportunities and Income Fund Price Performance
Shares of NYSE HFRO opened at $6.29 on Tuesday. The firm has a fifty day moving average of $6.78 and a 200 day moving average of $6.60. Highland Funds I – Highland Opportunities and Income Fund has a one year low of $5.47 and a one year high of $7.74.
About Highland Funds I – Highland Opportunities and Income Fund
Highland Opportunities and Income Fund (NYSE: HFRO) is a closed-end investment fund designed to pursue total return through a combination of current income and capital appreciation. The fund invests in a flexible portfolio of income-producing and opportunistic assets rather than operating as a traditional business.
Its portfolio may include corporate loans, bonds, structured credit investments, preferred securities, common stocks and other debt or equity instruments. The fund can invest across a range of industries and may allocate capital to both public and private-market opportunities, including investments issued by companies in the United States and other countries.
Highland Opportunities and Income Fund is advised by an affiliate of Highland Capital Management, an investment-management firm with experience in alternative credit and income-oriented strategies.
Further Reading
- Five stocks we like better than Highland Funds I – Highland Opportunities and Income Fund
- AST SpaceMobile’s Brazil Breakthrough Could Set the Stage for a Q3 Stock Rebound
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
Receive News & Ratings for Highland Funds I - Highland Opportunities and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highland Funds I - Highland Opportunities and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
