Highland Funds I - Highland Opportunities and Income Fund (HFRO)

NYSE: HFRO · Real-Time Price · USD
5.60
+0.04 (0.72%)
Apr 8, 2026, 9:40 AM EDT - Market open
Market Value309.83M
Revenue (ttm)n/a
Net Incomen/a
EPSn/a
Shares Out 55.33M
PE Ration/a
Forward PEn/a
Dividend$0.46 (8.31%)
Ex-Dividend DateApr 23, 2026
Volume13,534
Open5.58
Previous Close5.56
Day's Range5.58 - 5.63
52-Week Range4.24 - 6.83
Beta0.78
Analystsn/a
Price Targetn/a
Earnings Daten/a

About HFRO

Highland Funds I - Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships. The fund seeks to invest in below investment grade securities. It also invests ... [Read more]

Founded 2000
Country United States
Stock Exchange NYSE
Ticker Symbol HFRO
Full Company Profile

News

Highland Opportunities and Income Fund Announces the Regular Monthly Distribution

DALLAS, April 1, 2026 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0385 per...

6 days ago - PRNewsWire

Highland Opportunities and Income Fund Announces Investor Update Call

DALLAS, March 11, 2026 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") announced today that the Fund is scheduled to host a conference call on Wednesday,...

27 days ago - PRNewsWire

Highland Opportunities and Income Fund (HFRO) Announces Addition to Portfolio Management Team

DALLAS , Sept. 9, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced a key addition to its portfolio management team.

7 months ago - PRNewsWire

This Is The Cheapest 8%+ Dividend I've Ever Seen

I know it's easy to get discouraged by the lack of bargains (not to mention the pathetic yields) available to us today, after stocks bounced back from the tariff-driven selloff.

10 months ago - Forbes

Highland Opportunities and Income Fund (HFRO) Provides Details on Results of Oversubscribed Tender and Exchange Offer

DALLAS , March 12, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") today announced the final results of its tender and exchange offer (the "Exchange ...

1 year ago - PRNewsWire

Highland Opportunities and Income Fund (HFRO) Announces Completion of Oversubscribed Tender and Exchange Offer

DALLAS , March 5, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced the successful completion of its tender and exchange offer (the "E...

1 year ago - PRNewsWire

Highland Opportunities and Income Fund (HFRO) Announces Commencement of Tender and Exchange Offer

DALLAS , Feb. 3, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced the commencement of a tender and exchange offer (the "Exchange Offe...

1 year ago - PRNewsWire

Highland Opportunities and Income Fund (HFRO) Announces Tender Offer for Common Shares in Exchange for up to $100 Million in Preferred Shares

DALLAS , Nov. 25, 2024 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") today announced its plan to conduct an issuer tender offer pursuant to Rule 13e-4 u...

1 year ago - PRNewsWire

BlackRock Just Sent These 8%+ Payers Soaring

A couple weeks ago, on May 3, BlackRock BlackRock , the world's largest investment firm, did something that will send a shockwave through our favorite high-yield investments: closed-end funds (CEFs).

Other symbols: BGYBSTBSTZ
2 years ago - Forbes

7 Massive Monthly Dividends Yielding Up To 18%

A safe double-digit yield makes it a lot easier to retire. Today we'll discuss a portfolio that pays 14.1% (that's no typo).

Other symbols: CLMCRFFPFFSCOGOFIGR
2 years ago - Forbes

The 5 Biggest Dividend Bargains Left To Buy Before 2024

Did you miss out? Have cash suddenly burning a hole in your pocket?

Other symbols: GDVKYNMEGINBXG
2 years ago - Forbes

Highland Opportunities and Income Fund Announces Update Call

DALLAS , Aug. 29, 2023 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") announced today that the Fund is scheduled to host a conference call on Tuesday, Se...

2 years ago - PRNewsWire

Highland Income Fund Announces the Regular Monthly Distribution

DALLAS , June 1, 2023 /PRNewswire/ -- The Highland Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of  $0.0770 per share. The distr...

3 years ago - PRNewsWire

This 11% Dividend Is Impossibly Cheap

We can bank 50% more dividends when we look past the popular ETFs.

3 years ago - Forbes

Highland Income Fund Announces Share Repurchase Program, Changes to Fund Name and Investment Objective

DALLAS , May 16, 2023 /PRNewswire/ -- The Highland Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced that the Fund's Board of Trustees (the "Board") approved a repurchase program pursuan...

3 years ago - PRNewsWire

Highland Income Fund Announces Changes to Portfolio Management Team

DALLAS , Jan. 27, 2023 /PRNewswire/ -- The Highland Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced changes to the Fund's portfolio management team, effective January 30, 2023. Scott J...

3 years ago - PRNewsWire

The Best Dividend Stock To Buy Right Now

Brett, the financial media is telling me that interest rates are going to the moon. And that my cheap bonds are about to get even cheaper.

3 years ago - Forbes

3 Unbelievably Cheap High-Yield CEFs

These three little-known funds yield up to 13.5%—and their payouts are actually safer than they've been in years, thanks to the Fed-induced selloff.

Other symbols: NBXGNML
3 years ago - Forbes

Four Discounted Funds Paying Up To 9.8% Dividends

These discounts only exist with CEFs.

Other symbols: HGLBNML
4 years ago - Forbes

Highland Income Fund (HFRO) Provides Update on MGM Investment

DALLAS , March 18, 2022 /PRNewswire/ -- The Highland Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today provided an update on its investment in Metro Goldwyn Mayer, Inc. ("MGM"). On March 17, 2022,...

4 years ago - PRNewsWire

Highland Income Fund (HFRO) Provides Update on Proposal to Convert the Fund to a Diversified Holding Company

Adviser Announces Decision to Withdraw Proposals, Outlines Plans for HFRO Under Current Structure Adviser Announces Decision to Withdraw Proposals, Outlines Plans for HFRO Under Current Structure

4 years ago - GlobeNewsWire

Highland Income Fund (HFRO) Announces Supplement to Proxy Statement, Adjourns Special Meeting of Shareholders to Allow Review of Supplemented Proxy

Special Meeting of Shareholders Adjourned to October 15, 2021, to Allow Shareholders to Review Latest Supplement to Proxy Statement Special Meeting of Shareholders Adjourned to October 15, 2021, to Al...

4 years ago - GlobeNewsWire

Highland Income Fund (HFRO) Announces Adjournment of Special Meeting of Shareholders

Special Meeting of Shareholders Adjourned to September 24, 2021, to Allow Shareholders to Review Recent Updates to Holding Company Conversion Proposal Special Meeting of Shareholders Adjourned to Sept...

5 years ago - GlobeNewsWire

Highland Income Fund (HFRO) Announces Tender Offer as Part of Holding Company Conversion Proposal

HFRO to Purchase Up to $50 Million of Common Shares Under Proposed Tender Offer, Files Proxy Amendment Updating Conversion Proposal with Tender Offer Terms.Adviser Provides Additional Information on C...

5 years ago - GlobeNewsWire

Stockholders of Highland Income Fund Urged to Vote Against Conversion to Holding Company

NEW YORK--(BUSINESS WIRE)--Stockholders of Highland Income Fund Urged to Vote Against Conversion to Holding Company

5 years ago - Business Wire