Highland Funds I - Highland Income Fund (HFRO)

Market Value	437.18M
Revenue	44.54M
Net Income	83.62M
Shares Out	68.20M
EPS	1.23
PE Ratio	5.25
Forward PE	n/a
Dividend	$0.46 (7.21%)
Ex-Dividend Date	May 23, 2024

Volume	265,057
Open	6.42
Previous Close	6.44
Day's Range	6.38 - 6.51
52-Week Range	5.92 - 9.38
Beta	n/a
Analysts	n/a
Price Target	n/a
Earnings Date	n/a

About HFRO

Highland Funds I - Highland Floating Rate Opportunities 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 inves...

• Industry: Asset Management
• Sector: Financials
• Founded: 2000
• Country: United States
• Stock Exchange: NYSE
• Ticker Symbol: HFRO

Financial Performance

In 2022, HFRO's revenue was $44.54 million, a decrease of -69.60% compared to the previous year's $146.48 million. Earnings were $83.62 million, a decrease of -39.40%.