Highland Funds I - Highland Opportunities and Income Fund (HFRO)
| Market Value | 382.64M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 66.89M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.46 (8.08%) |
| Ex-Dividend Date | Oct 24, 2024 |
| Volume | 271,860 |
| Open | 5.80 |
| Previous Close | 5.81 |
| Day's Range | 5.69 - 5.84 |
| 52-Week Range | 5.69 - 8.93 |
| Beta | 0.80 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/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]
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%.
News
Highland Opportunities and Income Fund Announces the Regular Monthly Distribution
DALLAS , Oct. 1, 2024 /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 pe...
Highland Opportunities and Income Fund Announces Investor Update Call
DALLAS , Aug. 22, 2024 /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,...
HFRO: Discount To NAV Widens To 53% For A 7% Yield
Highland Opportunities and Income Fund trades at a 53% discount to NAV. The recent purchase of QuarterNorth by Talos Energy validated at least some marks on the book as accurate. We look at where the ...
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).
HFRO: Preferred Shares Look More Attractive Than The Commons For This CEF
Highland Opportunities and Income Fund is a $1 billion closed-end fund with a real estate-focused portfolio. The main portfolio manager for the CEF, Mr. James Dondero, is also the founder of NexPoint,...
The Quality Closed-End Fund Report, January 2024
Quantitative screens narrow down attractive closed-end funds for further due diligence and investigation. The "Quality" report focuses on funds with coverage exceeding 100% to lower the risk of distri...
HFRO: 50% Discount To NAV And 50% Distribution Cut
Highland Opportunities and Income Fund provided an opportunity as it cut its income. HFRO fund tanked 16% and widened the discount to NAV to almost 50%. We examine the "why" and give you our take.
HFRO Update: Looks Attractive With A 37% Discount And An 11.6% Distribution Yield
Highland Opportunities and Income Fund is a closed-end fund that invests in various asset classes, including real estate, CLOs, equity, and loans. HFRO pays an 11.59% distribution and trades at a 37% ...
The 5 Biggest Dividend Bargains Left To Buy Before 2024
Did you miss out? Have cash suddenly burning a hole in your pocket?
The 'High-High-Low' Closed-End Fund Report, August 2023
Only funds with yields over 8%, coverage higher than 90%, and trading at a discount are considered. Top lists of discount, yield, DxY, and DxYxZ are given. The top DxYxZ funds from this month's report...
The Chemist's Quality Closed-End Fund Report, August 2023
Quantitative screens narrow down attractive closed-end funds for further investigation. "Quality" report focuses on funds with >100% distribution coverage to lower the risk of distribution cuts. Top l...
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...
HFRO: 40% Discount To NAV And A 11.4% Yield
Daily market opportunities can be enticing, but it's important to question why an opportunity is available in the first place. A fund that has outperformed its benchmarks is trading at a significant d...
The Quality Closed-End Fund Report, July 2023
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are HFRO, PFO and HNW.
The 'High-High-Low' Closed-End Fund Report, May 2023
Only funds with yields over 8%, coverage higher than 90%, and trading at a discount are considered. Top lists of discount, yield, DxY, and DxYxZ are given. The top DxY funds are HFRO, JSD, and JRO.
The Quality Closed-End Fund Report, May 2023
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are HFRO, HNW and BGX.
CEF Weekly Review: Why Are Investors Souring On Loan CEFs?
We review CEF market valuation and performance through the fourth week of May and highlight recent market action. CEFs had another down week - the fourth in a row - as rising Treasury yields and weak ...
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...
Highland Income Fund: This Controversial CEF Has Become More Shareholder-Friendly
HFRO pays an attractive distribution yield and currently trades at more than a 30% discount to NAV. HFRO has been quite controversial in the past, but a new $100 million share repurchase program and r...
This 11% Dividend Is Impossibly Cheap
We can bank 50% more dividends when we look past the popular ETFs.
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...
The 'High-High-Low' Closed-End Fund Report, April 2023
Only funds with yields over 8%, coverage higher than 90%, and trading at a discount are considered. Top lists of discount, yield, DxY, and DxYxZ are given.
The Quality Closed-End Fund Report, April 2023
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given.