Highland Global Allocation Fund (HGLB)
| Market Value | 189.01M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 22.86M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.99 (12.01%) |
| Ex-Dividend Date | Mar 24, 2025 |
| Volume | 71,382 |
| Open | 8.25 |
| Previous Close | 8.21 |
| Day's Range | 8.16 - 8.30 |
| 52-Week Range | 6.75 - 8.35 |
| Beta | 1.32 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About HGLB
Highland Global Allocation Fund acts as closed-end investment fund. Its investment objective of the fund is to seek long-term growth of capital and future income. The fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt and money market securities. The company was founded on April 9, 2013 and is headquartered in Dallas, Texas. [Read more]
News
Very Bad News For Closed-End Funds
Closed-end funds offer unique opportunities due to their discount/premium mechanisms, allowing share prices to deviate from net asset value per share in a wild manner. In general, CEFs often provide d...
Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025
The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have se...
Highland Global Allocation Fund Declares Monthly Distributions of $0.088 Per Share
DALLAS , Jan. 2, 2025 /PRNewswire/ -- Highland Global Allocation Fund (NYSE: HGLB) ("the "Fund") today announced the declaration of monthly distributions of $0.088 per share, payable on the dates note...
Highland Global Allocation Fund Declares Monthly Distributions of $0.081 Per Share
DALLAS , Oct. 1, 2024 /PRNewswire/ -- Highland Global Allocation Fund (NYSE: HGLB) ("the "Fund") today announced the declaration of monthly distributions of $0.081 per share, payable on the dates note...
HGLB: Tempting 12.5% Yield, Trading At A Substantial Discount To NAV
Highland Global Allocation Fund offers a monthly dividend with an annual yield of 12.5% at a current market price of $7.80. Managed by James Dondero, HGLB seeks above-average risk-adjusted total retur...
Highland Global Allocation Fund Declares Monthly Distributions of $0.084 Per Share
DALLAS , Oct. 2, 2023 /PRNewswire/ -- Highland Global Allocation Fund (NYSE: HGLB) ("the "Fund") today announced the declaration of monthly distributions of $0.084 per share, payable on the dates note...
Closed-End Fund: April 2023 Check On Valuation
Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experience...
HGLB: High-Yielding Global Balanced CEF Beating The Broader Market
Highland Global Allocation Fund has generated double-digit yield during the past years and has been able to generate a total return much higher than the broader market. The largest bet of HGLB is in a...
HGLB: Global CEF With A 9.4% Yield But High Single Name Concentration
Highland Global Allocation Fund is a multi-asset global allocation CEF. The fund takes very concentrated positions with the top five names representing more than 45% of the CEF.
Four Discounted Funds Paying Up To 9.8% Dividends
These discounts only exist with CEFs.
Highland Global Allocation Fund Declares Monthly Distributions of $0.071 Per Share
DALLAS, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Highland Global Allocation Fund (NYSE: HGLB) (“the “Fund”) today announced the declaration of monthly distributions of $0.071 per share, payable on the dates ...
HGLB Is An Interesting Global Allocation CEF, But Not My Cup Of Tea
The Highland Global Allocation Fund formed in 1998 as an Open-End Fund, but shareholders approved conversion to a Closed-End Fund in early 2019. This affected some of the data available.
86 Monthly Pay Dividend Stocks And 80 Funds Grow In July
Imagine a stock or fund that paid out its dividends once a month! Instead of quarterly, semi-annually or (ugh) annually, your anticipatory angst waiting for money is reduced by 300%.