Highland Global Allocation Fund (HGLB)

NYSE: HGLB · Real-Time Price · USD
7.26
-0.03 (-0.41%)
Dec 20, 2024, 4:00 PM EST - Market closed
-0.41%
Market Value 165.93M
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 $0.97 (13.39%)
Ex-Dividend Date Dec 24, 2024
Volume 99,459
Open 7.25
Previous Close 7.29
Day's Range 7.25 - 7.42
52-Week Range 6.75 - 8.36
Beta 1.29
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]

Sector Financials
Founded 1998
Country United States
Stock Exchange NYSE
Ticker Symbol HGLB
Full Company Profile

News

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...

2 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

Closed-End Funds: Revisiting Valuations As We End Q3 2023

Closed-End Funds: Revisiting Valuations As We End Q3 2023

1 year ago - Seeking Alpha

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...

1 year ago - PRNewsWire

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...

Other symbols: BCVDMADMODNPECATECCEOS
1 year ago - Seeking Alpha

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...

2 years ago - Seeking Alpha

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.

2 years ago - Seeking Alpha

Four Discounted Funds Paying Up To 9.8% Dividends

These discounts only exist with CEFs.

Other symbols: HFRONML
2 years ago - Forbes

Weekly Closed-End Fund Roundup: November 7, 2021

21 out of 24 CEF sectors positive on price and 22 out of 24 sectors positive on NAV last week. US equity leads while emerging market income lags.

Other symbols: ASGBHVCIFCPZCXECXHDMB
3 years ago - Seeking Alpha

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 ...

3 years ago - GlobeNewsWire

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.

3 years ago - Seeking Alpha

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%.

Other symbols: AGNCARRCRTDXEFCFCTGLDI
3 years ago - Seeking Alpha