Welcome to our dedicated page for Highland Opportunities and Income Fund news (Ticker: HFRO), a resource for investors and traders seeking the latest updates and insights on Highland Opportunities and Income Fund stock.
The Highland Opportunities and Income Fund (NYSE: HFRO) is a non-diversified, closed-end management investment company dedicated to capital growth and income generation. Managed by NexPoint Asset Management, L.P., an SEC-registered investment adviser, HFRO offers a diversified portfolio encompassing various industries such as Financial, Communication Services, Energy, Healthcare, and Materials.
HFRO's primary investment objective is to provide investors with both capital appreciation and a sustainable income stream. This dual objective is achieved through a carefully curated mix of equity and debt securities, ensuring a balanced risk-return profile. By investing across different sectors, the Fund aims to mitigate risks associated with market volatility while capitalizing on growth opportunities in various industries.
Recently, HFRO announced a conference call scheduled for July 13, 2023, at 2:00 p.m. ET to discuss portfolio updates and recent performance. Investors and interested parties can register for the event through the Fund's website. This call is an excellent opportunity for stakeholders to gain insights into the Fund's strategic direction and current market positioning.
HFRO is diligent in maintaining transparency with its investors. Regular updates on portfolio performance, market trends, and strategic decisions are readily available on the Fund's official website, offering a clear line of communication between the management team and the investors.
For more detailed information on HFRO's investment strategy, risk factors, and expense ratios, potential investors are encouraged to review the Fund's prospectus available on the NexPoint Asset Management website. It is crucial to understand these aspects before making any investment decisions.
Highland Opportunities and Income Fund (NYSE: HFRO) has declared its regular monthly distribution of $0.0385 per share, payable on February 28, 2025, to shareholders of record as of February 21, 2025. The Fund operates as a closed-end fund focusing on capital growth and income through various investment categories.
The Fund's investment strategy includes direct and indirect investments in real estate-related securities (including REITs, preferred equity, and convertible securities), other instruments (such as loans, corporate bonds, and structured products), and floating rate investments. The Fund maintains a monthly distribution schedule and recently adjusted its monthly distribution rate on January 4, 2024, to better align with its current portfolio and investment objectives.
Highland Opportunities and Income Fund (HFRO) has launched a tender and exchange offer for common shares, exchanging up to $100 million worth for newly issued Series B Preferred Shares. The exchange price is set at $10.00 per Share, offering a premium to current market price. The offer runs from February 3, 2025, to March 4, 2025.
The Series B Preferred Shares received a BBB+ Investment Grade rating from Egan-Jones and will be listed on NYSE with a 5.375% coupon and $25.00 liquidation preference. This initiative is part of HFRO's strategy to address the share price's discount to NAV and enhance shareholder value, alongside other measures including a share repurchase program and enhanced transparency efforts.
If tender requests exceed the $100 million limit, shares will be purchased on a pro rata basis. The Fund will not issue fractional Series B Preferred Shares.
Highland Opportunities and Income Fund (NYSE: HFRO) has declared its regular monthly distribution of $0.0385 per share, payable on January 31, 2025, to shareholders of record as of January 24, 2025. The Fund operates as a closed-end fund focusing on capital growth and income through a diversified investment strategy.
The Fund invests in various securities including those secured by real estate, REITs, preferred equity, convertible securities, and mezzanine debt. Additional investment categories include fixed-rate loans, corporate bonds, distressed securities, structured products, and floating rate investments.
The Fund maintains a monthly distribution schedule and recently adjusted its monthly distribution rate on January 4, 2024, to better align with its current portfolio and investment objectives.
The Highland Opportunities and Income Fund (NYSE: HFRO) has declared its regular monthly distribution of $0.0385 per share, payable on December 31, 2024, to shareholders of record as of December 24, 2024. The Fund, structured as a closed-end fund, aims to provide capital growth and income through investments in real estate-related securities, REITs, fixed-rate loans, corporate bonds, and various other financial instruments. The Fund adjusted its monthly distribution rate on January 4, 2024, to better align with its current portfolio and investment objectives.
Highland Opportunities and Income Fund (NYSE:HFRO) announced a tender offer to exchange common shares for up to $100 million in Series B Preferred Shares. The expected exchange price is $10.00 per Share, representing a premium to the current share price of $5.21. The Series B Preferred Shares will be structured similarly to existing 5.375% Series A Preferred Shares, featuring the same coupon rate and a $25.00 liquidation preference. The tender offer, authorized on November 22, 2024, is expected to commence in January 2025 and aims to narrow the discount to NAV while providing shareholders with fixed dividend opportunities.
Highland Opportunities and Income Fund (HFRO) has scheduled an investor conference call for December 11, 2024, at 4:00 p.m. ET. The call will focus on discussing portfolio updates and recent performance. Investors can register for the call through the Fund's website and may submit questions in advance through the registration link. A replay of the call will be made available on HFRO's website afterward.
Highland Opportunities and Income Fund (NYSE: HFRO) has announced its regular monthly distribution of $0.0385 per share, payable on November 29, 2024, to shareholders of record as of November 22, 2024. The Fund, structured as a closed-end fund, aims to provide capital growth and income through investments in real estate-related securities, various financial instruments, and floating rate investments. The investment portfolio includes REITs, preferred equity, convertible securities, mezzanine debt, structured products, and other diverse financial instruments. The Fund adjusted its monthly distribution rate on January 4, 2024, to better align with its current portfolio and investment objectives.
The Highland Opportunities and Income Fund (NYSE: HFRO) has announced its regular monthly distribution of $0.0385 per share on its common stock. This distribution will be payable on October 31, 2024, to shareholders of record as of October 24, 2024. HFRO is a closed-end fund aiming to provide capital growth and income through various investment strategies, including:
- Real estate-related securities and instruments
- Other instruments like loans, corporate bonds, and structured products
- Floating rate loans and investments
The Fund declares and pays distributions monthly. On January 4, 2024, HFRO adjusted its monthly distribution rate to align with its current portfolio and investment objective.
The Highland Opportunities and Income Fund (NYSE: HFRO) has announced its regular monthly distribution of $0.0385 per share on its common stock. The distribution will be payable on September 30, 2024, to shareholders of record as of September 23, 2024. HFRO is a closed-end fund aiming to provide capital growth and income through investments in various securities, including those secured by real estate, REITs, loans, corporate bonds, and other financial instruments.
The Fund pursues its investment objective through both direct and indirect investments, utilizing derivatives when economically equivalent to direct investments. HFRO declares and pays distributions on a monthly basis. On January 4, 2024, the Fund adjusted its monthly distribution rate to better align with its current portfolio and investment objective.
Highland Opportunities and Income Fund (NYSE: HFRO) has announced an upcoming investor update call scheduled for September 11, 2024, at 4:00 p.m. ET. The conference call aims to discuss portfolio updates and recent performance of the Fund. Investors can register for the call through a provided link or by visiting the Fund's website. Attendees have the opportunity to submit questions in advance through the registration link. For those unable to attend live, a replay of the call will be made available on HFRO's website after the event.
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