Highland Opportunities and Income Fund Announces the Regular Monthly Distribution
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 August 30, 2024, to shareholders of record as of August 23, 2024. HFRO is a closed-end fund aiming to provide capital growth and income through various investment strategies, including:
- Real estate-related securities
- Fixed-rate loans and corporate bonds
- Structured products
- Floating rate investments
The Fund declares and pays distributions monthly, with a recent adjustment to the distribution rate on January 4, 2024, to align with its current portfolio and investment objective.
Il Highland Opportunities and Income Fund (NYSE: HFRO) ha annunciato la sua distribuzione mensile regolare di $0.0385 per azione sulle sue azioni ordinarie. Questa distribuzione sarà pagabile il 30 agosto 2024, agli azionisti registrati alla data del 23 agosto 2024. HFRO è un fondo chiuso che mira a fornire crescita di capitale e reddito attraverso varie strategie di investimento, tra cui:
- Titoli legati al mercato immobiliare
- Prestiti a tasso fisso e obbligazioni aziendali
- Prodotti strutturati
- Investimenti a tasso variabile
Il Fondo dichiara e paga distribuzioni mensilmente, con un recente adeguamento del tasso di distribuzione avvenuto il 4 gennaio 2024, per allinearsi al suo attuale portafoglio e obiettivo d'investimento.
El Highland Opportunities and Income Fund (NYSE: HFRO) ha anunciado su distribución mensual regular de $0.0385 por acción sobre sus acciones ordinarias. Esta distribución se pagará el 30 de agosto de 2024, a los accionistas registrados a partir del 23 de agosto de 2024. HFRO es un fondo cerrado que busca proporcionar crecimiento de capital e ingresos a través de diversas estrategias de inversión, incluyendo:
- Títulos relacionados con bienes raíces
- Préstamos a tasa fija y bonos corporativos
- Productos estructurados
- Inversiones a tasa flotante
El Fondo declara y paga distribuciones mensualmente, con un reciente ajuste en la tasa de distribución realizado el 4 de enero de 2024, para alinearse con su cartera actual y objetivo de inversión.
하이랜드 기회 및 소득 펀드(NYSE: HFRO)는 일반 주식에 대한 정기 월 배당금 $0.0385를 발표했습니다. 이 배당금은 2024년 8월 30일에 지급되며, 2024년 8월 23일 기준 주주에게 지급됩니다. HFRO는 폐쇄형 펀드로, 여러 투자 전략을 통해 자본 성장 및 수입을 제공하는 것을 목표로 합니다. 포함되는 전략은 다음과 같습니다:
- 부동산 관련 증권
- 고정 금리 대출 및 회사채
- 구조화 상품
- 변동 금리 투자
펀드는 매달 배당금을 선언 및 지급하며, 2024년 1월 4일에 배당금 비율을 조정하여 현재 포트폴리오 및 투자 목표에 맞췄습니다.
Le Highland Opportunities and Income Fund (NYSE: HFRO) a annoncé sa distribution mensuelle régulière de 0,0385 $ par action sur ses actions ordinaires. Cette distribution sera payable le 30 août 2024 aux actionnaires enregistrés au 23 août 2024. HFRO est un fonds fermé visant à fournir une croissance du capital et des revenus par le biais de diverses stratégies d'investissement, notamment :
- Valeurs mobilières liées à l'immobilier
- Prêts à taux fixe et obligations d'entreprises
- Produits structurés
- Investissements à taux variable
Le Fonds déclare et paie des distributions mensuellement, avec un ajustement récent du taux de distribution le 4 janvier 2024, pour s'aligner sur son portefeuille actuel et ses objectifs d'investissement.
Der Highland Opportunities and Income Fund (NYSE: HFRO) hat seine regelmäßige monatliche Ausschüttung von 0,0385 $ pro Aktie für seine Stammaktien bekannt gegeben. Diese Ausschüttung wird am 30. August 2024 an Aktionäre ausgezahlt, die am 23. August 2024 im Aktienregister stehen. HFRO ist ein geschlossener Fonds, der Kapitalwachstum und Einkommen durch verschiedene Anlagestrategien anstrebt, darunter:
- Immobilienbezogene Wertpapiere
- Feste Zinssätze, Kredite und Unternehmensanleihen
- Strukturierte Produkte
- Flyer-Finanzierungsprodukte
Der Fonds erklärt und zahlt monatlich Ausschüttungen, mit einer jüngsten Anpassung des Ausschüttungssatzes am 4. Januar 2024, um sich an sein aktuelles Portfolio und Anlageziel anzupassen.
- Regular monthly distribution maintained at $0.0385 per share
- Diversified investment strategy across multiple asset classes
- Adjusted distribution rate to align with current portfolio and investment objective
- None.
The Fund is a closed-end fund that seeks to provide growth of capital along with income in a registered fund format. The Fund pursues its investment objective by investing directly and indirectly (e.g., through derivatives that are the economic equivalent of direct investments) in the following categories of securities and instruments: (i) investments in securities or other instruments directly or indirectly secured by real estate, including real estate investment trusts ("REITs"), preferred equity, securities convertible into equity securities and mezzanine debt; (ii) other instruments, including, but not limited to, secured and unsecured fixed-rate loans and corporate bonds, distressed securities, mezzanine securities, structured products (including but not limited to mortgage-backed securities, collateralized loan obligations and asset-backed securities), convertible and preferred securities, equities (public and private), and futures and options; and (iii) floating rate loans and other securities deemed to be floating rate investments.
The Fund declares and pays distributions monthly.
On January 4, 2024, the Fund adjusted the monthly distribution rate to align the distribution with the Fund's current portfolio and investment objective. Additional information on the distribution can be found on the Fund's website at http://www.nexpointassetmgmt.com/opportunities-income-fund.
About the Highland Opportunities and Income Fund
The Highland Opportunities and Income Fund (NYSE: HFRO) is a closed-end fund managed by NexPoint Asset Management, L.P. For more information visit nexpointassetmgmt.com/opportunities-income-fund.
Effective June 15, 2023, the Fund changed its name to the Highland Opportunities and Income Fund to reflect a new investment objective. Under the modified investment objective, the Fund will pursue growth of capital along with income. More information can be found in the press release announcing the changes, issued on May 16, 2023.
About NexPoint Asset Management, L.P.
NexPoint Asset Management, L.P. is an SEC-registered investment adviser. It is the adviser to a suite of registered funds, including open-end mutual funds, closed-end funds, and an exchange-traded fund. For more information visit nexpointassetmgmt.com.
Investors should consider the investment objectives, risks, charges, and expenses of the Highland Opportunities and Income Fund carefully before investing. This and other information can be found in the Fund's prospectus, which may be obtained by calling 1-800-357-9167 or visiting nexpointassetmgmt.com. Please read the prospectus carefully before you invest.
The distribution may include a return of capital. Please refer to the 19(a)-1 Source of Distribution Notice on the NexPoint Asset Management website for Section 19 notices that provide estimated amounts and sources of the Fund's distributions, which should not be relied upon for tax reporting purposes.
No assurance can be given that the Fund will achieve its investment objectives.
Shares of closed-end investment companies frequently trade at a discount to net asset value. The price of the Fund's shares is determined by a number of factors, several of which are beyond the control of the Fund. Therefore, the Fund cannot predict whether its shares will trade at, below or above net asset value. Past performance does not guarantee future results.
Closed-End Fund Risk. The Fund is a closed-end investment company designed primarily for long-term investors and not as a trading vehicle. No assurance can be given that a shareholder will be able to sell his or her shares on the NYSE when he or she chooses to do so, and no assurance can be given as to the price at which any such sale may be affected.
Credit Risk. The Fund may invest all or substantially all of its assets in Senior Loans or other securities that are rated below investment grade and unrated Senior Loans deemed by NexPoint to be of comparable quality. Securities rated below investment grade are commonly referred to as "high yield securities" or "junk securities." They are regarded as predominantly speculative with respect to the issuing company's continuing ability to meet principal and interest payments. Non-payment of scheduled interest and/or principal would result in a reduction of income to the Fund, a reduction in the value of the Senior Loan experiencing non-payment and a potential decrease in the NAV of the Fund. Investments in high yield Senior Loans and other securities may result in greater NAV fluctuation than if the Fund did not make such investments.
Real Estate Industry Risk: Issuers principally engaged in real estate industry, including real estate investment trusts, may be subject to risks similar to the risks associated with the direct ownership of real estate, including: (i) changes in general economic and market conditions; (ii) changes in the value of real estate properties; (iii) risks related to local economic conditions, overbuilding and increased competition; (iv) increases in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal of property to tenants; (viii) the availability of financing and (ix) changes in interest rates and leverage.
Illiquidity of Investments Risk. The investments made by the Fund may be illiquid, and consequently the Fund may not be able to sell such investments at prices that reflect the Investment Adviser's assessment of their value or the amount originally paid for such investments by the Fund.
Ongoing Monitoring Risk. On behalf of the several Lenders, the Agent generally will be required to administer and manage the Senior Loans and, with respect to collateralized Senior Loans, to service or monitor the collateral. Financial difficulties of Agents can pose a risk to the Fund.
CONTACTS
Investor Relations
Kristen Thomas
Media Relations
Prosek Partners for NexPoint
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SOURCE Highland Opportunities and Income Fund
FAQ
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