Highland Opportunities and Income Fund Announces the Regular Monthly Distribution
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 (NYSE: HFRO) ha dichiarato la sua distribuzione mensile regolare di $0.0385 per azione, che sarà pagata il 28 febbraio 2025, agli azionisti registrati al 21 febbraio 2025. Il Fondo opera come un fondo chiuso focalizzato sulla crescita del capitale e sul reddito attraverso varie categorie di investimento.
La strategia di investimento del Fondo include investimenti diretti e indiretti in titoli legati al settore immobiliare (inclusi REIT, capitale preferito e titoli convertibili), altri strumenti (come prestiti, obbligazioni societarie e prodotti strutturati) e investimenti a tasso variabile. Il Fondo mantiene un programma di distribuzione mensile e ha recentemente adeguato il suo tasso di distribuzione mensile il 4 gennaio 2024, per allinearsi meglio con il suo attuale portafoglio e obiettivi di investimento.
Highland Opportunities and Income Fund (NYSE: HFRO) ha declarado su distribución mensual regular de $0.0385 por acción, que se pagará el 28 de febrero de 2025, a los accionistas registrados al 21 de febrero de 2025. El Fondo opera como un fondo cerrado centrado en el crecimiento de capital y en ingresos a través de varias categorías de inversión.
La estrategia de inversión del Fondo incluye inversiones directas e indirectas en valores relacionados con bienes raíces (incluyendo REITs, acciones preferentes y valores convertibles), otros instrumentos (como préstamos, bonos corporativos y productos estructurados), y inversiones a tasa variable. El Fondo mantiene un programa de distribución mensual y recientemente ajustó su tasa de distribución mensual el 4 de enero de 2024, para alinearse mejor con su cartera actual y objetivos de inversión.
Highland Opportunities and Income Fund (NYSE: HFRO)는 주당 $0.0385의 정기 월 배당금을 선언하였으며, 2025년 2월 28일에 지급될 예정입니다. 배당금 지급 대상 주주는 2025년 2월 21일 기준의 주주입니다. 이 펀드는 자본 성장과 수익을 목표로 다양한 투자 카테고리에 중점을 둔 폐쇄형 펀드로 운영됩니다.
펀드의 투자 전략에는 부동산 관련 증권 (REITs, 우선주 및 전환 가능한 증권 포함), 기타 금융 상품(대출, 회사채 및 구조화 상품 등), 유동 금리 투자 등이 포함됩니다. 이 펀드는 월간 배당금 스케줄을 유지하고 있으며, 2024년 1월 4일에 현재 포트폴리오 및 투자 목표에 더 잘 맞추기 위해 월간 배당금 비율을 최근 조정했습니다.
Highland Opportunities and Income Fund (NYSE: HFRO) a déclaré sa distribution mensuelle régulière de $0.0385 par action, payable le 28 février 2025, aux actionnaires enregistrés au 21 février 2025. Le Fonds fonctionne comme un fonds fermé axé sur la croissance du capital et les revenus à travers diverses catégories d'investissement.
La stratégie d'investissement du Fonds comprend des investissements directs et indirects dans des titres liés à l'immobilier (y compris les REIT, les actions privilégiées et les titres convertibles), d'autres instruments (comme les prêts, les obligations d'entreprise et les produits structurés) et les investissements à taux variable. Le Fonds maintient un calendrier de distribution mensuel et a récemment ajusté son taux de distribution mensuel le 4 janvier 2024 pour mieux s'aligner avec son portefeuille actuel et ses objectifs d'investissement.
Highland Opportunities and Income Fund (NYSE: HFRO) hat seine regelmäßige monatliche Ausschüttung von $0.0385 pro Aktie erklärt, die am 28. Februar 2025 an die Aktionäre ausgezahlt wird, die am 21. Februar 2025 im Aktienregister stehen. Der Fonds operiert als geschlossener Fonds mit einem Fokus auf Kapitalwachstum und Einkommen durch verschiedene Anlagekategorien.
Die Anlagestrategie des Fonds umfasst direkte und indirekte Investitionen in immobilienbezogene Wertpapiere (einschließlich REITs, Vorzugsaktien und wandelbare Wertpapiere), andere Instrumente (wie Darlehen, Unternehmensanleihen und strukturierte Produkte) sowie Investitionen mit variablen Zinsen. Der Fonds verfolgt einen monatlichen Ausschüttungsplan und hat seine monatliche Ausschüttungsquote am 4. Januar 2024 kürzlich angepasst, um besser mit seinem aktuellen Portfolio und den Anlagezielen in Einklang zu stehen.
- Regular monthly dividend distribution maintained at $0.0385 per share
- 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
IR@nexpoint.com
Media Relations
Prosek Partners for NexPoint
Pro-nexpoint@prosek.com
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SOURCE Highland Opportunities and Income Fund
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