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.
The Highland Income Fund (NYSE: HFRO) has announced a regular monthly distribution of $0.0770 per share, payable on May 31, 2022, to shareholders on record by May 24, 2022. The Fund, managed by Highland Capital Management Fund Advisors, focuses on floating-rate loans and securities backed by real estate. Its objective is to provide high current income while preserving capital. As a closed-end fund, it may trade at a discount to its net asset value, and investment carries risks including credit and liquidity risks.
Highland Income Fund (NYSE: HFRO) announced a regular monthly distribution of $0.0770 per share, payable on April 29, 2022, to shareholders recorded by April 22, 2022. The Fund, managed by Highland Capital Management Fund Advisors, focuses primarily on floating-rate loans, real estate-related securities, and various fixed and convertible instruments. Its objective is to provide high current income while preserving capital. Notably, the Fund also carries risks associated with credit quality, liquidity, and real estate investments.
Highland Income Fund (NYSE: HFRO) announced it received $73,284,758 in cash following Amazon's acquisition of Metro Goldwyn Mayer, Inc. (MGM) on March 17, 2022. The Fund expects to receive an additional $45 million from indirect investments, totaling over $118 million from the MGM transaction. HFRO's investment, which transitioned from debt to equity after MGM's bankruptcy in 2010, generated a return of nearly 6x the original investment based on an average cost of $24.59/share.
Highland Income Fund (NYSE: HFRO) announced a monthly distribution of $0.0770 per share, payable on March 31, 2022, to shareholders of record as of March 24, 2022. The Fund, managed by Highland Capital Management Fund Advisors, L.P., primarily invests in floating-rate loans, securities secured by real estate, and other fixed-rate instruments, aiming for high current income while preserving capital. The Fund operates as a closed-end investment company, which may trade at a discount to net asset value.
Highland Income Fund (NYSE: HFRO) announced a monthly distribution of $0.0770 per share, payable on February 28, 2022 to shareholders on record as of February 18, 2022. The Fund focuses on investments in floating-rate loans, real estate-related securities, and fixed-rate loans among others, aiming to provide a high level of current income while preserving capital. The Fund is managed by Highland Capital Management Fund Advisors, L.P. Investors are advised to consider the investment risks and refer to the Fund's prospectus before investing.
The Highland Income Fund (NYSE: HFRO) has announced a monthly distribution of $0.0770 per share, payable on January 31, 2022, for shareholders on record by January 24, 2022. The Fund, managed by Highland Capital Management Fund Advisors, invests mainly in floating-rate loans and real estate-backed securities, aiming to balance high current income with capital preservation. Investors should be cautious as the distribution might include a return of capital, and investments may be subject to various risks, such as credit and liquidity risks.
Highland Income Fund (NYSE: HFRO) announced a regular monthly distribution of $0.0770 per share, payable on December 31, 2021, to shareholders of record by December 23, 2021. The Fund, managed by Highland Capital Management Fund Advisors, L.P., focuses on high-yield investments in floating-rate loans, real estate securities, and various corporate bonds. The Fund aims to provide significant current income while preserving capital. Investors should note that this distribution may include a return of capital, and the Fund’s shares may trade at a discount to net asset value.
Highland Income Fund (NYSE: HFRO) announced a monthly distribution of $0.0770 per share, payable on November 30, 2021, to shareholders of record by November 23, 2021. Managed by Highland Capital Management Fund Advisors, L.P., the Fund focuses on generating high current income while preserving capital, investing primarily in floating-rate loans, real estate securities, and other instruments. The Fund regularly pays out distributions of investment income on a monthly basis.
Highland Income Fund (HFRO) announces decision to withdraw proposals to convert into a diversified holding company.
The special meeting of shareholders scheduled for October 15, 2021, has been canceled.
Despite this, the Adviser aims to enhance shareholder value through a $40 million share buyback over the next six months and improve communication regarding the Fund's strategy. Both the Adviser and the Board believe the current structure can effectively pursue investment strategies. They will also review shareholder feedback for possible future enhancements.
Highland Income Fund (NYSE: HFRO) has declared a regular monthly distribution of $0.0770 per share, payable on October 29, 2021, to shareholders of record by October 22, 2021. The fund, managed by Highland Capital Management Fund Advisors, primarily invests in floating-rate loans, real estate-backed securities, and other fixed-rate instruments. Its objective is to provide a high level of income while preserving capital. Investors should assess risks related to investment objectives and expenses before investing, as the fund's performance may fluctuate and shares may trade at a discount.
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