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 Income Fund (NYSE: HFRO) has declared a monthly distribution of $0.0770 per share, payable on July 30, 2021, to shareholders of record by July 23, 2021. The Fund, a closed-end entity managed by Highland Capital Management Fund Advisors, focuses on high current income while preserving capital. Investments include floating-rate loans, REITs, and other fixed-income securities. Investors should note that the Fund may involve risks, including credit risk from low-rated securities and the transition from LIBOR, which could influence its performance.
Highland Income Fund (HFRO) announced a significant legal victory, with the 134th Judicial District Court awarding $121 million to Claymore Holdings against Credit Suisse. This judgment stems from fraud committed by Credit Suisse, upheld by the Texas Supreme Court in April 2020. While the award accrues interest during appeal, it will be allocated approximately 82% to HFRO and 18% to NexPoint Strategic Opportunities Fund (NHF). No amount has been recorded in the Funds' net asset values yet, pending ongoing legal proceedings.
The Highland Income Fund (NYSE: HFRO) has announced a proposal to convert from a registered investment company to a diversified holding company aimed at enhancing shareholder value. This change, approved unanimously by the Fund's Board of Trustees, seeks to reposition HFRO in the market and potentially trade at a premium to its net asset value. The proposal includes a buyback program contingent on shareholder approval and aims to maintain the current dividend until January 2022. The Board urges shareholders to vote in favor of the Proposals, noting the potential for superior risk-adjusted returns.
On May 3, 2021, Highland Income Fund (NYSE: HFRO) announced a monthly distribution of $0.0770 per share, payable on May 28, 2021, to shareholders recorded by May 21, 2021. The Fund focuses on providing a high level of current income while preserving capital by investing in floating-rate loans, real estate securities, and various other instruments. It operates as a closed-end fund managed by Highland Capital Management Fund Advisors.
Highland Income Fund (NYSE: HFRO) has declared a regular monthly distribution of $0.0770 per share, payable to shareholders on April 30, 2021. Shareholders must be on record by April 23, 2021. The fund, managed by Highland Capital Management Fund Advisors, L.P., primarily invests in floating-rate loans, real estate-backed securities, and other fixed-income instruments. HFRO aims to provide a high level of current income while preserving capital. The fund transitioned to a closed-end fund in November 2017 and continues to pursue its investment objectives.
Highland Income Fund (NYSE: HFRO) announced a regular monthly distribution of $0.0770 per share, payable on March 31, 2021, to shareholders on record as of March 24, 2021. The Fund, managed by Highland Capital Management Fund Advisors, emphasizes floating-rate loans, real estate securities, and various other investment instruments, aiming for high current income while preserving capital. The Fund has transitioned to a closed-end format since November 2017, trading under the symbol HFRO. Investors should assess the risks and objectives outlined in the Fund's prospectus.
The Highland Income Fund (NYSE: HFRO) has announced a regular monthly distribution of $0.0770 per share, payable on February 26, 2021. Shareholders of record as of February 19, 2021 will receive this distribution. The Fund focuses on providing a high level of current income while preserving capital, primarily investing in floating-rate loans, real estate securities, and other fixed-rate instruments. As a closed-end fund, HFRO trades on the NYSE and aims to deliver consistent returns to its investors.
Highland Income Fund (HFRO) has announced a monthly distribution of $0.0770 per share, payable on January 29, 2021. Shareholders of record as of January 22, 2021 will receive this payment. The Fund focuses on generating high current income while preserving capital, primarily investing in floating-rate loans and real estate securities. It is a closed-end fund managed by Highland Capital Management. Since its conversion from an open-end fund in November 2017, HFRO aims to provide consistent income through monthly payouts.
Highland Income Fund (NYSE: HFRO) announced a monthly distribution of $0.0770 per share, payable on December 31, 2020, to shareholders on record by the close of business on December 22, 2020. The Fund focuses on investments in floating-rate loans, real estate securities, and various other instruments aiming for high current income while preserving capital. It operates as a closed-end fund under Highland Capital Management Fund Advisors, L.P., which emphasizes monthly dividend payments derived from investment income.
The Highland Income Fund (HFRO) announced a monthly distribution of $0.0770 per share payable on November 30, 2020, to shareholders on record by November 23, 2020. The Fund primarily invests in floating-rate loans, real estate securities, and other debt instruments aiming for high current income while preserving capital. As a closed-end fund, it trades under the symbol HFRO and has undergone changes to its investment strategy since its conversion from an open-end fund in 2017.
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