Highland Opportunities and Income Ord Stock Price, News & Analysis

Highland Opportunities and Income Fund (NYSE: HFRO) has declared its regular monthly distribution of $0.0385 per share, payable on June 30, 2025, to shareholders of record as of June 23, 2025. The Fund operates as a closed-end fund focused on capital growth and income generation through diverse investments including real estate-backed securities, REITs, fixed-rate loans, corporate bonds, distressed securities, structured products, convertible securities, and floating rate investments. The Fund maintains a monthly distribution schedule and employs both direct and indirect investment strategies through derivatives to achieve its investment objectives.

The Highland Opportunities and Income Fund (NYSE: HFRO) has declared its regular monthly distribution of $0.0385 per share, payable on May 30, 2025, to shareholders of record as of May 23, 2025. HFRO is a closed-end fund focused on capital growth and income generation through diverse investments including real estate-backed securities, REITs, fixed-rate loans, corporate bonds, and various other financial instruments. The fund's investment strategy encompasses direct and indirect investments across multiple sectors, including securities convertible into equity, mezzanine debt, structured products, and floating rate investments. The fund maintains a monthly distribution schedule.

Highland Opportunities and Income Fund (NYSE: HFRO) has declared its regular monthly distribution of $0.0385 per share, payable on April 30, 2025, to shareholders of record as of April 23, 2025.

The closed-end fund aims to provide capital growth and income through a diversified investment strategy. HFRO invests in multiple securities categories including:

• Real estate-backed securities, REITs, preferred equity, and mezzanine debt
• Fixed-rate loans, corporate bonds, distressed securities, structured products, and convertible securities
• Floating rate loans and related investments

Highland Opportunities and Income Fund (HFRO) has announced the final results of its oversubscribed tender and exchange offer. The Fund will exchange 10,000,000 Common Shares for newly issued 5.375% Series B Preferred Shares, with an aggregate liquidation preference of approximately $100 million.

Due to high demand, with 21,673,105 Common Shares properly tendered, the exchange will be conducted on a pro rata basis with a proration factor of 46.14096%. Unaccepted shares will be returned to tendering shareholders. The settlement is scheduled for March 13th, 2025.

Highland Opportunities and Income Fund (HFRO) has announced the results of its oversubscribed tender and exchange offer. The Fund will exchange 10 million common shares for newly issued 5.375% Series B Preferred Shares with an aggregate liquidation preference of approximately $100 million.

The exchange offer received a total of 21,673,105 common shares properly tendered. Due to oversubscription, HFRO will implement a proration factor of approximately 46.140199% for accepting common shares, with distribution occurring on a pro-rata basis. Any unaccepted common shares will be returned to the tendering shareholders.

Highland Opportunities and Income Fund (HFRO) has successfully completed its oversubscribed tender and exchange offer, where common shares were exchanged for newly issued 5.375% Series B Preferred Shares. The Fund will exchange 10,000,000 Common Shares for Preferred Shares with an aggregate liquidation preference of approximately $100 million.

The Preferred Shares, rated BBB+ by Egan-Jones, will be listed on the NYSE with a liquidation preference of $25.00 per share. Shareholders will receive cumulative dividends at a 5.375% annual rate, payable quarterly starting March 31, 2025. Due to oversubscription, shares will be exchanged on a pro rata basis, with unaccepted shares returned to tendering shareholders.

Highland Opportunities and Income Fund (NYSE: HFRO) has declared its regular monthly distribution of $0.0385 per share, payable on March 31, 2025, to shareholders of record as of March 24, 2025.

The closed-end fund aims to provide capital growth and income through a diversified investment strategy. HFRO invests in multiple securities categories including:

• Real estate-backed securities, REITs, preferred equity, and mezzanine debt
• Fixed-rate loans, corporate bonds, distressed securities, structured products, and convertible securities
• Floating rate loans and related investments

Highland Opportunities and Income Fund (NYSE:HFRO) has scheduled an investor conference call for March 26, 2025, at 4:00 p.m. ET. The call will focus on discussing portfolio updates and recent performance of the Fund. Investors can register for the call through the provided link or by visiting the Highland Opportunities and Income Fund Website. Participants have the opportunity to submit questions in advance through the registration link, and a replay of the call will be made available on HFRO's website afterward.

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.