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.
Highland Opportunities and Income Fund reports recurring closed-end fund developments for its NYSE-listed common shares and preferred shares. The fund seeks growth of capital along with income in a registered fund format and is managed by NexPoint Asset Management, L.P.
Company news commonly covers regular monthly common-share distributions, investor update calls, portfolio commentary, recent performance, and disclosures related to closed-end fund trading relative to net asset value. The fund’s stated investment categories include real estate-related securities and instruments, REITs, preferred equity, mezzanine debt, fixed-rate and floating-rate loans, corporate bonds, distressed securities, structured products, convertibles, public and private equities, futures, and options.
Highland Capital Management Fund Advisors has updated the portfolio management team for the Highland Income Fund (NYSE: HFRO) as of September 22, 2020. Joseph Sowin joins the team, overseeing investment activities alongside James Dondero. Jon Poglitsch has resigned from his role as portfolio manager. Sowin has been with Highland since 2010 and serves as co-chief investment officer, managing trading and investment operations. The Highland Income Fund aims to provide high current income while preserving capital.
Highland Income Fund (NYSE: HFRO) announced a monthly dividend of $0.0770 per share, payable on September 30, 2020, to shareholders on record as of September 22, 2020. The Fund aims to provide high current income while preserving capital, investing primarily in floating-rate loans, real estate securities, and various other instruments. Since its conversion to a closed-end fund in November 2017, HFRO has been managed by Highland Capital Management Fund Advisors, L.P. The Fund's investment approach includes high-yield credit and distressed securities, with an emphasis on long-term investment strategy.
Highland Income Fund (NYSE: HFRO) announced a monthly distribution of $0.0770 per share, payable on August 31, 2020, to shareholders recorded by August 25, 2020. The Fund is a closed-end investment company managed by Highland Capital Management Fund Advisors, focusing on high current income while preserving capital. HFRO invests in floating-rate loans, real estate securities, and other fixed-income instruments. Investors should consider risks associated with high-yield investments, including credit and liquidity risks.