Welcome to our dedicated page for Highland Global Allocation Fund news (Ticker: HGLB), a resource for investors and traders seeking the latest updates and insights on Highland Global Allocation Fund stock.
Highland Global Allocation Fund (NYSE: HGLB) is a closed-end fund in the asset management industry that seeks long-term growth of capital and future income through a global, multi-asset investment approach. Public communications describe the fund as investing in U.S. and foreign equity, debt, and money market securities, with the ability to invest in senior loans to various entities across industries and regions. The fund is managed by NexPoint Asset Management, L.P., an SEC-registered investment adviser that oversees a suite of registered funds.
This news page focuses on official announcements and updates related to Highland Global Allocation Fund. Readers can find recurring disclosures about the fund’s level distribution policy, under which the Board of Trustees approved monthly distributions at a constant and fixed (but not guaranteed) rate that is periodically reset based on the fund’s net asset value per share. News items detail declared monthly distribution amounts, ex-dates, record dates, and payable dates, along with explanations of how the level distribution policy operates and the circumstances under which distributions may include return of capital.
In addition to distribution announcements, the fund’s news releases may cover portfolio management updates and notable portfolio developments. For example, one announcement describes the addition of a portfolio manager and discusses a change in the fund’s net asset value associated with an investment in a data center real estate investment trust that transitioned from a convertible preferred equity position to common stock following a public listing.
Investors and observers can use this page to review the fund’s historical communications about distributions, policy changes, portfolio management updates, and other official statements. For a full understanding of risks, objectives, and fees, the fund’s news releases repeatedly direct readers to the prospectus and related materials.
Highland Global Allocation Fund (NYSE:HGLB) declared monthly distributions of $0.085 per share, payable for January through March 2026. Under the Fund's level distribution policy, the annual distribution rate was reset to an amount equal to 8.5% of the average NAV per share calculated from the final five trading days of the 2025 calendar year.
The Fund listed ex‑date, record date and payable date for each distribution: January 23, 2026 (payable Jan 30), February 20, 2026 (payable Feb 27) and March 24, 2026 (payable Mar 31).
Highland Global Allocation Fund (NYSE: HGLB) named Scott Johnson as a portfolio manager effective October 7, 2025, joining existing manager James Dondero.
On October 1, 2025 the Fund's net asset value rose 18.86% ($2.24), driven primarily by an investment in a data center REIT that converted from convertible preferred to common stock and listed on Nasdaq under ticker FRMI. The position was not large by weight but had an outsized impact on NAV following the IPO. The Fund will continue to follow its stated investment objective and strategies.
Highland Global Allocation Fund (NYSE:HGLB) has declared monthly distributions of $0.088 per share for October through December 2025. The distribution amount is based on the Fund's level distribution policy, which sets the annual distribution rate at 8.5% of the average NAV per share from the final five trading days of 2024.
The distributions will be payable on October 31, November 28, and December 31, 2025, with corresponding ex-dates and record dates set for October 24, November 21, and December 24, 2025, respectively.
Highland Global Allocation Fund (NYSE: HGLB) has declared monthly distributions of $0.088 per share for July through September 2025. The distribution amount is based on the Fund's level distribution policy, which has been reset to 8.5% of the average NAV per share, calculated using the final five trading days of 2024.
The distributions will be paid on July 31, August 29, and September 30, 2025, with corresponding ex-dates and record dates set for July 24, August 22, and September 23, 2025, respectively.
Highland Global Allocation Fund (NYSE: HGLB) has announced monthly distributions of $0.088 per share for April through June 2025. The Fund's level distribution policy has been reset to an annual distribution rate of 8.5% of the average NAV per share, calculated based on the final five trading days of 2024.
The distributions will be payable on the following dates:
- April: Ex-Date and Record Date - April 23, 2025; Payable Date - April 30, 2025
- May: Ex-Date and Record Date - May 23, 2025; Payable Date - May 30, 2025
- June: Ex-Date and Record Date - June 23, 2025; Payable Date - June 30, 2025
Highland Global Allocation Fund (NYSE: HGLB) has announced monthly distributions of $0.088 per share for January through March 2025. The distributions are part of the Fund's level distribution policy, with the annual distribution rate reset to 8.5% of the average NAV per share, calculated based on the final five trading days of 2024.
The distributions will be payable on January 31, February 28, and March 31, 2025, with corresponding ex-dates and record dates of January 24, February 21, and March 24, 2025, respectively.
Highland Global Allocation Fund (NYSE: HGLB) has declared monthly distributions of $0.081 per share for October through December 2024. This declaration aligns with the Fund's level distribution policy, which has reset the annual distribution rate to 8.5% of the average NAV per share, based on the final five trading days of 2023. The distributions will be payable on October 31, November 29, and December 31, 2024, with corresponding ex-dates and record dates set for each month.
Highland Global Allocation Fund (NYSE: HGLB) announced monthly distributions of $0.081 per share for July through September 2024. The annual distribution rate is set at 8.5% of the average NAV per share from the final five trading days of 2023. The distribution dates are as follows: Ex-Dates on July 23, August 22, and September 20; Record Dates on July 24, August 23, and September 23; Payable Dates on July 31, August 30, and September 30, 2024. These distributions reflect the Fund’s commitment to providing consistent returns to its shareholders.
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