Highland Global Allocation Fund Declares Monthly Distributions of $0.088 Per Share
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) ha annunciato distribuzioni mensili di 0,088 USD per azione per ottobre-dicembre 2025. L'importo della distribuzione si basa sulla politica di distribuzione costante del fondo, che fissa il tasso annuo di distribuzione all'8,5% della media del NAV per azione degli ultimi cinque giorni di negoziazione del 2024.
Le distribuzioni saranno pagate il 31 ottobre, 28 novembre e 31 dicembre 2025, con le corrispondenti date ex-dividendo e date di registrazione fissate rispettivamente al 24 ottobre, 21 novembre e 24 dicembre 2025.
Highland Global Allocation Fund (NYSE:HGLB) ha anunciado distribuciones mensuales de 0,088 USD por acción para octubre a diciembre de 2025. El monto de la distribución se basa en la política de distribución constante del fondo, que fija la tasa de distribución anual en el 8,5% de la media del NAV por acción de los últimos cinco días de negociación de 2024.
Las distribuciones se pagarán el 31 de octubre, 28 de noviembre y 31 de diciembre de 2025, con las fechas ex-dividendo y de registro correspondientes fijadas, respectivamente, al 24 de octubre, 21 de noviembre y 24 de diciembre de 2025.
Highland Global Allocation Fund (NYSE:HGLB)는 2025년 10월부터 12월까지 주당 0.088 USD의 월간 배당을 발표했습니다. 배당 금액은 펀드의 고정 배당 정책에 따라 연간 배당률을 2024년 마지막 다섯 거래일의 주당 평균 NAV의 8.5%로 설정합니다.
배당은 2025년 10월 31일, 11월 28일, 12월 31일에 지급되며, 해당하는 배당락일과 기록일은 각각 2025년 10월 24일, 11월 21일, 12월 24일로 설정됩니다.
Highland Global Allocation Fund (NYSE:HGLB) a déclaré des distributions mensuelles de 0,088 USD par action pour octobre à décembre 2025. Le montant de la distribution est basé sur la politique de distribution constante du fonds, qui fixe le taux de distribution annuel à 8,5% de la moyenne du NAV par action des cinq derniers jours de négociation de 2024.
Les distributions seront versées les 31 octobre, 28 novembre et 31 décembre 2025, les dates ex-dividende et d'enregistrement correspondantes étant respectivement fixées au 24 octobre, 21 novembre et 24 décembre 2025.
Highland Global Allocation Fund (NYSE:HGLB) hat monatliche Ausschüttungen von 0,088 USD pro Aktie für Oktober bis Dezember 2025 angekündigt. Der Ausschüttungsbetrag basiert auf der vom Fonds festgelegten konstanten Ausschüttungspolitik, die die jährliche Ausschüttungsrate auf 8,5% des durchschnittlichen NAV pro Aktie der letzten fünf Handelstage von 2024 festlegt.
Die Ausschüttungen erfolgen am 31. Oktober, 28. November und 31. Dezember 2025, wobei die entsprechenden Ex-Dividenden- und Registerdaten jeweils auf den 24. Oktober, 21. November und 24. Dezember 2025 festgelegt sind.
Highland Global Allocation Fund (NYSE:HGLB) أعلَن عن توزيعات شهرية قدرها 0.088 دولار للسهم للفترة من أكتوبر إلى ديسمبر 2025. يعتمد مقدار التوزيع على سياسة التوزيع الثابت للصندوق، والتي تحدد معدل التوزيع السنوي عند 8.5% من متوسط NAV للسهم خلال آخر خمسة أيام تداول في 2024.
سيتم سداد التوزيعات في 31 أكتوبر، و28 نوفمبر، و31 ديسمبر من 2025، مع تواريخ ما قبل التوزيع وتواريخ التسجيل المقابلة المحددة على التوالي في 24 أكتوبر، 21 نوفمبر، و24 ديسمبر 2025.
Highland Global Allocation Fund (NYSE:HGLB) 已宣布自 2025 年 10 月至 12 月每股分红 0.088 美元。分红金额基于基金的固定分红政策，将年度分红率设定为 8.5%，以 2024 年最后五个交易日的每股平均净值（NAV）为基准。
分红将于 2025 年 10 月 31 日、11 月 28 日和 12 月 31 日发放，相应的除息日和记账日分别定于 2025 年 10 月 24 日、11 月 21 日和 12 月 24 日。
- Monthly distribution of $0.088 per share provides steady income for investors
- Distribution policy based on 8.5% of average NAV ensures alignment with fund performance
- None.
The following dates apply to the distributions declared:
Ex-Date | Payable Date | |
October 24, 2025 | October 24, 2025 | October 31, 2025 |
November 21, 2025 | November 21, 2025 | November 28, 2025 |
December 24, 2025 | December 24, 2025 | December 31, 2025 |
About the Level Distribution Policy
In March 2019, the Fund's Board of Trustees (the "Board") approved a level distribution policy (the "Level Distribution Policy") under which the Fund makes monthly distributions to stockholders at a constant and fixed (but not guaranteed) rate that will reset annually to a rate calculated based on the average of the Fund's NAV per share (the "Distribution Amount"), as reported for the final five trading days of the month preceding the announcement of distributions. The Distribution Amount applicable to Q4 2025 was reset based upon the results of the distribution rate calculation. The Distribution Amount applicable for future periods may be reset based upon the results of the distribution rate calculation.
There can be no guarantee that the Level Distribution Policy will be successful in its goals. The Fund's ability to maintain a stable level of distributions to shareholders will depend on a number of factors, including changes in the financial market, market interest rates, and performance of overall equity and fixed-income markets. As portfolio and market conditions change, the ability of the Fund to continue to make distributions in accordance with the Level Distribution Policy may be affected.
Shareholders have the option of reinvesting distributions in additional common shares through the Fund's Dividend Reinvestment Plan, or electing to receive cash by contacting AST, their financial adviser or their brokerage firm. Shareholders who wish to receive their distribution in cash must opt out of the Fund's Dividend Reinvestment Plan. For further information, shareholders should carefully read the description of the Dividend Reinvestment Plan in the prospectus.
The Board may amend the Level Distribution Policy, the Distribution Amount or distribution intervals, or the Fund may cease distributions entirely, at any time, without prior notice to shareholders. The announcement of, amendment to, or later termination of this Level Distribution Policy may have an adverse effect on the market price of the Fund's shares of common stock.
The Fund may at times, in its discretion, pay out less than the entire amount of net investment income earned in any particular period and may at times pay out such accumulated undistributed income in addition to net investment income earned in other periods in order to permit the Fund to maintain a stable level of distributions. As a result, the dividend paid by the Fund to shareholders for any particular period may be more or less than the amount of net investment income earned by the Fund during such period. The Fund intends to distribute all realized net long-term capital gains, if any, no more than once every twelve months.
To the extent that sufficient investment income is not available on a monthly basis, the Fund's distributions may consist of return of capital in order to maintain the distribution amount. A return of capital occurs when some or all of the money that shareholders invested in the Fund is paid back to them. A return of capital does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income.' Any such returns of capital will decrease the Fund's total assets and, therefore, could have the effect of increasing the Fund's expense ratio. In addition, the Level Distribution Policy may require the Fund to sell its portfolio securities at a less than opportune time to meet the distribution amount.
Shareholders should not make any conclusions about the Fund's investment performance from the amount of the Fund's distributions or the Fund's Level Distribution Policy. With each distribution that does not consist solely of net investment income, the Fund will issue a notice to shareholders that will provide detailed information regarding the amount and composition of the distribution and other related information. The amounts and sources of distributions reported in the notice to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax reporting purposes will depend upon the Fund's investment experience during its full fiscal year and may be subject to changes based on tax regulations. The Fund will send individual shareholders a Form 1099-DIV for each calendar year that will tell them how to report these distributions for federal income tax purposes. Please consult your tax advisor about any tax implications applicable to you in light of your particular circumstances.
About the Highland Global Allocation Fund
The Highland Global Allocation Fund ("HGLB") (NYSE: HGLB) is a closed-end fund managed by NexPoint Asset Management, L.P. For more information visit www.nexpointassetmgmt.com/global-allocation-fund.
About NexPoint Asset Management, L.P.
NexPoint Asset Management, L.P. is an SEC-registered investment adviser. It is the adviser to a suite of registered open-end funds and closed-end funds. For more information visit nexpointassetmgmt.com.
The distribution may include a return of capital. Please refer to the 19(a)-1 Source of Distribution Notice on the NexPoint Funds website for Section 19 notices that provide estimated amounts and sources of the fund's distributions, which should not be relied upon for tax reporting purposes.
No assurance can be given that the Fund will achieve its investment objectives.
Shares of closed-end investment companies frequently trade at a discount to net asset value. The price of the Fund's shares is determined by a number of factors, several of which are beyond the control of the Fund. Therefore, the Fund cannot predict whether its shares will trade at, below or above net asset value. Past performance does not guarantee future results.
Investors should consider the investment objectives, risks, charges and expenses of the Highland Global Allocation Fund carefully before investing. This and other information can be found in the Fund's prospectus, which may be obtained by calling 1-866-745-0264 or visiting www.nexpointassetmgmt.com. Please read the prospectus carefully before you invest.
CONTACTS
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SOURCE Highland Global Allocation Fund
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