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 reports recurring developments for a NYSE-listed closed-end fund managed by NexPoint Asset Management, L.P. The fund's updates primarily cover monthly common-share distributions under a level distribution policy tied to net asset value, changes in declared distribution amounts, and risk factors that may affect the continuity of payments.
News also covers portfolio-management changes and NAV movements related to fund holdings. The fund seeks long-term growth of capital and future income through investments that may include U.S. and foreign equity, debt, money market securities, and senior loans.
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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The Highland Global Allocation Fund (NYSE: HGLB) announced monthly distributions of $0.084 per share for April to June 2023, setting an annual distribution rate at 8.5% of the average net asset value (NAV) from late 2022. The Fund's level distribution policy allows for monthly distributions, subject to market conditions impacting investment income. Key distribution dates include April 20, May 22, and June 22, 2023. Shareholders can choose between cash payments or reinvesting distributions. Changes to the distribution policy may affect share prices, and future distributions may consist of returns on capital, potentially impacting total assets.
Highland Global Allocation Fund (NYSE: HGLB) has declared monthly distributions of $0.084 per share for January through March 2023, resetting the annual distribution rate to 8.5% of the average net asset value (NAV) per share. Key distribution dates include: Ex-Dates (January 20, February 20, March 23) and Payable Dates (January 31, February 28, March 31). The Fund's level distribution policy may require amendments based on market conditions, which could impact share prices. Shareholders can choose between cash distributions or reinvesting through a Dividend Reinvestment Plan.
The Highland Global Allocation Fund (NYSE: HGLB) announced monthly distributions of $0.081 per share for October, November, and December 2022. This distribution rate corresponds to an annual rate of 8.5% based on the Fund's net asset value (NAV) from late December 2021. Shareholders can choose to receive cash or reinvest through the Dividend Reinvestment Plan. The Fund's distribution policy may be amended or discontinued without notice, and distributions might include a return of capital, impacting total assets.
Highland Global Allocation Fund (NYSE: HGLB) announced monthly distributions of $0.081 per share for July through September 2022, equating to an annual distribution rate of 8.5% based on the average net asset value (NAV) of the Fund. The distribution schedule includes payments on July 29, August 31, and September 30, with respective ex-dates of July 21, August 23, and September 22. The Fund operates under a Level Distribution Policy, allowing for monthly distributions that may involve returns of capital. Shareholders can reinvest distributions or opt for cash.
Highland Global Allocation Fund (NYSE: HGLB) announced monthly distributions of $0.081 per share for April through June 2022, reflecting an annual distribution rate of 8.5% of the Fund's average net asset value (NAV) per share. The distribution dates include April 29, May 31, and June 30, 2022. Under its Level Distribution Policy, the Fund can adjust future distributions based on market conditions. Shareholders can choose between reinvesting dividends or receiving cash payments. The Fund warns that distributions may include a return of capital, affecting total assets.