Highland Global Allocation Fund Offers Attractive Returns

The Highland Global Allocation Fund offers attractive returns by investing in a diversified portfolio of stocks, bonds, and other securities. This fund aims to provide a balance of income and growth.

With a long-term focus, the fund has consistently delivered stable returns, making it an attractive option for investors seeking a low-risk investment.

The fund's investment strategy is designed to capture the benefits of global markets while minimizing potential risks. By allocating assets across different asset classes, the fund aims to achieve its investment objectives.

By investing in the Highland Global Allocation Fund, investors can benefit from a well-diversified portfolio and a low-cost investment option.

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The Highland Global Allocation Fund (HGLB) is a fund that operates under a Level Distribution Policy, which allows it to make monthly distributions that may involve returns of capital.

These distributions are made on a regular schedule, with payments on the last day of each month from July to September, and the last day of each month from January to March, with respective ex-dates 8 days prior.

The fund's annual distribution rate is 8.5% of the average net asset value (NAV) per share, based on the average NAV of the Fund over the last five trading days of the previous year.

Shareholders can choose to reinvest their distributions or receive cash payments, and the fund warns that distributions may include a return of capital, which can affect total assets.

The fund's distribution schedule includes payments on July 29, August 31, and September 30, with respective ex-dates of July 21, August 23, and September 22, and payments on January 31, with an ex-date of January 21.

The fund's ability to maintain these distributions may be impacted by market conditions and performance, and the distribution policy may be amended or discontinued at any time without notice.

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The Highland Global Allocation Fund is designed to provide a balance of income and growth, with a focus on generating returns that keep pace with inflation.

This fund is actively managed, with the investment team using a rigorous research process to select high-quality stocks and bonds from around the world.

The fund's diversification strategy helps to minimize risk, by spreading investments across different asset classes, sectors, and geographic regions.

The Highland Global Allocation Fund, or HGLB, offers a monthly dividend with a substantial 12.5% annual yield. This is a significant return, especially considering the current market price of $7.80.

The fund is managed by James Dondero, who has a track record of delivering above-average risk-adjusted total returns. His experience and expertise could be a major plus for investors.

Investors who purchase HGLB at its current price are essentially getting it at a discount to its net asset value (NAV). This could be a great opportunity for those looking to buy into the fund at a lower price.

The fund's yield is not its only attractive feature, but it's certainly a major draw for income-seeking investors.

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The Highland Global Allocation Fund has a consistent distribution amount of $0.088 per share.

This is a notable aspect of the fund's performance, as it provides a predictable source of income for investors.

The fund has declared monthly distributions of $0.088 per share, which is a relatively stable figure.

This stability is a key factor in the fund's overall performance, as it allows investors to plan and budget accordingly.

The distribution amount of $0.088 per share is payable on various dates, as announced by the fund.

These dates are an important consideration for investors who rely on the fund for regular income.

The fund's ability to maintain a consistent distribution amount is a testament to its investment strategy and management team.

By providing a predictable source of income, the Highland Global Allocation Fund is well-positioned to meet the needs of its investors.

The Highland Global Allocation Fund, known as HGLB, has been beating the broader market with a double-digit yield over the past years. This impressive performance has made it a standout in the investment world.

One of the key factors contributing to HGLB's success is its high-yielding strategy. By focusing on generating a double-digit yield, HGLB has been able to outperform the broader market.

The fund's largest bet is in a particular area that has been a significant contributor to its success. This investment area has allowed HGLB to generate a total return much higher than the broader market.

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The Highland Global Allocation Fund offers a 9.4% yield, which is a significant return for investors.

This yield is made possible by the fund's global allocation strategy, which takes concentrated positions in top-performing names.

The top five names in the fund represent more than 45% of the CEF, giving investors a clear idea of the fund's biggest bets.

The fund has been able to generate double-digit yields during the past years, outperforming the broader market.

This is evident in the fund's total return, which has been higher than the broader market's return.

Investors who are looking for high-yielding investments may find the Highland Global Allocation Fund to be an attractive option.

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The Highland Global Allocation Fund was formed in 1998 as an Open-End Fund.

It converted to a Closed-End Fund in early 2019, affecting some of the data available.

This change in structure likely impacted the fund's performance and investor experience.

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The conversion to a Closed-End Fund occurred in 2019, which is a relatively recent development.

As a result, some data from before 2019 may not be directly comparable to data from after the conversion.

Investors should consider this change when evaluating the fund's performance over time.

The fund's age as an Open-End Fund, dating back to 1998, suggests a long history of operations.

However, the conversion to a Closed-End Fund in 2019 may have introduced new dynamics that affect its performance.

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The Highland Global Allocation Fund is a closed-end investment fund that seeks to achieve long-term growth of capital and future income. Its investment objective is to invest in a portfolio of U.S. and foreign equity, debt, and money market securities.

The fund was founded on April 9, 2013, and is headquartered in Dallas, Texas. It was previously an open-end fund that converted to a closed-end fund on February 19, 2019.

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The fund's investment strategy involves a rigorous top-down allocation process, which is a collaborative effort among highly experienced portfolio managers in six disciplines. This approach ensures that the fund's investment decisions are well-informed and based on thorough analysis.

The fund's portfolio is diversified across various asset classes, including U.S. and foreign equities, fixed income securities, and alternative investments. Its investment style is global thematic, which means it focuses on identifying undervalued securities with solid growth prospects.

Here are some key features of the Highland Global Allocation Fund:

As of January 16, 2025, the fund's net asset value (NAV) is $13.21, with a symbol of HGLB. The fund has been in operation since January 5, 1998.