Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Declares $0.04 Monthly Dividend

Posted by Geri Gentry on Jul 2nd, 2026

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Friday, July 24th will be given a dividend of 0.0385 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Friday, July 24th.

Highland Funds I – Highland Opportunities and Income Fund Trading Up 3.0%

HFRO opened at $7.35 on Thursday. Highland Funds I – Highland Opportunities and Income Fund has a one year low of $5.03 and a one year high of $7.50. The business’s 50 day moving average price is $6.61 and its 200 day moving average price is $6.25.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. bought 123,589 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was bought at an average cost of $6.88 per share, with a total value of $850,292.32. Following the completion of the acquisition, the insider owned 5,976,204 shares in the company, valued at approximately $41,116,283.52. This represents a 2.11% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have bought a total of 417,994 shares of company stock worth $2,760,184 over the last quarter.

Institutional Trading of Highland Funds I – Highland Opportunities and Income Fund

Large investors have recently modified their holdings of the business. Saba Capital Management L.P. lifted its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 25.3% in the fourth quarter. Saba Capital Management L.P. now owns 4,674,016 shares of the company’s stock valued at $27,951,000 after acquiring an additional 944,136 shares in the last quarter. Nexpoint Asset Management L.P. increased its position in Highland Funds I – Highland Opportunities and Income Fund by 30.3% during the 4th quarter. Nexpoint Asset Management L.P. now owns 3,673,047 shares of the company’s stock worth $21,965,000 after purchasing an additional 855,000 shares in the last quarter. Closed End Fund Advisors Inc. purchased a new stake in Highland Funds I – Highland Opportunities and Income Fund during the 4th quarter worth about $1,406,000. Marex Group plc raised its stake in Highland Funds I – Highland Opportunities and Income Fund by 267.5% in the 4th quarter. Marex Group plc now owns 285,112 shares of the company’s stock valued at $1,705,000 after purchasing an additional 207,541 shares during the last quarter. Finally, Altium Capital Management LLC acquired a new position in Highland Funds I – Highland Opportunities and Income Fund in the 4th quarter valued at about $855,000.

Highland Funds I – Highland Opportunities and Income Fund Company Profile

(Get Free Report)

Highland Funds I – Highland Opportunities and Income Fund (NYSE: HFRO) is a diversified, closed-end management investment company designed to seek total return with an emphasis on current income. The fund pursues its objective by investing primarily in a broad range of credit instruments, including senior secured loans, high-yield corporate bonds, distressed debt and other special situation opportunities. In addition to its credit allocations, HFRO may also invest in equity securities, convertible instruments and derivative instruments to hedge risk or enhance yield.

Since commencing operations in 2006, Highland Opportunities and Income Fund has employed an opportunistic, value-oriented strategy to capitalize on market dislocations and mispriced assets.