Highland Global Allocation Fund (NASDAQ:HGLB – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Investors of record on Friday, July 24th will be given a dividend of 0.085 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 13.5%. The ex-dividend date is Friday, July 24th.
Highland Global Allocation Fund Price Performance
HGLB opened at $7.55 on Wednesday. Highland Global Allocation Fund has a 1-year low of $7.26 and a 1-year high of $10.64. The business has a 50 day moving average of $7.76 and a 200-day moving average of $8.27.
Highland Global Allocation Fund Company Profile
The Highland Global Allocation Fund (NASDAQ:HGLB) is a diversified, closed-end interval fund that seeks to provide total return through a combination of current income and capital appreciation. Managed by Highland Capital Management, the fund pursues a multi-asset strategy, allocating across global equities, fixed income instruments, and alternative investments. Its flexible mandate allows the portfolio team to shift exposures between regions and asset classes in response to changing market conditions.
The fund’s investment approach emphasizes risk management and diversification.
Featured Articles
- Five stocks we like better than Highland Global Allocation Fund
- PayPal Rejected a $53 Billion Takeover Bid: Is the Stock Undervalued?
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
Receive News & Ratings for Highland Global Allocation Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highland Global Allocation Fund and related companies with MarketBeat.com's FREE daily email newsletter.
