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

Posted by George Bondi on Sep 2nd, 2026

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Investors of record on Wednesday, September 23rd will be given a dividend of 0.0385 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Wednesday, September 23rd.

Highland Funds I – Highland Opportunities and Income Fund Stock Performance

Shares of NYSE:HFRO traded down $0.02 on Wednesday, reaching $7.38. The company’s stock had a trading volume of 8,972 shares, compared to its average volume of 135,999. The company has a 50-day simple moving average of $7.34 and a 200 day simple moving average of $6.62. Highland Funds I – Highland Opportunities and Income Fund has a 52-week low of $5.47 and a 52-week high of $7.69.

Insider Buying and Selling at Highland Funds I – Highland Opportunities and Income Fund

In related news, major shareholder Saba Capital Management, L.P. purchased 123,589 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were bought at an average price of $6.88 per share, for a total transaction of $850,292.32. Following the acquisition, the insider owned 5,976,204 shares of the company’s stock, valued at approximately $41,116,283.52. This represents a 2.11% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last 90 days, insiders purchased 148,365 shares of company stock worth $1,016,764.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. IFP Advisors Inc purchased a new position in shares of Highland Funds I – Highland Opportunities and Income Fund during the fourth quarter valued at approximately $31,000. Summit Securities Group LLC bought a new stake in shares of Highland Funds I – Highland Opportunities and Income Fund during the 4th quarter worth approximately $34,000. Fifth Third Bancorp bought a new stake in shares of Highland Funds I – Highland Opportunities and Income Fund during the 1st quarter worth approximately $35,000. Advisory Services Network LLC purchased a new position in Highland Funds I – Highland Opportunities and Income Fund during the 3rd quarter valued at $52,000. Finally, K2 Principal Fund L.P. purchased a new position in Highland Funds I – Highland Opportunities and Income Fund during the 4th quarter valued at $60,000.

About Highland Funds I – Highland Opportunities and Income Fund

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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.