Highland Global Allocation Fund (NASDAQ:HGLB – Get Free Report) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 20th will be given a dividend of 0.085 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 11.5%. The ex-dividend date of this dividend is Friday, February 20th.
Highland Global Allocation Fund Stock Performance
Shares of HGLB stock opened at $8.87 on Wednesday. The business has a fifty day simple moving average of $8.98 and a 200 day simple moving average of $9.19. Highland Global Allocation Fund has a twelve month low of $6.62 and a twelve month high of $10.64.
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.
Recommended Stories
- Five stocks we like better than Highland Global Allocation Fund
- Energy Security Is Now National Security – Positioning Is Happening Now
- Gold Is About to Do Something It Hasn’t in 90 Years
- 3 Signs You May Want to Switch Financial Advisors
- ATCX is Sitting on One of Brazil’s Largest Critical Minerals Portfolios!
- Why Q4 Could Destroy Your Wealth
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.
