Highland Funds I – Highland Opportunities and Income Fund (HFRO) To Go Ex-Dividend on October 23rd

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) announced a monthly dividend on Thursday, October 1st. Investors of record on Friday, October 23rd will be paid a dividend of $0.0385 per share on Friday, October 30th. This represents a $0.46 annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Friday, October 23rd.

Highland Funds I – Highland Opportunities and Income Fund Stock Performance

NYSE:HFRO opened at $6.13 on Wednesday. The stock’s fifty day moving average is $6.96 and its 200 day moving average is $6.83. Highland Funds I – Highland Opportunities and Income Fund has a fifty-two week low of $5.47 and a fifty-two week high of $7.74.

About Highland Funds I – Highland Opportunities and Income Fund

Highland Funds I – Highland Opportunities and Income Fund is a closed-end investment company listed on the New York Stock Exchange under the ticker symbol HFRO. Unlike an operating corporation, the fund does not sell products or services; it invests shareholder capital in a portfolio of income-producing and opportunistic assets.

The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective. Its portfolio may include loans, debt securities, equity investments and other credit- and opportunity-oriented investments, including investments in privately placed or less liquid securities.