HGLB - HGLB: 12%-Plus Yield, 33% Discount

2025-03-28 09:15:00 ET

Summary

• The Highland Global Allocation Fund is a closed-end fund investing in U.S. and international equities, fixed income, and select alternative investments for long-term growth.
• HGLB offers a 12.69% yield with monthly dividends but has a low 5-year dividend growth rate due to past reductions.
• The fund's heavy concentration in MidWave Wireless (34%) and significant exposure to real estate and energy sectors pose diversification and economic risks.
• Despite a 33.71% discount to NAV, HGLB's historical performance and current overbought status suggest a "Hold Off" rating.

Looking to expand your portfolio's exposure to international assets?...

For further details see: