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HFRO - Highland Income Fund: A New 5.375% 'A1' Rating Preferred Stock Has Begun Trading On The NYSE
Highland Floating Rate Opportunities Fund
Introduction
Our goal is to present to you our IPO analysis for every new fixed-income security that enters the market and to find out if there is any trading potential. In this article, we want to shed light on the newest preferred stock issued by Highland Income Fund (HFRO). Even though the product may not be of interest to us and our financial objectives, it definitely is worth taking a look at.