HFRO - Rare 11% Yield And 35% Discount: HFRO November, 02 2020 08:45 AM Highland Floating Rate Opportunities Fund HFRO is trading at a staggering 35% discount and +11% yield. The market clearly does not believe HFRO's NAV is reliable. We take a look at HFRO's Level 3 holdings. For further details see: Rare 11% Yield And 35% Discount: HFRO