HFRO News and Press, Highland Floating Rate Opportunities Fund From 06/04/23

2023-06-04 08:17:11 ET Summary We review CEF market valuation and performance through the fourth week of May and highlight recent market action. CEFs had another down week - the fourth in a row - as rising Treasury yields and weak sentiment keep the market under pressure. Loan...

2023-05-30 05:01:23 ET Summary HFRO pays an attractive distribution yield and currently trades at more than a 30% discount to NAV. HFRO has been quite controversial in the past, but a new $100 million share repurchase program and reduced expense ratios are more shareholder-friendl...

2023-05-24 12:03:00 ET Gainers: The Necessity Retail REIT ( RTL ) +19% . Highland Funds I - Highland Income Fund ( HFRO ) +8% . Applied Digital ( APLD ) +7% . Losers: Global Net Lease ( GNL ) -12% . City Office REIT ( CIO ...

2023-05-17 05:13:51 ET The Highland Income Fund ( NYSE: HFRO ) approved a repurchase program pursuant to which the fund may repurchase up to $100M of its stock in open-market transactions over a two-year period. The Fund will change its name to the Highland Opportunities a...

Highland Income Fund Announces Share Repurchase Program, Changes to Fund Name and Investment Objective PR Newswire DALLAS , May 16, 2023 /PRNewswire/ -- The Highland Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced that the Fund's Board of Trustees...

2023-05-07 11:35:24 ET Summary Only funds with yields over 8%, coverage higher than 90%, and trading at a discount are considered. Top lists of discount, yield, DxY, and DxYxZ are given. The top DxY funds are HFRO, HNW, and JPC. Author's note: This article was rele...

2023-04-30 01:44:27 ET Summary Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experienced in 2022. Volatility has been coming down in ...

2023-03-30 08:00:00 ET Summary Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are HFRO, KIO, and ARDC. Author’s note: This article was ...

2023-03-29 07:30:00 ET Summary Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given. Top DxYxZ funds are HFRO, HNW, and BGX. For further details see: The Quality Closed-End Fund Report, March 2023

2023-03-23 16:09:09 ET Summary This article takes a look at mortgage REIT NexPoint Real Estate Finance and their focus on multi- and single-family rentals. Specifically, I'll provide reflections regarding the value of their Series A preferred shares NREF-A. We'll review the compan...