HFRO News and Press, Highland Floating Rate Opportunities Fund From 09/24/21

DALLAS, Sept. 24, 2021 (GLOBE NEWSWIRE) -- The Highland Income Fund (NYSE: HFRO) (“HFRO” or the “Fund”), a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the “Adviser”), today announced that it has filed a supplement to ...

HFRO pays an 8.5% distribution yield and trades at a 22% discount to NAV. HFRO management is recommending a conversion from an income-based closed-end fund to a diversified holdings company. Phil Goldstein, Mike Taggart, Tom Herzfeld and ISS (corporate governance advisor) have all...

For the tenth month running, equity CEFs on average posted positive returns, rising 1.43% on an NAV basis for August. While, for the sixth consecutive month, fixed income CEFs posted plus-side returns (+0.29%). Thirty-seven percent of all CEFs traded at a premium to their NAV, wit...

One thing we love about CEFs is the shareholder protections they create. One protection is the ability to vote on changes. HFRO's management is proposing a change that's harmful to shareholders, in our opinion. You can stand with us and vote against this proposal. For fu...

MIAMI BEACH, Fla., Aug. 26, 2021 (GLOBE NEWSWIRE) -- Thomas J. Herzfeld Advisors, Inc. (the “TJH”) today announced that it has submitted written materials pursuant to Rule 14a-6(g)(1) promulgated under the Securities Exchange Act of 1934. Those written materials consist of an ...

Funds at the largest discounts don't necessarily make great investments, with several of the deepest discounted funds worth avoiding. Similarly, funds at large premiums don't necessarily make terrible investments either. One should consider other factors before buying or selling a...

DALLAS, Aug. 20, 2021 (GLOBE NEWSWIRE) -- The Highland Income Fund (NYSE: HFRO) (“HFRO” or the “Fund”), a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the “Adviser”), today announced that the special meeting of shareho...

DALLAS, Aug. 17, 2021 (GLOBE NEWSWIRE) -- The Highland Income Fund (NYSE: HFRO) (“HFRO” or the “Fund”), a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the “Adviser”), today announced that it received unanimous approval...

DALLAS, Aug. 13, 2021 (GLOBE NEWSWIRE) -- The Highland Income Fund (NYSE: HFRO) (“HFRO” or the “Fund”), a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the “Adviser”), today announced an update to its proposal to conv...

The Coalition of Concerned Stockholders of Highland Income Fund (NYSE: HFRO) today issued the following letter urging all stockholders to vote against the proposed conversion to a holding company. Dear Fellow Stockholder of Highland Income Fund (HFRO): After the close of bus...