HGLB News and Press, Highland Global Allocation Fund From 04/30/23

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 ...

2023-03-23 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...

Summary Highland Global Allocation Fund has generated double-digit yield during the past years and has been able to generate a total return much higher than the broader market. The largest bet of HGLB is in a private enterprise, which I believe is quite hard to value. So, a deep discoun...

Highland Global Allocation Fund ( NYSE: HGLB ) declares $0.084/share monthly dividend , 3.7% increase from prior dividend of $0.081. Forward yield 10.87% Payable Jan. 31; for shareholders of record Jan. 23; ex-div Jan. 21. Payable Feb. 28; for shareholders of recor...

Highland Global Allocation Fund Declares Monthly Distributions of $0.084 Per Share PR Newswire DALLAS , Jan. 3, 2023 /PRNewswire/ -- Highland Global Allocation Fund (NYSE: HGLB) ("the "Fund") today announced the declaration of monthly distributions of $0.084 ...

Summary Highland Global Allocation Fund is a multi-asset global allocation CEF. The fund takes very concentrated positions with the top five names representing more than 45% of the CEF. Two of the top three names in the portfolio are private companies, with the top name TerreS...

CEF discounts have narrowed from our previous update but are still sitting wider than at the end of 2021. So far, discounts have bottomed out with the market on June 16th, 2022, which has so far been the market low for 2022. 2022 remains a volatile year but has also presented quit...

With all the panic over the headlines these days, it’s a good time for us contrarians to step back and take stock—because there are high-yield bargains out there that can help us navigate this mess. (Hint: the best hunting ground for us contrarians today is in a group of r...

Discounts have been widening in the CEF space as volatility has been kicking up. The widening discounts have been creating more opportunities, but headwinds exist. We screen for several different metrics that bring up funds worth exploring further. For further details see: ...

One thing we love about closed-end funds (beyond the dividends: many CEFs yield 7%+ today) is the big discounts to net asset value, or NAV, that these funds hand us. These discounts only exist with CEFs. Here’s why: CEFs typically can’t issue new shares to new investor...