HGLB News and Press, Highland Global Allocation Fund From 05/09/22

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...

Highland Global Allocation Fund (NYSE:HGLB) declares $0.081/share monthly dividend, in line with previous. Forward yield 9.84% Payable March 31; for shareholders of record March 24; ex-div March 23. See HGLB Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

Highland Global Allocation Fund (NYSE:HGLB) had declared $0.081/share monthly dividend, in line with previous. Payable Feb. 28; for shareholders of record Feb. 21; ex-div Feb. 17. See HGLB Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Highland Global A...

DALLAS, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Highland Global Allocation Fund (NYSE: HGLB) (“the “Fund”) today announced the declaration of monthly distributions of $0.081 per share, payable on the dates noted below. Under the Fund’s level distribution policy, the an...

I shudder when folks tell me their portfolios can’t give them a decent income stream. Because I know there’s an easy way for them to get safe 8%+ payouts—and everyone misses it. Let’s be honest. When it comes to investing, most people limit themselves...

21 out of 24 CEF sectors positive on price and 22 out of 24 sectors positive on NAV last week. US equity leads while emerging market income lags. Asia equity is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: November 7, 2021

2 out of 23 CEF sectors positive on price and 2 out of 23 sectors positive on NAV last week. MLPs lead while convertibles lag. Asia equity is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: October 3, 2021

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...

The Highland Global Allocation Fund formed in 1998 as an Open-End Fund, but shareholders approved conversion to a Closed-End Fund in early 2019. This affected some of the data available. As the name implies, their investment strategy includes both equities and debt across the globe. T...