- 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. They are also permitted to own assets not classified within those categories.
- Due to the poor performance and highly concentrated portfolio risk, I am giving HGLB a Bearish rating at this time.
For further details see:
HGLB Is An Interesting Global Allocation CEF, But Not My Cup Of Tea