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 and Income Fund to reflect the new investment objective.
- All changes will take effect on June 15, 2023.
- The Fund's strategy will not change materially as a result of the modifications to its investment objective.
For further details see:
The Highland Income Fund announces $100M buyback, and other chnages