Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Declares Monthly Dividend of $0.04

Posted by Tech Dows on Apr 3rd, 2025

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Get Free Report) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, April 23rd will be paid a dividend of 0.0385 per share on Wednesday, April 30th. This represents a $0.46 annualized dividend and a dividend yield of 8.99%. The ex-dividend date of this dividend is Wednesday, April 23rd.

Highland Funds I – Highland Opportunities and Income Fund has decreased its dividend by an average of 20.6% per year over the last three years.

Highland Funds I – Highland Opportunities and Income Fund Trading Down 0.8 %

HFRO opened at $5.14 on Thursday. The business’s 50-day simple moving average is $5.52 and its 200 day simple moving average is $5.63. Highland Funds I – Highland Opportunities and Income Fund has a 52-week low of $4.88 and a 52-week high of $6.92.

Institutional Investors Weigh In On Highland Funds I – Highland Opportunities and Income Fund

An institutional investor recently bought a new position in Highland Funds I – Highland Opportunities and Income Fund stock. Bank of America Corp DE purchased a new position in shares of Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,245 shares of the company’s stock, valued at approximately $100,000.

Highland Funds I – Highland Opportunities and Income Fund Company Profile

(Get Free Report)

Highland Funds I – Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships.