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

Posted by Stuart Ham on Apr 2nd, 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. Shareholders 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 dividend on an annualized basis and a yield of 8.99%. The ex-dividend date is Wednesday, April 23rd.

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

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

Shares of NYSE HFRO traded down $0.04 during midday trading on Wednesday, hitting $5.14. 235,159 shares of the company’s stock were exchanged, compared to its average volume of 282,606. The business’s fifty day moving average price is $5.53 and its two-hundred day moving average price is $5.64. Highland Funds I – Highland Opportunities and Income Fund has a 12-month low of $4.88 and a 12-month high of $6.92.

Hedge Funds 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 acquired a new stake in shares of Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 19,245 shares of the company’s stock, valued at approximately $100,000.

About Highland Funds I – Highland Opportunities and Income Fund

(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.