Highland Global Allocation Fund (NASDAQ:HGLB – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.085 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 13.4%. The ex-dividend date of this dividend is Wednesday, September 23rd.
Highland Global Allocation Fund Stock Up 1.4%
Shares of Highland Global Allocation Fund stock opened at $7.62 on Thursday. The firm’s 50 day moving average is $7.94 and its 200 day moving average is $8.43. Highland Global Allocation Fund has a 1 year low of $7.26 and a 1 year high of $10.64.
Highland Global Allocation Fund Company Profile
The Highland Global Allocation Fund (NASDAQ:HGLB) is a diversified, closed-end interval fund that seeks to provide total return through a combination of current income and capital appreciation. Managed by Highland Capital Management, the fund pursues a multi-asset strategy, allocating across global equities, fixed income instruments, and alternative investments. Its flexible mandate allows the portfolio team to shift exposures between regions and asset classes in response to changing market conditions.
The fund’s investment approach emphasizes risk management and diversification.
Featured Articles
- Five stocks we like better than Highland Global Allocation Fund
- SMRs Spark a Chain Reaction for Nano Nuclear
- Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
- Tesla Stock Surges 15% as FSD Update Backs Its Autonomy Thesis
- Is the Memory Rally Still Alive After the Semiconductor Sell-Off?
Receive News & Ratings for Highland Global Allocation Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highland Global Allocation Fund and related companies with MarketBeat.com's FREE daily email newsletter.
