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

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) declared a monthly dividend on Monday, November 2nd. Shareholders of record on Monday, November 23rd will be paid a dividend of $0.0385 per share on Monday, November 30th. This represents a $0.46 annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Monday, November 23rd.

Highland Funds I – Highland Opportunities and Income Fund Trading Down 2.3%

Shares of HFRO opened at $6.29 on Tuesday. The firm has a 50-day simple moving average of $6.78 and a two-hundred day simple moving average of $6.60. Highland Funds I – Highland Opportunities and Income Fund has a 1-year low of $5.47 and a 1-year high of $7.74.

About Highland Funds I – Highland Opportunities and Income Fund

Highland Opportunities and Income Fund (NYSE: HFRO) is a closed-end investment fund designed to pursue total return through a combination of current income and capital appreciation. The fund invests in a flexible portfolio of income-producing and opportunistic assets rather than operating as a traditional business.

Its portfolio may include corporate loans, bonds, structured credit investments, preferred securities, common stocks and other debt or equity instruments. The fund can invest across a range of industries and may allocate capital to both public and private-market opportunities, including investments issued by companies in the United States and other countries.

Highland Opportunities and Income Fund is advised by an affiliate of Highland Capital Management, an investment-management firm with experience in alternative credit and income-oriented strategies.