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

Posted by Wayne Rhoads on Mar 4th, 2025

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Get Free Report) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Monday, March 24th will be given a dividend of 0.0385 per share on Monday, March 31st. This represents a $0.46 annualized dividend and a dividend yield of 8.12%. The ex-dividend date of this dividend is Monday, March 24th.

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

Highland Funds I – Highland Opportunities and Income Fund Stock Performance

Shares of Highland Funds I – Highland Opportunities and Income Fund stock traded down $0.14 on Tuesday, hitting $5.69. 231,498 shares of the company traded hands, compared to its average volume of 278,605. The stock’s 50 day moving average price is $5.59 and its 200-day moving average price is $5.75. Highland Funds I – Highland Opportunities and Income Fund has a 52 week low of $5.11 and a 52 week high of $7.05.

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 position in Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 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.