Highland Floating Rate Opportunities Z
XLFZX
Price as of:
N/A
N/A
N/A
Primary Theme
N/A
fund company
N/A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
N/A
1 yr return
7.5%
3 Yr Avg Return
1.8%
5 Yr Avg Return
5.8%
Net Assets
$877 M
Holdings in Top 10
20.5%
52 WEEK LOW AND HIGH
N/A
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.20%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 63.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,500
IRA
$50
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
XLFZX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 1.8%
- 5 Yr Annualized Total Return 5.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.61%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameHighland Floating Rate Opportunities Fund
-
Fund Family NameHighland Funds
-
Inception DateJan 13, 2000
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
Fund Description
XLFZX - Performance
Return Ranking - Trailing
Period | XLFZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 270.1% | N/A |
1 Yr | 7.5% | -64.0% | 270.1% | N/A |
3 Yr | 1.8%* | -41.4% | 115.6% | N/A |
5 Yr | 5.8%* | -30.7% | 58.6% | N/A |
10 Yr | 1.3%* | -8.4% | 26.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | XLFZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -67.1% | 73.0% | N/A |
2022 | N/A | -76.0% | 74.8% | N/A |
2021 | N/A | -58.1% | 900.0% | N/A |
2020 | N/A | -51.1% | 336.8% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
Total Return Ranking - Trailing
Period | XLFZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 270.1% | N/A |
1 Yr | 7.5% | -64.0% | 270.1% | N/A |
3 Yr | 1.8%* | -30.7% | 115.6% | N/A |
5 Yr | 5.8%* | -30.7% | 58.6% | N/A |
10 Yr | 1.3%* | -8.4% | 26.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | XLFZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -67.1% | 76.6% | N/A |
2022 | N/A | -30.7% | 76.8% | N/A |
2021 | N/A | -58.1% | 900.0% | N/A |
2020 | N/A | -51.1% | 341.1% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
XLFZX - Holdings
Concentration Analysis
XLFZX | Category Low | Category High | XLFZX % Rank | |
---|---|---|---|---|
Net Assets | 877 M | 0 | 814 B | N/A |
Number of Holdings | 203 | 1 | 17358 | N/A |
Net Assets in Top 10 | 174 M | -28.8 B | 134 B | N/A |
Weighting of Top 10 | 20.51% | 0.0% | 20474.3% | N/A |
Top 10 Holdings
- Metro Goldwyn Mayer 5.67%
- Ccs Medical Inc. 2.85%
- Vistra Energy Corp 2.21%
- J C Penney Corp Inc 1.52%
- Kronos Inc 1.51%
- Univision Communications 1.39%
- Lightstone Generation Llc 1.38%
- Alixpartners Llp 1.35%
- Russell Invts Us Institutional 1.34%
- Texas Competitive Elec Hldgs 1.30%
Asset Allocation
Weighting | Return Low | Return High | XLFZX % Rank | |
---|---|---|---|---|
Bonds | 82.95% | -955.59% | 533.06% | N/A |
Other | 8.55% | -7288.76% | 493.15% | N/A |
Stocks | 8.49% | -142.98% | 259.25% | N/A |
Preferred Stocks | 0.00% | -0.12% | 80.89% | N/A |
Convertible Bonds | 0.00% | -0.37% | 166.23% | N/A |
Cash | 0.00% | -483.27% | 7388.76% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | XLFZX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 0.85% | -18.86% | 87.44% | N/A |
Utilities | 0.00% | -3.80% | 94.95% | N/A |
Technology | 0.00% | -19.01% | 99.57% | N/A |
Real Estate | 0.00% | -11.04% | 100.00% | N/A |
Industrials | 0.00% | -21.11% | 93.31% | N/A |
Healthcare | 0.00% | -15.38% | 100.00% | N/A |
Financial Services | 0.00% | -7.59% | 99.28% | N/A |
Energy | 0.00% | -7.00% | 121.80% | N/A |
Communication Services | 0.00% | -4.54% | 90.02% | N/A |
Consumer Defense | 0.00% | -7.54% | 98.24% | N/A |
Basic Materials | 0.00% | -5.18% | 96.19% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XLFZX % Rank | |
---|---|---|---|---|
US | 8.49% | -142.98% | 126.43% | N/A |
Non US | 0.00% | -24.89% | 159.65% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | XLFZX % Rank | |
---|---|---|---|---|
Corporate | 53.18% | -15.73% | 3345.86% | N/A |
Securitized | 7.99% | -35.05% | 159.61% | N/A |
Derivative | 0.00% | -511.61% | 48.69% | N/A |
Cash & Equivalents | 0.00% | -452.21% | 7388.76% | N/A |
Municipal | 0.00% | 0.00% | 110.18% | N/A |
Government | 0.00% | -3298.93% | 457.08% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XLFZX % Rank | |
---|---|---|---|---|
Non US | 71.59% | -150.85% | 464.75% | N/A |
US | 11.36% | -955.59% | 499.56% | N/A |
XLFZX - Expenses
Operational Fees
XLFZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.20% | 0.00% | 928.63% | N/A |
Management Fee | 0.65% | 0.00% | 2.87% | N/A |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.20% | 0.00% | 52000.00% | N/A |
Sales Fees
XLFZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 25.00% | N/A |
Deferred Load | N/A | 0.25% | 5.50% | N/A |
Trading Fees
XLFZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XLFZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 63.00% | 0.00% | 5067.00% | N/A |
XLFZX - Distributions
Dividend Yield Analysis
XLFZX | Category Low | Category High | XLFZX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 87.51% | N/A |
Dividend Distribution Analysis
XLFZX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Annually |
Net Income Ratio Analysis
XLFZX | Category Low | Category High | XLFZX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.61% | -46.00% | 10.10% | N/A |
Capital Gain Distribution Analysis
XLFZX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |