Highland Global Allocation Fund
Name
As of 10/13/2023Price
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
-8.3%
1 yr return
-11.6%
3 Yr Avg Return
3.5%
5 Yr Avg Return
0.3%
Net Assets
$256 M
Holdings in Top 10
67.3%
52 WEEK LOW AND HIGH
$7.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 10/13/2023Price
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
HGLB - Profile
Distributions
- YTD Total Return -8.3%
- 3 Yr Annualized Total Return 3.5%
- 5 Yr Annualized Total Return 0.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 12.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameHighland Global Allocation Fund
-
Fund Family NameNexPoint Funds
-
Inception DateFeb 19, 2019
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
HGLB - Performance
Return Ranking - Trailing
Period | HGLB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.3% | N/A | N/A | N/A |
1 Yr | -11.6% | N/A | N/A | N/A |
3 Yr | 3.5%* | N/A | N/A | N/A |
5 Yr | 0.3%* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | HGLB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -16.6% | N/A | N/A | N/A |
2022 | 3.9% | N/A | N/A | N/A |
2021 | 38.9% | N/A | N/A | N/A |
2020 | -30.1% | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | HGLB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.3% | N/A | N/A | N/A |
1 Yr | -11.6% | N/A | N/A | N/A |
3 Yr | 3.5%* | N/A | N/A | N/A |
5 Yr | 0.3%* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | HGLB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -6.1% | N/A | N/A | N/A |
2022 | 14.7% | N/A | N/A | N/A |
2021 | 53.3% | N/A | N/A | N/A |
2020 | -17.9% | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
NAV & Total Return History
HGLB - Holdings
Concentration Analysis
HGLB | Category Low | Category High | HGLB % Rank | |
---|---|---|---|---|
Net Assets | 256 M | N/A | N/A | N/A |
Number of Holdings | 69 | N/A | N/A | N/A |
Net Assets in Top 10 | 172 M | N/A | N/A | N/A |
Weighting of Top 10 | 67.25% | N/A | N/A | N/A |
Top 10 Holdings
- TERRESTAR CORP COMMON STOCK 22.50%
- TERRESTAR CORPORATION 2/27/2020 8.46%
- GAF REIT 5.98%
- ENERGY TRANSFER LP PARTNERSHIP SHARES 5.96%
- NEXPOINT REAL ESTATE FINANCE REIT 5.48%
- NEXPOINT EVENT DRIVEN F-Z MUTUAL FUND 4.15%
- GAF REIT SUB III, LLC 3.99%
- REPUBLIC OF ARGENTINA 3.500000% 07/09/2041 3.65%
- GAF REIT SUB II, LLC 3.56%
- QUARTERNORTH ENERGY INC. SLTL TRANCHE 3 WARRANT 3.53%
Asset Allocation
Weighting | Return Low | Return High | HGLB % Rank | |
---|---|---|---|---|
Stocks | 92.30% | N/A | N/A | N/A |
Bonds | 22.08% | N/A | N/A | N/A |
Preferred Stocks | 4.13% | N/A | N/A | N/A |
Cash | 0.32% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Other | -1.39% | N/A | N/A | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | HGLB % Rank | |
---|---|---|---|---|
Utilities | 0.00% | N/A | N/A | N/A |
Technology | 0.00% | N/A | N/A | N/A |
Real Estate | 0.00% | N/A | N/A | N/A |
Industrials | 0.00% | N/A | N/A | N/A |
Healthcare | 0.00% | N/A | N/A | N/A |
Financial Services | 0.00% | N/A | N/A | N/A |
Energy | 0.00% | N/A | N/A | N/A |
Communication Services | 0.00% | N/A | N/A | N/A |
Consumer Defense | 0.00% | N/A | N/A | N/A |
Consumer Cyclical | 0.00% | N/A | N/A | N/A |
Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HGLB % Rank | |
---|---|---|---|---|
US | 91.76% | N/A | N/A | N/A |
Non US | 0.54% | N/A | N/A | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | HGLB % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.32% | N/A | N/A | N/A |
Derivative | 0.00% | N/A | N/A | N/A |
Securitized | 0.00% | N/A | N/A | N/A |
Corporate | 0.00% | N/A | N/A | N/A |
Municipal | 0.00% | N/A | N/A | N/A |
Government | 0.00% | N/A | N/A | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HGLB % Rank | |
---|---|---|---|---|
US | 22.08% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
HGLB - Expenses
Operational Fees
HGLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | N/A | N/A | N/A |
Management Fee | N/A | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
HGLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
HGLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
HGLB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
HGLB - Distributions
Dividend Yield Analysis
HGLB | Category Low | Category High | HGLB % Rank | |
---|---|---|---|---|
Dividend Yield | 12.62% | N/A | N/A | N/A |
Dividend Distribution Analysis
HGLB | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly |
Net Income Ratio Analysis
HGLB | Category Low | Category High | HGLB % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
HGLB | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.081 | OrdinaryDividend |
Jan 31, 2024 | $0.081 | OrdinaryDividend |
Dec 29, 2023 | $0.084 | OrdinaryDividend |
Nov 30, 2023 | $0.084 | OrdinaryDividend |
Oct 31, 2023 | $0.084 | OrdinaryDividend |
Sep 29, 2023 | $0.084 | OrdinaryDividend |
Aug 31, 2023 | $0.084 | OrdinaryDividend |
Jul 31, 2023 | $0.084 | OrdinaryDividend |
Jun 30, 2023 | $0.084 | OrdinaryDividend |
May 31, 2023 | $0.084 | OrdinaryDividend |
Apr 28, 2023 | $0.084 | OrdinaryDividend |
Mar 31, 2023 | $0.084 | OrdinaryDividend |
Feb 28, 2023 | $0.084 | OrdinaryDividend |
Jan 31, 2023 | $0.084 | OrdinaryDividend |
Dec 30, 2022 | $0.081 | OrdinaryDividend |
Nov 30, 2022 | $0.081 | OrdinaryDividend |
Oct 31, 2022 | $0.081 | OrdinaryDividend |
Sep 30, 2022 | $0.081 | OrdinaryDividend |
Aug 31, 2022 | $0.081 | OrdinaryDividend |
Jul 29, 2022 | $0.081 | OrdinaryDividend |
Jun 30, 2022 | $0.081 | OrdinaryDividend |
May 31, 2022 | $0.081 | OrdinaryDividend |
Apr 29, 2022 | $0.081 | OrdinaryDividend |
Mar 31, 2022 | $0.081 | OrdinaryDividend |
Feb 28, 2022 | $0.081 | OrdinaryDividend |
Jan 31, 2022 | $0.081 | OrdinaryDividend |
Dec 31, 2021 | $0.071 | OrdinaryDividend |
Nov 30, 2021 | $0.071 | OrdinaryDividend |
Oct 29, 2021 | $0.071 | OrdinaryDividend |
Sep 30, 2021 | $0.071 | OrdinaryDividend |
Aug 31, 2021 | $0.071 | OrdinaryDividend |
Jul 30, 2021 | $0.071 | OrdinaryDividend |
Jun 30, 2021 | $0.071 | OrdinaryDividend |
May 28, 2021 | $0.071 | OrdinaryDividend |
Apr 30, 2021 | $0.071 | OrdinaryDividend |
Mar 31, 2021 | $0.071 | OrdinaryDividend |
Feb 26, 2021 | $0.071 | OrdinaryDividend |
Jan 29, 2021 | $0.071 | OrdinaryDividend |
Dec 31, 2020 | $0.084 | OrdinaryDividend |
Nov 30, 2020 | $0.084 | OrdinaryDividend |
Oct 30, 2020 | $0.084 | OrdinaryDividend |
Sep 30, 2020 | $0.084 | OrdinaryDividend |
Aug 31, 2020 | $0.084 | OrdinaryDividend |
Jul 31, 2020 | $0.084 | OrdinaryDividend |
Jun 30, 2020 | $0.084 | OrdinaryDividend |
May 29, 2020 | $0.084 | OrdinaryDividend |
Apr 30, 2020 | $0.084 | OrdinaryDividend |
Mar 31, 2020 | $0.084 | OrdinaryDividend |
Feb 28, 2020 | $0.084 | OrdinaryDividend |
Jan 31, 2020 | $0.084 | OrdinaryDividend |
Dec 31, 2019 | $0.106 | OrdinaryDividend |
Nov 29, 2019 | $0.106 | OrdinaryDividend |
Oct 31, 2019 | $0.106 | OrdinaryDividend |
Sep 30, 2019 | $0.106 | OrdinaryDividend |
Aug 30, 2019 | $0.106 | OrdinaryDividend |
Jul 31, 2019 | $0.106 | OrdinaryDividend |
Jun 28, 2019 | $0.106 | OrdinaryDividend |
May 31, 2019 | $0.106 | OrdinaryDividend |
Apr 30, 2019 | $0.106 | OrdinaryDividend |
Mar 29, 2019 | $0.106 | OrdinaryDividend |