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Name

As of 10/13/2023

Price

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

Highland Global Allocation Fund

HGLB | Fund

$7.70

$256 M

12.62%

$0.97

-

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 10/13/2023

Price

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

Highland Global Allocation Fund

HGLB | Fund

$7.70

$256 M

12.62%

$0.97

-

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
DIVIDENDS
  • Dividend Yield 12.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Highland Global Allocation Fund
  • Fund Family Name
    NexPoint Funds
  • Inception Date
    Feb 19, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US

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

  1. TERRESTAR CORP COMMON STOCK 22.50%
  2. TERRESTAR CORPORATION 2/27/2020 8.46%
  3. GAF REIT 5.98%
  4. ENERGY TRANSFER LP PARTNERSHIP SHARES 5.96%
  5. NEXPOINT REAL ESTATE FINANCE REIT 5.48%
  6. NEXPOINT EVENT DRIVEN F-Z MUTUAL FUND 4.15%
  7. GAF REIT SUB III, LLC 3.99%
  8. REPUBLIC OF ARGENTINA 3.500000% 07/09/2041 3.65%
  9. GAF REIT SUB II, LLC 3.56%
  10. 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

View More +

HGLB - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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