Highland Funds I – Highland Opportunities and Income Fund (HFRO) To Go Ex-Dividend on March 24th

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Monday, March 24th will be paid a dividend of 0.0385 per share on Monday, March 31st. This represents a $0.46 annualized dividend and a yield of 8.77%. 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 Trading Up 0.1 %

HFRO stock opened at $5.27 on Friday. Highland Funds I – Highland Opportunities and Income Fund has a 1-year low of $5.08 and a 1-year high of $7.05. The business’s 50 day moving average is $5.60 and its 200-day moving average is $5.69.

Institutional Investors 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 stake in Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 19,245 shares of the company’s stock, valued at approximately $100,000.

Highland Funds I – Highland Opportunities and Income Fund Company Profile

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.