Highland Global Allocation Fund logo

Highland Global Allocation FundNYSE: HGLB

Profile

Sector:

Financial Services

Industry:

Asset Management

Country:

United States

IPO:

01 March 2019

Website:

Next earnings report:

N/A

Last dividends:

24 October 2024

Next dividends:

N/A

Market cap

-
-vs. 3y high
-vs. sector

PE ratio

-
-vs. 3y high
-vs. sector

PB ratio

-
-vs. 3y high
-vs. sector

PS ratio

-
-vs. 3y high
-vs. sector

Price

regular market | Fri, 01 Nov 2024 13:30:00 GMT
$7.68-$0.05(-0.65%)

Dividend per share

Dividend yield TTM

$0.0812.73%

EPS diluted

EPS diluted target

--
No data over the past 3 years

Revenue

Revenue target

--
No data over the past 3 years

Revenue

Net income

--
No data over the past 3 years

Analysts recommendations

Total assets

Total liabilities

$316.95 M$62.99 M

Institutional Ownership

Included in screeners

Biggest stock losers today
Annual dividend per share 3-years growth
Dividend yield TTM > 4%

Similar companies

HGLB Latest News

HGLB: Tempting 12.5% Yield, Trading At A Substantial Discount To NAV
seekingalpha.com02 August 2024 Sentiment: POSITIVE

Highland Global Allocation Fund offers a monthly dividend with an annual yield of 12.5% at a current market price of $7.80. Managed by James Dondero, HGLB seeks above-average risk-adjusted total returns by investing in U.S. and foreign equities, fixed-income securities, and alternative investments. HGLB trades at a substantial discount to NAV, has a concentrated portfolio, and relies heavily on a single private company, posing potential risks for investors.

What type of business is Highland Global Allocation Fund?

Highland Global Allocation Fund acts as closed-end investment fund. Its investment objective of the fund is to seek long-term growth of capital and future income. The fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt and money market securities. The company was founded on April 9, 2013 and is headquartered in Dallas, Texas.

What sector is Highland Global Allocation Fund in?

Highland Global Allocation Fund is in the Financial Services sector

What industry is Highland Global Allocation Fund in?

Highland Global Allocation Fund is in the Asset Management industry

What country is Highland Global Allocation Fund from?

Highland Global Allocation Fund is headquartered in United States

When did Highland Global Allocation Fund go public?

Highland Global Allocation Fund initial public offering (IPO) was on 01 March 2019

Is Highland Global Allocation Fund in the S&P 500?

No, Highland Global Allocation Fund is not included in the S&P 500 index

Is Highland Global Allocation Fund in the NASDAQ 100?

No, Highland Global Allocation Fund is not included in the NASDAQ 100 index

Is Highland Global Allocation Fund in the Dow Jones?

No, Highland Global Allocation Fund is not included in the Dow Jones index

When was Highland Global Allocation Fund the previous earnings report?

No data

When does Highland Global Allocation Fund earnings report?

Next earnings report date is not announced yet