PR Newswire18 days ago
DALLAS, Feb. 4, 2019 /PRNewswire/ -- Highland Floating Rate Opportunities Fund (HFRO) ("HFRO" or the "Fund") today announced its regular monthly dividend on its common stock of $0.0770 per share. The Fund is a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the "Manager"), an affiliated adviser of Highland Capital Management, L.P. The Fund invests primarily in floating rate loans and other securities deemed to be floating rate investments. The investment objective of the Fund is to provide a high level of current income, consistent with the preservation of capital in a registered fund format.