HGLB - Highland Global Allocation Fund

NYSE - NYSE Delayed Price. Currency in USD
8.97
-0.15 (-1.64%)
At close: 4:02PM EST
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Previous Close9.12
Open9.08
Bid0.00 x 1100
Ask9.30 x 1100
Day's Range8.93 - 9.09
52 Week Range8.56 - 13.60
Volume97,420
Avg. Volume111,758
Market Cap203M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.01 (10.94%)
Ex-Dividend DateFeb 19, 2020
1y Target EstN/A
  • PR Newswire

    Highland Global Allocation Fund Declares Monthly Distributions of $0.084, Continues 8.5% Level Distribution Policy for 2020

    Highland Global Allocation Fund (NYSE: HGLB) ("the "Fund") today announced that it will continue its 8.5% level distribution policy in 2020. The Fund is therefore declaring distributions of $0.084 per month for January through December 2020.

  • PR Newswire

    Highland Global Allocation Fund's Board Approves up to $20 Million in Additional Share Repurchases, Extends Repurchase Program

    DALLAS, Aug. 20, 2019 /PRNewswire/ -- Highland Capital Management Fund Advisors, L.P. (together with its affiliates "Highland") announced today that the Board of Trustees (the "Board") of the Highland Global Allocation Fund (NYSE:HGLB) (the "Fund") approved up to an additional $20 million of share repurchases of the Fund's shares and an extension of the repurchase program for a period of six months. This comes following the Fund's completion of $10 million in share repurchases in July, which the Board approved in conjunction with the conversion of the Fund from an open-end fund to a closed-end fund. Highland Capital Management Fund Advisors, L.P. is an affiliated adviser of Highland Capital Management, L.P. (together with its affiliates "Highland"), a multibillion-dollar global alternative investment manager.

  • PR Newswire

    Highland Global Allocation Fund Completes $10 Million in Share Repurchases

    DALLAS, July 10, 2019 /PRNewswire/ -- Highland Capital Management Fund Advisors, L.P. (together with its affiliates "Highland") announced today that the Highland Global Allocation Fund (NYSE:HGLB) (the "Fund") has completed $10 million in repurchases of the Fund's shares. "The Fund's repurchase program represents our commitment to enhancing shareholder value and our conviction in the portfolio," said Dustin Norris, head of distribution and chief product strategist. As such, the Fund may repurchase additional shares during the third quarter, with the ability to repurchase up to 5% of outstanding shares in total under the program.

  • PR Newswire

    Highland Global Allocation Fund Announces the Declaration of Monthly Distributions of $0.106 and Approval of 8.5% Level Distribution Policy

    DALLAS, March 7, 2019 /PRNewswire/ -- Highland Global Allocation Fund (HGLB) ("the "Fund") today announced that its Board of Trustees (the "Board") has approved an 8.5% level distribution policy and a change in distribution frequency from quarterly to monthly. The Fund is therefore declaring distributions of $0.106 per month for March through December 2019. In addition to the distribution policy, the Fund announced plans for its share repurchasing program, which provides a structure for the Fund and its adviser, Highland Capital Management Fund Advisors, L.P. (the "Adviser" or together with its affiliates "Highland") to purchase shares in the secondary market.