Highland Global Allocation Fund (HGLB)
7.32
+0.06
(+0.83%)
USD |
NYSE |
May 03, 16:00
7.32
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.95% | -36.07% | 259.33M | 74841.23 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 13.61% | 10.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| Highland Global Allocation Fund seeks to provide 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. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Category Name | Global Allocation |
| Category Index | Morningstar Gbl Allocation TR USD |
| Global Category Name | Moderate Allocation |
| YCharts Categorization | Target Allocation |
| YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | NexPoint Asset Management, L.P. |
| Prospectus Benchmark Index | |
| FTSE All World TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| James Dondero | 26.25 yrs |
Performance Versus Category
As of May 03, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 03, 2024.
Basic Info
| Investment Strategy | |
| Highland Global Allocation Fund seeks to provide 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. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Category Name | Global Allocation |
| Category Index | Morningstar Gbl Allocation TR USD |
| Global Category Name | Moderate Allocation |
| YCharts Categorization | Target Allocation |
| YCharts Benchmark | S&P Target Risk Moderate Index (^STRB) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | NexPoint Asset Management, L.P. |
| Prospectus Benchmark Index | |
| FTSE All World TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| James Dondero | 26.25 yrs |