Highland Global Allocation Fund (HGLB)
8.27
+0.22
(+2.80%)
USD |
NYSE |
May 02, 16:00
8.29
+0.02
(+0.24%)
After-Hours: 20:00
Price Chart
Sep '18
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May '19
285.00
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255.00
240.00
Key Stats
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| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.51% | -29.92% | 271.40M | 96366.03 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | 13.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term growth of capital and future income by investing in U.S. and foreign equity, debt and money market securities. The Fund intends to normally invest at least 50% of its net assets in equity securities and at least 40% (plus any borrowings for investment purpose) in securities of non-U.S. issuers. |
| General | |
| Security Type | Closed-End Fund |
| Broad Asset Class | International Equity |
| Broad Category | Equity |
| Global Peer Group | Equity Global |
| Peer Group | Global Funds |
| Global Macro | Equity Global |
| US Macro | Developed Global Markets Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Global Funds |
| Fund Owner Firm Name | Highland Capital Mgt |
| Broad Asset Class Benchmark Index | |
| ^MSACXUSNTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 04, 2025.
Asset Allocation
As of December 31, 2024.
| Type | % Net |
|---|---|
| Cash | 0.09% |
| Stock | 65.97% |
| Bond | 19.94% |
| Convertible | 0.00% |
| Preferred | 3.35% |
| Other | 10.65% |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term growth of capital and future income by investing in U.S. and foreign equity, debt and money market securities. The Fund intends to normally invest at least 50% of its net assets in equity securities and at least 40% (plus any borrowings for investment purpose) in securities of non-U.S. issuers. |
| General | |
| Security Type | Closed-End Fund |
| Broad Asset Class | International Equity |
| Broad Category | Equity |
| Global Peer Group | Equity Global |
| Peer Group | Global Funds |
| Global Macro | Equity Global |
| US Macro | Developed Global Markets Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Global Funds |
| Fund Owner Firm Name | Highland Capital Mgt |
| Broad Asset Class Benchmark Index | |
| ^MSACXUSNTR | 100.0% |