Highland Global Allocation Fund (NASDAQ:HGLB – Get Free Report) declared a monthly dividend on Wednesday, April 1st. Investors of record on Thursday, April 23rd will be paid a dividend of 0.085 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date is Thursday, April 23rd.
Highland Global Allocation Fund Trading Up 0.1%
Highland Global Allocation Fund stock traded up $0.01 during trading hours on Tuesday, reaching $8.36. 8,340 shares of the stock were exchanged, compared to its average volume of 71,168. The stock has a 50 day moving average of $8.46 and a two-hundred day moving average of $9.11. Highland Global Allocation Fund has a twelve month low of $7.23 and a twelve month high of $10.64.
Highland Global Allocation Fund Company Profile
The Highland Global Allocation Fund (NASDAQ:HGLB) is a diversified, closed-end interval fund that seeks to provide total return through a combination of current income and capital appreciation. Managed by Highland Capital Management, the fund pursues a multi-asset strategy, allocating across global equities, fixed income instruments, and alternative investments. Its flexible mandate allows the portfolio team to shift exposures between regions and asset classes in response to changing market conditions.
The fund’s investment approach emphasizes risk management and diversification.
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