Highland Funds I – Highland Opportunities and Income Fund Plans Monthly Dividend of $0.04 (NYSE:HFRO)

Posted by Patrick Bannon on Mar 4th, 2025

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Get Free Report) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Monday, March 24th will be paid a dividend of 0.0385 per share on Monday, March 31st. This represents a $0.46 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date of this dividend is Monday, March 24th.

Highland Funds I – Highland Opportunities and Income Fund has decreased its dividend payment by an average of 20.6% annually over the last three years.

Highland Funds I – Highland Opportunities and Income Fund Stock Performance

NYSE:HFRO traded down $0.14 during trading hours on Tuesday, reaching $5.69. The company’s stock had a trading volume of 231,498 shares, compared to its average volume of 278,605. The stock has a 50 day moving average price of $5.59 and a two-hundred day moving average price of $5.75. Highland Funds I – Highland Opportunities and Income Fund has a 12 month low of $5.11 and a 12 month high of $7.05.

Hedge Funds Weigh In On Highland Funds I – Highland Opportunities and Income Fund

A hedge fund recently bought a new stake in Highland Funds I – Highland Opportunities and Income Fund stock. Bank of America Corp DE purchased a new position in Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 19,245 shares of the company’s stock, valued at approximately $100,000.

About Highland Funds I – Highland Opportunities and Income Fund

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Highland Funds I – Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships.