Highland Funds I – Highland Opportunities and Income Fund (HFRO) to Issue Monthly Dividend of $0.04 on November 28th

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) announced a monthly dividend on Monday, November 3rd. Shareholders of record on Friday, November 21st will be given a dividend of 0.0385 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date is Friday, November 21st.

Highland Funds I – Highland Opportunities and Income Fund Stock Up 0.5%

HFRO stock opened at $6.49 on Wednesday. Highland Funds I – Highland Opportunities and Income Fund has a one year low of $4.24 and a one year high of $6.83. The firm has a 50-day moving average of $6.42 and a two-hundred day moving average of $5.70.

Institutional Trading of Highland Funds I – Highland Opportunities and Income Fund

Hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 5.5% in the third quarter. Envestnet Asset Management Inc. now owns 1,822,324 shares of the company’s stock worth $11,572,000 after purchasing an additional 95,314 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 109.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,090,325 shares of the company’s stock worth $5,675,000 after purchasing an additional 569,487 shares in the last quarter. Matisse Capital lifted its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 5.8% in the second quarter. Matisse Capital now owns 617,000 shares of the company’s stock worth $3,208,000 after purchasing an additional 33,613 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 0.6% in the first quarter. Nations Financial Group Inc. IA ADV now owns 358,315 shares of the company’s stock worth $1,863,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of Highland Funds I – Highland Opportunities and Income Fund by 0.8% in the second quarter. Osaic Holdings Inc. now owns 307,417 shares of the company’s stock worth $1,599,000 after purchasing an additional 2,393 shares in the last quarter.

Highland Funds I – Highland Opportunities and Income Fund Company Profile

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.