Highland Global Allocation Fund (HGLB) To Go Ex-Dividend on March 24th

Highland Global Allocation Fund (NASDAQ:HGLB) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Tuesday, March 24th will be given a dividend of 0.085 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 12.4%. The ex-dividend date is Tuesday, March 24th.

Highland Global Allocation Fund Price Performance

Highland Global Allocation Fund stock opened at $8.20 on Friday. The company’s 50 day simple moving average is $8.79 and its 200-day simple moving average is $9.23. Highland Global Allocation Fund has a 1 year low of $6.62 and a 1 year 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.