Highland Funds I – Highland Opportunities and Income Fund (HFRO) to Issue Monthly Dividend of $0.04 on September 30th

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.0385 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Wednesday, September 23rd.

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

NYSE:HFRO opened at $7.36 on Thursday. The stock has a 50 day moving average of $7.34 and a 200-day moving average of $6.62. Highland Funds I – Highland Opportunities and Income Fund has a 52 week low of $5.47 and a 52 week high of $7.69.

About Highland Funds I – Highland Opportunities and Income Fund

Highland Funds I – Highland Opportunities and Income Fund (NYSE: HFRO) is a diversified, closed-end management investment company designed to seek total return with an emphasis on current income. The fund pursues its objective by investing primarily in a broad range of credit instruments, including senior secured loans, high-yield corporate bonds, distressed debt and other special situation opportunities. In addition to its credit allocations, HFRO may also invest in equity securities, convertible instruments and derivative instruments to hedge risk or enhance yield.

Since commencing operations in 2006, Highland Opportunities and Income Fund has employed an opportunistic, value-oriented strategy to capitalize on market dislocations and mispriced assets.