Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Get Free Report) shares rose 1% on Wednesday . The stock traded as high as $6.06 and last traded at $6.04. Approximately 137,675 shares traded hands during trading, a decline of 56% from the average daily volume of 312,548 shares. The stock had previously closed at $5.98.
Highland Funds I – Highland Opportunities and Income Fund Stock Performance
The company’s 50-day moving average is $6.35 and its two-hundred day moving average is $6.74.
Highland Funds I – Highland Opportunities and Income Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 21st will be given a dividend of $0.038 per share. The ex-dividend date is Friday, June 21st. This represents a $0.46 annualized dividend and a yield of 7.30%.
Institutional Inflows and Outflows
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.
Featured Articles
- Five stocks we like better than Highland Funds I – Highland Opportunities and Income Fund
- What is a Death Cross in Stocks?
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- 5 Top Rated Dividend Stocks to Consider
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- Consumer Staples Stocks, Explained
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for Highland Funds I - Highland Opportunities and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highland Funds I - Highland Opportunities and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.