Highland Funds I – Highland Opportunities and Income Fund (HFRO) To Go Ex-Dividend on November 23rd

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) declared a monthly dividend on Monday, November 2nd. Shareholders of record on Monday, November 23rd will be paid a dividend of $0.0385 per share on Monday, November 30th. This represents a $0.46 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Monday, November 23rd.

Highland Funds I – Highland Opportunities and Income Fund Price Performance

HFRO opened at $6.24 on Wednesday. Highland Funds I – Highland Opportunities and Income Fund has a fifty-two week low of $5.47 and a fifty-two week high of $7.74. The stock has a fifty day moving average of $6.76 and a 200-day moving average of $6.60.

About Highland Funds I – Highland Opportunities and Income Fund

Highland Opportunities and Income Fund (NYSE: HFRO) is a closed-end investment fund designed to pursue total return through a combination of current income and capital appreciation. The fund invests in a flexible portfolio of income-producing and opportunistic assets rather than operating as a traditional business.

Its portfolio may include corporate loans, bonds, structured credit investments, preferred securities, common stocks and other debt or equity instruments. The fund can invest across a range of industries and may allocate capital to both public and private-market opportunities, including investments issued by companies in the United States and other countries.

Highland Opportunities and Income Fund is advised by an affiliate of Highland Capital Management, an investment-management firm with experience in alternative credit and income-oriented strategies.