Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Plans Monthly Dividend of $0.04

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

Highland Funds I – Highland Opportunities and Income Fund Price Performance

Shares of Highland Funds I – Highland Opportunities and Income Fund stock traded up $0.08 during trading on Tuesday, hitting $6.54. 11,957 shares of the company were exchanged, compared to its average volume of 223,595. Highland Funds I – Highland Opportunities and Income Fund has a 1-year low of $4.24 and a 1-year high of $6.83. The firm’s fifty day moving average price is $6.41 and its 200 day moving average price is $5.69.

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.