Highland Opportunities and Income Fund (HFRO)

• Market cap: $362M
• 1 day: -1.08%
• 5 days: -1.62%
• 1 month: -7.59%
• 3 months: -6.00%
• 6 months: -14.24%
• Year to date: -30.63%
• 1 year: -30.54%
• 5 years: -53.76%
• 10 years: -64.65%

About: Highland Opportunities and Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to Income Fund seeks growth of capital along with income. The company's portfolio of investments includes different industry investments such as Financial, Communication Services, Energy, Healthcare, Materials, and others.

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

75% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 24

1.97% less ownership

Funds ownership: 53.2% [Q1] → 51.22% (-1.97%) [Q2]

5% less funds holding

Funds holding: 103 [Q1] → 98 (-5) [Q2]

16% less capital invested

Capital invested by funds: $255M [Q1] → $214M (-$40.6M) [Q2]

28% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 18

33% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]