Highland Opportunities and Income FundHFRO
Market Cap: $397M
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
2.05% less ownership
Funds ownership: 47.72% [Q1] → 45.67% (-2.05%) [Q2]
6% less funds holding
Funds holding: 103 [Q1] → 97 (-6) [Q2]
16% less capital invested
Capital invested by funds: $228M [Q1] → $191M (-$37.6M) [Q2]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
33% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 18
Research analyst outlook
We haven’t received any recent analyst ratings for HFRO.