Highland Global Allocation FundHGLB
Market Cap: $176M
About: Highland Global Allocation Fund is a diversified, closed-end management investment company. The investment objective of the Fund is to seek long-term growth of capital and future income. The Fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt, and money market securities. It may also invest in senior loans to domestic or foreign corporations, partnerships, and other entities that operate in a variety of industries and geographic regions.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0% more funds holding
Funds holding: 38 [Q1] → 38 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.96% less ownership
Funds ownership: 29.32% [Q1] → 28.36% (-0.96%) [Q2]
4% less capital invested
Capital invested by funds: $50.6M [Q1] → $48.8M (-$1.84M) [Q2]
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
Research analyst outlook
We haven’t received any recent analyst ratings for HGLB.