HFRO
Highland Opportunities and Income FundHFRO
HFRO
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.
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
6% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 35
2% less funds holding
Funds holding: 98 [Q2] → 96 (-2) [Q3]
7.97% less ownership
Funds ownership: 51.22% [Q2] → 43.25% (-7.97%) [Q3]
17% less capital invested
Capital invested by funds: $214M [Q2] → $177M (-$36.8M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for HFRO.
Financial journalist opinion
Based on 3 articles about HFRO published over the past 30 days
Positive
Seeking Alpha
1 week ago
HFRO: 8% Yielding Preferreds Trading At A Discount To NAV
HFRO's investment-grade rated Series A Preferreds are currently trading at a 33% discount to their intrinsic value. The preferreds offer a compelling 8% yield on cost. This yield has been catalyzed by a rally in the long-term US 10-year Treasury yield. HFRO's common shares are trading at a material discount to net asset value, with efforts to reduce the gap ongoing.
Neutral
Seeking Alpha
1 week ago
Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025
The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.
Neutral
PRNewsWire
2 weeks ago
Highland Opportunities and Income Fund Announces the Regular Monthly Distribution
DALLAS , Jan. 2, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0385 per share. The distribution will be payable on January 31, 2025, to shareholders of record at the close of business January 24, 2025.
Positive
Seeking Alpha
1 month ago
Preferreds Weekly Review: HFRO Tees Up Another Preferred
We take a look at the action in preferreds and baby bonds through the first week of December and highlight some of the key themes we are watching. Preferred stocks showed mixed performance, but the sector has achieved a double-digit return year-to-date, outperforming loans and high-yield corporate bonds. Highland Opportunities and Income Fund's tender offer to exchange common shares for preferred shares could present a buying opportunity for preferreds investors below $17.
Neutral
PRNewsWire
1 month ago
Highland Opportunities and Income Fund Announces the Regular Monthly Distribution
DALLAS , Dec. 3, 2024 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0385 per share. The distribution will be payable on December 31, 2024, to shareholders of record at the close of business December 24, 2024.
Neutral
Seeking Alpha
1 month ago
HFRO: New Preferred Shares Aim To Narrow The Discount
HFRO's attempts to boost share price, including buybacks and a dedicated board committee, have failed. HFRO's new tender offer swaps common shares for preferred shares at a premium. Bold move. Let's see how that works for them.
Neutral
PRNewsWire
1 month ago
Highland Opportunities and Income Fund (HFRO) Announces Tender Offer for Common Shares in Exchange for up to $100 Million in Preferred Shares
DALLAS , Nov. 25, 2024 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") today announced its plan to conduct an issuer tender offer pursuant to Rule 13e-4 under the Securities Exchange Act of 1934 for its common shares ("Shares") with a maximum aggregate purchase price of $100 million, in exchange for Series B Preferred Shares (the "Tender Offer"). The expected exchange price for the Tender Offer is $10.00 per Share, which represents a significant premium to the current Share price.
Neutral
PRNewsWire
1 month ago
Highland Opportunities and Income Fund Announces Investor Update Call
DALLAS , Nov. 22, 2024 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") announced today that the Fund is scheduled to host a conference call on Wednesday, December 11, 2024, at 4:00 p.m. ET, to discuss portfolio updates and recent performance.
Neutral
PRNewsWire
2 months ago
Highland Opportunities and Income Fund Announces the Regular Monthly Distribution
DALLAS , Nov. 1, 2024 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0385 per share. The distribution will be payable on November 29, 2024, to shareholders of record at the close of business November 22, 2024.
Neutral
PRNewsWire
3 months ago
Highland Opportunities and Income Fund Announces the Regular Monthly Distribution
DALLAS , Oct. 1, 2024 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0385 per share. The distribution will be payable on October 31, 2024, to shareholders of record at the close of business October 24, 2024.
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