Highland Global Allocation FundHGLB
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 Q3 regulatory filings by fund managers ($100M+ AUM)
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
3.88% less ownership
Funds ownership: 32.18% [Q2] → 28.3% (-3.88%) [Q3]
8% less capital invested
Capital invested by funds: $55.4M [Q2] → $50.7M (-$4.68M) [Q3]
21% less funds holding
Funds holding: 38 [Q2] → 30 (-8) [Q3]
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Research analyst outlook
We haven’t received any recent analyst ratings for HGLB.