Highland Funds I - Highland Opportunities and Income Fund (HFRO) Stock Price, News & Analysis

Company Overview

Highland Funds I – Highland Opportunities and Income Fund (NYSE: HFRO) is a diversified, closed-end management investment company designed to seek total return with an emphasis on current income. The fund pursues its objective by investing primarily in a broad range of credit instruments, including senior secured loans, high-yield corporate bonds, distressed debt and other special situation opportunities. In addition to its credit allocations, HFRO may also invest in equity securities, convertible instruments and derivative instruments to hedge risk or enhance yield.

Since commencing operations in 2006, Highland Opportunities and Income Fund has employed an opportunistic, value-oriented strategy to capitalize on market dislocations and mispriced assets. The fund’s portfolio managers conduct fundamental credit analysis and leverage the resources of Highland Capital Management’s research platform to position the portfolio across market cycles. This approach allows the fund to dynamically adjust its exposure between income-producing debt and higher-upside equity or hybrid securities.

The fund is managed by Highland Capital Management Fund Advisors, L.P., an affiliate of Highland Capital Management, L.P., a Dallas-based investment manager founded in 1993. Highland Capital Management is known for its expertise in credit and alternative investment strategies, serving institutional and individual investors across the United States. HFRO benefits from the firm’s deep credit research capabilities and global network of investment professionals.

Highland Opportunities and Income Fund primarily serves U.S. investors seeking access to a diversified portfolio of credit and special situations investments within a closed-end structure. The fund’s investment team regularly evaluates opportunities across North America and selectively in other regions, aiming to deliver attractive risk-adjusted returns and a steady income stream over the long term.

Key Stats

• Today's Range: $6.22 to $6.29
• 50-Day Range: $5.49 to $6.29
• 52-Week Range: $4.94 to $6.83
• Volume: 154,549 shs
• Average Volume: 122,050 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 7.98%
• Price Target: N/A
• Consensus Rating: N/A

Company Calendar

• Record date for 4/30 Dividend: 4/23/2026
• Ex-Dividend for 4/30 Dividend: 4/23/2026
• Dividend Payable: 4/30/2026
• Today: 5/21/2026
• Record date for 5/29 Dividend: 5/22/2026
• Ex-Dividend for 5/29 Dividend: 5/22/2026
• Dividend Payable: 5/29/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:HFRO
• CIK: 1710680
• Web: www.highlandfunds.com
• Phone: 214-276-6300
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: -$5.59 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A