Highland Global Allocation Fund (HGLB) To Go Ex-Dividend on August 24th

by · The Cerbat Gem

Highland Global Allocation Fund (NASDAQ:HGLB – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Monday, August 24th will be paid a dividend of 0.085 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 13.4%. The ex-dividend date is Monday, August 24th.

Highland Global Allocation Fund Price Performance

NASDAQ HGLB opened at $7.59 on Friday. The business’s 50 day moving average price is $7.53 and its 200-day moving average price is $8.05. Highland Global Allocation Fund has a fifty-two week low of $7.14 and a fifty-two week high of $10.64.

Highland Global Allocation Fund Company Profile

(Get Free Report)

The Highland Global Allocation Fund (NASDAQ:HGLB) is a diversified, closed-end interval fund that seeks to provide total return through a combination of current income and capital appreciation. Managed by Highland Capital Management, the fund pursues a multi-asset strategy, allocating across global equities, fixed income instruments, and alternative investments. Its flexible mandate allows the portfolio team to shift exposures between regions and asset classes in response to changing market conditions.

The fund’s investment approach emphasizes risk management and diversification.

See Also