Highland Funds I – Highland Opportunities and Income Fund Announces Monthly Dividend of $0.04 (NYSE:HFRO)

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFROGet Free Report) announced a monthly dividend on Monday, April 1st, Zacks reports. Stockholders of record on Tuesday, April 23rd will be given a dividend of 0.038 per share on Tuesday, April 30th. This represents a $0.46 annualized dividend and a dividend yield of 7.16%. The ex-dividend date is Monday, April 22nd.

Highland Funds I – Highland Opportunities and Income Fund Trading Down 0.3 %

Shares of NYSE:HFRO opened at $6.37 on Friday. Highland Funds I – Highland Opportunities and Income Fund has a twelve month low of $5.92 and a twelve month high of $9.38. The company has a 50-day moving average price of $6.51 and a two-hundred day moving average price of $7.26.

Institutional Investors Weigh In On Highland Funds I – Highland Opportunities and Income Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Thomas J. Herzfeld Advisors Inc. grew its position in Highland Funds I – Highland Opportunities and Income Fund by 19.3% during the first quarter. Thomas J. Herzfeld Advisors Inc. now owns 2,936,570 shares of the company’s stock valued at $25,812,000 after acquiring an additional 475,588 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Highland Funds I – Highland Opportunities and Income Fund by 45.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,393,258 shares of the company’s stock worth $10,714,000 after purchasing an additional 432,353 shares during the last quarter. Nations Financial Group Inc. IA ADV bought a new position in shares of Highland Funds I – Highland Opportunities and Income Fund in the first quarter worth approximately $4,851,000. Creative Planning bought a new position in shares of Highland Funds I – Highland Opportunities and Income Fund in the fourth quarter worth approximately $813,000. Finally, UBS Group AG grew its holdings in shares of Highland Funds I – Highland Opportunities and Income Fund by 411.8% in the second quarter. UBS Group AG now owns 100,943 shares of the company’s stock worth $1,137,000 after purchasing an additional 81,220 shares during the last quarter.

About Highland Funds I – Highland Opportunities and Income Fund

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Highland Funds I – Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships.

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Dividend History for Highland Funds I - Highland Opportunities and Income Fund (NYSE:HFRO)

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