Highland Global Allocation Fund (HGLB) Research

Highland Global Allocation Fund (HGLB) is structured as a closed-end investment vehicle. Its primary objective is to foster sustained capital appreciation and generate a steady stream of income over the long term. The fund accomplishes these goals by strategically deploying capital into a diverse portfolio comprising both domestic and international equities, fixed-income instruments, and money market assets. Established on April 9, 2013, its principal operations are based in Dallas, Texas.

Market snapshot

Symbol
HGLB
Price
$7.72
Day change
-0.52%
Market cap
$182.1M
P/E ratio
2.70x
52-week range
7.53-10.64
Sector
Financial Services
Industry
Asset Management - Global

Peer companies

  • Dunham Monthly Distribution Fund (DNMDX)
  • Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (EOD)
  • Clough Global Opportunities Fund (GLO)
  • Hennessy Small Cap Financial Fund (HSFNX)
  • RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (OPP)
  • Cohen & Steers Select Preferred and Income Fund, Inc. (PSF)
  • RiverNorth Opportunities Fund, Inc. (RIV)
  • Cohen & Steers Real Estate Opportunities Income Fund (RLTY)

Recent insider activity

  • Powell Ethan — P-Purchase (6750 shares) on 2024-06-28
  • Froehlich Robert J — S-Sale (1391 shares) on 2022-12-05
  • McWhorter Dorri — trade (0 shares) on 2022-05-01
  • Corrie Pamela B — trade (0 shares) on 2022-01-01
  • Vitiello Stephanie — trade (0 shares) on 2021-11-13

Open Highland Global Allocation Fund (HGLB) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.