Highland Global Allocation Fund (HGLB) To Go Ex-Dividend on October 23rd

Highland Global Allocation Fund (NASDAQ:HGLB) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Friday, October 23rd will be paid a dividend of $0.0850 per share on Friday, October 30th. This represents a $1.02 dividend on an annualized basis and a yield of 15.6%. The ex-dividend date of this dividend is Friday, October 23rd.

Highland Global Allocation Fund Stock Performance

NASDAQ:HGLB opened at $6.53 on Wednesday. Highland Global Allocation Fund has a 12-month low of $6.32 and a 12-month high of $10.64. The business has a 50 day simple moving average of $7.10 and a 200 day simple moving average of $7.57.

About Highland Global Allocation Fund

Highland Global Allocation Fund (NASDAQ: HGLB) is a closed-end investment fund that seeks to provide investors with total return through a globally diversified portfolio of securities. The fund allocates assets among investments in the United States and international markets, including both developed and emerging economies.

Its portfolio may include common stocks, preferred stocks, corporate and government debt securities, high-yield bonds, and other income-producing investments. The fund may also use derivatives and other investment strategies to manage exposure to markets, currencies, interest rates, and credit risk.

Highland Global Allocation Fund is advised by an affiliate of Highland Capital Management, an investment management firm known for managing alternative and income-oriented strategies.