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:HFRO) declared a monthly dividend on Friday, November 1st,Zacks Dividends reports. Shareholders of record on Friday, November 22nd will be paid a dividend of 0.038 per share on Friday, November 29th. This represents a $0.46 dividend on an annualized basis and a yield of 8.79%. The ex-dividend date is Friday, November 22nd.

Highland Funds I – Highland Opportunities and Income Fund Trading Down 2.8 %

Shares of Highland Funds I – Highland Opportunities and Income Fund stock opened at $5.19 on Thursday. The firm has a 50-day simple moving average of $5.87 and a two-hundred day simple moving average of $6.06. Highland Funds I – Highland Opportunities and Income Fund has a fifty-two week low of $5.18 and a fifty-two week high of $8.93.

About Highland Funds I – Highland Opportunities and Income Fund

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.