Highland Global Allocation Fund Declares Monthly Distribution of $0.085 per Share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- Monthly Distribution: Highland Global Allocation Fund has declared a monthly distribution of $0.085 per share for January through March 2026, resetting the annual distribution rate to 8.5%, aimed at providing shareholders with stable cash flow.
- Distribution Policy: The Fund's distribution policy, implemented in March 2019, ensures annual adjustments to the distribution amount based on the average net asset value, allowing it to respond to market fluctuations effectively.
- Investor Options: Shareholders have the option to reinvest distributions through the Dividend Reinvestment Plan or opt for cash payments, providing flexibility in managing their returns.
- Market Risks: The Fund's ability to maintain distributions is influenced by market conditions, which may necessitate selling assets under unfavorable circumstances to uphold distribution levels, highlighting its vulnerability in uncertain market environments.
Analyst Views on HGLB
Wall Street analysts forecast HGLB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HGLB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
