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

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) announced a monthly dividend on Friday, November 1st,Zacks Dividends reports. Shareholders of record on Friday, November 22nd will be given 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 8.64%. The ex-dividend date is Friday, November 22nd.

Highland Funds I – Highland Opportunities and Income Fund Trading Down 1.1 %

Shares of Highland Funds I – Highland Opportunities and Income Fund stock traded down $0.06 during trading hours on Wednesday, hitting $5.28. The company had a trading volume of 78,966 shares, compared to its average volume of 281,668. The company’s 50-day moving average is $5.89 and its two-hundred day moving average is $6.07. Highland Funds I – Highland Opportunities and Income Fund has a twelve month low of $5.27 and a twelve month 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.