HFRO
Highland Opportunities and Income FundHFRO
HFRO
About: Highland Opportunities and Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to Income Fund seeks growth of capital along with income. It focuses on making investments in real estate securities, including Reits, secured and unsecured fixed-rate loans and corporate bonds, mezzanine securities, structured products, convertible and preferred securities and equities (public and private), and floating rate securities.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
2.84% less ownership
Funds ownership: 42.48% [Q4 2024] → 39.64% (-2.84%) [Q1 2025]
17% less funds holding
Funds holding: 110 [Q4 2024] → 91 (-19) [Q1 2025]
33% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 39
35% less capital invested
Capital invested by funds: $208M [Q4 2024] → $135M (-$73.2M) [Q1 2025]
64% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 22
Research analyst outlook
We haven’t received any recent analyst ratings for HFRO.
Financial journalist opinion
Based on 4 articles about HFRO published over the past 30 days
Neutral
PRNewsWire
3 days ago
Highland Opportunities and Income Fund Announces Investor Update Call
DALLAS , June 12, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") announced today that the Fund is scheduled to host a conference call on Thursday, June 26, 2025, at 10:00 a.m. CT, to discuss portfolio updates and recent performance.
Positive
Seeking Alpha
1 week ago
HFRO: Controversial Fund, But May Be Too Cheap With A Massive Discount To NAV
HFRO trades at a massive 57%+ discount due to illiquid assets, management concerns, and a controversial distribution cut. The fund's real estate-heavy, complex portfolio and persistent NAV discount create both risk and unique trading opportunities for active investors. Alpha can be generated from the high discount and 9%+ distribution yield, especially if management resumes aggressive share buybacks.
Negative
Seeking Alpha
1 week ago
HFRO.PR.B: Is High Single Digit Yield Sufficient For These CEF Preferreds? Maybe
HFRO is a distressed CEF with illiquid, real estate-heavy holdings, making its true asset value likely much lower upon an exit. Series B preferred shares offer asset coverage covenants, but these are weakened by illiquid assets and potential mark-to-market losses in a downturn. A recession and housing market crash could trigger significant losses and a fund liquidation, with preferred shareholders facing a 50% loss given default in our base case.
Neutral
PRNewsWire
1 week ago
Highland Opportunities and Income Fund Announces the Regular Monthly Distribution
DALLAS , June 2, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0385 per share. The distribution will be payable on June 30, 2025, to shareholders of record at the close of business June 23, 2025.
Neutral
PRNewsWire
1 month ago
Highland Opportunities and Income Fund Announces the Regular Monthly Distribution
DALLAS , May 1, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0385 per share. The distribution will be payable on May 30, 2025, to shareholders of record at the close of business May 23, 2025.
Neutral
Seeking Alpha
1 month ago
The Triple-Factor Closed-End Fund Report, April 2025
The Triple-Factor screen identifies closed-end funds with >8% yield, >90% coverage, and trading at a discount to NAV, balancing yield, sustainability, and value. Key metrics: premium/discount, z-score, leverage, baseline expense, and coverage. Focus on funds with wide discounts, negative z-scores, and high yields. Explore top lists for further research; these shortlists are not final buy/sell recommendations. Always verify coverage ratios with official fund documents.
Neutral
PRNewsWire
2 months ago
Highland Opportunities and Income Fund Announces the Regular Monthly Distribution
DALLAS , April 1, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0385 per share. The distribution will be payable on April 30, 2025, to shareholders of record at the close of business April 23, 2025.
Positive
Seeking Alpha
2 months ago
New Preferred Stock IPOs, March 2025
We tracked six new preferred stock and exchange traded debt offerings with yields from 6.15% to 10%, highlighting their CDx3 Compliance Scores. Oxford Lane Capital Corp.'s new exchange notes (OXLCG) achieved a perfect CDx3 Compliance Score, offering a 7.95% fixed coupon and a BBB+ rating. Preferred stock IPOs often trade temporarily on the OTC, allowing investors to buy shares at wholesale prices before they move to retail exchanges.
Neutral
Seeking Alpha
2 months ago
Triple-Factor Closed-End Fund Report, March 2025
The Triple-Factor screen identifies CEFs with yields >8%, coverage >90%, and trading at a discount to NAV, balancing yield, sustainability, and value. Coverage is calculated using trailing estimates from fund houses like PIMCO, BlackRock, Nuveen, and Eaton Vance, or from semi-annual reports. The report ranks funds by widest discounts, best z-scores, highest yields, and best combined metrics, providing fertile grounds for further exploration.
Neutral
Seeking Alpha
2 months ago
Income-Covered Closed-End Fund Report, March 2025
The Income-Covered CEF Report screens funds with >100% distribution coverage, reducing the risk of distribution cuts and potential price declines. Key metrics: premium/discount, z-score, leverage, baseline expense, and coverage. Focus on funds with wide discounts, negative z-scores, and high yields. Explore top lists for further research; these shortlists are not final buy/sell recommendations. Always verify coverage ratios with official fund documents.
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