We are live on ! Find out more

Highland Opportunities and Income Fund

HFRO

Market cap $356M

6.44 USD

-0.03

0.46%

At close Updated Oct 30, 4:00 PM EDT

1 day

-0.46%

5 days

7.33%

1 month

-3.3%

3 months

-12.38%

6 months

3.54%

Year to date

7.15%

1 year

-0.77%

5 years

-43.16%

10 years

-58.45%

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.

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 22.2%

Neutral 66.7%

Negative 11.1%

Triple-Factor Closed-End Fund Report, October 2026: PIMCO Funds Fill The Yield List

Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, using data as of the close of October 9, 2026. PIMCO funds take six of the top seven spots on the yield list, as several that traded at premiums until recently have slipped to discounts. Among our model portfolio holdings, DHF appears on all five lists, and HFRO again has the widest discount at -43.06%.

Triple-Factor Closed-End Fund Report, October 2026: PIMCO Funds Fill The Yield List

Income-Covered Closed-End Fund Report, October 2026

Our Income-Covered screen looks for closed-end funds whose net investment income fully covers the distribution (coverage above 100%) while trading at a discount to NAV, using data as of the close of October 6, 2026. Twenty funds pass this month. Templeton Emerging Markets Income leads the combined yield, discount and z-score ranking, while HFRO has the widest discount at -42.44%. Our model portfolio holdings PFO, HFRO, PCN, PDO, RSF and BANX all make this month's lists, with PFO appearing on all five.

Income-Covered Closed-End Fund Report, October 2026

Highland Opportunities and Income Fund Announces the Regular Monthly Distribution

DALLAS, Oct. 1, 2026 /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 October 30, 2026, to shareholders of record at the close of business October 23, 2026.

Highland Opportunities and Income Fund Announces the Regular Monthly Distribution

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

Our Triple-Factor screen identifies closed-end funds combining a yield above 6.5%, distribution coverage above 90%, and a discount to NAV, screening over 400 CEFs as of the close of September 15, 2026. Portfolio holdings Highland Opportunities and Income (HFRO), BNY Mellon High Yield Strategies (DHF), PIMCO Dynamic Income Opportunities (PDO), and Blackstone Strategic Credit 2027 (BGB) all rank among this month's top lists. As a reminder, these top lists are meant to be preliminary shortlists for further research, and are not meant to be the final analysis for a buy or sell decision.

Triple-Factor Closed-End Fund Report, September 2026: HFRO's Discount Keeps Widening

Income-Covered Closed-End Fund Report, September 2026

Quantitative screens highlight fully-covered CEFs trading at wide discounts, negative z-scores, and high yields, offering both value and income potential. Metrics like premium/discount, coverage, leverage, and z-score are used to shortlist funds for further due diligence, not as final buy/sell recommendations. Funds such as EFT, PFO, and VBF rank highly across every discount, yield, and coverage screen this month, warranting closer investor attention.

Income-Covered Closed-End Fund Report, September 2026

Highland Opportunities and Income Fund Announces Investor Update Call

DALLAS, Sept. 2, 2026 /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, September 25, 2026, at 3:00 p.m.

Highland Opportunities and Income Fund Announces Investor Update Call

Highland Opportunities and Income Fund Announces the Regular Monthly Distribution

DALLAS, Sept. 1, 2026 /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.

Highland Opportunities and Income Fund Announces the Regular Monthly Distribution

A Simple Strategy To Get 6.5% Dividends From Surging Bond Yields

Let's talk about this latest pop in Treasury yields and what it really means for those of us looking to save for (and generate reliable income in!) retirement.

A Simple Strategy To Get 6.5% Dividends From Surging Bond Yields

Highland Opportunities and Income Fund Announces the Regular Monthly Distribution

DALLAS, Aug. 3, 2026 /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 August 31, 2026, to shareholders of record at the close of business August 24, 2026.

Highland Opportunities and Income Fund Announces the Regular Monthly Distribution

HFRO: Reassessing 8% Yield On Preferreds After Monetization Of Large Asset

Highland Income Fund faces activist pressure from Saba Capital, which has surpassed a 10% ownership stake. Saba Capital is pushing for larger buybacks to address HFRO's persistent discount to NAV. Recent developments include HFRO's first major monetization event, and the NAV discount has improved.

HFRO: Reassessing 8% Yield On Preferreds After Monetization Of Large Asset

See News Rankings

Price charts implemented using Lightweight Charts™