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

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) declared a monthly dividend on Friday, November 1st,Zacks Dividends reports. Investors 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 annualized dividend and a yield of 8.79%. The ex-dividend date of this dividend is Friday, November 22nd.

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

Shares of Highland Funds I – Highland Opportunities and Income Fund stock opened at $5.19 on Thursday. Highland Funds I – Highland Opportunities and Income Fund has a 52 week low of $5.18 and a 52 week high of $8.93. The company has a 50 day moving average price of $5.87 and a 200 day moving average price of $6.06.

Highland Funds I – Highland Opportunities and Income Fund Company Profile

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.