Highland Opportunities and Income Fund Sets July Distribution
The Highland Opportunities and Income Fund, traded on the NYSE as HFRO, has declared a monthly cash distribution of $0.0385 per share. The payment is scheduled for distribution on July 31, 2026, to all shareholders who hold positions in the fund as of the close of business on July 24, 2026.
Managed by NexPoint Asset Management, the closed-end fund focuses on a blend of capital growth and income. Its portfolio strategy involves direct and indirect investment in real estate-linked securities, such as REITs and mezzanine debt, alongside a diverse array of fixed-rate loans, corporate bonds, and distressed assets. The fund also utilizes derivatives to gain exposure to various market instruments.
Investors should note that distributions may include a return of capital, and the fund's actual performance remains subject to market volatility. As a closed-end investment company, HFRO shares often trade at a discount to their net asset value, and the fund is intended primarily for long-term holding rather than short-term trading. Prospective investors are encouraged to review the prospectus and annual reports available through the NexPoint website or the SEC to understand the risks associated with high-yield securities and real estate industry exposure.
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