Highland Funds I - Highland Opportunities and Income Fund (HFRO)Financial Services | Asset Management | Dallas, United States | NYSE
6.11 USD
+0.02
(0.328%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 6.11 Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★★ |
Hot Take | April 11, 2026, 4:16 p.m. EDT
HFRO is a closed-end fund (CEF) with a high dividend yield of 7.91%, which is attractive for income-focused investors. However, the fund's trailing EPS is negative, indicating potential financial stress. The recent price history shows volatility, with a recent increase to $5.84, but the 52-week low is $4.76, suggesting a potential buying opportunity. The dividend payouts have been consistent, with monthly distributions of $0.039, which supports a strong dividend star rating. The fund's performance may be impacted by its exposure to real estate and the current high-interest rate environment. While the short-term forecast suggests a slight decline, the long-term outlook remains cautiously optimistic due to the stable dividend and potential for recovery. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.044171 |
| AutoETS | 0.044179 |
| AutoARIMA | 0.044179 |
| MSTL | 0.046324 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 42% |
| H-stat | 16.29 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.182 |
| Excess Kurtosis | -1.34 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-04-22 |
| Last Dividend Date | 2026-03-23 |
| Market Cap | 338,422,336 |
| Previous Name | Highland Funds I - Highland Income Fund |
| Website | https://www.highlandfunds.com/Funds---Performance/Mutual-Funds/Alternative-Investment/Floating-Rate-Opportunities |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.68% | 8.42% | 10.03% | 10.76% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-24 | 0.039 | 0.681818 |
| 2026-02-20 | 0.039 | 0.619372 |
| 2026-01-23 | 0.039 | 0.639285 |
| 2025-12-24 | 0.039 | 0.671553 |
| 2025-11-21 | 0.039 | 0.670296 |
| 2025-10-24 | 0.039 | 0.628356 |
| 2025-09-23 | 0.039 | 0.598579 |
| 2025-08-22 | 0.039 | 0.664870 |
| 2025-07-24 | 0.039 | 0.788830 |
| 2025-06-23 | 0.039 | 0.794751 |
| 2025-05-23 | 0.039 | 0.827820 |
| 2025-04-23 | 0.039 | 0.837607 |
| 2025-03-24 | 0.039 | 0.799571 |
| 2025-02-21 | 0.039 | 0.763657 |
| 2025-01-24 | 0.039 | 0.763409 |
| 2024-12-24 | 0.039 | 0.827631 |
| 2024-11-22 | 0.039 | 0.822791 |
| 2024-10-24 | 0.039 | 0.773394 |
| 2024-09-23 | 0.039 | 0.707623 |
| 2024-08-23 | 0.039 | 0.745497 |
| 2024-07-24 | 0.039 | 0.747889 |
| 2024-06-21 | 0.039 | 0.747732 |
| 2024-05-23 | 0.039 | 0.699144 |
| 2024-04-22 | 0.039 | 0.701181 |
| 2024-03-20 | 0.039 | 0.732548 |
| 2024-02-21 | 0.039 | 0.707710 |
| 2024-01-23 | 0.039 | 0.632454 |
| 2023-12-21 | 0.077 | 1.178229 |
| 2023-11-21 | 0.077 | 1.111425 |
| 2023-10-23 | 0.077 | 1.321915 |
| 2023-09-21 | 0.077 | 1.170011 |
| 2023-08-23 | 0.077 | 1.183834 |
| 2023-07-21 | 0.077 | 1.117753 |
| 2023-06-22 | 0.077 | 1.067342 |
| 2023-05-22 | 0.077 | 1.162781 |
| 2023-04-20 | 0.077 | 1.166393 |
| 2023-03-23 | 0.077 | 1.084987 |
| 2023-02-17 | 0.077 | 0.990975 |
| 2023-01-20 | 0.077 | 0.967921 |
| 2022-12-22 | 0.077 | 0.963085 |
| 2022-11-22 | 0.077 | 0.904619 |
| 2022-10-21 | 0.077 | 0.980361 |
| 2022-09-22 | 0.077 | 0.919754 |
| 2022-08-23 | 0.077 | 0.899145 |
| 2022-07-21 | 0.077 | 0.908146 |
| 2022-06-22 | 0.077 | 0.993321 |
| 2022-05-23 | 0.077 | 0.931031 |
| 2022-04-21 | 0.077 | 0.917390 |
| 2022-03-23 | 0.077 | 0.939379 |
| 2022-02-17 | 0.077 | 0.948928 |
| 2022-01-21 | 0.077 | 1.014945 |
| 2021-12-22 | 0.077 | 0.992929 |
| 2021-11-22 | 0.077 | 0.998032 |
| 2021-10-21 | 0.077 | 1.005776 |
| 2021-09-22 | 0.077 | 1.048197 |
| 2021-08-23 | 0.077 | 1.059644 |
| 2021-07-22 | 0.077 | 1.101891 |
| 2021-06-22 | 0.077 | 1.120740 |
| 2021-05-20 | 0.077 | 1.020318 |
| 2021-04-22 | 0.077 | 1.023632 |
| 2021-03-23 | 0.077 | 1.094326 |
| 2021-02-18 | 0.077 | 1.114457 |
| 2021-01-21 | 0.077 | 1.177466 |
| 2020-12-21 | 0.077 | 1.193390 |
| 2020-11-20 | 0.077 | 1.393415 |
| 2020-10-23 | 0.077 | 1.531758 |
| 2020-09-21 | 0.077 | 1.464291 |
| 2020-08-24 | 0.077 | 1.391979 |
| 2020-07-23 | 0.077 | 1.607732 |
| 2020-06-22 | 0.077 | 1.552490 |
| 2020-05-21 | 0.077 | 1.638618 |
| 2020-04-22 | 0.077 | 1.500320 |
| 2020-03-23 | 0.077 | 1.564284 |
| 2020-02-20 | 0.077 | 1.047268 |
| 2020-01-23 | 0.077 | 1.057027 |
| 2019-12-20 | 0.077 | 1.082389 |
| 2019-11-19 | 0.077 | 1.156448 |
| 2019-10-23 | 0.077 | 1.138717 |
| 2019-09-20 | 0.077 | 1.028747 |
| 2019-08-22 | 0.077 | 1.046550 |
| 2019-07-23 | 0.077 | 1.026877 |
| 2019-06-20 | 0.077 | 1.029690 |
| 2019-05-22 | 0.077 | 1.051934 |
| 2019-04-22 | 0.077 | 1.039237 |
| 2019-03-21 | 0.077 | 1.034412 |
| 2019-02-20 | 0.077 | 1.033421 |
| 2019-01-23 | 0.077 | 1.043052 |
| 2018-12-20 | 0.077 | 1.119177 |
| 2018-11-20 | 0.077 | 0.971573 |
| 2018-10-22 | 0.077 | 0.942988 |
| 2018-09-20 | 0.077 | 0.945287 |
| 2018-08-22 | 0.077 | 0.933694 |
| 2018-07-20 | 0.077 | 0.930625 |
| 2018-06-21 | 0.077 | 0.942900 |
| 2018-05-22 | 0.077 | 0.937407 |
| 2018-04-20 | 0.077 | 0.938414 |
| 2018-03-21 | 0.077 | 0.937077 |
| 2018-02-20 | 0.077 | 0.974973 |
| 2018-01-22 | 0.077 | 0.971712 |
| 2017-12-21 | 0.077 | 0.986631 |
| 2017-11-27 | 0.077 | 1.007850 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.23780489 |
| Address1 | 300 Crescent Court |
| Address2 | Suite 700 |
| All Time High | 16.6 |
| All Time Low | 4.24 |
| Ask | 6.13 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 145,580 |
| Average Daily Volume3 Month | 117,827 |
| Average Volume | 117,827 |
| Average Volume10Days | 145,580 |
| Bid | 6.0 |
| Bid Size | 1,500 |
| City | Dallas |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 6.11 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 6.19 |
| Day Low | 6.11 |
| Dividend Date | 1,548,892,800 |
| Dividend Rate | 0.46 |
| Dividend Yield | 7.59 |
| Ebitda Margins | 0.0 |
| Eps Trailing Twelve Months | -0.5 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,776,902,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.983 |
| Fifty Day Average Change | 0.12700033 |
| Fifty Day Average Change Percent | 0.021226866 |
| Fifty Two Week Change Percent | 23.780489 |
| Fifty Two Week High | 6.83 |
| Fifty Two Week High Change | -0.7199998 |
| Fifty Two Week High Change Percent | -0.105417244 |
| Fifty Two Week Low | 4.761 |
| Fifty Two Week Low Change | 1.349 |
| Fifty Two Week Low Change Percent | 0.28334382 |
| Fifty Two Week Range | 4.761 - 6.83 |
| First Trade Date Milliseconds | 1,509,978,600,000 |
| Five Year Avg Dividend Yield | 9.21 |
| Full Exchange Name | NYSE |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.03774 |
| Held Percent Institutions | 0.85513 |
| Implied Shares Outstanding | 55,388,271 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Language | en-US |
| Last Dividend Date | 1,774,310,400 |
| Last Dividend Value | 0.039 |
| Long Business Summary | 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. The fund seeks to invest in below investment grade securities. It also invests through derivatives. The fund benchmarks the performance of its portfolio against the Credit Suisse Leveraged Loan Index. It was formerly known as Highland Funds I - Highland Income Fund. Highland Funds I - Highland Opportunities and Income Fund was formed on January 13, 2000 and is domiciled in the United States. |
| Long Name | Highland Funds I - Highland Opportunities and Income Fund |
| Market | us_market |
| Market Cap | 338,422,336 |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_133902779 |
| Name Change Date | 2,026-04-16 |
| Non Diluted Market Cap | 337,314,570 |
| Open | 6.13 |
| Operating Margins | 0.0 |
| Payout Ratio | 2.1 |
| Phone | 214 276 6300 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 6.11 |
| Post Market Time | 1,776,462,781 |
| Prev Name | Highland Funds I - Highland Income Fund |
| Previous Close | 6.09 |
| Price Hint | 2 |
| Profit Margins | 0.0 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.02 |
| Regular Market Change Percent | 0.328407 |
| Regular Market Day High | 6.19 |
| Regular Market Day Low | 6.11 |
| Regular Market Day Range | 6.11 - 6.19 |
| Regular Market Open | 6.13 |
| Regular Market Previous Close | 6.09 |
| Regular Market Price | 6.11 |
| Regular Market Time | 1,776,456,002 |
| Regular Market Volume | 63,112 |
| Sand P52 Week Change | 0.36506534 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 55,388,271 |
| Shares Percent Shares Out | 0.0001 |
| Shares Short | 7,660 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 43,149 |
| Short Name | Highland Floating Rate Opportun |
| Short Percent Of Float | 0.00029999999 |
| Short Ratio | 0.1 |
| Source Interval | 15 |
| State | TX |
| Symbol | HFRO |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.5 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 6.057695 |
| Two Hundred Day Average Change | 0.05230522 |
| Two Hundred Day Average Change Percent | 0.008634509 |
| Type Disp | Equity |
| Volume | 63,112 |
| Website | https://www.highlandfunds.com/Funds---Performance/Mutual-Funds/Alternative-Investment/Floating-Rate-Opportunities |
| Zip | 75,201 |