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Highland Global Allocation Fund (HGLB)

Financial Services | Asset Management | Dallas, United States | NYSE
8.40 USD +0.11 (1.327%) ⇧ (April 17, 2026, 11:38 a.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 1:25 p.m. EDT

HGLB has a high dividend yield of 12.77%, indicating strong income potential for dividend-focused investors. However, the recent price history shows volatility with a recent dip below the 52-week low, suggesting potential short-term opportunities. The fund's payout ratio is reasonable at 0.36, supporting sustainability. Despite the high yield, the long-term outlook is mixed due to the fund's concentration in a few positions and recent negative sentiment. While the dividend is consistent, the stock's price performance may not be ideal for long-term holding without further positive developments.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.028466
AutoETS0.030256
AutoARIMA0.030257
AutoTheta0.038412

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 41%
H-stat 27.68
Ljung-Box p 0.000
Jarque-Bera p 0.082
Excess Kurtosis 0.18
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-04-22
Last Dividend Date 2026-03-23
Market Cap 196,392,704
Trailing P/E 2.95

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.04% 12.75% 15.07% 15.25%
Dividend History
Date Dividend Yield %
2026-03-24 0.085 1.041667
2026-02-20 0.085 0.962379
2026-01-23 0.085 0.983021
2025-12-24 0.088 0.982856
2025-11-21 0.088 0.996548
2025-10-24 0.088 0.928308
2025-09-23 0.088 1.048342
2025-08-22 0.088 1.126440
2025-07-24 0.088 1.150008
2025-06-23 0.088 1.086101
2025-05-23 0.088 1.152902
2025-04-23 0.088 1.295868
2025-03-24 0.088 1.201679
2025-02-21 0.088 1.241694
2025-01-24 0.088 1.310113
2024-12-24 0.081 1.324025
2024-11-22 0.081 1.266235
2024-10-24 0.081 1.251691
2024-09-23 0.081 1.253429
2024-08-23 0.081 1.281388
2024-07-24 0.081 1.303397
2024-06-21 0.081 1.398514
2024-05-23 0.081 1.384341
2024-04-22 0.081 1.446823
2024-03-20 0.081 1.371010
2024-02-21 0.081 1.337952
2024-01-23 0.081 1.324588
2023-12-21 0.084 1.392714
2023-11-21 0.084 1.389788
2023-10-23 0.084 1.680608
2023-09-21 0.084 1.399015
2023-08-23 0.084 1.430481
2023-07-21 0.084 1.367647
2023-06-22 0.084 1.407350
2023-05-22 0.084 1.394760
2023-04-20 0.084 1.306556
2023-03-23 0.084 1.347694
2023-02-17 0.084 1.233357
2023-01-20 0.084 1.242333
2022-12-22 0.081 1.324858
2022-11-22 0.081 1.241027
2022-10-21 0.081 1.334173
2022-09-22 0.081 1.270996
2022-08-23 0.081 1.219862
2022-07-21 0.081 1.271879
2022-06-22 0.081 1.340442
2022-05-23 0.081 1.235377
2022-04-21 0.081 1.215646
2022-03-23 0.081 1.331668
2022-02-17 0.081 1.335870
2022-01-21 0.081 1.375043
2021-12-22 0.071 1.245088
2021-11-22 0.071 1.289007
2021-10-21 0.071 1.222598
2021-09-22 0.071 1.229002
2021-08-23 0.071 1.230451
2021-07-22 0.071 1.281566
2021-06-22 0.071 1.346767
2021-05-20 0.071 1.391030
2021-04-22 0.071 1.489950
2021-03-23 0.071 1.688448
2021-02-18 0.071 1.725355
2021-01-25 0.071 1.889545
2020-12-21 0.084 2.371599
2020-11-20 0.084 2.704629
2020-10-23 0.084 2.674210
2020-09-21 0.084 2.471735
2020-08-24 0.084 2.399064
2020-07-23 0.084 2.580031
2020-06-22 0.084 2.499472
2020-05-21 0.084 2.935580
2020-04-22 0.084 3.417914
2020-03-23 0.084 3.599941
2020-02-20 0.084 1.948442
2020-01-23 0.084 1.921873
2019-12-20 0.106 2.370239
2019-11-20 0.106 2.650778
2019-10-23 0.106 2.374333
2019-09-20 0.106 2.222341
2019-08-22 0.106 2.242483
2019-07-23 0.106 2.182232
2019-06-20 0.106 2.179321
2019-05-22 0.106 2.046259
2019-04-22 0.106 1.957197
2019-03-21 0.106 1.908149
Additional Data
dividendRate 1.04
dividendYield 12.52
exDividendDate 2026-04-23
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.085
lastDividendDate 2026-03-24

Info Dump

Attribute Value
52 Week Change 0.13406289
Address1 300 Crescent Court
Address2 Suite 700
All Time High 13.6
All Time Low 3.655
Ask 8.35
Ask Size 100
Average Daily Volume10 Day 54,550
Average Daily Volume3 Month 63,785
Average Volume 63,785
Average Volume10Days 54,550
Bid 8.3
Bid Size 100
City Dallas
Country United States
Crypto Tradeable 0
Currency USD
Current Price 8.4
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 8.4
Day Low 8.29
Dividend Rate 1.04
Dividend Yield 12.52
Ebitda Margins 0.0
Eps Trailing Twelve Months 2.85
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 8.4948
Fifty Day Average Change -0.094799995
Fifty Day Average Change Percent -0.011159768
Fifty Two Week Change Percent 13.406288
Fifty Two Week High 10.64
Fifty Two Week High Change -2.2400007
Fifty Two Week High Change Percent -0.21052638
Fifty Two Week Low 7.23
Fifty Two Week Low Change 1.1699996
Fifty Two Week Low Change Percent 0.16182567
Fifty Two Week Range 7.23 - 10.64
First Trade Date Milliseconds 1,551,450,600,000
Five Year Avg Dividend Yield 11.22
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.09316
Held Percent Institutions 0.47709998
Implied Shares Outstanding 23,380,083
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,774,310,400
Last Dividend Value 0.085
Long Name Highland Global Allocation Fund
Market us_market
Market Cap 196,392,704
Market State REGULAR
Max Age 86,400
Message Board Id finmb_577818317
Non Diluted Market Cap 193,820,888
Open 8.33
Operating Margins 0.0
Payout Ratio 0.3632
Phone 214 276 6300
Previous Close 8.29
Price Hint 2
Profit Margins 0.0
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.10999966
Regular Market Change Percent 1.3268957
Regular Market Day High 8.4
Regular Market Day Low 8.29
Regular Market Day Range 8.29 - 8.4
Regular Market Open 8.33
Regular Market Previous Close 8.29
Regular Market Price 8.4
Regular Market Time 1,776,440,321
Regular Market Volume 19,492
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 23,380,083
Shares Percent Shares Out 0.0007
Shares Short 17,053
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 13,669
Short Name Highland Global Allocation Fund
Short Percent Of Float 0.0014
Short Ratio 0.32
Source Interval 15
State TX
Symbol HGLB
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.85
Trailing P E 2.9473684
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.94764
Two Hundred Day Average Change -0.5476408
Two Hundred Day Average Change Percent -0.06120505
Type Disp Equity
Volume 19,492
Zip 75,201