Highland Funds I - Highland Income Fund

Highland Funds I - Highland Income Fundverified

HFRO

Price:

$6.01

Market Cap:

$402.04M

Highland Funds I - Highland Floating Rate Opportunities 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 ...[Read more]

Industry

Asset Management - Income

IPO Date

2017-11-06

Stock Exchange

NYSE

Ticker

HFRO

The PE Ratio as of September 2024 (TTM) for Highland Funds I - Highland Income Fund (HFRO) is -26.13

According to Highland Funds I - Highland Income Fund’s latest financial reports and current stock price. The company's current PE Ratio is -26.13. This represents a change of -1192.16% compared to the average of 2.39 of the last 4 quarters.

Highland Funds I - Highland Income Fund (HFRO) Historical PE Ratio (quarterly & annually)

How has HFRO PE Ratio performed in the past?

The mean historical PE Ratio of Highland Funds I - Highland Income Fund over the last ten years is 7.39. The current -26.13 PE Ratio has changed -35478.44% with respect to the historical average. Over the past ten years (40 quarters), HFRO's PE Ratio was at its highest in in the June 2019 quarter at 5.73. The PE Ratio was at its lowest in in the December 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

7.39

Median

12.99

Minimum

-37.29

Maximum

28.12

Highland Funds I - Highland Income Fund (HFRO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Highland Funds I - Highland Income Fund PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 51.28%

Maximum Annual PE Ratio = 28.12

Minimum Annual Increase = -544.39%

Minimum Annual PE Ratio = -37.29

Quarterly (TTM)
Annual
YearPE RatioChange
2023-37.29-544.39%
20228.3951.28%
20215.55-80.27%
202028.1228.00%
201921.9724.97%

Highland Funds I - Highland Income Fund (HFRO) Average PE Ratio

How has HFRO PE Ratio performed in the past?

The current PE Ratio of Highland Funds I - Highland Income Fund (HFRO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-7.78

5-year avg

5.35

10-year avg

7.39

Highland Funds I - Highland Income Fund (HFRO) PE Ratio vs. Peers

How is HFRO’s PE Ratio compared to its peers?

Highland Funds I - Highland Income Fund’s PE Ratio is less than Neuberger Berman Next Generation Connectivity Fund Inc. (0), less than SRH Total Return Fund, Inc. (5.29), less than Nuveen Municipal Credit Opportunities Fund (84.15), less than DoubleLine Income Solutions Fund (6.49), less than PIMCO Energy and Tactical Credit Opportunities Fund (0), less than Blackrock Innovation & Growth Trust (8.15), less than BlackRock Health Sciences Trust II (0), less than Virtus Artificial Intelligence & Technology Opportunities Fund (10.23), less than Pimco Dynamic Income Opportunities Fund (0), less than DoubleLine Opportunistic Credit Fund (8.63), less than Clough Global Dividend and Income Fund (26.85), less than Abrdn Income Credit Strategies Fund (4.75), less than RiverNorth Opportunities Fund, Inc. (8.11), less than CBRE Global Real Estate Income Fund (9.77), less than DoubleLine Yield Opportunities Fund (0), less than AllianceBernstein Global High Income Fund (4.07), less than Western Asset Emerging Markets Debt Fund Inc. (4.95),

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