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 ROE as of September 2024 (TTM) for Highland Funds I - Highland Income Fund (HFRO) is 14.08%

According to Highland Funds I - Highland Income Fund’s latest financial reports and current stock price. The company's current ROE is 14.08%. This represents a change of 115.93% compared to the average of 6.52% of the last 4 quarters.

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

How has HFRO ROE performed in the past?

The mean historical ROE of Highland Funds I - Highland Income Fund over the last ten years is 5.05%. The current 14.08% ROE has changed 178.78% with respect to the historical average. Over the past ten years (40 quarters), HFRO's ROE was at its highest in in the June 2023 quarter at 7.35%. The ROE was at its lowest in in the December 2017 quarter at 0%.

Quarterly (TTM)
Annual

Average

5.05%

Median

4.73%

Minimum

-1.39%

Maximum

12.15%

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

Discovering the peaks and valleys of Highland Funds I - Highland Income Fund ROE, 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 = 407.93%

Maximum Annual ROE = 12.15%

Minimum Annual Increase = -118.11%

Minimum Annual ROE = -1.39%

Quarterly (TTM)
Annual
YearROEChange
2023-1.39%-118.11%
20227.70%-36.63%
202112.15%407.93%
20202.39%-33.04%
20193.57%-39.19%

Highland Funds I - Highland Income Fund (HFRO) Average ROE

How has HFRO ROE performed in the past?

The current ROE 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

6.15%

5-year avg

4.89%

10-year avg

5.05%

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

How is HFRO’s ROE compared to its peers?

Highland Funds I - Highland Income Fund’s ROE is less than Neuberger Berman Next Generation Connectivity Fund Inc. (12.24%), less than SRH Total Return Fund, Inc. (19.29%), less than Nuveen Municipal Credit Opportunities Fund (1.29%), less than DoubleLine Income Solutions Fund (16.42%), less than PIMCO Energy and Tactical Credit Opportunities Fund (24.50%), less than Blackrock Innovation & Growth Trust (10.44%), greater than BlackRock Health Sciences Trust II (0%), less than Virtus Artificial Intelligence & Technology Opportunities Fund (9.82%), less than Pimco Dynamic Income Opportunities Fund (2.13%), less than DoubleLine Opportunistic Credit Fund (12.98%), less than Clough Global Dividend and Income Fund (3.44%), less than Abrdn Income Credit Strategies Fund (18.73%), less than RiverNorth Opportunities Fund, Inc. (8.93%), less than CBRE Global Real Estate Income Fund (11.00%), less than DoubleLine Yield Opportunities Fund (8.29%), less than AllianceBernstein Global High Income Fund (25.08%), less than Western Asset Emerging Markets Debt Fund Inc. (18.89%),

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