HGLB
Price:
$7.54
Market Cap:
$172.33M
Highland Global Allocation Fund acts as closed-end investment fund. Its investment objective of the fund is to seek long-term growth of capital and future income. The fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt and money market securities. The company was founded on April 9, 2013 and is headquartered in Dallas, Texas.[Read more]
Industry
Asset Management - Global
IPO Date
2019-03-01
Stock Exchange
NYSE
Ticker
HGLB
According to Highland Global Allocation Fund’s latest financial reports and current stock price. The company's current ROE is 6.63%. This represents a change of Infinity% compared to the average of 0% of the last 4 quarters.
The mean historical ROE of Highland Global Allocation Fund over the last ten years is 1.27%. The current 6.63% ROE has changed 420.45% with respect to the historical average. Over the past ten years (40 quarters), HGLB's ROE was at its highest in in the March 2019 quarter at 0%. The ROE was at its lowest in in the March 2019 quarter at 0%.
Average
1.27%
Median
6.05%
Minimum
-27.82%
Maximum
27.40%
Discovering the peaks and valleys of Highland Global Allocation 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 = 369.57%
Maximum Annual ROE = 27.40%
Minimum Annual Increase = -198.50%
Minimum Annual ROE = -27.82%
Year | ROE | Change |
---|---|---|
2023 | 6.67% | 10.26% |
2022 | 6.05% | -77.93% |
2021 | 27.40% | -198.50% |
2020 | -27.82% | 369.57% |
The current ROE of Highland Global Allocation Fund (HGLB) 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
13.37%
5-year avg
1.27%
10-year avg
1.27%
Highland Global Allocation Fund’s ROE is less than PIMCO Energy and Tactical Credit Opportunities Fund (24.50%), less than Neuberger Berman Next Generation Connectivity Fund Inc. (12.24%), less than DoubleLine Yield Opportunities Fund (8.29%), less than DoubleLine Income Solutions Fund (16.42%), less than Clough Global Equity Fund (15.01%), less than Virtus Convertible & Income Fund (3.94%), less than Virtus Convertible & Income 2024 Target Term Fund (21.86%), less than MFS Investment Grade Municipal Trust (2.17%), less than Eaton Vance Senior Income Trust (13.18%), less than High Income Securities Fund (4.36%), less than RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (8.44%), less than Cornerstone Total Return Fund, Inc. (20.06%), less than Oxford Lane Capital Corp. (20.42%), greater than Horizon Technology Finance Corporation (-1.16%), less than Brookfield Real Assets Income Fund Inc. (9.46%), less than Guggenheim Strategic Opportunities Fund (15.11%), less than Cornerstone Strategic Value Fund, Inc. (20.74%), greater than abrdn Global Premier Properties Fund (-10.27%), less than Cohen & Steers Quality Income Realty Fund, Inc. (6.40%), less than Cohen & Steers REIT and Preferred Income Fund, Inc. (14.46%), less than Neuberger Berman Real Estate Securities Income Fund Inc. (6.00%), less than Eaton Vance Tax-Managed Diversified Equity Income Fund (20.91%),
Company | ROE | Market cap |
---|---|---|
24.50% | $905.76M | |
12.24% | $1.03B | |
8.29% | $783.43M | |
16.42% | $1.31B | |
15.01% | $128.05M | |
3.94% | $330.77M | |
21.86% | $167.75M | |
2.17% | $66.38M | |
13.18% | $111.63M | |
4.36% | $197.80M | |
8.44% | $194.35M | |
20.06% | $921.86M | |
20.42% | $1.81B | |
-1.16% | $353.60M | |
9.46% | $693.92M | |
15.11% | $2.17B | |
20.74% | $2.06B | |
-10.27% | $370.67M | |
6.40% | $1.83B | |
14.46% | $1.10B | |
6.00% | $181.35M | |
20.91% | $2.34B |
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