Highland Global Allocation Fund closed at $5.02 on Nov 12, down 3.09%, within 0.0% of its 52-week closing low. Volume of 450.8K shares was 2.64× its 20-day average (well above normal).
Split-adjusted performance: -22.2% over one month, -37.6% over six months, -51.2% over one year.
Short interest was 33.1K shares at the Oct 30 settlement, down 34.6% from the prior report (0.1% of float, 1.0 days to cover).
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Quick answers
What does Highland Global Allocation Fund do?
Highland Global Allocation Fund is a diversified, closed-end management investment company. The investment objective of the Fund is to seek long-term growth of capital and future income.
What is HGLB's market cap?
$118.42M, based on the Nov 12 close of $5.02.
Does Highland Global Allocation Fund pay a dividend?
Yes. The latest regular dividend was $0.085 per share (ex-date Oct 23), an annualised yield of 20.32%.
How much of HGLB is sold short?
33.1K shares, 0.1% of float, as of Oct 30, 2026.
About Highland Global Allocation Fund
Highland Global Allocation Fund is a diversified, closed-end management investment company. The 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. It may also invest in senior loans to domestic or foreign corporations, partnerships, and other entities that operate in a variety of industries and geographic regions.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology
