HFRO Stock Recent News

DALLAS , Aug. 1, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of  $0.0385 per share. The distribution will be payable on August 29, 2025, to shareholders of record at the close of business August 22, 2025.

The Triple-Factor screen identifies closed-end funds with >8% yield, >90% coverage, and trading at a discount to NAV, balancing yield, sustainability, and value. Key metrics: premium/discount, z-score, leverage, baseline expense, and coverage. Focus on funds with wide discounts, negative z-scores, and high yields. Explore top lists for further research; these shortlists are not final buy/sell recommendations. Always verify coverage ratios with official fund documents.

When management teams embark on a grand new journey, it's essential to have common shareholder buy-in. If the vision isn't readily received, it can cause issues in the company's public performance. But income investment opportunities remain. We show ways to align better than management's goals, all while getting paid.

I focus on CEFs with 100%+ distribution coverage, as this suggests lower risk of distribution cuts and more sustainable income for investors. My top screens highlight funds with the deepest discounts, highest yields, and most attractive z-scores, offering both income and potential price appreciation. Blackstone Strategic Credit 2027 Term Fund (BGB) stands out for its 8.9% yield, 104% coverage, and discount-driven alpha as it nears expiration.

DALLAS , July 1, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of  $0.0385 per share. The distribution will be payable on July 31, 2025, to shareholders of record at the close of business July 24, 2025.

I know it's easy to get discouraged by the lack of bargains (not to mention the pathetic yields) available to us today, after stocks bounced back from the tariff-driven selloff.

DALLAS , June 12, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") announced today that the Fund is scheduled to host a conference call on Thursday, June 26, 2025, at 10:00 a.m. CT, to discuss portfolio updates and recent performance.

HFRO trades at a massive 57%+ discount due to illiquid assets, management concerns, and a controversial distribution cut. The fund's real estate-heavy, complex portfolio and persistent NAV discount create both risk and unique trading opportunities for active investors. Alpha can be generated from the high discount and 9%+ distribution yield, especially if management resumes aggressive share buybacks.

HFRO is a distressed CEF with illiquid, real estate-heavy holdings, making its true asset value likely much lower upon an exit. Series B preferred shares offer asset coverage covenants, but these are weakened by illiquid assets and potential mark-to-market losses in a downturn. A recession and housing market crash could trigger significant losses and a fund liquidation, with preferred shareholders facing a 50% loss given default in our base case.

DALLAS , June 2, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of  $0.0385 per share. The distribution will be payable on June 30, 2025, to shareholders of record at the close of business June 23, 2025.