NYSE : HGLB

Highland Global Allocation Fund

$7.48 USD

$0.09 (1.22%)

Volume
219.65K
Average Volume
90.94K
Market Capitalization
$176.46M
P/E Ratio
2.62
Dividend Yield
13.88%
Price Target
Year High
$10.64
Year Low
$7.26
Day High
—
Day Low
—
Payout Ratio
$0.31
Current Ratio
$131.76
Company Overview

NYSE

Stephanie Lynn Vitiello

Asset Management - Global

Financial Services

HGLB

N/A

US

USD

http://www.highlandfunds.com/global-allocation-fund

972-628-4100

43010T104

0001622148

Liquidity Metrics

0.00

131.76

131.76

85.52

0.31

Sales & Valuation

$70.45M

2.50

0.56

4.47

1.67

Profitability

$0

$67.75M

96.17%

96.17%

23.33%

17.02%

P/E Metrics

2.62

0.03

0.03

Analyst Price Target & Rating

Strong Sell

1/5

0 Analysts

%

Poll Results

About Highland Global Allocation Fund (NYSE:HGLB) Stock

Highland Global Allocation Fund (HGLB) is structured as a closed-end investment vehicle. Its primary objective is to foster sustained capital appreciation and generate a steady stream of income over the long term. The fund accomplishes these goals by strategically deploying capital into a diverse portfolio comprising both domestic and international equities, fixed-income instruments, and money market assets. Established on April 9, 2013, its principal operations are based in Dallas, Texas. ...

Highland Global Allocation Fund Declares Monthly Distributions of $0.088 Per Share

2026-07-01 16:30:00

DALLAS, July 1, 2026 /PRNewswire/ -- Highland Global Allocation Fund (NYSE: HGLB) ("the "Fund") today announced the declaration of monthly distributions of $0.085 per share, payable on the dates noted below. Under the Fund's level distribution policy, the annual distribution rate has been reset to an amount equal to 8.5% of the average of the Fund's net asset value ("NAV") per share, as reported for the final five trading days of the 2025 calendar year.

Frequently Asked Questions

What is the current Highland Global Allocation Fund (HGLB) stock price?

Highland Global Allocation Fund(NYSE:HGLB) stock price is $7.48 in the last trading session. During the trading session, HGLB stock reached the peak price of $10.64 while $7.26 was the lowest point it dropped to. The percentage change in HGLB stock occurred in the recent session was 1.22% while the dollar amount for the price change in HGLB stock was $0.09.

HGLB's industry and sector of operation?

The NYSE listed HGLB is part of Asset Management - Global industry that operates in the broader Financial Services sector.

Who are the executives of HGLB?

Stephanie Lynn Vitiello | Secretary
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How many employees does HGLB have?

Number of HGLB employees currently stands at None. HGLB operates from 200 Crescent Court, Dallas, TX 75201, US.

Link for HGLB official website?

Official Website of HGLB is: http://www.highlandfunds.com/global-allocation-fund

How do I contact HGLB?

HGLB could be contacted at phone #972-628-4100 and can also be accessed through its website. HGLB operates from 200 Crescent Court, Dallas, TX 75201, US.

How many shares of HGLB are traded daily?

The average number of HGLB shares traded daily for last 3 months was 90.94K.

What is the market cap of HGLB currently?

The market value of HGLB currently stands at $176.46M with its latest stock price at $7.48