HFRO: One Of The Best Investment-Grade Preferreds

Highland Income Fund's preferreds offer an 8.35% yield at a 36% discount to par, underpinned by investment-grade ratings and real asset exposure. HFRO's 71.8% allocation to commercial real estate, low 27.81% regulatory leverage, and broad asset diversification enhance preferred safety despite some illiquid holdings. Preferreds trade at 64 cents on the dollar, providing a 405 basis points spread over the 10-year Treasury, with potential for discount narrowing as risk appetite returns.

Seeking Alpha • Feb 5, 2026

Highland Opportunities and Income Fund Announces the Regular Monthly Distribution

DALLAS, Feb. 2, 2026 /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 February 27, 2026, to shareholders of record at the close of business February 20, 2026.

PRNewsWire • Feb 2, 2026

HFRO: Resilient Real Estate Fund But Struggling In High Interest Rate Environment

Highland Opportunities and Income Fund remains a hold, trading at a steep 47% discount to NAV amid persistent real estate sector headwinds.

Seeking Alpha • Jan 26, 2026

Highland Opportunities and Income Fund Announces Investor Update Call

DALLAS , Nov. 6, 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, December 11, 2025, at 3:00 p.m. CT, to discuss portfolio updates and recent performance.

PRNewsWire • Nov 6, 2025

HFRO: An 8% Dividend Yield From The Preferreds Of This Investment-Grade CEF

Highland Opportunities and Income Fund is trading at a 43.5% discount to its $11.38 NAV per share as of the end of its second quarter. The CEF's preferreds pay out a current yield of 8% and are trading for 67 cents on the dollar. Pending Fed rate cuts should aggregate at 50 basis points to end 2025, with a possible move of the U.S. 10-year Treasury yield lower if inflation prints are within consensus.

Seeking Alpha • Sep 29, 2025

HFRO: Discounted Valuation As A Result Of Underwhelming Performance

Highland Opportunities and Income Fund offers a high yield and trades at a steep discount to NAV, but faces fundamental challenges. HFRO's portfolio is heavily concentrated in real estate and private investments, with aggressive leverage amplifying risk in a high-rate environment. Inconsistent earnings and declining NAV raise concerns about the sustainability of HFRO's 6.9% dividend yield and future payouts.

Seeking Alpha • Sep 24, 2025

Highland Opportunities and Income Fund (HFRO) Announces Addition to Portfolio Management Team

DALLAS , Sept. 9, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced a key addition to its portfolio management team.

PRNewsWire • Sep 9, 2025

Triple-Factor Closed-End Fund Report, August 2025 (Stanford Chemist)

I use a systematic 'Triple-Factor' screen to identify CEFs with high yield, strong coverage, and discounts to NAV for optimal risk/reward. Top candidates offer yields above 7.5%, coverage above 90%, and trade at discounts, providing both income and potential capital appreciation. While Highland Opportunities and Income (HFRO) scores highly, I view it as speculative due to past controversies, despite activist involvement as a potential catalyst.

Seeking Alpha • Aug 21, 2025

Triple-Factor Closed-End Fund Report, June 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.

Seeking Alpha • Jul 17, 2025

HFRO: Forget The Common, Get 8% A Yield From The Preferreds

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.

Seeking Alpha • Jul 10, 2025