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Highland Opportunities and Income Fund of Beneficial Interest (HFRO)

$6.09

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Key data on HFRO

AUM

$415102171

P/E ratio

3.9

Dividend yield

4.042%

Expense ratio

1.18%

Beta

0.804308

Price on HFRO

Previous close

$6.15

Today's open

$6.11

Day's range

$6.07 - $6.14

52 week range

$4.24 - $6.83

Profile about HFRO

Headquarters

US

Exchange

New York Stock Exchange

Issue type

Common Stock

HFRO industries and sectors

Bonds

Domestic

News on HFRO

Highland Opportunities and Income Fund Announces the Regular Monthly Distribution

DALLAS , Dec. 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 December 31, 2025, to shareholders of record at the close of business December 24, 2025.

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PRNewsWire • Dec 1, 2025

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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.

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PRNewsWire • Nov 6, 2025

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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.

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Seeking Alpha • Sep 29, 2025

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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.

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Seeking Alpha • Sep 24, 2025

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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.

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PRNewsWire • Sep 9, 2025

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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.

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Seeking Alpha • Aug 21, 2025

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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.

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Seeking Alpha • Jul 17, 2025

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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.

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Seeking Alpha • Jul 10, 2025

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Income-Covered Closed-End Fund Report, June 2025

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.

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Seeking Alpha • Jul 9, 2025

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This Is The Cheapest 8%+ Dividend I've Ever Seen

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.

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Forbes • Jul 1, 2025

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¹ Disclosures

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