Highland Global Allocation Fund HGLB

$7.71 -0.10 (-1.28%)

Valuation

Market cap
—
Revenue TTM
$17,887,717
Net income TTM
$16,930,852
PE ratio
—
Forward PE
—
Profit margin
—
Debt to equity
—

Trading

Volume
35,600
Avg volume
47,930
Day's range
$7.71 – $7.78
Shares out
—
Stochastic %K
34%
Beta
—
Analysts
Strong Buy
Price target
—

Price

Company profile

Industry
Asset Management
Sector
Financial Services
Phone
214 276 6300
Address
300 Crescent Court, Suite 700, Dallas, United States

Latest news

Stocktwits

stradale1 Sep 25, 7:08 PM
$HGLB might be time to sell my position
0 replies
Ali_G_and_Doge Sep 17, 2:28 AM
$HGLB a LARGE potion of this fund is in illiquid/ opaque assets. That is why it trades at such a massive discount to NAV (people don’t trust the NAV as it’s VERY subjective). If they owned traditional stocks / fixed income securities and had this discount to NAV you would be seeing activist (SABA, etc.) taking large 10% owner size positions. The fact that you aren’t seeing that is a red flag
0 replies
Ali_G_and_Doge Aug 25, 1:18 PM
$HGLB covered short
0 replies
sam92 Aug 4, 12:03 PM
$HGLB We are very bullish on HGLB and so it Raymond James Highland Global Allocation Fund has an institutional holder, Raymond James & Associates, reporting a significant position in its common stock. In Amendment No. 3 to its beneficial ownership report, Raymond James & Associates states that it beneficially owns 2,225,124.67 shares of common stock, representing 9.5% of the class.
0 replies
MichaelJk Jul 10, 2:30 PM
$FRMI Anyone Bullish here? May want to Check out $HGLB holding 5% of their Port. in FRMI pays a 13.5% Div. 60% ROC so its a good hold in taxable acct. currently trades at a 36% discount to NAV.... If you believe in FRMI getting a tenant then Nav on HGLB would increase and should raise the DIV that get's reset 1st month every calendar year...
1 replies
RSV_ Jun 23, 9:40 PM
$HGLB
0 replies
Ali_G_and_Doge Jun 23, 12:45 PM
$HGLB nobody trusts that NAV with over 30% in level 3 crap as top holdings
0 replies
MichaelJk Jun 19, 1:30 PM
$HGLB Added more here yesterday @7.70 Nav is climbing back to 12.24 (CEFC) Discount to Nav back to 37%
0 replies