Highland Global Allocation Fund (HGLB)

$7.71 -0.10 (-1.28%)
Market Cap N/A
Revenue (ttm) 17.89M
Net Income (ttm) 16.93M
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin N/A
Debt to Equity Ratio N/A
Volume 35,600
Avg Vol 47,930
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 34%
Beta N/A
Analysts Strong Buy
Price Target N/A

Company Profile

Industry: Asset Management
Sector: Financial Services
Phone: 214 276 6300
Address:
300 Crescent Court, Suite 700, Dallas, United States
Silvers007
Silvers007 Dec. 4 at 3:21 PM
$HGLB , a few comments and update: 1. For those following NAV and price premium or discount, you can get both at cefconnect.com 2. As long as NAV remains at $12.42 or higher, the dividend for 2026 should remain the same or increase 3. HGLB will set the 2026 after the close of the last business day in December. Their method is to average the NAV for the last 4 days of trading x .085. Thus, at the current NAV of 12.88, and assuming that as the average, the 2026 divi would be .0912/month or 1.0948 annually. 4. HGLB historically sells at a discount to NAV, meaning less than the NAV. The current discount is 24%, but is typically a bit further discounted. This is the information I use. The other metric I check is how well the dividend is covered by actual earnings vice a return of capital. For 2024, latest posted I can find, the divi was 100% covered by earnings.
1 · Reply
justbaseball25
justbaseball25 Dec. 2 at 5:08 PM
25 more $HGLB 100 total
0 · Reply
Brownnotes
Brownnotes Nov. 26 at 7:25 PM
$HGLB just a heads up, here's something I just learned that maybe you already know: On TradingView there is a ticker XHGLX which is the data feed symbol from Bloomberg representing current NAV. You can list it under HGLB in TV for reference. Currently represents about a 22% difference.
0 · Reply
justbaseball25
justbaseball25 Nov. 21 at 7:31 PM
25 $HGLB on ex div
0 · Reply
justbaseball25
justbaseball25 Nov. 19 at 4:24 PM
$HGLB im back in! small position..50 shares
1 · Reply
shnitzerbittle
shnitzerbittle Nov. 3 at 8:36 PM
$HGLB Shwab says this is trading at a 28 percent discount to NAV. Is that right?
1 · Reply
Silvers007
Silvers007 Oct. 31 at 1:06 AM
$HGLB, in a prior recent post, I indicated that HGLB resets the annual dividend based upon the average last 5 business day's NAV of October. Its actually based on December's data, the last 4 days of the calendar year. Viewing the running NAV on CEFconnect, the recent bump in NAV should continue to influence a higher dividend in 2026. The fund announced the continued dividend at .088/share for Oct/Nov/Dec. As always, their attempt to maintain a predictable, level distribution is no guarantee. In my experience, this has been a fund that i could estimate and expect a consistent dividend approach. I will monitor the NAV and I anticipate picking up additional shares.
1 · Reply
Silvers007
Silvers007 Oct. 24 at 1:28 PM
$HGLB from their website:
1 · Reply
Silvers007
Silvers007 Oct. 24 at 1:21 PM
$HGLB based upon Highlands standing policy of resetting the dividend each year based upon taking the average last 5 trading day's NAV and multiplying by 8.5% or .085, I anticipate the 2026 dividend increasing which should bump up the market price of this CEF. The 5 trading day window begins on Monday coming. This is why i remain bullish. My read of the tea leaves is that worst case dividend remains unchanged, but I believe the dividend will likely increase so I keep adding shares.
0 · Reply
panda317
panda317 Oct. 13 at 10:43 PM
$HGLB picked up 50 @ $9.73
0 · Reply
Latest News on HGLB
Highland Global Allocation Fund (HGLB) Announces Addition to Portfolio Management Team, Provides Update on Recent NAV Increase

Oct 7, 2025, 9:00 AM EDT - 2 months ago

Highland Global Allocation Fund (HGLB) Announces Addition to Portfolio Management Team, Provides Update on Recent NAV Increase

HGLB: Heavily Concentrated In A Few Positions

Oct 3, 2025, 5:04 AM EDT - 2 months ago

HGLB: Heavily Concentrated In A Few Positions

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

Oct 1, 2025, 5:00 PM EDT - 2 months ago

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

HGLB: Solid CEF With Blended Portfolio Strategy

Jun 12, 2025, 1:07 AM EDT - 6 months ago

HGLB: Solid CEF With Blended Portfolio Strategy

HGLB: 12%-Plus Yield, 33% Discount

Mar 28, 2025, 9:15 AM EDT - 8 months ago

HGLB: 12%-Plus Yield, 33% Discount

Very Bad News For Closed-End Funds

Feb 24, 2025, 7:31 AM EST - 10 months ago

Very Bad News For Closed-End Funds

CCEF CEFS CHW DXYZ EVT FOF NMAI

Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025

Jan 13, 2025, 3:59 PM EST - 11 months ago

Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025

BRW BST BUI CCD CRF DMA DXYZ

Highland Global Allocation Fund Declares Monthly Distributions of $0.081 Per Share

Oct 1, 2024, 6:30 PM EDT - 1 year ago

Highland Global Allocation Fund Declares Monthly Distributions of $0.081 Per Share

HGLB: Tempting 12.5% Yield, Trading At A Substantial Discount To NAV

Aug 2, 2024, 9:12 AM EDT - 1 year ago

HGLB: Tempting 12.5% Yield, Trading At A Substantial Discount To NAV

Closed-End Funds: Revisiting Valuations As We End Q3 2023

Oct 17, 2023, 7:34 AM EDT - 2 years ago

Closed-End Funds: Revisiting Valuations As We End Q3 2023

AFB BMEZ CLM CMU CRF CXH DMA

Highland Global Allocation Fund Declares Monthly Distributions of $0.084 Per Share

Oct 2, 2023, 6:30 PM EDT - 2 years ago

Highland Global Allocation Fund Declares Monthly Distributions of $0.084 Per Share

Closed-End Fund: April 2023 Check On Valuation

Apr 30, 2023, 1:44 AM EDT - 2 years ago

Closed-End Fund: April 2023 Check On Valuation

BCV DMA DMO DNP ECAT ECC ECCV

HGLB: High-Yielding Global Balanced CEF Beating The Broader Market

Jan 12, 2023, 6:29 PM EST - 3 years ago

HGLB: High-Yielding Global Balanced CEF Beating The Broader Market

HGLB: Global CEF With A 9.4% Yield But High Single Name Concentration

Aug 29, 2022, 5:53 PM EDT - 3 years ago

HGLB: Global CEF With A 9.4% Yield But High Single Name Concentration

Four Discounted Funds Paying Up To 9.8% Dividends

Apr 12, 2022, 9:15 AM EDT - 3 years ago

Four Discounted Funds Paying Up To 9.8% Dividends

HFRO NML

Weekly Closed-End Fund Roundup: November 7, 2021

Nov 15, 2021, 9:39 AM EST - 4 years ago

Weekly Closed-End Fund Roundup: November 7, 2021

ASG BHV CIF CPZ CXE CXH DMB

Highland Global Allocation Fund Declares Monthly Distributions of $0.071 Per Share

Oct 1, 2021, 7:00 PM EDT - 4 years ago

Highland Global Allocation Fund Declares Monthly Distributions of $0.071 Per Share

HGLB Is An Interesting Global Allocation CEF, But Not My Cup Of Tea

Jul 26, 2021, 8:00 AM EDT - 4 years ago

HGLB Is An Interesting Global Allocation CEF, But Not My Cup Of Tea

86 Monthly Pay Dividend Stocks And 80 Funds Grow In July

Jul 13, 2021, 4:32 PM EDT - 4 years ago

86 Monthly Pay Dividend Stocks And 80 Funds Grow In July

AGNC ARR CRT DX EFC FCT GLDI

Silvers007
Silvers007 Dec. 4 at 3:21 PM
$HGLB , a few comments and update: 1. For those following NAV and price premium or discount, you can get both at cefconnect.com 2. As long as NAV remains at $12.42 or higher, the dividend for 2026 should remain the same or increase 3. HGLB will set the 2026 after the close of the last business day in December. Their method is to average the NAV for the last 4 days of trading x .085. Thus, at the current NAV of 12.88, and assuming that as the average, the 2026 divi would be .0912/month or 1.0948 annually. 4. HGLB historically sells at a discount to NAV, meaning less than the NAV. The current discount is 24%, but is typically a bit further discounted. This is the information I use. The other metric I check is how well the dividend is covered by actual earnings vice a return of capital. For 2024, latest posted I can find, the divi was 100% covered by earnings.
1 · Reply
justbaseball25
justbaseball25 Dec. 2 at 5:08 PM
25 more $HGLB 100 total
0 · Reply
Brownnotes
Brownnotes Nov. 26 at 7:25 PM
$HGLB just a heads up, here's something I just learned that maybe you already know: On TradingView there is a ticker XHGLX which is the data feed symbol from Bloomberg representing current NAV. You can list it under HGLB in TV for reference. Currently represents about a 22% difference.
0 · Reply
justbaseball25
justbaseball25 Nov. 21 at 7:31 PM
25 $HGLB on ex div
0 · Reply
justbaseball25
justbaseball25 Nov. 19 at 4:24 PM
$HGLB im back in! small position..50 shares
1 · Reply
shnitzerbittle
shnitzerbittle Nov. 3 at 8:36 PM
$HGLB Shwab says this is trading at a 28 percent discount to NAV. Is that right?
1 · Reply
Silvers007
Silvers007 Oct. 31 at 1:06 AM
$HGLB, in a prior recent post, I indicated that HGLB resets the annual dividend based upon the average last 5 business day's NAV of October. Its actually based on December's data, the last 4 days of the calendar year. Viewing the running NAV on CEFconnect, the recent bump in NAV should continue to influence a higher dividend in 2026. The fund announced the continued dividend at .088/share for Oct/Nov/Dec. As always, their attempt to maintain a predictable, level distribution is no guarantee. In my experience, this has been a fund that i could estimate and expect a consistent dividend approach. I will monitor the NAV and I anticipate picking up additional shares.
1 · Reply
Silvers007
Silvers007 Oct. 24 at 1:28 PM
$HGLB from their website:
1 · Reply
Silvers007
Silvers007 Oct. 24 at 1:21 PM
$HGLB based upon Highlands standing policy of resetting the dividend each year based upon taking the average last 5 trading day's NAV and multiplying by 8.5% or .085, I anticipate the 2026 dividend increasing which should bump up the market price of this CEF. The 5 trading day window begins on Monday coming. This is why i remain bullish. My read of the tea leaves is that worst case dividend remains unchanged, but I believe the dividend will likely increase so I keep adding shares.
0 · Reply
panda317
panda317 Oct. 13 at 10:43 PM
$HGLB picked up 50 @ $9.73
0 · Reply
panda317
panda317 Oct. 13 at 2:52 AM
$HGLB thinking of getting in
0 · Reply
justbaseball25
justbaseball25 Oct. 2 at 2:17 PM
$HGLB so my immediate assumption to sell was ideal. I'm not sure the conversion from pref to common would change their dividend. I have no issue with selling. The divi is now weak compared to market competition. This should come back down.
2 · Reply
PennyWeasel
PennyWeasel Oct. 2 at 2:08 PM
$HGLB It be REAL! Per HGLB website.
1 · Reply
PennyWeasel
PennyWeasel Oct. 2 at 2:06 PM
$HGLB MorningStar showing the NAV as of 10/01/2025 of $14.12 too. Nothing updated via HGLB website. Wish I was holding shares (just have one atm as a place holder) because they would have been sold, regardless if the updated NAV was a misprint or not! GL 🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Oct. 2 at 1:52 PM
$HGLB Yup! CEF Connect MAY have screwed the pooch on this one! Reporting a 36% jump in NAV to $14.12. Per earlier post... As of 09/29, NAV be $11.09. 🤷‍♂️🤷‍♂️🤷‍♂️ Might want to sell while you can. 🤷‍♂️🤷‍♂️🤷‍♂️ GL
0 · Reply
PennyWeasel
PennyWeasel Oct. 2 at 1:45 PM
$HGLB Seems someone published a huge increase to NAV... Not from HGLB though. A typo somewhere? According to AI (I hate Google AI btw)... NAV is $11.90 🤷‍♂️🤷‍♂️🤷‍♂️
0 · Reply
justbaseball25
justbaseball25 Oct. 2 at 1:35 PM
No fucking clue what happened with $HGLB but I am out.
1 · Reply
WhiskeyWolverine
WhiskeyWolverine Oct. 2 at 1:33 PM
$HGLB Nice! 😁
0 · Reply
Ali_G_and_Doge
Ali_G_and_Doge Oct. 1 at 10:03 PM
$HGLB NAV shows over 18% gain? Wonder if it’s a misprint 🤷‍♂️
2 · Reply
MichaelJk
MichaelJk Sep. 11 at 8:31 PM
$HGLB Out again today @8.95.... but for a holding spot as this has proven the be a great trade over the years :)
1 · Reply
panda317
panda317 Aug. 26 at 8:23 PM
also added some $FSCO $HGLB $ASGI $IHD $NCV
1 · Reply
justbaseball25
justbaseball25 Aug. 11 at 2:44 PM
Opening a position in $ARR common here. Earnings. Just solid enough. Sold 50 $HGLB
1 · Reply