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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. EDGAR/calls is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

EEDGAR/calls
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Home›Stocks›HGLB

HGLB

HIGHLAND GLOBAL ALLOCATION FUND

Sell
$7.67
▲ +0.92%
$7.67▲ +0.74%
over 1Y
L $7.35H $9.76
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.9%
1W+3.9%
1M-3.0%
3M-3.3%
YTD-9.5%
1Y+0.7%
OverviewValuationQualityTimelineFilings
Rating
Sell
Quality
F
Valuation
Fair value
Filings
Watch
Sell
Conviction
Horizon
Medium (3–12mo)

Mixed signals in the latest filings.

HIGHLAND GLOBAL ALLOCATION FUND shows limited reported revenue.

On these fundamentals, HGLB screens as SELL on the SEC figures.

Key statistics

Valuation

Enterprise value$98.4M
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield—
FCF yield—

Quality & risk

ROIC (est.)—
Free cash flow—
Total debt—
Net cash—

Capital returns

Buyback yield—
Dividend yield (est.)—
Shareholder yield—

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. DEF 14A Proxy statement2026-05-07
  2. 8-K Officer / director change2026-01-28
  3. DEF 14A Proxy statement2025-05-07
  4. DEF 14A Proxy statement2024-05-17
  5. DEF 14A Proxy statement2023-05-02
  6. DEF 14A Proxy statement2022-03-28
  7. 8-K Reg FD disclosure2021-12-30
  8. DEF 14A Proxy statement2021-04-27
  9. DEF 14A Proxy statement2020-04-22

Recent filings

all on EDGAR ↗
N-CSRSPeriod ending 2026-03-312026-06-02open ↗NPORT-PPeriod ending 2026-03-312026-06-01open ↗DEF 14APeriod ending 2026-06-162026-05-07open ↗SCHEDULE 13G/AFiling2026-04-07open ↗NPORT-PPeriod ending 2025-12-312026-03-02open ↗8-KPeriod ending 2026-01-162026-01-28open ↗40-17GFiling2025-12-29open ↗N-CENPeriod ending 2025-09-302025-12-12open ↗N-CSRPeriod ending 2025-09-302025-12-08open ↗NPORT-PPeriod ending 2025-09-302025-12-01open ↗SCHEDULE 13G/AFiling2025-11-14open ↗SCHEDULE 13G/AFiling2025-10-31open ↗

Quality score

F
ValueGrowthProfitHealthMom.
Value—
Growth—
Profitability—
Financial health—
MomentumF
7.3052-week9.65
Revenue
—
Net margin
—
ROE
—
P/E
—

SEC fundamentals

Frequently asked

Is HIGHLAND GLOBAL ALLOCATION FUND (HGLB) a buy?
HGLB currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Mixed signals in the latest filings.
What is HIGHLAND GLOBAL ALLOCATION FUND's quality score?
HGLB scores 31.798021554524894/100 (grade F) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001622148, latest N-CSRS filed 2026-06-02) · EODHD · as of 7/4/2026, 3:22:19 AM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC
2024-06-28
Powell Ethan
Director
Buy6.75K @ $7.47$50.4K
2022-12-05
Froehlich Robert J
Director
Sell1.39K @ $9.77$13.6K
2021-10-12
Froehlich Robert J
Director
Buy999.00 @ $9.42$9.41K
2021-07-08
Froehlich Robert J
Director
Buy3.60K @ $9.15$32.9K
2021-07-08
Froehlich Robert J
Director
Buy758.00 @ $9.15$6.94K
2020-10-13
Froehlich Robert J
Director
Buy1.00K @ $6.05$6.05K
2020-02-25
Froehlich Robert J
Director
Buy182.00 @ $9.03$1.64K

Dividends

Monthly
Yield (TTM)
16.9%
Annual / share
$1.29
Last ex-date
2026-09-23
Last amount
$0.09
ex 2026-09-23paid 2026-09-30$0.09
ex 2026-08-24paid 2026-08-31$0.09
ex 2026-07-24paid 2026-07-31$0.09
ex 2026-06-23paid 2026-06-30$0.09
ex 2026-05-22paid 2026-05-29$0.09
ex 2026-04-23paid 2026-04-30$0.09

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Recent news

market news →
Highland Global Allocation Fund declares $0.085 dividendBullish
seekingalpha.com· 2026-01-02
Highland Global Allocation Fund declares $0.088 dividendBullish
seekingalpha.com· 2025-10-02
Highland Global Allocation Fund Declares Monthly Distributions of $0.081 Per ShareBullish
globenewswire.com· 2022-01-04
Highland Global Allocation Fund Declares Monthly Distributions of $0.081 Per ShareBullish
globenewswire.com· 2022-01-04
Modern Capital Funds Trust Buys PIMCO High Income Fund, Advent Claymore Convt Security & ...Bullish
finance.yahoo.com· 2021-12-14
Highland Global Allocation Fund Declares Monthly Distributions of $0.071 Per ShareBullish
globenewswire.com· 2021-10-01

Vs tracked universe

compare →

1196 tracked peers · median

EDGAR Score32 vs 67
Revenue growth— vs 7.5%
Net margin— vs 10.0%
Return on equity— vs 12.0%
P/E— vs 26.2