US EditionHighland Global Allocation Fund Declares Monthly Distributions of $0.088 Per Share
The Fund's quarterly distribution rate equals 8.5% of its average net asset value, payable monthly from October to December 2025 under its annual reset policy.
- On Oct. 1, 2025, Highland Global Allocation Fund announced monthly distributions of $0.088 per share for Q4 2025, based on the Fund's level distribution policy.
- Under its Level Distribution Policy, the Fund's Board of Trustees reset the annual rate to 8.5% of average NAV based on the final five trading days of 2024, allowing annual resets for future periods.
- Shareholders of the Highland Global Allocation Fund are directed to the 19-1 notice and can elect cash via AST, advisers, or brokers, with Form 1099‑DIV issued for tax reporting.
- To preserve the payout level, the Fund may pay less than net investment income or draw on accumulated undistributed income, while the Fund's Board of Trustees can amend or stop distributions, which may influence the market price of the Fund's common shares.
- For longer-term context, the Fund will distribute realized net long-term capital gains no more than once every twelve months and send detailed notices when distributions differ from net investment income; closed-end fund share trading behavior may vary.
24 Articles
24 Articles
The Norfolk Daily News
Highland Global Allocation Fund Declares Monthly Distributions of $0.088 Per Share
DALLAS, Oct. 1, 2025 /PRNewswire/ -- Highland Global Allocation Fund (NYSE: HGLB) ("the "Fund") today announced the declaration of monthly distributions of $0.088 per share, payable on the dates noted below. Under the Fund's level distribution policy, the annual distribution…
Highland Global Allocation Fund Declares Monthly Distributions of $0.088 Per Share - Highland Glb Allocation (NYSE:HGLB)
DALLAS, Oct. 1, 2025 /PRNewswire/ -- Highland Global Allocation Fund (NYSE: HGLB) ("the "Fund") today announced the declaration of monthly distributions of $0.088 per share, payable on the dates noted below. Under the Fund's level distribution policy, the annual distribution rate has been reset to an amount equal to 8.5% of the average of the Fund's net asset value ("NAV") per share, as reported for the final five trading days of the 2024 calend…
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