Highland Global Allocation Fund Sets 8.5% Yield, Declares $0.085 Monthly Distribution
Highland Global Allocation Fund resets its annual distribution rate to 8.5% of average NAV over the final five trading days of 2025 and will pay $0.085 per share monthly for April through June 2026. Ex-dividend dates are April 23, May 22 and June 23, with payment dates April 30, May 29 and June 30.
1. Level Distribution Policy Reset
On April 1, 2026, Highland Global Allocation Fund’s Board reset the Fund’s annual distribution rate to 8.5% of the average NAV per share reported over the final five trading days of 2025 under its level distribution policy. The reset defines the monthly distribution amount at $0.085 per share for Q2 2026.
2. Q2 2026 Distribution Schedule
The Fund will distribute $0.085 per share on April 30, May 29 and June 30, with ex-dividend dates of April 23, May 22 and June 23. Shareholders can choose cash payouts or reinvest distributions through the Fund’s dividend reinvestment plan by contacting their broker or administrator.
3. Distribution Composition and Risks
Distributions may consist of net investment income or return of capital if investment income is insufficient, which could reduce the Fund’s net assets and raise its expense ratio. The policy may require security sales at inopportune times, and future resets depend on market conditions and portfolio performance.