HGLB

Highland Global Allocation Fund

NYSE· Financial Services· Asset Management· CUSIP 43010T104

$7.53-0.13%Price as of Aug 29, 18:43 UTC · updated once a day, after the close

Key metrics

Market cap: $177.64M
P/E: 18.8x
Forward P/E: —
P/B: —
Dividend yield: 13.55%
Payout: 255.00%
EPS: $0.40
ROE: —
Profit margin: 0.00%
Revenue growth: —
Beta: —
52-week high: $10.64
52-week low: $7.14

History

How the company evolved, year by year. Revenue and debt come from the annual reports — for most companies, the 10-K filings with the SEC since 2009; dividends from the payments themselves.

Equity, revenue and profitEquityRevenueNet income

The bars are a balance on the closing date; the lines are what happened during the year. Revenue above equity is ordinary, not an anomaly — it means the company turns its capital over more than once a year.

Revenue4 years

Net debtDebt minus cash — below zero means more cash than debt

Dividend per share8 years

Dividend growthYear over year, complete years only — a year still running would show a fall that has not happened.

Investors holding this

Major managers that reported this stock in their latest 13F.

Price over time

▼ -28.3% over 5Y.

If you had invested$ago,

today you would have $1,343.60▲ +34.4%

Dividends reinvested, splits accounted for. Past prices say what happened, not what will.

Indicators, year by year

The last 4 closed years. Each multiple uses that year’s closing price and that year’s reported numbers — not today’s. The range is set by the annual reports on record.

Indicator	Median	2025	2024	2023	2022
Year-end price		$9.13	$6.81	$7.86	$9.42
P/E	7.9x	3.2x	4.9x	10.9x	14.1x
P/S	7.3x	3.1x	4.7x	10.0x	12.8x
P/B	0.7x	0.7x	0.6x	0.7x	0.8x
EPS		$2.85

Fair price, seven ways

Not shown for closed-end funds and BDCs. The methods assume operating profit, and a fund’s earnings per share are capital gains on its portfolio plus interest income — running them through Graham or a discounted cash flow produces a number that looks like a valuation and means nothing. What matters for a fund is its price against net asset value, which this site does not track.

Others in the same sector

Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.

Stock	Price	P/E	P/B	Dividend yield	ROE	Market cap
WHGWestwood Holdings Group Inc	$18.64	21.4x	1.2x	3.22%	6.31%	$177.88M
BAFNBayFirst Financial Corp.	$6.61	—	1.1x	3.63%	-52.42%	$178.22M
CHECChenghe Acquisition III Co.	$10.23	42.6x	—	—	—	$176.72M
PAACProem Acquisition Corp. I

About the company

Headquarters: Dallas, United States

History

How the company evolved, year by year. Revenue and debt come from the annual reports — for most companies, the 10-K filings with the SEC since 2009; dividends from the payments themselves.

Equity, revenue and profitEquityRevenueNet income

Revenue4 years

Net debtDebt minus cash — below zero means more cash than debt

Dividend per share8 years

Dividend growthYear over year, complete years only — a year still running would show a fall that has not happened.

Indicators, year by year

The last 4 closed years. Each multiple uses that year’s closing price and that year’s reported numbers — not today’s. The range is set by the annual reports on record.

Indicator	Median	2025	2024	2023	2022
Year-end price		$9.13	$6.81	$7.86	$9.42
P/E	7.9x	3.2x	4.9x	10.9x	14.1x
P/S	7.3x	3.1x	4.7x	10.0x	12.8x
P/B	0.7x	0.7x	0.6x	0.7x	0.8x
EPS		$2.85

Fair price, seven ways

Others in the same sector

Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.

Stock

Price

P/E

P/B

Dividend yield

ROE

Market cap

WHGWestwood Holdings Group Inc

$18.64

21.4x

1.2x

3.22%

6.31%

$177.88M

BAFNBayFirst Financial Corp.

$6.61

—

1.1x

3.63%

-52.42%

$178.22M

CHECChenghe Acquisition III Co.

$10.23

42.6x

—

$176.72M

PAACProem Acquisition Corp. I