HGLB Stock Price, Chart, Stats & News
Highland Global Allocation Fund (HGLB) is a dividend-paying stock with a current dividend yield of 13.84% as of Jul 14, 2026. It pays $1.04 per share over the trailing twelve months and distributes monthly. Its dividend has grown at a 2.45% 5-year compound annual rate.
Dividend safety
HGLB pays out about 260% of earnings, leaving little safety margin.
HGLB chart
Fundamentals
Gross margin | 97.72% |
Operating margin | 96.17% |
Pretax margin | 96.17% |
Net margin | 96.17% |
Effective tax rate | – |
ROA | 17.02% |
ROE | 23.33% |
D/E | – |
Interest coverage ratio | 42.27x |
HGLB valuation
P/E | 18.75x |
P/S | 2.54x |
P/B | 0.58x |
P/CF | 4.59x |
P/FCF | 4.53x |
P/OCF | 4.59x |
PEG | 0.03x |
EV multiple | 2.76x |
About
Highland Global Allocation Fund (HGLB) is structured as a closed-end investment vehicle. Its primary objective is to foster sustained capital appreciation and generate a steady stream of income over the long term. The fund accomplishes these goals by strategically deploying capital into a diverse portfolio comprising both domestic and international equities, fixed-income instruments, and money market assets.
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