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Highland Opportunities andome Fund (Highland Opportunities andome Fund) Book Value per Share : $12.74 (As of Dec. 2023)


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What is Highland Opportunities andome Fund Book Value per Share?

Highland Opportunities andome Fund's book value per share for the quarter that ended in Dec. 2023 was $12.74.

During the past 12 months, Highland Opportunities andome Fund's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Highland Opportunities andome Fund was 3.90% per year. The lowest was -6.70% per year. And the median was -0.30% per year.

Highland Opportunities andome Fund's current price is $6.45. Its book value per share for the quarter that ended in Dec. 2023 was $12.74. Hence, today's PB Ratio of Highland Opportunities andome Fund is 0.51.

During the past 6 years, the highest P/B Ratio of Highland Opportunities andome Fund was 1.06. The lowest was 0.48. And the median was 0.89.

Good Sign:

Highland Opportunities and Income Fund stock PB Ratio (=0.51) is close to 10-year low of 0.48


Highland Opportunities andome Fund Book Value per Share Historical Data

The historical data trend for Highland Opportunities andome Fund's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Highland Opportunities andome Fund Book Value per Share Chart

Highland Opportunities andome Fund Annual Data
Trend Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial 11.93 11.36 12.29 11.84 12.74

Highland Opportunities andome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.29 13.43 11.84 13.61 12.74

Competitive Comparison of Highland Opportunities andome Fund's Book Value per Share

For the Asset Management subindustry, Highland Opportunities andome Fund's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Highland Opportunities andome Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Highland Opportunities andome Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Highland Opportunities andome Fund's PB Ratio falls into.



Highland Opportunities andome Fund Book Value per Share Calculation

Highland Opportunities andome Fund's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(870.42-0.00)/68.30
=12.74

Highland Opportunities andome Fund's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(870.42-0.00)/68.30
=12.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Highland Opportunities andome Fund  (NYSE:HFRO) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Highland Opportunities andome Fund Book Value per Share Related Terms

Thank you for viewing the detailed overview of Highland Opportunities andome Fund's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Highland Opportunities andome Fund (Highland Opportunities andome Fund) Business Description

Traded in Other Exchanges
Address
300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
Highland Opportunities and Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of current income, consistent with the preservation of capital. The company's portfolio of investments includes different industry investments such as financial, chemicals, energy, healthcare, industrial, manufacturing, and others.
Executives
Robert J Froehlich director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Dorri Mcwhorter director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Pamela B Corrie director 100 PIER 1 PLACE, FORT WORTH TX 76102
Stephanie Vitiello officer: Chief Compliance Officer NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Brian Mitts officer: PEO, PFO & Assistant Treasurer 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Dustin David Norris director, officer: Secretary 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
James Bradley Ross officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Bryan A Ward director 3625 ROSEDALE, DALLAS TX 75205
Robert Jason Post officer: Chief Compliance Officer 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Clifford Stoops officer: Assistant Treasurer 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Frank George Waterhouse officer: See Remarks 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Ethan Powell director 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
John Honis director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Timothy K Hui director 48 WILLOW GREEN DRIVE, CHURCHVILLE PA 18966
Parker Lee Blackwell Iii officer: Executive Vice President 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201

Highland Opportunities andome Fund (Highland Opportunities andome Fund) Headlines