HGLB (Highland Global Allocation Fund) Float Percentage Of Total Shares Outstanding: 70.00% (As of Jul. 11, 2026)


HGLB Highland Global Allocation Fund HGLB
46 GF Score
Price $7.59
GF Value $3.93
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Highland Global Allocation Fund Float Percentage Of Total Shares Outstanding?

Highland Global Allocation Fund HGLB -0.65% 46 Float Percentage Of Total Shares Outstanding is 70.00% as of Jul. 11, 2026. GuruFocus rates HGLB with a GF Score™ of 46/100 and a GF Value™ of $3.93 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Highland Global Allocation Fund's float shares is 16.51 Mil. Highland Global Allocation Fund's total shares outstanding is 23.59 Mil. Highland Global Allocation Fund's float percentage of total shares outstanding is 70.00%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Highland Global Allocation Fund's Insider Ownership is 0.09%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Highland Global Allocation Fund's Institutional Ownership is 26.56%.

HGLB
46GF Score
Highland Global Allocation Fund HGLB
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Highland Global Allocation Fund Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Highland Global Allocation Fund's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=16.51/23.59
=70.00%

* 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.

What does a Float Percentage Of Total Shares Outstanding of 70.00% mean?
Highland Global Allocation Fund (HGLB) has a Float Percentage Of Total Shares Outstanding of 70.00% as of Jul. 11, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Highland Global Allocation Fund and its competitors.
Is Highland Global Allocation Fund's Float Percentage Of Total Shares Outstanding too high?
Highland Global Allocation Fund's current Float Percentage Of Total Shares Outstanding is 70.00%. Overall, Highland Global Allocation Fund has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Highland Global Allocation Fund's Float Percentage Of Total Shares Outstanding compare to FLC and DHF?
Highland Global Allocation Fund's Float Percentage Of Total Shares Outstanding of 70.00% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for an Asset Management company?
A good Float Percentage Of Total Shares Outstanding depends on the Asset Management industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Highland Global Allocation Fund and its competitors. Highland Global Allocation Fund's current Float Percentage Of Total Shares Outstanding is 70.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highland Global Allocation Fund stock overvalued right now?
Based on GuruFocus' analysis, Highland Global Allocation Fund (HGLB) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.93, compared to a current price of $7.59 — trading 93.1% above its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 70.00%. Highland Global Allocation Fund's overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Highland Global Allocation Fund (HGLB), the current Float Percentage Of Total Shares Outstanding is 70.00% as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Highland Global Allocation Fund (HGLB) Overvalued in 2026?

Based on GuruFocus' analysis, Highland Global Allocation Fund stock appears to be overvalued. The current stock price of $7.59 is trading 93.1% above its estimated GF Value™ of $3.93. GuruFocus considers Highland Global Allocation Fund to be Significantly Overvalued.

Key valuation signals for HGLB:

  • Float Percentage Of Total Shares Outstanding: 70.00%
  • GF Value™: $3.93 vs. price of $7.59 (93.1% above fair value)
  • GF Score™: 46/100 with 2 warning signs

No single metric tells the full story. See the HGLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Highland Global Allocation Fund Business Description

Address 300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
Highland Global Allocation Fund is a diversified, closed-end management investment company. The investment objective of the Fund is to seek long-term growth of capital and future income. The Fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt, and money market securities. It may also invest in senior loans to domestic or foreign corporations, partnerships, and other entities that operate in a variety of industries and geographic regions.
46GF Score

Get the complete analysis for HGLB

Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.59
Price
$3.93
GF Value