HGLB (Highland Global Allocation Fund) Effective Interest Rate on Debt %: 0.00% (As of Mar. 2026)


HGLB Highland Global Allocation Fund HGLB
46 GF Score
Price $7.59
GF Value $3.93
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Highland Global Allocation Fund Effective Interest Rate on Debt %?

Highland Global Allocation Fund HGLB -0.65% 46 Effective Interest Rate on Debt % is 0.00% as of Mar. 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.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Highland Global Allocation Fund's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $1.52 Mil. Highland Global Allocation Fund's average total debt for the quarter that ended in Mar. 2026 was $0.00 Mil. Therefore, Highland Global Allocation Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was N/A%.


Highland Global Allocation Fund  (NYSE:HGLB) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Highland Global Allocation Fund Effective Interest Rate on Debt % Related Terms


Highland Global Allocation Fund Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Highland Global Allocation Fund's Effective Interest Rate on Debt % 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.

Highland Global Allocation Fund Effective Interest Rate on Debt % Chart

Highland Global Allocation Fund Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 0.00 0.00 87.04 57.75 0.00

Highland Global Allocation Fund Semi-Annual Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 81.42 31.01 0.00 0.00 0.00

HGLB vs FLC, DHF, ECF: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, Highland Global Allocation Fund's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Global Allocation Fund Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Highland Global Allocation Fund's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Highland Global Allocation Fund's Effective Interest Rate on Debt % falls into.


HGLB
46GF Score
Highland Global Allocation Fund HGLB
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Highland Global Allocation Fund Effective Interest Rate on Debt % Calculation

Highland Global Allocation Fund's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2024 )+Total Debt  (A: Sep. 2025 ))/ count )
=-1  *  -1.603/( (0+0)/ 1 )
=-1  *  -1.603/0
=N/A %

where

Highland Global Allocation Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -1.516/( (0+0)/ 1 )
=-1  *  -1.516/0
=N/A %

where

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 0.00% mean?
Highland Global Allocation Fund (HGLB) has a Effective Interest Rate on Debt % of 0.00% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Highland Global Allocation Fund and its competitors.
Is Highland Global Allocation Fund's Effective Interest Rate on Debt % too high?
Highland Global Allocation Fund's current Effective Interest Rate on Debt % is 0.00%. 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 Effective Interest Rate on Debt % compare to FLC and DHF?
Highland Global Allocation Fund's Effective Interest Rate on Debt % of 0.00% 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 Effective Interest Rate on Debt % for an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Highland Global Allocation Fund and its competitors. Highland Global Allocation Fund's current Effective Interest Rate on Debt % is 0.00%. 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 Effective Interest Rate on Debt % is 0.00%. 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 Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Highland Global Allocation Fund (HGLB), the current Effective Interest Rate on Debt % is 0.00% as of Mar. 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:

  • Effective Interest Rate on Debt %: 0.00%
  • 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

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.59
Price
$3.93
GF Value