HFRO (Highland Opportunities andome Fund) FCF Yield %: 2.22 (As of Jul. 07, 2026) — 69% Below Median


HFRO Highland Opportunities and Income Fund HFRO
39 GF Score
Price $7.51
! 4 Warning Signs
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What is Highland Opportunities andome Fund FCF Yield %?

Highland Opportunities andome Fund HFRO 39 FCF Yield % is 2.22 as of Jul. 07, 2026, which is 69% below its 10-year median of 7.25. GuruFocus rates HFRO with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 1,509 Asset Management companies, Highland Opportunities andome Fund ranks better than 50.63% on this metric.

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Highland Opportunities andome Fund's Trailing 12-Month Free Cash Flow is $9.26 Mil, and Market Cap is $416.10 Mil. Therefore, Highland Opportunities andome Fund's FCF Yield % for today is 2.22%.

The historical rank and industry rank for Highland Opportunities andome Fund's FCF Yield % or its related term are showing as below:

HFRO' s FCF Yield % Range Over the Past 10 Years
Min: -76.24   Med: 7.25   Max: 56.66
Current: 2.22


During the past 8 years, the highest FCF Yield % of Highland Opportunities andome Fund was 56.66%. The lowest was -76.24%. And the median was 7.25%.

HFRO's FCF Yield % is ranked better than
50.63% of 1509 companies
in the Asset Management industry
Industry Median: 2.03 vs HFRO: 2.22

Highland Opportunities andome Fund's FCF Margin % for the quarter that ended in Dec. 2025 was -38.02%.


Highland Opportunities andome Fund FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Highland Opportunities andome Fund FCF Yield % Related Terms


Highland Opportunities andome Fund FCF Yield % Historical Data

* Premium members only.

The historical data trend for Highland Opportunities andome Fund's FCF Yield % 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 Opportunities andome Fund FCF Yield % Chart

Highland Opportunities andome Fund Annual Data
Trend Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Yield %
Get a 7-Day Free Trial 27.11 0.07 8.62 23.60 2.79

Highland Opportunities andome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Yield % 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 Premium Member Only Premium Member Only 9.96 41.60 -3.52 13.54 -6.18

HFRO vs GBAB, ALTI, NCV: FCF Yield % Comparison

For the Asset Management subindustry, Highland Opportunities andome Fund's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % vs Asset Management Industry

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

* The bar in red indicates where Highland Opportunities andome Fund's FCF Yield % falls into.


HFRO
39GF Score
Highland Opportunities and Income Fund HFRO
FCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Highland Opportunities andome Fund FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Highland Opportunities andome Fund's FCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=9.256 / 331.22024
=2.79%

Highland Opportunities andome Fund's annualized FCF Yield % for the quarter that ended in Dec. 2025 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-10.233 * 2 / 331.22024
=-6.18%

* 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.

Frequently Asked Questions Learn more about FCF Yield % →
What does a FCF Yield % of 2.22 mean?
Highland Opportunities andome Fund (HFRO) has a FCF Yield % of 2.22 as of Jul. 07, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Highland Opportunities andome Fund and its competitors. This is 69% below median its historical median of 7.25. According to the industry distribution chart, Highland Opportunities andome Fund ranks #745 out of 1509 companies in the Asset Management industry, placing it in the top 49.4%.
Is Highland Opportunities andome Fund's FCF Yield % too high?
Highland Opportunities andome Fund's current FCF Yield % of 2.22 is 69% below median its 10-year median of 7.25. The Asset Management industry median FCF Yield % is 2.03. Highland Opportunities andome Fund's value of 2.22 is 9.4% above this industry median. Based on the distribution chart, Highland Opportunities andome Fund ranks #745 out of 1509 companies in the Asset Management industry, which is above the industry midpoint. Overall, Highland Opportunities andome Fund has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Highland Opportunities andome Fund's FCF Yield % compare to GBAB and ALTI?
According to the Asset Management industry distribution chart, Highland Opportunities andome Fund ranks #745 out of 1509 companies for FCF Yield %. This puts Highland Opportunities andome Fund in the upper half of its industry. The industry median FCF Yield % is 2.03. Highland Opportunities andome Fund's value of 2.22 is 9.4% above this benchmark. While the company's 10-year median is 7.25 vs. the industry median of 2.03, Highland Opportunities andome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for an Asset Management company?
The median FCF Yield % among Asset Management companies is 2.03, based on 1,509 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Highland Opportunities andome Fund's current FCF Yield % of 2.22 is 9.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Highland Opportunities andome Fund and its competitors. For the Asset Management industry, the median FCF Yield % is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highland Opportunities andome Fund's current FCF Yield % is 2.22, which is 69% below median its own 10-year median of 7.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highland Opportunities andome Fund stock overvalued right now?
Highland Opportunities andome Fund (HFRO) has a current FCF Yield % of 2.22. The current FCF Yield % is 2.22, which is 69% below median its 10-year median of 7.25 and 9.4% above the Asset Management industry median of 2.03. Highland Opportunities andome Fund's overall GF Score™ is 39/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Highland Opportunities andome Fund (HFRO), the current FCF Yield % is 2.22 as of Jul. 07, 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.

Highland Opportunities andome Fund Business Description

Other Exchanges HFROpA.PFD:USA
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 Income Fund seeks growth of capital along with income. It focuses on making investments in real estate securities, including Reits, secured and unsecured fixed-rate loans and corporate bonds, mezzanine securities, structured products, convertible and preferred securities and equities (public and private), and floating rate securities.
39GF Score

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FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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