HGLB (Highland Global Allocation Fund) Moat Score: 3/10 (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
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What is Highland Global Allocation Fund Moat Score?

Highland Global Allocation Fund HGLB -0.65% 46 Moat Score is 3 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. Among 1,699 Asset Management companies, Highland Global Allocation Fund ranks better than 90.7% on this metric.

Highland Global Allocation Fund has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

Highland Global Allocation Fund has No Moat: Highland Global Allocation Fund operates in a competitive financial services market with low switching costs and lacks significant brand strength or regulatory barriers to establish a durable moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Highland Global Allocation Fund might have No Moat - Very weak/transient advantages.

Highland Global Allocation Fund  (NYSE:HGLB) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Highland Global Allocation Fund Moat Score Related Terms

HGLB vs FLC, DHF, ECF: Moat Score Comparison

For the Asset Management subindustry, Highland Global Allocation Fund's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Highland Global Allocation Fund's Moat Score distribution charts can be found below:

* The bar in red indicates where Highland Global Allocation Fund's Moat Score falls into.


HGLB
46GF Score
Highland Global Allocation Fund HGLB
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
Highland Global Allocation Fund (HGLB) has a Moat Score of 3 as of Jul. 11, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Highland Global Allocation Fund ranks #158 out of 1699 companies in the Asset Management industry, placing it in the top 9.3%.
Is Highland Global Allocation Fund's Moat Score too high?
Highland Global Allocation Fund's current Moat Score is 3. Based on the distribution chart, Highland Global Allocation Fund ranks #158 out of 1699 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. 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 Moat Score compare to FLC and DHF?
According to the Asset Management industry distribution chart, Highland Global Allocation Fund ranks #158 out of 1699 companies for Moat Score. This places Highland Global Allocation Fund in the top 9% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Asset Management company?
A good Moat Score depends on the Asset Management industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Highland Global Allocation Fund's current Moat Score is 3. 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 Moat Score is 3. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Highland Global Allocation Fund (HGLB), the current Moat Score is 3 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:

  • Moat Score: 3
  • 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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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.59
Price
$3.93
GF Value