HFRO (Highland Opportunities andome Fund) Selling, General, & Admin. Expense: $6.19 Mil (TTM As of Dec. 2025)

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HFRO Highland Opportunities and Income Fund HFRO
39 GF Score
Price $7.34
! 4 Warning Signs
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What is Highland Opportunities andome Fund Selling, General, & Admin. Expense?

Highland Opportunities andome Fund HFRO +0.27% 39 Selling, General, & Admin. Expense is $6.19 Mil as of Dec. 2025. GuruFocus rates HFRO with a GF Score™ of 39/100. The stock has 4 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Highland Opportunities andome Fund's selling, general, & admin. expense for the six months ended in Dec. 2025 was $3.89 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $6.19 Mil.


Highland Opportunities andome Fund  (NYSE:HFRO) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Highland Opportunities andome Fund Selling, General, & Admin. Expense Related Terms


Highland Opportunities andome Fund Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Highland Opportunities andome Fund's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Highland Opportunities andome Fund Annual Data
Trend Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 8.27 5.49 4.90 5.34 6.19

Highland Opportunities andome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Selling, General, & Admin. Expense 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 2.34 2.50 2.85 2.30 3.89

HFRO vs CCAP, ISD, FINS: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Highland Opportunities andome Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Highland Opportunities andome Fund's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Highland Opportunities andome Fund's Selling, General, & Admin. Expense falls into.


HFRO
39GF Score
Highland Opportunities and Income Fund HFRO
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Highland Opportunities andome Fund Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $6.19 Mil.

* 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 Selling, General, & Admin. Expense of $6.19 Mil mean?
Highland Opportunities andome Fund (HFRO) has a Selling, General, & Admin. Expense of $6.19 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Highland Opportunities andome Fund and its competitors.
Is Highland Opportunities andome Fund's Selling, General, & Admin. Expense too high?
Highland Opportunities andome Fund's current Selling, General, & Admin. Expense is $6.19 Mil. 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 Selling, General, & Admin. Expense compare to CCAP and ISD?
Highland Opportunities andome Fund's Selling, General, & Admin. Expense of $6.19 Mil 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 Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Highland Opportunities andome Fund and its competitors. Highland Opportunities andome Fund's current Selling, General, & Admin. Expense is $6.19 Mil. 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 Selling, General, & Admin. Expense of $6.19 Mil. The current Selling, General, & Admin. Expense is $6.19 Mil. 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Highland Opportunities andome Fund (HFRO), the current Selling, General, & Admin. Expense is $6.19 Mil as of Dec. 2025. 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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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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