HFRO (Highland Opportunities andome Fund) Shareholder Yield % : 6.14% (As of Dec. 2025) — 52% Below Median


HFRO Highland Opportunities and Income Fund HFRO
39 GF Score
Price $7.51
! 4 Warning Signs
View Full Analysis

What is Highland Opportunities andome Fund Shareholder Yield %?

Highland Opportunities andome Fund HFRO 39 Shareholder Yield % is 6.14% as of Dec. 2025, which is 52% below its 10-year median of 12.91. GuruFocus rates HFRO with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 1,481 Asset Management companies, Highland Opportunities andome Fund ranks better than 60.3% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Highland Opportunities andome Fund's Shareholder Yield % was 6.14%.


Highland Opportunities andome Fund  (NYSE:HFRO) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Highland Opportunities andome Fund Shareholder Yield % Related Terms


Highland Opportunities andome Fund Shareholder Yield % Historical Data

* Premium members only.

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

Highland Opportunities andome Fund Annual Data
Trend Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shareholder Yield %
Get a 7-Day Free Trial 11.14 11.71 12.38 14.77 7.72

Highland Opportunities andome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Shareholder 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 12.38 14.54 14.77 10.74 7.72

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

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

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

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


HFRO
39GF Score
Highland Opportunities and Income Fund HFRO
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Highland Opportunities andome Fund Shareholder Yield % Calculation

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

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=7.73 %+-0.01 %+0 %
=7.72 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 6.14% mean?
Highland Opportunities andome Fund (HFRO) has a Shareholder Yield % of 6.14% as of Dec. 2025. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Highland Opportunities andome Fund and its competitors. This is 52% below median its historical median of 12.91. Over the past decade, Highland Opportunities andome Fund's Shareholder Yield % has ranged from 6.14 to 31.87. According to the industry distribution chart, Highland Opportunities andome Fund ranks #588 out of 1481 companies in the Asset Management industry, placing it in the top 39.7%.
Is Highland Opportunities andome Fund's Shareholder Yield % too high?
Highland Opportunities andome Fund's current Shareholder Yield % of 6.14% is 52% below median its 10-year median of 12.91. Over the past 10 years, this metric has ranged from a low of 6.14 to a high of 31.87. The Asset Management industry median Shareholder Yield % is 4.16. Highland Opportunities andome Fund's value of 6.14% is 47.6% above this industry median. Based on the distribution chart, Highland Opportunities andome Fund ranks #588 out of 1481 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 Shareholder Yield % compare to GBAB and ALTI?
According to the Asset Management industry distribution chart, Highland Opportunities andome Fund ranks #588 out of 1481 companies for Shareholder Yield %. This puts Highland Opportunities andome Fund in the upper half of its industry. The industry median Shareholder Yield % is 4.16. Highland Opportunities andome Fund's value of 6.14% is 47.6% above this benchmark. Historically, Highland Opportunities andome Fund's own Shareholder Yield % has ranged from 6.14 to 31.87 over the past decade. While the company's 10-year median is 12.91 vs. the industry median of 4.16, 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 Shareholder Yield % for an Asset Management company?
The median Shareholder Yield % among Asset Management companies is 4.16, based on 1,481 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Highland Opportunities andome Fund's current Shareholder Yield % of 6.14% is 47.6% 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 Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Highland Opportunities andome Fund and its competitors. For the Asset Management industry, the median Shareholder Yield % is 4.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highland Opportunities andome Fund's current Shareholder Yield % is 6.14%, which is 52% below median its own 10-year median of 12.91. 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 Shareholder Yield % of 6.14%. The current Shareholder Yield % is 6.14%, which is 52% below median its 10-year median of 12.91 and 47.6% above the Asset Management industry median of 4.16. 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 Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Highland Opportunities andome Fund (HFRO), the current Shareholder Yield % is 6.14% 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

Get the complete analysis for HFRO

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

$7.51
Price