Highland Global Allocation FundHGLB -0.65%46 5-Year Yield-on-Cost % is 17.95 as of Jul. 11, 2026, which is 22% above its 10-year median of 14.76. 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 1,113 Asset Management companies, Highland Global Allocation Fund ranks better than 91.64% on this metric.
The historical rank and industry rank for Highland Global Allocation Fund's 5-Year Yield-on-Cost % or its related term are showing as below:
HGLB'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 10.02 Med: 14.76 Max: 19.7
Current: 17.95
During the past 7 years, Highland Global Allocation Fund's highest Yield on Cost was 19.70. The lowest was 10.02. And the median was 14.76.
HGLB's 5-Year Yield-on-Cost % is ranked better than 91.64% of 1113
companies
in the Asset Management industry
Industry Median: 6.39
vs HGLB: 17.95
Highland Global Allocation Fund (NYSE:HGLB) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Highland Global Allocation Fund 5-Year Yield-on-Cost % Related Terms
HGLB vs FLC, DHF, ECF: 5-Year Yield-on-Cost % Comparison
For the Asset Management subindustry, Highland Global Allocation Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Highland Global Allocation Fund's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Highland Global Allocation Fund's 5-Year Yield-on-Cost % falls into.
Highland Global Allocation Fund 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Highland Global Allocation Fund (HGLB) has a 5-Year Yield-on-Cost % of 17.95 as of Jul. 11, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Highland Global Allocation Fund and its competitors. This is 22% above median its historical median of 14.76. Over the past decade, Highland Global Allocation Fund's 5-Year Yield-on-Cost % has ranged from 10.02 to 19.70. According to the industry distribution chart, Highland Global Allocation Fund ranks #93 out of 1113 companies in the Asset Management industry, placing it in the top 8.4%.
Is Highland Global Allocation Fund's 5-Year Yield-on-Cost % too high?
Highland Global Allocation Fund's current 5-Year Yield-on-Cost % of 17.95 is 22% above median its 10-year median of 14.76. Over the past 10 years, this metric has ranged from a low of 10.02 to a high of 19.70. The Asset Management industry median 5-Year Yield-on-Cost % is 6.39. Highland Global Allocation Fund's value of 17.95 is 180.9% above this industry median. Based on the distribution chart, Highland Global Allocation Fund ranks #93 out of 1113 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 5-Year Yield-on-Cost % compare to FLC and DHF?
According to the Asset Management industry distribution chart, Highland Global Allocation Fund ranks #93 out of 1113 companies for 5-Year Yield-on-Cost %. This places Highland Global Allocation Fund in the top 8% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 6.39. Highland Global Allocation Fund's value of 17.95 is 180.9% above this benchmark. Historically, Highland Global Allocation Fund's own 5-Year Yield-on-Cost % has ranged from 10.02 to 19.70 over the past decade. While the company's 10-year median is 14.76 vs. the industry median of 6.39, Highland Global Allocation 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 5-Year Yield-on-Cost % for an Asset Management company?
The median 5-Year Yield-on-Cost % among Asset Management companies is 6.39, based on 1,113 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Highland Global Allocation Fund's current 5-Year Yield-on-Cost % of 17.95 is 180.9% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Highland Global Allocation Fund and its competitors. For the Asset Management industry, the median 5-Year Yield-on-Cost % is 6.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highland Global Allocation Fund's current 5-Year Yield-on-Cost % is 17.95, which is 22% above median its own 10-year median of 14.76. 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 5-Year Yield-on-Cost % is 17.95, which is 22% above median its 10-year median of 14.76 and 180.9% above the Asset Management industry median of 6.39. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Highland Global Allocation Fund (HGLB), the current 5-Year Yield-on-Cost % is 17.95 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:
5-Year Yield-on-Cost %: 17.95 (22% above median its 10-year median of 14.76)
GF Value™: $3.93 vs. price of $7.59 (93.1% above fair value)
Industry Position: 180.9% above the Asset Management median (#93 of 1113)
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
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
Get the complete analysis for HGLB
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HGLB has been successfully added to your 