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Highland Global Allocation Fund (Highland Global Allocation Fund) 5-Year Yield-on-Cost % : 13.61 (As of May. 05, 2024)


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What is Highland Global Allocation Fund 5-Year Yield-on-Cost %?

Highland Global Allocation Fund's yield on cost for the quarter that ended in Sep. 2023 was 13.61.


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: 7.63   Med: 10.05   Max: 15
Current: 13.61


During the past 5 years, Highland Global Allocation Fund's highest Yield on Cost was 15.00. The lowest was 7.63. And the median was 10.05.


HGLB's 5-Year Yield-on-Cost % is ranked better than
89.93% of 1212 companies
in the Asset Management industry
Industry Median: 5.99 vs HGLB: 13.61

Competitive Comparison of Highland Global Allocation Fund's 5-Year Yield-on-Cost %

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's 5-Year Yield-on-Cost % Distribution in the 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.

Therefore, Yield-on-Cost of Highland Global Allocation Fund is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

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

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Highland Global Allocation Fund (Highland Global Allocation Fund) Business Description

Traded in Other Exchanges
N/A
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.
Executives
Robert J Froehlich director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Dorri Mcwhorter director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Pamela B Corrie director 100 PIER 1 PLACE, FORT WORTH TX 76102
Stephanie Vitiello officer: Chief Compliance Officer NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Brian Mitts officer: PEO, PFO & Assistant Treasurer 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Dustin David Norris director, officer: Secretary 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Bryan A Ward director 3625 ROSEDALE, DALLAS TX 75205
Robert Jason Post officer: Chief Compliance Officer 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Clifford Stoops officer: Assistant Treasurer 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Frank George Waterhouse officer: See Remarks 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Ethan Powell director 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
John Honis director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Timothy K Hui director 48 WILLOW GREEN DRIVE, CHURCHVILLE PA 18966
Parker Lee Blackwell Iii officer: Executive Vice President 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201