Highland Floating Financials
| HFRO Fund | USD 5.77 0.48 9.07% |
Highland |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Highland Floating Fund Summary
Highland Floating competes with Neuberger Berman, SRH Total, Nuveen Municipal, Doubleline Income, and Blackrock Innovation. Highland Funds I - Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships. The fund seeks to invest in below investment grade securities. It also invests through derivatives. The fund benchmarks the performance of its portfolio against the Credit Suisse Leveraged Loan Index. It was formerly known as Highland Funds I - Highland Income Fund. Highland Funds I - Highland Opportunities and Income Fund was formed on January 13, 2000 and is domiciled in the United States.Specialization | null, Bank Loan |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US43010E4044 |
| CUSIP | 43010E404 |
| Location | Texas; U.S.A |
| Business Address | 300 Crescent Court |
| Fund Family | Financial Services |
| Fund Category | Asset Management |
| Benchmark | Dow Jones Industrial |
| Website | www.highlandfunds.com/funds---performance/mutual-funds/alternative-investment/floating-rate-opportunities |
| Phone | 214 276 6300 |
| Currency | USD - US Dollar |
Highland Floating Key Financial Ratios
Highland Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Highland Floating's current stock value. Our valuation model uses many indicators to compare Highland Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Highland Floating competition to find correlations between indicators driving Highland Floating's intrinsic value. More Info.Highland Floating Rate is rated # 5 fund in price to earning among similar funds. It is rated below average in annual yield among similar funds . The ratio of Price To Earning to Annual Yield for Highland Floating Rate is about 934.00 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Highland Floating's earnings, one of the primary drivers of an investment's value.Highland Floating Rate Systematic Risk
Highland Floating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Highland Floating volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Highland Floating Rate correlated with the market. If Beta is less than 0 Highland Floating generally moves in the opposite direction as compared to the market. If Highland Floating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Highland Floating Rate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Highland Floating is generally in the same direction as the market. If Beta > 1 Highland Floating moves generally in the same direction as, but more than the movement of the benchmark.
Highland Floating November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Highland Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Highland Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Highland Floating Rate based on widely used predictive technical indicators. In general, we focus on analyzing Highland Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Highland Floating's daily price indicators and compare them against related drivers.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 4.82 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.54 |
Other Information on Investing in Highland Fund
Highland Floating financial ratios help investors to determine whether Highland Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Highland with respect to the benefits of owning Highland Floating security.
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