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Posted by
Two Blokes Jun 12 -
Filed in
Stock
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5 views
Highland Global Allocation Fund offers a high-yield and global diversification, but its distribution history is inconsistent and partially reliant on return of capital. The fund trades at a persistent discount to NAV, reflecting structural or performance concerns compared to higher-quality closed-end funds. HGLB's heavy exposure to interest rate-sensitive sectors and reliance on net realized gains make it vulnerable in the current high-rate environment.
