Highland Global Allocation Fund: Maintaining Stability Amidst Market Fluctuations

The Highland Global Allocation Fund (NYSE: HGLB) has announced monthly distributions of $0.088 per share, payable on the dates noted below. This declaration is a testament to the Fund's commitment to providing a stable and predictable income stream to its shareholders, even in the face of market fluctuations and changing financial conditions.

The Fund's Level Distribution Policy, approved by the Board of Trustees in March 2019, aims to provide a constant and fixed (but not guaranteed) rate of monthly distributions to stockholders. This policy resets annually to a rate calculated based on the average of the Fund's net asset value (NAV) per share, as reported for the final five trading days of the month preceding the announcement of distributions. This approach allows the Fund to maintain a stable level of distributions, even as market conditions and interest rates change.



The Fund's investment strategy, focusing on sectors with stable profits and cash flows, contributes to its ability to maintain a constant distribution rate. By targeting sectors with consistent earnings and cash generation, the Fund can ensure a steady stream of income to support its distributions. This strategy enables the Fund to navigate market fluctuations and maintain a stable level of distributions to shareholders.



The Fund's ability to adapt its portfolio and distribution policy in response to changing market conditions and interest rates is crucial for its long-term performance and distribution stability. The Fund's Level Distribution Policy, along with its active portfolio management, enables it to capitalize on new opportunities, mitigate risks, and maintain a consistent level of distributions to shareholders. This adaptability helps the Fund to preserve capital and generate future income, which aligns with its objective of providing long-term growth of capital and future income.

In conclusion, the Highland Global Allocation Fund's declaration of monthly distributions of $0.088 per share demonstrates its commitment to maintaining a stable and predictable income stream for its shareholders. The Fund's Level Distribution Policy, investment strategy, and adaptability enable it to navigate market fluctuations and provide a consistent level of distributions to its shareholders. As the Fund continues to evolve and adapt to changing market conditions, it remains a strong choice for investors seeking a stable and reliable income stream.