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  • Fund Type: Open-End Fund
  • Objective: Bank Loans
  • Asset Class: Fixed Income
  • Geographic Focus: Global

Highland Floating Rate Opportunities Fund

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HFRAX:US

7.81 USD 0.03 0.38%

As of 09:29:30 ET on 02/27/2015.

Snapshot for Highland Floating Rate Opportunities Fund (HFRAX)

Year To Date: -0.04% 3-Month: -0.95% 3-Year: +9.68% 52-Week Range: 7.75 - 8.24
1-Month: +1.01% 1-Year: +0.03% 5-Year: - Beta vs SPX: 0.43

Mutual Fund Chart for HFRAX

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  • HFRAX:US 7.81
  • 1M
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Interactive HFRAX Chart

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Fund Profile & Information for HFRAX

Highland Floating Rate Opportunities Fund is an open-end fund incorporated in the USA. The Fund's objective is to provide a high level of current income, consistent with preservation of capital. The Fund invests directly and indirectly in floating rate loans and other floating rate investments.

Inception Date: 06-13-2011 Telephone: 1-855-498-1580
Managers: MARK KIYOSHI OKADA
Web Site: www.highlandfunds.com

Fundamentals for HFRAX

NAV (on 2015-02-27) 7.81
Assets (M) (on 2015-02-27) 827.89
Fund Leveraged N
Minimum Investment 2,500.00
Minimum Subsequent Investment 50.00

Dividends for HFRAX

Dividend Type Daily Accrual
Dividend Frequency Monthly
Last Dividend Net (on 2015-02-27) 0.00
Dividend Yield (ttm) 4.46

Fees & Expenses for HFRAX

Front Load 3.50
Back Load 1.00
Current Mgmt Fee 0.65
Redemption Fee 0.00
12b1 Fee 0.35
Expense Ratio 1.30

Top Fund Holdings for HFRAX

Filing Date: 09/30/2014
Name Position Value % of Total
DOLLAR TREE INC 50,000,000 50,000,000 4.717%
Media General Inc 3,776,559 49,510,688 4.671%
TEXAS COMP ELEC HOLD LLC 38,877,210 28,877,214 2.724%
SUPERVALU INC 23,599,814 23,208,175 2.189%
Highland/iBoxx Senior Loan ETF 1,150,000 22,402,000 2.113%
WEIGHT WATCHERS INTL INC 27,976,286 21,431,793 2.022%
CCS MEDICAL HOLDINGS INC 31,146,760 19,715,899 1.860%
AVAYA INC 17,566,171 17,460,071 1.647%
NATIONAL FINANCIAL PARTNERS 15,965,605 15,852,489 1.495%
DRILLSHIPS OCEAN VENTURES IN 15,625,000 15,195,313 1.433%

Quotes delayed, except where indicated otherwise. Mutual fund NAVs include dividends. All prices in local currency. Time is ET.

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