HCOBX: Highland Global Allocation B

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HCOBX Highland Global Allocation B


Profile

HCOBX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 12.1%
  • 5 Yr Annualized Return 16.9%
  • Net Assets $260 M
  • Holdings in Top 10 24.5%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.84%

SALES FEES

  • Front Load N/A
  • Deferred Load 4.00%

BROKERAGE FEES

  • Turnover 236.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Jan 29, 2007
  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification

  • Primary Caregory N/A
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 11.6%
  • 5 Yr Annualized Total Return 16.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.54%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Highland Global Allocation Fund
  • Fund Family Name
    Highland Funds
  • Inception Date
    Sep 08, 1993
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

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 intends to invest at least 50% of its net assets in equity securities and at least 40% of its net assets in securities of non-U.S. issuers. The fund will primarily invest in equity securities of large capitalization companies (meaning a market capitalization of $2 billion or more) that are located in developed markets.


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Categories

HCOBX - Mutual Fund Categories


Performance

HCOBX - Performance

Return Ranking - Trailing

Period HCOBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr 24.7% -64.8% 268.1% N/A
3 Yr 12.1%* -100.0% 115.6% N/A
5 Yr 16.9%* -100.0% 58.6% N/A
10 Yr 6.4%* -12.1% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period HCOBX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -100.0% 73.0% N/A
2018 N/A -76.0% 212.6% N/A
2017 N/A -65.0% 900.0% N/A
2016 N/A -87.3% 336.8% N/A
2015 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period HCOBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr 21.0% -64.8% 268.1% N/A
3 Yr 11.6%* -100.0% 115.6% N/A
5 Yr 16.9%* -100.0% 58.6% N/A
10 Yr 6.4%* -12.1% 26.3% N/A

* Annualized

Total Return Ranking - Calendar

Period HCOBX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -100.0% 76.6% N/A
2018 N/A -30.7% 212.6% N/A
2017 N/A -65.0% 900.0% N/A
2016 N/A -87.3% 341.1% N/A
2015 N/A -60.1% 304.1% N/A

NAV & Total Return History


Holdings

HCOBX - Holdings

Concentration Analysis

HCOBX Category Low Category High HCOBX % Rank
Net Assets 260 M 10 804 B N/A
Number of Holdings 146 1 17333 N/A
Net Assets in Top 10 60.3 M -7.11 B 145 B N/A
Weighting of Top 10 24.51% 0.0% 20474.3% N/A

Top 10 Holdings

  1. Spirit Realty Capital Inc 4.25%
  2. AMR Corp 3.76%
  3. Ball Corporation 2.70%
  4. Canon, Inc. ADR 2.40%
  5. DeVry Education Group Inc 2.21%
  6. Bayerische Motoren Werke AG 2.11%
  7. ProShares Ultra Silver 1.87%
  8. SBA Communications Corp 1.80%
  9. GNC Holdings Inc 1.72%
  10. Pioneer Natural Resources Company 1.68%

Asset Allocation

Weighting Return Low Return High HCOBX % Rank
Stocks
71.44% -142.98% 259.25% N/A
Bonds
16.01% -955.59% 2458.15% N/A
Other
8.71% -7288.76% 493.15% N/A
Cash
3.82% -2458.20% 7388.76% N/A
Preferred Stocks
0.02% -21.20% 80.89% N/A
Convertible Bonds
0.00% -0.37% 144.58% N/A

Stock Sector Breakdown

Weighting Return Low Return High HCOBX % Rank
Consumer Cyclical
11.91% -20.80% 87.44% N/A
Industrials
10.55% -19.53% 93.31% N/A
Healthcare
9.30% -15.38% 100.00% N/A
Consumer Defense
8.05% -7.54% 98.24% N/A
Technology
6.32% -26.81% 99.57% N/A
Real Estate
5.92% -8.52% 100.26% N/A
Energy
5.34% -6.25% 144.83% N/A
Financial Services
4.34% -7.59% 99.69% N/A
Communication Services
2.01% -9.27% 90.02% N/A
Basic Materials
1.34% -5.18% 96.19% N/A
Utilities
0.39% -3.80% 94.95% N/A

Stock Geographic Breakdown

Weighting Return Low Return High HCOBX % Rank
US
46.41% -142.98% 149.27% N/A
Non US
25.03% -38.73% 159.65% N/A

Bond Sector Breakdown

Weighting Return Low Return High HCOBX % Rank
Corporate
8.07% -46.36% 3345.86% N/A
Securitized
7.56% -24.16% 264.51% N/A
Cash & Equivalents
3.82% -2458.20% 7388.76% N/A
Derivative
0.00% -511.61% 54.22% N/A
Municipal
0.00% 0.00% 165.37% N/A
Government
0.00% -3298.93% 2458.15% N/A

Bond Geographic Breakdown

Weighting Return Low Return High HCOBX % Rank
Non US
11.11% -153.97% 464.75% N/A
US
4.90% -955.59% 2458.15% N/A

Expenses

HCOBX - Expenses

Operational Fees

HCOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.84% -2.86% 950.64% N/A
Management Fee 0.40% 0.00% 2.87% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee 0.20% 0.00% 52000.00% N/A

Sales Fees

HCOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 25.00% N/A
Deferred Load 4.00% 0.25% 5.50% N/A

Trading Fees

HCOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HCOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 236.00% 0.00% 5067.00% N/A

Distributions

HCOBX - Distributions

Dividend Yield Analysis

HCOBX Category Low Category High HCOBX % Rank
Dividend Yield 0.00% 0.00% 84.51% N/A

Dividend Distribution Analysis

HCOBX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

HCOBX Category Low Category High HCOBX % Rank
Net Income Ratio 0.54% -46.00% 10.88% N/A

Capital Gain Distribution Analysis

HCOBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

HCOBX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.52 5.37 3.25