HFRCX: Highland Floating Rate Opportunities C

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HFRCX Highland Floating Rate Opportunities C

  • Fund
  • HFRCX
  • Price as of: N/A
  • N/A
    N/A N/A
  • Primary Category
  • N/A
  • Fund Company
  • N/A
  • Share Class

Profile

HFRCX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 1.7%
  • 5 Yr Annualized Return 4.5%
  • Net Assets $1.01 B
  • Holdings in Top 10 20.5%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.00%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 63.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Oct 13, 2017
  • Standard (Taxable) $2,500
  • IRA $50

Fund Classification

  • Primary Caregory N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Bank Loan

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 4.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.95%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Highland Floating Rate Opportunities Fund
  • Fund Family Name
    N/A
  • Inception Date
    Jan 13, 2000
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

The fund seeks to achieve its objective by investing directly and indirectly (e.g., through derivatives that are the economic equivalent of floating rate loans and other floating rate investments) at least 80% of its net assets (plus any borrowings for investment purposes) under normal circumstances in floating rate loans and other securities deemed to be floating rate investments. The fund is non-diversified.


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Categories

HFRCX - Mutual Fund Categories


Performance

HFRCX - Performance

Return Ranking - Trailing

Period HFRCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 5.5% N/A
1 Yr 6.8% -4.0% 1.2% N/A
3 Yr 1.7%* -1.3% 2.8% N/A
5 Yr 4.5%* -3.1% -0.4% N/A
10 Yr 0.3%* -0.6% 1.9% N/A

* Annualized

Return Ranking - Calendar

Period HFRCX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -6.4% 0.0% N/A
2017 N/A -2.7% 2.8% N/A
2016 N/A -0.4% 7.9% N/A
2015 N/A -10.4% -1.0% N/A
2014 N/A -6.9% -1.7% N/A

Total Return Ranking - Trailing

Period HFRCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 5.5% N/A
1 Yr 5.8% -3.9% 1.5% N/A
3 Yr 1.7%* -0.8% 5.9% N/A
5 Yr 4.5%* -2.4% 3.4% N/A
10 Yr 0.3%* -0.2% 4.4% N/A

* Annualized

Total Return Ranking - Calendar

Period HFRCX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -6.4% 0.7% N/A
2017 N/A -1.6% 7.2% N/A
2016 N/A 1.6% 11.5% N/A
2015 N/A -8.8% 1.6% N/A
2014 N/A -6.9% 2.4% N/A

NAV & Total Return History


Holdings

HFRCX - Holdings

Concentration Analysis

HFRCX Category Low Category High HFRCX % Rank
Net Assets 1.01 B 67.3 M 12.7 B N/A
Number of Holdings 203 94 1815 N/A
Net Assets in Top 10 174 M 11.4 M 1.74 B N/A
Weighting of Top 10 20.51% 5.3% 81.0% N/A

Top 10 Holdings

  1. Metro Goldwyn Mayer 5.67%
  2. Ccs Medical Inc. 2.85%
  3. Vistra Energy Corp 2.21%
  4. J C Penney Corp Inc 1.52%
  5. Kronos Inc 1.51%
  6. Univision Communications 1.39%
  7. Lightstone Generation Llc 1.38%
  8. Alixpartners Llp 1.35%
  9. Russell Invts Us Institutional 1.34%
  10. Texas Competitive Elec Hldgs 1.30%

Asset Allocation

Weighting Return Low Return High HFRCX % Rank
Bonds
90.63% 80.82% 98.58% N/A
Stocks
8.06% 0.00% 3.84% N/A
Other
1.31% -4.40% 9.21% N/A
Preferred Stocks
0.00% 0.00% 0.31% N/A
Convertible Bonds
0.00% 0.00% 4.55% N/A
Cash
0.00% -0.45% 15.76% N/A

Stock Sector Breakdown

Weighting Return Low Return High HFRCX % Rank
Utilities
0.00% 0.00% 0.48% N/A
Technology
0.00% 0.00% 0.06% N/A
Real Estate
0.00% 0.00% 0.15% N/A
Industrials
0.00% 0.00% 0.54% N/A
Healthcare
0.00% 0.00% 0.09% N/A
Financial Services
0.00% 0.00% 0.33% N/A
Energy
0.00% 0.00% 0.53% N/A
Communication Services
0.00% 0.00% 0.02% N/A
Consumer Defense
0.00% 0.00% 0.05% N/A
Consumer Cyclical
0.00% 0.00% 0.73% N/A
Basic Materials
0.00% 0.00% 2.29% N/A

Stock Geographic Breakdown

Weighting Return Low Return High HFRCX % Rank
US
8.06% 0.00% 3.84% N/A
Non US
0.00% 0.00% 0.41% N/A

Bond Sector Breakdown

Weighting Return Low Return High HFRCX % Rank
Corporate
82.64% 0.00% 98.26% N/A
Securitized
7.99% 0.00% 39.66% N/A
Derivative
0.00% -0.09% 9.07% N/A
Cash & Equivalents
0.00% -1.90% 70.33% N/A
Municipal
0.00% 0.00% 0.15% N/A
Government
0.00% 0.00% 8.58% N/A

Bond Geographic Breakdown

Weighting Return Low Return High HFRCX % Rank
Non US
78.18% 0.00% 59.30% N/A
US
12.45% 38.04% 97.95% N/A

Expenses

HFRCX - Expenses

Operational Fees

HFRCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.00% 0.01% 2.99% N/A
Management Fee 0.65% 0.00% 1.00% N/A
12b-1 Fee 0.85% 0.00% 1.00% N/A
Administrative Fee 0.20% 0.03% 0.40% N/A

Sales Fees

HFRCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 4.75% N/A
Deferred Load 1.00% 1.00% 5.00% N/A

Trading Fees

HFRCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

HFRCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 63.00% 12.00% 163.00% N/A

Distributions

HFRCX - Distributions

Dividend Yield Analysis

HFRCX Category Low Category High HFRCX % Rank
Dividend Yield 0.00% 0.00% 3.81% N/A

Dividend Distribution Analysis

HFRCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

HFRCX Category Low Category High HFRCX % Rank
Net Income Ratio 3.95% 2.34% 5.70% N/A

Capital Gain Distribution Analysis

HFRCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

HFRCX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A