Highland Income Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.7%
1 yr return
1.1%
3 Yr Avg Return
-2.5%
5 Yr Avg Return
-1.3%
Net Assets
$1.09 B
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.67%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 38.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XHFOX - Profile
Distributions
- YTD Total Return 0.7%
- 3 Yr Annualized Total Return -2.5%
- 5 Yr Annualized Total Return -1.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.26%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameHighland Income Fund
-
Fund Family NameHighland Capital Management Fund Advisors, L.P.
-
Inception DateNov 06, 2017
-
Shares Outstanding69648259
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJon Poglitsch
Fund Description
XHFOX - Performance
Return Ranking - Trailing
Period | XHFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.7% | -4.6% | 10.5% | 95.47% |
1 Yr | 1.1% | -4.4% | 11.0% | 95.47% |
3 Yr | -2.5%* | -6.8% | 8.3% | 95.26% |
5 Yr | -1.3%* | -4.7% | 38.1% | 94.61% |
10 Yr | N/A* | -0.3% | 20.0% | 0.96% |
* Annualized
Return Ranking - Calendar
Period | XHFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -12.0% | -12.0% | 11.1% | 100.00% |
2022 | 5.1% | -22.9% | 5.1% | 0.39% |
2021 | 5.6% | -12.2% | 11.1% | 0.79% |
2020 | -5.9% | -14.1% | 289.8% | 87.19% |
2019 | -4.9% | -8.1% | 7.5% | 99.57% |
Total Return Ranking - Trailing
Period | XHFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.7% | -4.6% | 10.5% | 95.47% |
1 Yr | 1.1% | -4.4% | 11.0% | 95.47% |
3 Yr | -2.5%* | -6.8% | 8.3% | 95.26% |
5 Yr | -1.3%* | -4.7% | 38.1% | 94.61% |
10 Yr | N/A* | -0.3% | 20.0% | 0.96% |
* Annualized
Total Return Ranking - Calendar
Period | XHFOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -12.0% | -12.0% | 22.1% | 100.00% |
2022 | 5.1% | -22.9% | 5.1% | 0.39% |
2021 | 5.6% | -10.2% | 11.1% | 28.17% |
2020 | -5.9% | -8.8% | 306.9% | 97.52% |
2019 | -1.8% | -3.6% | 12.1% | 99.57% |
NAV & Total Return History
XHFOX - Holdings
Concentration Analysis
XHFOX | Category Low | Category High | XHFOX % Rank | |
---|---|---|---|---|
Net Assets | 1.09 B | 29.9 M | 13.5 B | 37.45% |
Number of Holdings | 111 | 2 | 2051 | 92.61% |
Net Assets in Top 10 | 232 M | -191 M | 2.37 B | 26.07% |
Weighting of Top 10 | N/A | 5.2% | 100.7% | 1.53% |
Top 10 Holdings
- Bny Loan Outstanding 43.64%
- Bny Loan Outstanding 43.64%
- Bny Loan Outstanding 43.64%
- Bny Loan Outstanding 43.64%
- Bny Loan Outstanding 43.64%
- Bny Loan Outstanding 43.64%
- Bny Loan Outstanding 43.64%
- Bny Loan Outstanding 43.64%
- Bny Loan Outstanding 43.64%
- Bny Loan Outstanding 43.64%
Asset Allocation
Weighting | Return Low | Return High | XHFOX % Rank | |
---|---|---|---|---|
Bonds | 28.71% | 0.00% | 161.82% | 95.72% |
Stocks | 26.82% | 0.00% | 100.70% | 4.67% |
Other | 26.58% | -52.39% | 26.58% | 0.39% |
Cash | 16.36% | -61.90% | 16.36% | 0.39% |
Convertible Bonds | 5.51% | 0.00% | 5.51% | 0.39% |
Preferred Stocks | -3.99% | -3.99% | 7.54% | 100.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XHFOX % Rank | |
---|---|---|---|---|
Real Estate | 48.34% | 0.00% | 48.61% | 3.48% |
Technology | 40.07% | 0.00% | 100.00% | 3.48% |
Financial Services | 6.84% | 0.00% | 89.61% | 4.35% |
Communication Services | 3.40% | 0.00% | 100.00% | 52.17% |
Energy | 0.77% | 0.00% | 100.00% | 51.30% |
Basic Materials | 0.56% | 0.00% | 1.36% | 1.74% |
Utilities | 0.00% | 0.00% | 100.00% | 59.13% |
Industrials | 0.00% | 0.00% | 100.00% | 72.17% |
Healthcare | 0.00% | 0.00% | 100.00% | 49.57% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 60.00% |
Consumer Cyclical | 0.00% | 0.00% | 97.66% | 66.09% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XHFOX % Rank | |
---|---|---|---|---|
US | 26.78% | -0.01% | 100.70% | 4.67% |
Non US | 0.04% | 0.00% | 0.68% | 12.84% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XHFOX % Rank | |
---|---|---|---|---|
Corporate | 59.15% | 0.00% | 99.80% | 97.65% |
Cash & Equivalents | 25.03% | 0.00% | 25.03% | 0.39% |
Securitized | 15.82% | 0.00% | 91.68% | 4.71% |
Derivative | 0.00% | -11.46% | 0.67% | 56.42% |
Municipal | 0.00% | 0.00% | 0.47% | 49.80% |
Government | 0.00% | 0.00% | 3.18% | 58.43% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XHFOX % Rank | |
---|---|---|---|---|
US | 24.77% | 0.00% | 124.50% | 95.72% |
Non US | 3.94% | 0.00% | 63.23% | 33.07% |
XHFOX - Expenses
Operational Fees
XHFOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.67% | 0.03% | 5.51% | 33.33% |
Management Fee | N/A | 0.00% | 1.89% | N/A |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.27% | N/A |
Sales Fees
XHFOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
XHFOX 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.
XHFOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 38.00% | 4.00% | 180.00% | 22.73% |
XHFOX - Distributions
Dividend Yield Analysis
XHFOX | Category Low | Category High | XHFOX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 11.13% | 96.60% |
Dividend Distribution Analysis
XHFOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
XHFOX | Category Low | Category High | XHFOX % Rank | |
---|---|---|---|---|
Net Income Ratio | 5.26% | 1.77% | 9.82% | 7.91% |
Capital Gain Distribution Analysis
XHFOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 20, 2019 | $0.077 | OrdinaryDividend |
May 22, 2019 | $0.077 | OrdinaryDividend |
Apr 22, 2019 | $0.077 | OrdinaryDividend |
Mar 21, 2019 | $0.077 | OrdinaryDividend |
Feb 20, 2019 | $0.077 | OrdinaryDividend |
Jan 23, 2019 | $0.077 | OrdinaryDividend |
Dec 20, 2018 | $0.077 | OrdinaryDividend |
Nov 20, 2018 | $0.077 | OrdinaryDividend |
Oct 22, 2018 | $0.077 | OrdinaryDividend |
Sep 20, 2018 | $0.077 | OrdinaryDividend |
Aug 22, 2018 | $0.077 | OrdinaryDividend |
Jul 20, 2018 | $0.077 | OrdinaryDividend |
Jun 21, 2018 | $0.077 | OrdinaryDividend |
May 22, 2018 | $0.077 | OrdinaryDividend |
Apr 20, 2018 | $0.077 | OrdinaryDividend |
Mar 21, 2018 | $0.077 | OrdinaryDividend |
Feb 20, 2018 | $0.077 | OrdinaryDividend |
Jan 22, 2018 | $0.077 | OrdinaryDividend |
Dec 21, 2017 | $0.077 | OrdinaryDividend |
Nov 27, 2017 | $0.077 | OrdinaryDividend |
XHFOX - Fund Manager Analysis
Managers
Jon Poglitsch
Start Date
Tenure
Tenure Rank
Nov 06, 2017
4.57
4.6%
Jon Poglitsch is a Managing Director at Highland Capital Management Fund Advisors, L.P.. In his previous role at HCM, he served as a Senior Portfolio Analyst on both the Institutional and Retail fund research teams. Prior to joining the HCM in 2007, Mr. Poglitsch was a consultant for Muse Stancil and Co. (“Muse”), where he provided mergers and acquisition, valuation, and strategic advisory services to a variety of clients in the midstream and downstream energy sectors, including integrated oil, independent refinery, pipeline, power, and renewable fuel companies. Prior to joining Muse, Mr. Poglitsch was a senior financial analyst for American Airlines. He received an MBA with a concentration in Finance from the University of Texas at Austin and a BS in Chemical Engineering from the University of Oklahoma. Mr. Poglitsch has earned the right to use the Chartered Financial Analyst designation.
Mark Okada
Start Date
Tenure
Tenure Rank
Nov 06, 2017
4.57
4.6%
Mr. Okada is a Portfolio Manager at Highland Capital Management Fund Advisors, L.P.. Mr. Okada co-founded Highland Capital Management, L.P. (“Highland”) and has served as Chief Investment Officer of Highland since 1993. He is a pioneer in the development of the bank loan market and has over 25 years of credit experience. Mr. Okada is responsible for structuring one of the industry’s first arbitrage CLOs. He received a BA in Economics and a BA in Psychology, cum laude, from the University of California, Los Angeles. He has earned the right to use the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 21.18 | 6.08 | 3.25 |