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Trending ETFs

Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Highland Income Fund

XHFOX | Fund

$12.82

$1.09 B

0.00%

1.67%

Vitals

YTD Return

1.7%

1 yr return

-6.1%

3 Yr Avg Return

-1.6%

5 Yr Avg Return

-2.4%

Net Assets

$1.09 B

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$12.8
N/A
N/A

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 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Highland Income Fund

XHFOX | Fund

$12.82

$1.09 B

0.00%

1.67%

XHFOX - Profile

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return -1.6%
  • 5 Yr Annualized Total Return -2.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.26%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Highland Income Fund
  • Fund Family Name
    Highland Capital Management Fund Advisors, L.P.
  • Inception Date
    Nov 06, 2017
  • Shares Outstanding
    69648259
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jon Poglitsch

Fund Description


XHFOX - Performance

Return Ranking - Trailing

Period XHFOX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -1.4% 4.8% 83.27%
1 Yr -6.1% -6.1% 21.5% 100.00%
3 Yr -1.6%* -5.8% 7.3% 94.40%
5 Yr -2.4%* -7.2% 37.3% 94.89%
10 Yr N/A* -2.0% 19.3% 0.96%

* Annualized

Return Ranking - Calendar

Period XHFOX Return Category Return Low Category Return High Rank in Category (%)
2023 -12.0% -12.0% 17.3% 100.00%
2022 5.1% -22.9% 5.1% 0.39%
2021 5.6% -12.2% 12.0% 1.20%
2020 -5.9% -14.1% 289.8% 88.28%
2019 -4.9% -8.1% 14.6% 99.57%

Total Return Ranking - Trailing

Period XHFOX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -1.4% 4.8% 83.27%
1 Yr -6.1% -6.1% 21.5% 100.00%
3 Yr -1.6%* -5.8% 7.3% 94.40%
5 Yr -2.4%* -7.2% 37.3% 94.89%
10 Yr N/A* -2.0% 19.3% 0.96%

* Annualized

Total Return Ranking - Calendar

Period XHFOX Return Category Return Low Category Return High Rank in Category (%)
2023 -12.0% -12.0% 30.3% 100.00%
2022 5.1% -22.9% 5.1% 0.39%
2021 5.6% -10.2% 19.4% 26.00%
2020 -5.9% -14.1% 306.9% 97.07%
2019 -1.8% -3.6% 23.8% 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 36.19%
Number of Holdings 111 2 1605 92.28%
Net Assets in Top 10 232 M -191 M 2.48 B 28.31%
Weighting of Top 10 N/A 5.2% 100.8% 1.53%

Top 10 Holdings

  1. Bny Loan Outstanding 43.64%
  2. Bny Loan Outstanding 43.64%
  3. Bny Loan Outstanding 43.64%
  4. Bny Loan Outstanding 43.64%
  5. Bny Loan Outstanding 43.64%
  6. Bny Loan Outstanding 43.64%
  7. Bny Loan Outstanding 43.64%
  8. Bny Loan Outstanding 43.64%
  9. Bny Loan Outstanding 43.64%
  10. Bny Loan Outstanding 43.64%

Asset Allocation

Weighting Return Low Return High XHFOX % Rank
Bonds
28.71% 0.00% 161.82% 95.96%
Stocks
26.82% 0.00% 100.78% 4.41%
Other
26.58% -52.39% 26.58% 0.37%
Cash
16.36% -61.90% 18.85% 4.78%
Convertible Bonds
5.51% 0.00% 5.51% 0.37%
Preferred Stocks
-3.99% -3.99% 6.42% 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% 45.22%
Industrials
0.00% 0.00% 100.00% 66.96%
Healthcare
0.00% 0.00% 100.00% 31.30%
Consumer Defense
0.00% 0.00% 100.00% 49.57%
Consumer Cyclical
0.00% 0.00% 97.66% 54.78%

Stock Geographic Breakdown

Weighting Return Low Return High XHFOX % Rank
US
26.78% -0.01% 100.78% 4.41%
Non US
0.04% 0.00% 0.68% 8.82%

Bond Sector Breakdown

Weighting Return Low Return High XHFOX % Rank
Corporate
59.15% 0.00% 141.23% 97.78%
Cash & Equivalents
25.03% 0.00% 25.03% 0.37%
Securitized
15.82% 0.00% 91.68% 4.44%
Derivative
0.00% -8.79% 1.12% 51.84%
Municipal
0.00% 0.00% 0.47% 37.41%
Government
0.00% 0.00% 3.18% 48.15%

Bond Geographic Breakdown

Weighting Return Low Return High XHFOX % Rank
US
24.77% 0.00% 144.71% 95.96%
Non US
3.94% 0.00% 63.23% 34.56%

XHFOX - Expenses

Operational Fees

XHFOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.67% 0.03% 12.26% 33.94%
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% 22.57%

XHFOX - Distributions

Dividend Yield Analysis

XHFOX Category Low Category High XHFOX % Rank
Dividend Yield 0.00% 0.00% 11.09% 96.07%

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% 9.74%

Capital Gain Distribution Analysis

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

Distributions History

View More +

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 6.0 3.25