HFRO
Price:
$6.1
Market Cap:
$337.64M
Highland Funds I - Highland Floating Rate Opportunities Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships. The fund seeks to invest in below investment grade securities. It also invests through derivatives. The fund benchmarks the performance of its portfolio against the Credit Suisse Leveraged Loan Index. It was formerly known as ...[Read more]
Industry
Asset Management - Income
IPO Date
2017-11-06
Stock Exchange
NYSE
Ticker
HFRO
According to Highland Funds I - Highland Income Fund’s latest financial reports and current stock price. The company's current Current Ratio is 31.90. This represents a change of -68.27% compared to the average of 100.53 of the last 4 quarters.
The mean historical Current Ratio of Highland Funds I - Highland Income Fund over the last ten years is 16.59. The current 31.90 Current Ratio has changed 19.13% with respect to the historical average. Over the past ten years (40 quarters), HFRO's Current Ratio was at its highest in in the June 2021 quarter at 474.73. The Current Ratio was at its lowest in in the June 2023 quarter at 0.
Average
16.59
Median
2.29
Minimum
0
Maximum
64.36
Discovering the peaks and valleys of Highland Funds I - Highland Income Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 64.36
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 31.90 | 103.71% |
| 2023 | 15.66 | 582.77% |
| 2022 | 2.29 | 109.26% |
| 2021 | 1.10 | Infinity% |
| 2020 | 0 | -100.00% |
| 2019 | 64.36 | 7.85% |
The current Current Ratio of Highland Funds I - Highland Income Fund (HFRO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
16.62
5-year avg
10.19
10-year avg
16.59
Highland Funds I - Highland Income Fund’s Current Ratio is greater than PIMCO Income Strategy Fund (1.07), greater than Virtus Convertible & Income Fund (0.52), greater than Nuveen New York Quality Municipal Income Fund (0.36), greater than Saba Capital Income & Opportunities Fund (13.79), greater than PIMCO Strategic Income Fund, Inc. (0.60), greater than Nuveen Real Asset Income and Growth Fund (1.51), greater than BlackRock MuniYield New York Quality Fund, Inc. (0.69), greater than Cohen & Steers Closed-End Opportunity Fund, Inc. (0), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (0), greater than BlackRock MuniYield Michigan Quality Fund, Inc. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.07 | $385.59M | |
| 0.52 | $348.84M | |
| 0.36 | $357.93M | |
| 13.79 | $308.36M | |
| 0.60 | $310.73M | |
| 1.51 | $376.98M | |
| 0.69 | $390.03M | |
| 0 | $363.11M | |
| 0 | $313.61M | |
| 0 | $341.49M |
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What is the Current Ratio?
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