Highland Funds I - Highland Income Fund

Highland Funds I - Highland Income Fund - PE Ratioverified

HFRO

Price:

$7.32

Market Cap:

$405.58M

The Highland Funds I - Highland Floating Rate Opportunities Fund operates as a closed-end mutual fund dedicated to fixed income investments, originally launched by Highland Capital Management, L.P. Its management responsibilities are overseen by Highland Capital Management Fund Advisors, L.P. The fund's investment approach encompasses fixed income markets worldwide, primarily targeting instruments that offer floating rate returns. This strategy largely involves adjustable rate senior loans provided to corporations and partnerships, as well as other financial products considered floating rate investments. It actively seeks opportunities within the sphere of below-investment-grade securities a...[Read more]

Industry

Asset Management - Income

IPO Date

2017-11-06

Stock Exchange

NYSE

Ticker

HFRO

The PE Ratio as of June 2026 (TTM) for Highland Funds I - Highland Income Fund (HFRO) is -14.64

According to Highland Funds I - Highland Income Fund’s latest financial reports and current stock price. The company's current PE Ratio is -14.64. This represents a change of -291.69% compared to the average of 7.64 of the last 4 quarters.

Highland Funds I - Highland Income Fund (HFRO) Historical PE Ratio (quarterly & annually)

How has HFRO PE Ratio performed in the past?

The mean historical PE Ratio of Highland Funds I - Highland Income Fund over the last ten years is 5.11. The current -14.64 PE Ratio has changed -28729.48% with respect to the historical average. Over the past ten years (40 quarters), HFRO's PE Ratio was at its highest in in the June 2024 quarter at 28.41. The PE Ratio was at its lowest in in the December 2023 quarter at -4.93.

Quarterly (TTM)
Annual

Average

5.11

Median

11.71

Minimum

-33.43

Maximum

27.78

Highland Funds I - Highland Income Fund (HFRO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Highland Funds I - Highland Income Fund PE 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 = 289.47%

Maximum Annual PE Ratio = 27.78

Minimum Annual Increase = -246.07%

Minimum Annual PE Ratio = -33.43

Quarterly (TTM)
Annual
YearPE RatioChange
2025-12.4636.83%
2024-9.11-72.77%
2023-33.43-246.07%
202222.89289.47%
20215.88-78.85%
202027.7827.41%
201921.8124.25%

Highland Funds I - Highland Income Fund (HFRO) Average PE Ratio

How has HFRO PE Ratio performed in the past?

The current PE Ratio of Highland Funds I - Highland Income Fund (HFRO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-18.33

5-year avg

-5.25

10-year avg

5.11

Highland Funds I - Highland Income Fund (HFRO) PE Ratio vs. Peers

How is HFRO’s PE Ratio compared to its peers?

Highland Funds I - Highland Income Fund’s PE Ratio is less than PIMCO Income Strategy Fund (7.18), less than Virtus Convertible & Income Fund (5.70), greater than Nuveen New York Quality Municipal Income Fund (-15.47), less than Saba Capital Income & Opportunities Fund (12.10), less than PIMCO Strategic Income Fund, Inc. (7.15), less than Nuveen Real Asset Income and Growth Fund (7.08), less than BlackRock MuniYield New York Quality Fund, Inc. (62.63), less than Cohen & Steers Closed-End Opportunity Fund, Inc. (5.98), less than BlackRock MuniHoldings New York Quality Fund, Inc. (-11.30), less than BlackRock MuniYield Michigan Quality Fund, Inc. (35.62),

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