(HFRO) Highland Opportunities - Overview
Fund: Debt, Real-Estate, Credit, High-Yield
Dividends
| Dividend Yield | 8.27% |
| Yield on Cost 5y | 6.88% |
| Yield CAGR 5y | -15.64% |
| Payout Consistency | 86.8% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.9% |
| Relative Tail Risk | -8.50% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.67 |
| Alpha | 7.92 |
| Character TTM | |
|---|---|
| Beta | 0.628 |
| Beta Downside | 0.824 |
| Drawdowns 3y | |
|---|---|
| Max DD | 48.82% |
| CAGR/Max DD | -0.16 |
Description: HFRO Highland Opportunities December 27, 2025
Highland Opportunities and Income Fund (NYSE: HFRO) is a U.S.-based closed-end fund that primarily invests in senior secured bank loans, positioning itself within the “Bank Loan” style segment of the fixed-income market.
As of the most recent quarterly filing (Q2 2025), HFRO reported an asset base of roughly $1.2 billion and a 30-day SEC-yield of about 8.4 %, reflecting its focus on higher-yielding, floating-rate credit. The fund’s portfolio carries an average loan rating of B-, with a weighted-average maturity of 4.2 years, indicating moderate credit risk and sensitivity to changes in the Federal Reserve’s policy rate. Key macro drivers include the Fed’s interest-rate trajectory, corporate leverage trends, and the health of the U.S. banking sector, all of which can materially affect loan spreads and fund performance.
For a deeper, data-driven look at HFRO’s valuation and risk profile, the ValueRay platform provides a concise, analytics-focused snapshot worth reviewing.
What is the price of HFRO shares?
Over the past week, the price has changed by +0.47%, over one month by +7.19%, over three months by -0.40% and over the past year by +19.27%.
Is HFRO a buy, sell or hold?
What are the forecasts/targets for the HFRO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 6.7 | 4.4% |
HFRO Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 578.9m USD (578.9m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 578.9m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 578.9m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.23% (E(578.9m)/V(578.9m) * Re(8.23%) + (debt-free company))
Discount Rate = 8.23% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)