Highland Global Allocation Fund Class A (HCOAX)

Net Asset Value
1 Day
Overall Morningstar Rating
World allocation
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital and future income (future income means the ability to pay dividends in the future). The fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity- debt and money market securities. Under normal market conditions- the Advisor intends to invest at least 50% of its net assets in equity securities and at least 40% (plus any borrowings for investment purposes) of its net assets in securities of non-U.S. issuers.


1 month-2.89% 3 years-2.47%
3 months+0.24% 5 years+5.78%
1 year+1.45% Since inception+7.87%
Data through --

Peer Comparisonvs. World allocation

Performance 5-yr return+5.78%+5.90%
Expense ratio1.59%1.28%
Risk 5 year sharpe ratio0.500.70
Net assets$541.7M$2.9B
Average market cap$6.6B$40.4B
Average P/E0.916.1
Portfolio turnover66%66%

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureJames Dondero / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment--


U.S. stock65.51%
Fixed income28.04%
International stock6.80%
Top 5 Sectors
Portfolio weighting
Financial service 20.89%
Energy 13.82%
Healthcare 12.05%
Industrial materials 9.39%
Consumer goods 9.14%
Top 10 Holdings
Portfolio weighting
VST Vistra Energy Corp19.60%
-- 13.27%
-- 6.63%
-- 6.37%
SYK Stryker Corp2.93%
EPD Enterprise Products Partners LP2.76%
NFLX Netflix2.75%
WMB Williams Companies2.70%
ETE Energy Transfer Equity LP2.50%