Highland Global Allocation Fund Class A (HCOAX)

Net Asset Value
1 Day
Overall Morningstar Rating
World allocation
Style or Category
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital and future income. The fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt and money market securities. It intends to invest at least 50% of its net assets in equity securities and at least 40% of its net assets in securities of non-U.S. issuers. The fund will primarily invest in equity securities of large capitalization companies (meaning a market capitalization of $2 billion or more) that are located in developed markets.


1 month+2.52% 3 years+22.18%
3 months+5.26% 5 years+14.23%
1 year+28.71% Since inception+9.17%
Data through --

Peer Comparisonvs. World allocation

Performance 5-yr return+14.23%+11.44%
Expense ratio1.16%1.43%
Risk 5 year sharpe ratio1.040.93
Net assets$788.0M$3.2B
Average market cap$9.7B$35.9B
Average P/E22.316.4
Portfolio turnover236%236%

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Fund Management and Purchase Info

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


Fixed income40.86%
U.S. stock39.14%
International stock15.05%
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
-- Argentina Rep 8.28%10.46%
-- Argentine Republic 8.28%4.39%
-- Argentina Rep 1.33%3.19%
LULU Lululemon Athletica Inc3.16%
NRG NRG Energy Inc2.58%
SRC Spirit Realty Capital Inc2.54%
-- SOFTBANK Corp2.44%
SPLS Staples Inc2.28%
TFM Fresh Market Inc2.24%
HEFYX Highland Energy MLP Y2.17%

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