Highland Global Allocation Fund Class A (HCOAX)

11.36
Net Asset Value
+0.26%
1 Day
+7.37%
Year-to-Date
Overall Morningstar Rating
World allocation
Style or Category
5.75
Sales Expenses
1.00%
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% (plus any borrowings for investment purposes) 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.

Performance

1 month+1.34% 3 years+20.82%
3 months+4.45% 5 years+15.85%
1 year+17.96% Since inception+9.33%
Data through --

Peer Comparisonvs. World allocation

 HCOAXCategory
Performance 5-yr return+15.85%+6.82%
Expense ratio1.00%1.38%
Risk 5 year sharpe ratio1.010.73
Net assets$1.9B$3.1B
Average market cap$10.0B$40.1B
Average P/E18.118.0
Portfolio turnover195%195%

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureJames Dondero / 2 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

Fixed income43.74%
U.S. stock38.94%
International stock10.29%
Cash7.03%
Other0.01%
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
-- 10.14%
-- 5.81%
AAL American Airlines4.19%
-- 3.55%
JBLU JetBlue Airways Corp2.58%
NRG NRG Energy Inc2.34%
SEAS SeaWorld Entertainment Inc2.27%
INDA iShares MSCI India ETF2.03%
-- 1.97%
-- 1.96%

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