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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. The fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt and money market securities. 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. It 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-6.55% 3 years+6.66%
3 months-8.77% 5 years+6.94%
1 year-20.75% Since inception+7.97%
Data through --

Peer Comparisonvs. World allocation

Performance 5-yr return+6.94%+4.27%
Expense ratio1.00%1.37%
Risk 5 year sharpe ratio0.660.54
Net assets$1.5B$2.7B
Average market cap$10.2B$32.4B
Average P/E14.417.2
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


U.S. stock46.81%
Fixed income42.64%
International stock10.01%
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
-- 12.15%
-- 8.99%
CRM Salesforce.com6.52%
-- 4.60%
PDCO Patterson Companies Inc4.35%
PAGP Plains GP Holdings LP2.13%
INDA iShares MSCI India ETF1.91%
-- 1.85%
-- 1.80%
DXGE WisdomTree Germany Hedged Equity Fund1.75%