Highland Global Allocation Fund Class A (HCOAX)

10.19
Net Asset Value
0.00%
1 Day
+5.27%
Year-to-Date
Overall Morningstar Rating
World allocation
Style or Category
5.75
Sales Expenses
1.16%
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.

Performance

1 month-1.51% 3 years+12.90%
3 months+2.24% 5 years+16.87%
1 year+24.93% Since inception+9.08%
Data through --

Peer Comparisonvs. World allocation

 HCOAXCategory
Performance 5-yr return+16.87%+13.67%
Expense ratio1.16%1.43%
Risk 5 year sharpe ratio1.271.19
Net assets$370.7M$3.2B
Average market cap$14.2B$36.8B
Average P/E20.415.2
Portfolio turnover236%236%

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureJames Dondero / 0 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock43.12%
International stock25.70%
Fixed income23.81%
Cash7.35%
Other0.02%
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
-- Aal Rights6.54%
SRC Spirit Realty Capital Inc4.02%
CAJ Canon, Inc. ADR2.41%
-- Bayerische Motoren Werke AG2.13%
GNC GNC Holdings Inc2.00%
-- Avaya 144A 10.5%1.78%
DV DeVry Education Group Inc1.76%
FB Facebook Inc Class A1.69%
-- Carestream Health Inc1.66%
PXD Pioneer Natural Resources Company1.64%

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