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. 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-3.14% 3 years+18.84%
3 months-2.37% 5 years+12.62%
1 year+12.42% Since inception+9.21%
Data through --

Peer Comparisonvs. World allocation

Performance 5-yr return+12.62%+8.07%
Expense ratio1.16%1.41%
Risk 5 year sharpe ratio1.000.81
Net assets$1.1B$3.2B
Average market cap$8.2B$41.8B
Average P/E21.116.8
Portfolio turnover195%195%

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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 income46.13%
U.S. stock42.42%
International stock7.72%
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%16.42%
-- Argentina(Rep Of) 5.45%4.57%
AAL American Airlines Group Inc3.54%
LRN K12 Inc3.51%
-- Argentine Republic 8.28%3.33%
-- Argentina Rep 1.33%3.12%
NRG NRG Energy Inc2.46%
-- SOFTBANK Corp2.27%
LULU Lululemon Athletica Inc2.23%
JBLU JetBlue Airways Corp1.95%

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