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Highland Global Allocation Fund Class A (HCOAX)

8.52
Net Asset Value
+0.35%
1 Day
+15.60%
Year-to-Date
Overall Morningstar Rating
World allocation
Style or Category
5.75
Sales Expenses
1.04%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital and future income (future income means the ability to pay dividends in the future). The fund seeks to achieve its investment objectives by investing in a portfolio of U.S. and foreign equity, debt and money market securities. Under normal market conditions, 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.

Performance

1 month-0.35% 3 years+5.16%
3 months+5.08% 5 years+9.89%
1 year+0.18% Since inception+7.90%
Data through --

Peer Comparisonvs. World allocation

 HCOAXCategory
Performance 5-yr return+9.89%+3.32%
Expense ratio1.04%1.35%
Risk 5 year sharpe ratio0.520.47
Net assets$981.9M$2.7B
Average market cap$7.6B$39.2B
Average P/E10.517.1
Portfolio turnover108%108%

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureJames Dondero / 3 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

Fixed income55.37%
U.S. stock40.93%
International stock3.05%
Cash0.66%
Other0.00%
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
-- 13.26%
-- 8.04%
CRM Salesforce.com6.13%
-- 3.53%
-- 3.38%
-- 2.84%
PDCO Patterson Companies Inc2.70%
EPD Enterprise Products Partners LP2.64%
-- 2.43%
-- 2.23%

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