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% (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.


1 month+1.78% 3 years+17.48%
3 months+6.34% 5 years+13.11%
1 year+15.38% Since inception+9.26%
Data through --

Peer Comparisonvs. World allocation

Performance 5-yr return+13.11%+6.82%
Expense ratio1.00%1.38%
Risk 5 year sharpe ratio0.980.72
Net assets$1.7B$3.2B
Average market cap$11.0B$41.1B
Average P/E20.917.2
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


U.S. stock44.36%
Fixed income42.32%
International stock12.77%
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
-- 12.42%
AAL American Airlines5.01%
-- 4.34%
NRG NRG Energy Inc3.20%
APC Anadarko Petroleum Corp3.10%
-- 2.94%
SEAS SeaWorld Entertainment Inc2.74%
-- 2.62%
-- 2.46%
INDA iShares MSCI India ETF2.27%

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