Highland Dividend Equity Fund Class A (HDFAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Large value
Style or Category
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide above average dividend yields with the potential for long-term capital appreciation. The fund seeks to achieve its investment objective under normal market conditions by investing, directly and indirectly (e.g., through investments in derivatives or other pooled investment vehicles), at least 80% of its net assets, plus any borrowings for investment purposes, in equity investments that pay or expect to pay dividends. The term "equity investments" refers to direct and indirect investments in common stocks, preferred stocks and convertible securities. It is non-diversified.


1 month-2.03% 3 years+12.97%
3 months+2.99% 5 years--
1 year+3.97% Since inception+16.40%
Data through --

Peer Comparisonvs. Large value

Performance 5-yr return--+13.45%
Expense ratio2.52%1.16%
Risk 5 year sharpe ratio--1.02
Net assets$22.9M$2.6B
Average market cap$50.0B$83.5B
Average P/E17.415.9
Portfolio turnover15%15%

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureRobert Bugg / 3 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00


U.S. stock83.49%
International stock15.18%
Fixed income0.01%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
NVS Novartis AG ADR4.19%
PAYX Paychex Inc4.17%
JNJ Johnson & Johnson4.11%
JPM JPMorgan Chase & Co4.10%
MCHP Microchip Technology Inc3.94%
GE General Electric Co3.91%
UPS United Parcel Service Inc (UPS) Class B3.90%
MCD McDonald's Corp3.88%
PKG Packaging Corp of America3.65%
CVX Chevron Corp3.59%

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