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XNYS
HFROpA
Market cap1.35bUSD
May 16, Last price
15.28USD
1D
-0.26%
1Q
-9.05%
IPO
-38.81%
Name
Highland Income Fund
Chart & Performance
Profile
Highland Funds I - Highland Floating Rate Opportunities Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships. The fund seeks to invest in below investment grade securities. It also invests through derivatives. The fund benchmarks the performance of its portfolio against the Credit Suisse Leveraged Loan Index. It was formerly known as Pyxis Funds I - Pyxis Floating Rate Opportunities Fund. Highland Funds I - Highland Floating Rate Opportunities Fund was formed on January 13, 2000 and is domiciled in the United States.
IPO date
Nov 06, 2017
Employees
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑06 | |
| Income | |||||||
Revenues | (23,811) 2,251.99% | (1,012) -102.27% | 44,536 -69.60% | ||||
Cost of revenue | 5,341 | 4,904 | 17,009 | ||||
Unusual Expense (Income) | |||||||
NOPBT | (29,152) | (5,917) | 27,526 | ||||
NOPBT Margin | 122.43% | 584.41% | 61.81% | ||||
Operating Taxes | (168) | (44,921) | |||||
Tax Rate | |||||||
NOPAT | (29,152) | (5,749) | 72,447 | ||||
Net income | (29,471) 368.39% | (6,292) -107.52% | 83,620 -39.40% | ||||
Dividends | (29,813) | (61,486) | (61,311) | ||||
Dividend yield | 8.69% | 11.71% | 8.47% | ||||
Proceeds from repurchase of equity | (19,909) | (30) | (19,232) | ||||
BB yield | 5.80% | 0.01% | 2.66% | ||||
| Debt | |||||||
Debt current | |||||||
Long-term debt | 21,722 | ||||||
Deferred revenue | |||||||
Other long-term liabilities | 22,114 | ||||||
Net debt | (897,230) | (1,022,316) | (1,070,269) | ||||
| Cash flow | |||||||
Cash from operating activities | 79,974 | 151,229 | 459 | ||||
CAPEX | 3 | ||||||
Cash from investing activities | (105,964) | (407,875) | |||||
Cash from financing activities | (70,413) | (62,548) | (58,816) | ||||
FCF | (32,227) | (2,674) | 89,076 | ||||
| Balance | |||||||
Cash | 16,561 | 14,797 | 25,211 | ||||
Long term investments | 880,670 | 1,007,519 | 1,066,779 | ||||
Excess cash | 898,421 | 1,022,366 | 1,089,764 | ||||
Stockholders' equity | 783,332 | 1,010,172 | (369,052) | ||||
Invested Capital | 149,289 | 27,974 | 1,485,532 | ||||
ROIC | 4.78% | ||||||
ROCE | 2.47% | ||||||
| EV | |||||||
Common stock shares outstanding | 66,114 | 68,301 | 70,240 | ||||
Price | 5.19 -32.51% | 7.69 -25.34% | 10.30 -6.28% | ||||
Market cap | 343,134 -34.67% | 525,234 -27.40% | 723,467 -7.98% | ||||
EV | (554,096) | (357,326) | (207,045) | ||||
EBITDA | (29,152) | (5,917) | 27,526 | ||||
EV/EBITDA | 19.01 | 60.39 | |||||
Interest | 321 | 1,401 | 385 | ||||
Interest/NOPBT | 1.40% | ||||||