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Highland Global Allocation Fund Stock: price and insider trades · United States

US·Mcap US$151.2MFinance & Banking

No insider purchase over the last 90 days. The latest, by Powell Ethan, was filed 01 Jul 2024.

Highland Global Allocation Fund: what insiders have been doing

Every trade that managers of Highland Global Allocation Fund disclose to SEC (Form 4) is tracked on this page. The company sits in the Finance & Banking sector. Nothing new has been filed by managers of Highland Global Allocation Fund in twelve months, the latest record being from 1 July 2024.

Over the whole record (from 2020), the tally stands at 6 purchases and 1 sale.

In the same sector, recent insider purchases at BNP Paribas and ASR Nederland N.V. also feature in our signals. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.

Insider Decl.
7
Thresholds
n/a
Buy Volume
€95,569
6 ops. · all time
Sell Volume
€12,889
1 ops. · all time

Since the insiders bought

  • Filed 01 Jul 2024 · 860 days ago · €47k
    +14.2%
    Entry US$7.58 · Close at T+365 US$8.66
  • Filed 13 Oct 2021 · 1852 days ago · €8,159
    -6.9%
    Entry US$9.50 · Close at T+365 US$8.84

Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.

This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.

Financial data

as of FY 2025

FY ended September 2025 · cache

US$6.41
Analyst consensus
·
Income statement
RevenueUS$68.8M
Net incomeUS$67.7M98.4% margin
Valuation
PER (trailing)16.4x
Balance sheet & cash
Market capUS$151.2M
Total debtUS$3.6M
Free Cash FlowUS$39.5M
Profitability & ownership
% insiders9.2%
% institutions48.1%
Last declaration on 1 July 2024
Declarations7 total
  • ▲
    DirectorExecutives
    50,423 USD19SEC
    6,750 shares@ US$7.47100.0% of flowCommon StockSEC:0001437749-24-021752:0
    Canonical exit: 26 Sept 2024 (T+90)
  • ▼
    DirectorExecutives
    13,590 USD14SEC
    1,391 shares@ US$9.7726.4% of flowCommon StockSEC:0001437749-22-028586:0
  • ▲
    DirectorExecutives
    9,411 USD15SEC
    999 shares@ US$9.4216.7% of flowCommon StockSEC:0001437749-21-023620:0
    Canonical exit: 10 Jan 2022 (T+90)
  • ▲
    DirectorExecutives
    6,936 USD14SEC
    758 shares@ US$9.159.5% of flowCommon StockSEC:0000899243-21-028100:1
    Canonical exit: 6 Oct 2021 (T+90)
  • ▲
    DirectorExecutives
    32,940 USD17SEC
    3,600 shares@ US$9.1556.9% of flowCommon StockSEC:0000899243-21-028100:0
    Canonical exit: 6 Oct 2021 (T+90)
  • ▲
    DirectorExecutives
    1,644 USD11SEC
    182 shares@ US$9.0322.7% of flowCommon StockSEC:0000899243-20-028503:0
    Canonical exit: 25 May 2020 (T+90)
  • ▲
    DirectorExecutives
    6,050 USD14SEC
    1,000 shares@ US$6.059.3% of flowCommon StockSEC:0000899243-20-028503:1
    Canonical exit: 11 Jan 2021 (T+90)

7 of 7 declarations

About Highland Global Allocation Fund

Highland Global Allocation Fund (NYSE: HGLB) is a U.S.-listed closed-end fund organized as a Massachusetts business trust and traded on the NYSE. For French-speaking investors looking at the name through a fundamental lens, HGLB is best understood as an actively managed multi-asset allocation vehicle rather than a traditional single-sector equity fund. Its mandate is to seek long-term capital growth and future income, which in practical terms means the portfolio can rotate across several asset classes depending on opportunity, valuation, and credit conditions. The fund is headquartered in Dallas, Texas, United States, placing it squarely within the U.S. asset-management ecosystem.

HGLB’s strategy is broad and opportunistic. Publicly disclosed portfolio snapshots show meaningful exposure to U.S. equities, non-U.S. equities, U.S. senior loans, U.S. master limited partnerships, U.S. LLC interests, and shares of other investment companies. That mix signals a flexible allocation framework designed to blend growth assets with yield-oriented and credit-sensitive instruments. In a market environment where correlations can shift quickly, that type of structure can be attractive to investors seeking diversification within a single listed wrapper. It also means, however, that performance may be driven by multiple factors at once: equity markets, credit spreads, interest-rate conditions, energy-linked exposures, and the fund’s positioning across regions.

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From a competitive standpoint, Highland Global Allocation Fund sits in the niche of actively managed listed closed-end funds offering a diversified, income-aware approach. Its appeal lies in the ability to package a cross-asset strategy into a publicly traded security on the NYSE, with daily market liquidity and a distribution policy that may appeal to income-focused investors. The trade-off is complexity: the fund is not a plain-vanilla benchmark tracker, and investors must be comfortable with active manager discretion, leverage- and discount/premium-related dynamics typical of closed-end funds, and exposure to foreign markets and lower-liquidity instruments.

Historically, the fund was converted from an open-end structure to a standalone closed-end fund in February 2019 and began trading on the NYSE shortly thereafter, marking an important structural change in its evolution. Recent developments include a January 2026 announcement of monthly distributions of $0.085 per share, with the annual distribution rate reset to 8.5% of average NAV based on the final five trading days of 2025. For investors in France, Belgium, and Switzerland, HGLB is therefore a U.S. NYSE-listed fund that combines multi-asset allocation, income generation, and active management in a single exchange-traded vehicle.