Highland Opportunities and Income Fund Announces Regular Monthly Distribution

The Highland Opportunities and Income Fund (HFRO) has recently announced its regular monthly distribution on its common stock. Shareholders can look forward to receiving a distribution of $0.0770 per share on October 31, 2023. This distribution will be paid to shareholders of record as of October 24, 2023.

HFRO is a closed-end fund that aims to provide a high level of current income while preserving capital. The fund achieves this objective by investing primarily in floating-rate loans, securities secured by real estate, and various other instruments such as fixed-rate loans, corporate bonds, and equities.

Managed by NexPoint Asset Management, L.P., the Highland Opportunities and Income Fund has recently changed its name to reflect a new investment objective. Under this modified objective, the fund will pursue both capital growth and income.

Investors interested in HFRO should carefully consider the investment objectives, risks, charges, and expenses associated with the fund. The prospectus can be obtained by calling 1-800-357-9167 or visiting the NexPoint Asset Management website.

It is important to note that the distribution may include a return of capital, and shareholders should refer to the 19(a)-1 Source of Distribution Notice on the Highland Funds website for estimated amounts and sources of the fund’s distributions.

The Highland Opportunities and Income Fund provides investors with an opportunity to access a diversified portfolio of income-generating assets. With a focus on current income and capital preservation, the fund aims to meet the needs of long-term investors.

For more information about the Highland Opportunities and Income Fund, please visit nexpointassetmgmt.com/income-fund/.