Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
HGLB
STRONG SELLREMOVEHighland Global Allocation Fund · Financial Services · United States · $191M · Avg Vol: $641K/d
Highland Global Allocation is a closed-end fund with high fees, complex underlying assets, and no clear structural moat or alignment with our core macro themes.
COMPANY DESCRIPTION
Highland Global Allocation Fund is a closed-end management investment company designed to provide investors with a diversified portfolio spanning various asset classes and geographies, aiming for total return. Its competitive moat is derived from its flexible allocation strategy and the portfolio management team's ability to adapt to changing market conditions. This fund offers a broad, actively managed approach for investors seeking global exposure and risk management.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | — | 16.4M | 17.9M | 33.5M | 68.8M | 61.3% |
| EPS | 3.20 | 0.67 | 0.72 | 1.38 | — | -24.4% |
| Shares | — | 22.3M | 22.6M | 23.0M | 23.4M | +4.6% |
| Debt | — | 69.3M | 3.6M | 35.9M | 84.3M | 6.7% |
| Equity | — | 256.7M | 254.0M | 267.0M | 313.8M | 6.9% |
| Op CF | — | -15.9M | 14.6M | 21.9M | 39.5M | 64.6% |
| Inv CF | — | — | — | — | — | — |
| Fin CF | — | -18.1M | -16.1M | -23.3M | -21.5M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of HGLB are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| HGLB | Highland Global Allocation Fund(you) | $191M | 2 | STRONG SELL |
| JZCP.L | JZ Capital Partners Limited | $141M | 2 | STRONG SELL |
| CPZ | Calamos Long/Short Equity & Dynamic Income Term Trust | $254M | 4 | STRONG SELL |
| SIGC.L | Sherborne Investors (Guernsey) C Limited | $282M | 1 | STRONG SELL |
| GRX | The Gabelli Healthcare & Wellness Trust | $137M | 4 | STRONG SELL |
| DFDV | DeFi Development Corp. | $118M | 1 | STRONG SELL |
| BGX | Blackstone Long-Short Credit Income Fund | $139M | 6 | STRONG SELL |
| BMN | Blackrock 2037 Municipal Target Term Trust | $157M | 9 | STRONG SELL |
| BGH | Barings Global Short Duration High Yield Fund | $283M | 5 | STRONG SELL |
| FAIR.L | Fair Oaks Income Limited | $317M | 3 | STRONG SELL |
Peer medians: ROE 10.8% · P/E 13.6x · Gross margin 0.0%