← All Mutual Funds

HIGHLAND GLOBAL ALLOCATION FUND

CIK: 0001622148 HGLB Balanced
Report date: 2026-03-02
AUM $285M
Expense Ratio —
Category Balanced
State —
Fiscal Year End —
Inception Date —
Manager —
Latest Filing 2026-03-02

About this Fund

Highland Global Allocation Fund is a renowned mutual fund company that specializes in providing a wide range of investment solutions to help individuals and institutions achieve their financial goals. As a leading player in the asset management industry, the company offers a diverse portfolio of mutual funds that cater to various investor preferences and risk appetites. With a strong focus on wealth management, Highland Global Allocation Fund provides investors with access to a broad spectrum of investment products, including equity, debt, hybrid, and specialty funds. The company's equity funds are designed to provide long-term capital appreciation by investing in a diversified portfolio of stocks, while its debt funds focus on generating regular income through investments in fixed-income securities. Hybrid funds, on the other hand, offer a balanced approach by combining the benefits of both equity and debt investments. The company's investment approach is centered around a rigorous research process, which involves a thorough analysis of market trends, economic indicators, and company-specific fundamentals. This enables the fund managers to create optimized portfolios that are tailored to meet the unique needs of each investor. For those who prefer a disciplined and regular investment approach, Highland Global Allocation Fund offers a systematic investment plan (SIP) that allows investors to invest a fixed amount of money at regular intervals, thereby reducing the impact of market volatility. The company's investor focus is built around providing exceptional customer service, transparent communication, and a deep understanding of each investor's financial objectives. By leveraging its expertise in asset management and wealth management, Highland Global Allocation Fund has established itself as a trusted partner for investors seeking to grow their wealth over the long term. The company's key strengths lie in its experienced team of fund managers, who bring a wealth of knowledge and expertise to the table. With a proven track record of delivering consistent returns, Highland Global Allocation Fund has earned the trust of its investors, who appreciate the company's commitment to transparency, accountability, and investor-centricity. The company's investment philosophy is centered around a long-term approach, which involves taking a patient and disciplined stance in the face of market fluctuations. This approach has enabled Highland Global Allocation Fund to build a loyal investor base, who appreciate the company's ability to navigate complex market conditions and deliver strong investment performance. As a result, investors from all walks of life have come to trust Highland Global Allocation Fund as a reliable and experienced partner in their investment journey, and the company continues to be a preferred choice for those seeking to create a diversified portfolio of mutual funds that can help them achieve their financial goals. With its strong foundation in asset management and wealth management, Highland Global Allocation Fund is well-positioned to continue delivering value to its investors, while also adapting to the evolving needs of the investment landscape.

Holdings

From latest SEC N-PORT filing · US-listed stocks only

28 positions
# Security Name CUSIP Asset Type Weight % Value ($M) Quantity
1 ARE ALEXANDRIA REAL ESTATE EQUITIES, INC. Since 2026-05-10 N/A Equity (Common)
0.96%
 $2.74 56,000
2 BHR BRAEMAR HOTELS & RESORTS INC. Since 2026-05-10 10482B200 Equity (Preferred)
1.24%
 $3.55 239,774
3 CAT CATERPILLAR INC. Since 2026-05-10 149123101 Equity (Common)
-1.46%
 $-4.17 -7,280
4 FRMI Fermi Inc Since 2026-05-10 314911108 Equity (Common)
2.97%
 $8.46 1,058,010
5 GPRE GREEN PLAINS INC. Since 2026-05-10 393222104 Equity (Common)
0.86%
 $2.45 250,000
6 HRTX HERON THERAPEUTICS, INC. Since 2026-05-10 427746102 Equity (Common)
0.11%
 $0.30 232,800
7 HESM HESS MIDSTREAM LP Since 2026-05-10 428103105 Equity (Common)
2.03%
 $5.78 167,500
8 IP INTERNATIONAL PAPER COMPANY Since 2026-05-10 460146103 Equity (Common)
0.80%
 $2.27 57,750
9 CART Maplebear Inc Since 2026-05-10 565394103 Equity (Common)
-0.75%
 $-2.14 -47,667
10 MPC MARATHON PETROLEUM CORPORATION Since 2026-05-10 56585A102 Equity (Common)
-0.51%
 $-1.46 -8,981
11 NFLX NETFLIX, INC. Since 2026-05-10 64110L106 Equity (Common)
-2.45%
 $-6.99 -74,520
12 NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST Since 2026-05-10 65340G205 Equity (Common)
0.90%
 $2.57 671,954
13 NREF Nexpoint Real Estate Finance Inc Since 2026-05-10 65342V101 Equity (Common)
4.45%
 $12.69 901,385
14 NXRT NEXPOINT RESIDENTIAL TRUST, INC. Since 2026-05-10 65341D102 Equity (Common)
2.06%
 $5.88 195,363
15 NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST Since 2026-05-10 65340G304 Equity (Preferred)
0.07%
 $0.19 13,831
16 RC READY CAPITAL CORPORATION Since 2026-05-10 75574U101 Equity (Common)
0.09%
 $0.25 116,480
17 REYN REYNOLDS CONSUMER PRODUCTS INC. Since 2026-05-10 76171L106 Equity (Common)
1.51%
 $4.30 187,800
18 SRG SERITAGE GROWTH PROPERTIES Since 2026-05-10 81752R100 Equity (Common)
0.48%
 $1.36 417,500
19 SHC SOTERA HEALTH COMPANY Since 2026-05-10 83601L102 Equity (Common)
1.49%
 $4.24 240,468
20 SPOT SPOTIFY TECHNOLOGY S.A. Since 2026-05-10 L8681T102 Equity (Common)
-0.72%
 $-2.06 -3,551
21 TALO TALOS ENERGY INC. Since 2026-05-10 87484T108 Equity (Common)
1.38%
 $3.94 357,484
22 TSAT Telesat Corporation Since 2026-05-10 879512309 Equity (Common)
1.94%
 $5.53 189,945
23 TSLA TESLA, INC. Since 2026-05-10 88160R101 Equity (Common)
-1.32%
 $-3.78 -8,400
24 RIG Transocean Ltd. Since 2026-05-10 H8817H100 Equity (Common)
0.00%
 — 121
25 VLO VALERO ENERGY CORPORATION Since 2026-05-10 91913Y100 Equity (Common)
-0.67%
 $-1.91 -11,713
26 VST VISTRA CORP. Since 2026-05-10 92840M102 Equity (Common)
3.76%
 $10.73 66,500
27 WDFC WD-40 COMPANY Since 2026-05-10 929236107 Equity (Common)
-0.28%
 $-0.79 -4,000
28 WSR WHITESTONE REIT Since 2026-05-10 966084204 Equity (Common)
4.26%
 $12.16 875,255
Frequently Asked Questions — HIGHLAND GLOBAL ALLOCATION FUND
What type of mutual fund is HIGHLAND GLOBAL ALLOCATION FUND?
HIGHLAND GLOBAL ALLOCATION FUND is a SEC-registered Balanced fund, with $285M in assets under management. Balanced funds hold a blend of stocks and bonds, aiming to balance growth potential with income generation and capital preservation. The exact allocation between equities and fixed income varies by fund mandate and is rebalanced periodically. They suit investors seeking moderate risk exposure without managing separate equity and bond positions. As of its latest SEC N-PORT filing, HIGHLAND GLOBAL ALLOCATION FUND holds 28 portfolio positions, all detailed in the holdings table on this page.
What are HIGHLAND GLOBAL ALLOCATION FUND's assets under management (AUM)?
HIGHLAND GLOBAL ALLOCATION FUND has $285M in assets under management (AUM) according to its most recent SEC N-PORT filing on StockSifting. AUM represents the total market value of all securities and other assets held by the fund as of the report date. A larger AUM generally signals a more established fund with greater institutional adoption, more trading liquidity, and potentially lower per-unit operational costs due to economies of scale. AUM changes daily as market prices fluctuate and as investors purchase or redeem fund shares — the figure shown here reflects the most recently available N-PORT disclosure, not the current real-time value. For the live figure, consult the fund's official website or its latest SEC EDGAR filing.
What are HIGHLAND GLOBAL ALLOCATION FUND's top holdings?
According to HIGHLAND GLOBAL ALLOCATION FUND's most recent SEC N-PORT filing, the fund's largest holdings by portfolio weight include ALEXANDRIA REAL ESTATE EQUITIES, INC., BRAEMAR HOTELS & RESORTS INC., CATERPILLAR INC. , among others. The complete list of all 28 holdings — including CUSIP, asset type, portfolio weight percentage, dollar value, and share quantity — is available in the holdings table above. Holdings data is sourced directly from SEC EDGAR N-PORT filings and reflects the fund's positions as of the report date shown at the top of this page. Due to the 60-day SEC disclosure lag, these positions may differ from the fund's current portfolio. For the latest holdings before public release, refer to SEC EDGAR directly.
What is HIGHLAND GLOBAL ALLOCATION FUND's expense ratio?
Expense ratio data for HIGHLAND GLOBAL ALLOCATION FUND is not currently available in StockSifting's database. The expense ratio is the annual fee charged by a mutual fund as a percentage of your investment, covering management fees and operational costs. It is one of the most important factors affecting net long-term returns — lower expense ratios allow more of a fund's gross performance to flow through to investors. For the most accurate and current expense ratio, refer to the fund's official prospectus or its SEC EDGAR filings. You can also contact us if you believe this data should be present.
Where can I find HIGHLAND GLOBAL ALLOCATION FUND's SEC filings?
HIGHLAND GLOBAL ALLOCATION FUND is required to file monthly portfolio reports (Form N-PORT) with the U.S. Securities and Exchange Commission (SEC). Its SEC Central Index Key (CIK) is 0001622148. You can access all of HIGHLAND GLOBAL ALLOCATION FUND's SEC filings — including N-PORT holdings disclosures, annual reports (Form N-CEN), and registration statements — directly on SEC EDGAR (CIK: 0001622148). N-PORT filings disclose the fund's complete portfolio holdings, fair value measurements, and certain risk metrics as of each filing period end date. StockSifting automatically parses these filings to populate the holdings table, AUM figures, and expense ratio displayed on this page, making the raw EDGAR data accessible without needing to download and parse XML files manually.
How current is HIGHLAND GLOBAL ALLOCATION FUND's holdings data on StockSifting?
Holdings data for HIGHLAND GLOBAL ALLOCATION FUND on StockSifting is sourced from its most recent SEC EDGAR N-PORT filing. Under SEC rules, registered investment companies must file N-PORT reports monthly, but these are made publicly available approximately 60 days after the reporting period end date. This means the holdings shown on this page reflect the fund's portfolio from roughly two months prior — not today's exact positions. The Report date displayed at the top of this page indicates exactly when the underlying data was current. If the fund has made significant portfolio changes since that date — responding to market events, earnings releases, or macro shifts — those changes will not be reflected here until the next N-PORT filing is released. For the most up-to-date holdings before the public disclosure window, refer to the fund's official website or SEC EDGAR directly. StockSifting is best used for fundamental research and historical portfolio analysis, not real-time trading decisions.