NYSE · Asset Management · USD

Highland Global Allocation Fund (HGLB) Stock Analysis

Highland Global Allocation Fund (HGLB) is a Asset Management stock listed on NYSE and quoted in US Dollar.

HGLB

$7.41

−$0.06 (−0.80%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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HGLB Key Statistics

As of Sep 4, 2026

Trading

Open: $7.43
Previous Close: $7.47
Day's Range: 7.39–7.45
52-Week Range: 7.14–10.64
Volume: 66.10K

Valuation

Market Cap: $174.81M
P/E Ratio: 18.53
EPS (ttm): 0.40

Financials (FY)

Revenue (FY): $68.84M+105.24%
Net Income (FY): $67.75M+107.13%
Profit margin: 0.00%
Shares Outstanding: 23.59M
1-Year Return: −4.98%

Dividend and dates

Dividend: $1.02+13.65%
Ex-Dividend Date: September 23, 2026
Avg Volume: 91.81K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

HGLB Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−23.19%−17.98%+53.22%+14.53%−6.15%−1.52%+51.74%−12.72%

2019*2020202120222023202420252026*

Year	Return
2026 (partial year)	−12.72%
2025	+51.74%
2024	−1.52%
2023	−6.15%
2022	+14.53%
2021	+53.22%
2020	−17.98%
2019 (partial year)	−23.19%

As of September 4, 2026.

HGLB Revenue and Earnings by Fiscal Year

FY ends September

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$68.84M	$67.75M	98.4%
2024	$33.54M	$32.71M	97.5%
2023	$17.89M	$16.93M	94.7%
2022	$16.41M	$15.52M	94.6%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$68.84M	—	—	$67.75M	98.4%
2024	$33.54M	—	—	$32.71M	97.5%
2023	$17.89M	—	—	$16.93M	94.7%
2022	$16.41M	—	—	$15.52M	94.6%

Annual figures as reported, in the company's reporting currency. As of September 30, 2025.

HGLB Dividend History

’19’20’21’22’23’24’25’26*

$1.06+8.6% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.68	8	—
2025	$1.06	12	+8.6%
2024	$0.97	12	−3.6%
2023	$1.01	12	+3.7%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.68	8	—
2025	$1.06	12	+8.6%
2024	$0.97	12	−3.6%
2023	$1.01	12	+3.7%
2022	$0.97	12	+14.1%
2021	$0.85	12	−15.5%
2020	$1.01	12	−4.9%
2019	$1.06	10	—

Most recent payment: $0.09 per share, ex-dividend August 24, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

HGLB Valuation vs Asset Management Median

Median of 561 stocks

Metric	HGLB	Asset Management median	vs median
P/E	18.53	10.34	79% above
Profit margin	0.00%	24.09%	24.1 pts below

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The market values Highland Global Allocation Fund (HGLB) at $174.81M. The company sits in the Financial Services sector, in the Asset Management industry.

Over the past 52 weeks the price has ranged from $7.14 to $10.64. The most recent close on file for HGLB is $7.41, dated September 4, 2026. That is −$0.06 (−0.80%) against the previous close. The latest close sits 3.78% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $68.84M. That is +105.24% against the prior fiscal year, when revenue was $33.54M. The same year closed with net income of $67.75M. That is +107.13% against the prior fiscal year. The reported profit margin is 0%. That is 24.1 percentage points below the Asset Management median of 24.09%. Earnings per share on a trailing basis come to 0.4.

Across the 4 fiscal years on file, revenue moves from $16.41M in 2022 to $68.84M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

HGLB trades at a trailing price-to-earnings ratio of 18.53. That is 79.21% above the Asset Management median of 10.34. 561 Asset Management companies report these metrics, and the medians quoted come from that group.

The trailing one-year price return is −4.98%. Measured over 5 years, that is +5.92% a year compounded. Daily returns over the trailing 7 years annualize to a volatility of 27.59%.

Growth & Income

Shareholders receive a dividend, yielding 13.65% on the latest price. That is 5.5 percentage points above the Asset Management median yield of 8.11%. The indicated annual rate is $1.02 a share. The ex-dividend date on file is September 23, 2026. Dividends are recorded for 8 calendar years; 2026 shows 8 payments totalling $0.68 a share. The year before, 2025, totalled $1.06 a share.

2026 is still running; the price is −12.72% year to date. The strongest complete calendar year on file is 2021 at +53.22%; the weakest is 2020 at −17.98%. Of the 6 complete calendar years on file, 3 finished higher.

Peer Comparison

Highland Global Allocation Fund (HGLB) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization: