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.

Last Updated: October 21, 2026

HGLB

$6.58

+$0.05 (+0.77%)

Oct 21, 2026 · Market close

Compare

Price History

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

Compare HGLB with… →

HGLB Key Statistics

As of Oct 21, 2026

Trading

Open: $6.52
Previous Close: $6.53
Day's Range: 6.41–6.63
52-Week Range: 6.32–10.64
Volume: 114.43K

Valuation

Market Cap: $155.23M
P/E Ratio: 16.87
EPS (ttm): 0.39

Financials (FY)

Revenue (FY): $68.84M+105.24%
Net Income (FY): $67.75M+107.13%
Shares Outstanding: 23.59M
1-Year Return: −26.78%

Dividend and dates

Dividend: $1.02+15.62%
Ex-Dividend Date: October 23, 2026
Avg Volume: 90.38K

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

Key facts

As of October 21, 2026, HGLB closed at $6.58, −26.78% over 1 year.

Highland Global Allocation Fund (HGLB) has a market capitalization of $155.23M.

In fiscal 2025, HGLB reported revenue of $68.84M.

HGLB Stock Return by Calendar Year

Highland Global Allocation Fund (HGLB) return since Mar 2019: what $10,000 became

1 year: $10,000 $7,322; −26.78%
5 years: $10,000 $11,833; +18.33%
Since Mar 2019: $10,000 $12,018; +20.18%

If you had invested $10,000 in Highland Global Allocation Fund (HGLB) at the close on March 1, 2019, the earliest close on record here, it would have been worth $12,018 at the close on October 21, 2026: +20.18% in total, +2.43% a year, with dividends reinvested, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

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%−22.49%

2019*2020202120222023202420252026*

Year	Return
2026 (partial year)	−22.49%
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 October 21, 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 512 stocks

Metric	HGLB	Asset Management median	vs median
P/E	16.87	9.44	79% above

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values Highland Global Allocation Fund (HGLB) at $155.23M. The company sits in the Financial Services sector, in the Asset Management industry.

Over the past 52 weeks the price has ranged from $6.32 to $10.64. The most recent close on file for HGLB is $6.58, dated October 21, 2026. That is +$0.05 (+0.77%) against the previous close. The latest close sits 4.11% 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. Earnings per share on a trailing basis come to 0.39.

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 16.87. That is 78.71% above the Asset Management median of 9.44. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is −26.78%. Measured over 5 years, that is +3.42% a year compounded. Daily returns over the trailing 7 years annualize to a volatility of 27.64%.

Growth & Income

Shareholders receive a dividend, yielding 15.62% on the latest price. That is 6.7 percentage points above the Asset Management median yield of 8.91%. The indicated annual rate is $1.02 a share. The ex-dividend date on file is October 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 total return is −22.49% 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: