Highland Funds I - Highland Opportunities and Income Fund

Highland Funds I - Highland Opportunities and Income Fund (ticker: HFRO) is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund primarily invests in fixed income markets globally, with a focus on floating rate loans and securities deemed to be floating rate investments. It emphasizes adjustable rate senior loans to corporations and partnerships, and seeks to invest in below investment grade securities. Additionally, the fund uses derivatives as part of its investment strategy. Its performance is benchmarked against the Credit Suisse Leveraged Loan Index. The fund was formerly known as Highland Funds I - Highland Income Fund.

Highland Funds I - Highland Opportunities and Income Fund (HFRO) is listed on the New York Stock Exchange (NYSE). It trades in U.S. Dollars (USD). As a fund domiciled in the United States, its shares are denominated in USD, making it accessible to investors on the NYSE.

HFRO operates in the Financial Services sector, specifically within the Asset Management industry. As a closed-end fund, it falls under asset management because it pools investor capital to invest in a diversified portfolio of fixed income securities, primarily floating rate loans and below investment grade debt. The fund's management team at Highland Capital Management Fund Advisors, L.P. makes investment decisions on behalf of shareholders.

Highland Funds I - Highland Opportunities and Income Fund is domiciled in the United States and was formed on January 13, 2000. It invests in fixed income markets across the globe, meaning it seeks opportunities in various countries worldwide. However, its primary focus is on U.S. dollar-denominated floating rate loans and securities. The fund is available to investors on the NYSE, and its shares are traded in U.S. Dollars.