Highland Global Allocation Fund Declares Monthly Distributions of $0.088 Per Share

Core Points - Highland Global Allocation Fund (HGLB) has declared monthly distributions of $0.088 per share for the period from October to December 2025, reflecting an annual distribution rate of 8.5% based on the average net asset value (NAV) per share for the last five trading days of 2024 [1][2]. Distribution Details - The distribution schedule is as follows: - Ex-Date: October 24, 2025; Record Date: October 24, 2025; Payable Date: October 31, 2025 - Ex-Date: November 21, 2025; Record Date: November 21, 2025; Payable Date: November 28, 2025 - Ex-Date: December 24, 2025; Record Date: December 24, 2025; Payable Date: December 31, 2025 [2]. Level Distribution Policy - The Fund operates under a Level Distribution Policy approved in March 2019, which allows for monthly distributions at a fixed rate that resets annually based on the average NAV per share [2][3]. - The Board of Trustees may amend the Level Distribution Policy or cease distributions without prior notice, which could impact the market price of the Fund's shares [5]. Shareholder Options - Shareholders can choose to reinvest distributions in additional shares through the Dividend Reinvestment Plan or opt for cash distributions by contacting their financial adviser or brokerage [4]. Distribution Composition - Distributions may include a return of capital, which occurs when some of the invested money is returned to shareholders. This does not necessarily reflect the Fund's investment performance [7][11]. - The Fund may pay out less than the entire net investment income in certain periods to maintain stable distributions, which could lead to variations in the dividend amount [6]. Fund Overview - Highland Global Allocation Fund is a closed-end fund managed by NexPoint Asset Management, L.P. More information can be found on their official website [9][10].