Highland Global Allocation Fund Declares Monthly Distributions of $0.088 Per Share - Highland Glb Allocation (NYSE:HGLB)

Core Viewpoint - Highland Global Allocation Fund has declared monthly distributions of $0.088 per share for the period of October through December 2025, with an annual distribution rate reset to 8.5% based on the average net asset value for the final five trading days of 2024 [1][2]. Distribution Details - The distribution schedule includes: - 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, allowing for monthly distributions at a fixed rate that resets annually based on the average NAV per share [2][3]. - The Distribution Amount for Q4 2025 was recalculated based on the latest NAV results, with future periods subject to similar recalculations [2]. 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]. Potential Changes to Distribution - The Board of Trustees retains the right to amend the Level Distribution Policy, Distribution Amount, or distribution intervals, and may cease distributions without prior notice [5]. - Distributions may sometimes consist of a return of capital, which does not necessarily reflect the Fund's investment performance [7]. Tax Reporting and Notices - The Fund will provide detailed notices to shareholders regarding the composition of distributions, which are estimates and not for tax reporting purposes [9]. - Shareholders will receive a Form 1099-DIV annually for tax reporting [9]. Fund Management - Highland Global Allocation Fund is managed by NexPoint Asset Management, L.P., which is an SEC-registered investment adviser [10][11].