Highland Global Allocation Fund Declares Monthly Distributions of $0.071 Per Share
About the Level Distribution Policy In March 2019, the Fund's Board of Trustees (the "Board") approved a level distribution policy (the "Level Distribution Policy") under which the Fund makes monthly distributions to stockholders at a constant and fixed (but not guaranteed) rate that will reset annually to a rate calculated based on the average of the Fund's NAV per share (the "Distribution Amount"), as reported for the final five trading days of the month preceding the announcement of distributions. The Distribution Amount applicable to Q1 2021 was reset based upon the results of the distri...
Source: prnewswire.com