Highland Global Allocation Fund Sets Monthly Distribution at $0.085

The distributions are slated for payment on October 30, November 30, and December 31, 2026. Under the current policy, the fund resets its annual distribution rate based on the average net asset value calculated during the final five trading days of the previous calendar year. While this framework aims to provide a consistent income stream for shareholders, the fund clarifies that these payments are not guaranteed and remain subject to market volatility and portfolio performance.

Investors enrolled in the Dividend Reinvestment Plan will see their distributions automatically reinvested into additional common shares unless they opt out to receive cash. Management cautions that if investment income falls short of the distribution amount, the fund may utilize a return of capital to maintain the payout. Such instances do not necessarily reflect the fund's actual investment performance and may impact future expense ratios. Shareholders are encouraged to review the upcoming tax documentation, specifically Form 1099-DIV, to determine the exact tax characterization of these distributions.