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Compare · HFRO vs NEA

HFRO vs NEA

Side-by-side comparison of Highland Opportunities and Income Fund (HFRO) and Nuveen AMT-Free Quality Municipal Income Fund (NEA): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both HFRO and NEA operate in Finance/Investors Services (Finance), so they compete in similar markets.
  • NEA is the larger of the two at $4.19B, about 5.3x HFRO ($792.8M).
  • Over the past year, HFRO is up 32.6% and NEA is up 6.6% - HFRO leads by 26.0 points.
  • HFRO has hit the wire 12 times in the past 4 weeks while NEA has been quiet.
PerformanceHFRO+32.63%NEA+6.63%
2025-06-09+0.00%2026-06-09
MetricHFRONEA
Company
Highland Opportunities and Income Fund
Nuveen AMT-Free Quality Municipal Income Fund
Price
$6.89+3.30%
$11.51+0.74%
Market cap
$792.8M
$4.19B
1M return
+10.77%
-1.12%
1Y return
+32.63%
+6.63%
Industry
Finance/Investors Services
Finance/Investors Services
Exchange
NYSE
NYSE
IPO
2017
2002
News (4w)
12
0
Recent ratings
0
0
HFRO

Highland Opportunities and Income Fund

Highland Funds I - Highland Floating Rate Opportunities Fund 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 invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships. The fund seeks to invest in below investment grade securities. It also invests through derivatives. The fund benchmarks the performance of its portfolio against the Credit Suisse Leveraged Loan Index. It was formerly known as Pyxis Funds I - Pyxis Floating Rate Opportunities Fund. Highland Funds I - Highland Floating Rate Opportunities Fund was formed on January 13, 2000 and is domiciled in the United States.

NEA

Nuveen AMT-Free Quality Municipal Income Fund

Nuveen AMT-Free Quality Municipal Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC. It invests in the fixed income markets of the United States. The fund primarily invests in undervalued municipal bonds that are exempt from federal income taxes, including the alternative minimum tax. It seeks to invest in securities that are rated Baa/BBB or better by S&P, Moody's, or Fitch. The fund's investment portfolio comprises investments in various industries, which include transportation, healthcare, utilities, housing/multifamily, and water and sewer. It was formerly known as Nuveen AMT-Free Municipal Income Fund. Nuveen AMT-Free Quality Municipal Income Fund was formed on November 21, 2002 and is domiciled in the United States.

Latest HFRO

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