SEC Form 424B3 filed by Highland Opportunities and Income Fund

$HFRO
Finance/Investors Services
Finance
Get the next $HFRO alert in real time by email
424B3 1 d550162d424b3.htm 424B3 424B3

HIGHLAND OPPORTUNITIES AND INCOME FUND

(the “Fund”)

Supplement dated July 24, 2024 to the Fund’s Statement of Additional Information (the “SAI”), dated July 1, 2019, as supplemented from time to time

This supplement provides new and additional information beyond that contained in the SAI and should be read in conjunction with the SAI. Capitalized terms and certain other terms used in this supplement, unless otherwise defined in this supplement, have the meanings assigned to them in the SAI.

Effective immediately, the following will replace the table entitled “Officers” in the “Management of the Fund” section beginning on page 29 of the SAI:

 

Name, Date of Birth, Position(s) held

with the Trust and Length of Time

Served, Term of Office

  

Principal Occupations(s)
During the Past Five Years

OFFICERS

  

Dustin Norris

(1/6/1984)

 

Executive Vice President since April 2019; Indefinite Term

   Head of Distribution and Chief Product Strategist at NexPoint Advisors, L.P. since March 2019; President of NexPoint Securities, Inc. since April 2018; Officer of the Fund Complex since November 2012.

Frank Waterhouse

(4/14/1971)

 

Treasurer since May 2015; Principal Accounting Officer since October 2017; Principal Executive Officer and Principal Financial Officer since April 2021; Indefinite Term

   Chief Financial Officer of Skyview Group since February 2021; Chief Financial Officer and Partner of HCMLP from December 2011 and March 2015, respectively, to February 2021; Treasurer of the Fund Complex since May 2015; Principal Financial Officer of HCMLP from October 2017 to February 2021; Principal Executive Officer of HCMLP from February 2018 to February 2021.

Will Mabry

(7/2/1986)

 

Assistant Treasurer since April 2021; Indefinite Term

   Director, Fund Analysis of Skyview Group, since February 2021. Prior to his current role at Skyview Group, Mr. Mabry served as Senior Manager – Fund Analysis, Manager – Fund Analysis, and Senior Fund Analyst for HCMLP.

Stephanie Vitiello

(6/21/1983)

 

Secretary since April 2021; Chief Compliance Officer and Anti-Money Laundering Officer since November 2021; Indefinite Term

   Chief Compliance Officer and Counsel of Skyview Group since February 2021. Prior to her current role at Skyview Group, Ms. Vitiello served as Managing Director – Distressed, Assistant General Counsel, Associate General Counsel and In-House Counsel for HCMLP.

Lauren Fetty

(4/15/1992)

   Assistant Secretary since February 2024 and Corporate Counsel of Skyview Group since July 2022. Prior to her current role at Skyview Group, Ms. Fetty served as an attorney for Stanton LLP.


Name, Date of Birth, Position(s) held

with the Trust and Length of Time

Served, Term of Office

  

Principal Occupations(s)
During the Past Five Years

Assistant Secretary since June 2024; Indefinite Term   

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.

HFRO-SUPP-0724

Get the next $HFRO alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$HFRO

DatePrice TargetRatingAnalyst
More analyst ratings

$HFRO
Press Releases

Fastest customizable press release news feed in the world

See more
  • Highland Opportunities and Income Fund Announces the Regular Monthly Distribution

    DALLAS, Feb. 3, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE: HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0385 per share. The distribution will be payable on February 28, 2025, to shareholders of record at the close of business February 21, 2025. The Fund is a closed-end fund that seeks to provide growth of capital along with income in a registered fund format. The Fund pursues its investment objective by investing directly and indirectly (e.g., through derivatives that are the economic equivalent of direct investments) in the following categories of securities and instruments: (i) investments in securities

    $HFRO
    Finance/Investors Services
    Finance
  • Highland Opportunities and Income Fund (HFRO) Announces Commencement of Tender and Exchange Offer

    DALLAS, Feb. 3, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") today announced the commencement of a tender and exchange offer (the "Exchange Offer") for common shares (the "Shares") in exchange for up to $100 million in newly issued Series B Preferred Shares. The Fund previously announced plans for the Exchange Offer on November 25, 2024. The Exchange Offer is part of the ongoing, targeted strategy from the Fund's adviser, NexPoint Asset Management, L.P. (the "Adviser"), and the Board of Trustees (the "Board") to address the Share price's discount to net asset value ("NAV") and attempt to enhance long-term shareholder value. Other initiat

    $HFRO
    Finance/Investors Services
    Finance
  • Highland Opportunities and Income Fund Announces the Regular Monthly Distribution

    DALLAS, Jan. 2, 2025 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") today announced its regular monthly distribution on its common stock of $0.0385 per share. The distribution will be payable on January 31, 2025, to shareholders of record at the close of business January 24, 2025. The Fund is a closed-end fund that seeks to provide growth of capital along with income in a registered fund format. The Fund pursues its investment objective by investing directly and indirectly (e.g., through derivatives that are the economic equivalent of direct investments) in the following categories of securities and instruments: (i) investments in securities or

    $HFRO
    Finance/Investors Services
    Finance

$HFRO
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$HFRO
SEC Filings

See more

$HFRO
Financials

Live finance-specific insights

See more
  • Highland Opportunities and Income Fund Announces Investor Update Call

    DALLAS, Nov. 22, 2024 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") announced today that the Fund is scheduled to host a conference call on Wednesday, December 11, 2024, at 4:00 p.m. ET, to discuss portfolio updates and recent performance. To register to attend the call click here or visit Highland Opportunities and Income Fund Website and follow the link to register. Attendees may submit questions ahead of the call. Questions can be submitted through the registration link. A replay will be available on HFRO's website after the call. About the Highland Opportunities and Income Fund The Highland Opportunities and Income Fund (NYSE: HFRO) is a c

    $HFRO
    Finance/Investors Services
    Finance
  • Highland Opportunities and Income Fund Announces Investor Update Call

    DALLAS, Aug. 22, 2024 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") announced today that the Fund is scheduled to host a conference call on Wednesday, September 11, 2024, at 4:00 p.m. ET, to discuss portfolio updates and recent performance. To register to attend the call click here or visit Highland Opportunities and Income Fund Website and follow the link to register. Attendees may submit questions ahead of the call. Questions can be submitted through the registration link. A replay will be available on HFRO's website after the call. About the Highland Opportunities and Income Fund The Highland Opportunities and Income Fund (NYSE: HFRO) is a

    $HFRO
    Finance/Investors Services
    Finance
  • Highland Opportunities and Income Fund Announces Investor Update Call

    DALLAS, May 9, 2024 /PRNewswire/ -- The Highland Opportunities and Income Fund (NYSE:HFRO) ("HFRO" or the "Fund") announced today that the Fund is scheduled to host a conference call on Thursday, May 23, 2024, at 3:00 p.m. ET, to discuss portfolio updates and recent performance. To register to attend the call click here or visit Highland Opportunities and Income Fund Website and follow the link to register. Attendees may submit questions ahead of the call. Questions can be submitted through the registration link. A replay will be available on HFRO's website after the call. About the Highland Opportunities and Income Fund The Highland Opportunities and Income Fund (NYSE: HFRO) is a closed-en

    $HFRO
    Finance/Investors Services
    Finance

$HFRO
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more