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Stock impact report

Highland Global Allocation Fund (HGLB) Announces Addition to Portfolio Management Team, Provides Update on Recent NAV Increase

Highland Global Allocation Fund (HGLB) 
Company Research Source: PR Newswire
DALLAS, Oct. 7, 2025 /PRNewswire/ -- The Highland Global Allocation Fund (NYSE: HGLB) ("HGLB" or the "Fund") today announced an addition to the Fund's portfolio management team. Effective October 7, 2025. Scott Johnson has been named as a portfolio manager of the Fund. Mr. Johnson will join current portfolio manager James Dondero in overseeing the Fund's investment activities. Mr. Johnson is managing director and portfolio manager at NexPoint. He has over 25 years of investment management experience with extensive experience in private equity, mergers and acquisitions, and long/short hedge funds. Mr. Johnson received a B.B.A. in Finance with honors from the University of Texas at Austin and an MBA from Harvard Business School. In addition to the portfolio manager changes, the Fund provided an update on a recent change in the Fund's net asset value ("NAV"). On October 1, 2025, the Fund's NAV increased by 18.86% or $2.24. T Show less Read more
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