Highland Funds I - Highland Opportunities and Income Fund
US ˙ NYSE

SecurityHFRO / Highland Funds I - Highland Opportunities and Income Fund
InstitutionTruist Financial Corp
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
Truist Financial Corp closes position in HFRO / Highland Funds I - Highland Opportunities and Income Fund

On November 3, 2025 - Truist Financial Corp filed a 13F-HR form disclosing ownership of 0 shares of Highland Funds I - Highland Opportunities and Income Fund (US:HFRO) valued at $0 USD as of September 30, 2025. The entity filed a previous 13F-HR on July 18, 2025 disclosing 10,488 shares of Highland Funds I - Highland Opportunities and Income Fund. The current value of the position is $0 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2025-11-03 2025-09-30 13F HIGHLAND OPPS & INCOME FD HIGHLAND INCOME 43010E404 0 -100.00 0
2025-07-18 2025-06-30 13F HIGHLAND OPPS & INCOME FD HIGHLAND INCOME 43010E404 10,488 -1,551 -12.88 55 -12.90 0.0000
2025-04-29 2025-03-31 13F HIGHLAND OPPS & INCOME FD HIGHLAND INCOME 43010E404 12,039 -11,438 -48.72 63 -48.76 0.0001
2025-01-31 2024-12-31 13F HIGHLAND OPPORTUNITIES HIGHLAND INCOME 43010E404 23,477 -4,514 -16.13 122 -29.24 0.0002
2024-11-13 2024-09-30 13F HIGHLAND OPPORTUNITIES HIGHLAND INCOME 43010E404 27,991 -14,269 -33.76 172 -35.23 0.0003
2024-08-21 2024-06-30 13F HIGHLAND OPPORTUNITIES HIGHLAND INCOME 43010E404 42,260 -23,548 -35.78 264 -42.86 0.0004
2024-05-13 2024-03-31 13F HIGHLAND OPPORTUNITIES HIGHLAND INCOME 43010E404 65,808 -22,445 -25.43 463 -31.86 0.0007
2024-02-02 2023-12-31 13F HIGHLAND OPPORTUNITIES HIGHLAND INCOME 43010E404 88,253 -2,945 -3.23 679 -7.50 0.0011
2023-11-14 2023-09-30 13F HIGHLAND OPPORTUNITIES HIGHLAND INCOME 43010E404 91,198 605 0.67 733 -10.39 0.0012
2023-08-01 2023-06-30 13F HIGHLAND OPPORTUNITIES HIGHLAND INCOME 43010E404 90,593 -743 -0.81 818 2.00 0.0014
2023-05-05 2023-03-31 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 91,336 -161,309 -63.85 803 -69.18 0.0014
2023-02-17 2022-12-31 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 252,645 75,725 42.80 2,602 51.28 0.0046
2022-10-26 2022-09-30 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 176,920 77,725 78.36 1,720 53.98 0.0033
2022-07-22 2022-06-30 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 99,195 -12,560 -11.24 1,117 -16.27 0.0021
2022-04-22 2022-03-31 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 111,755 14,041 14.37 1,334 24.21 0.0021
2022-02-14 2021-12-31 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 97,714 1,964 2.05 1,074 4.17 0.0016
2021-11-05 2021-09-30 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 95,750 208 0.22 1,031 -1.06 0.0017
2021-08-16 2021-06-30 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 95,542 -759 -0.79 1,042 -2.43 0.0017
2021-05-17 2021-03-31 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 96,301 4,154 4.51 1,068 12.78 0.0019
2021-11-19 2020-12-31 13F/A-1 HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 92,147 2,534 2.83 947 22.99 0.0018
2021-02-18 2020-12-31 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 92,147 2,534 947 0.0018
2021-11-05 2020-09-30 13F/A-1 HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 89,613 1,258 1.42 770 8.30 0.0017
2020-11-13 2020-09-30 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 89,613 1,258 770 0.0017
2021-11-16 2020-06-30 13F/A-1 HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 88,355 4,930 5.91 711 -0.14 0.0016
2020-08-14 2020-06-30 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 88,355 4,930 711 0.0016
2021-11-05 2020-03-31 13F/A-1 HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 83,425 -8,273 -9.02 712 -37.54 0.0019
2020-05-15 2020-03-31 13F HIGHLAND INCOME FD HIGHLAND INCOME 43010E404 83,425 -8,273 712 0.0019
2021-11-16 2019-12-31 13F/A-1 HIGHLAND INCOME FUND HIGHLAND INCOME 43010E404 91,698 91,698 1,140 0.0023
2020-02-14 2019-12-31 13F HIGHLAND INCOME FUND HIGHLAND INCOME 43010E404 91,698 8,273 1,140 0.0023
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.