HFRO ETF

HFRO ETF
$6.79
See how much of HFRO you already own
Just $25 once·$99/mo·Download sample
X-ray my portfolio free

Fund Essentials - as of Mar 31, 2026

Net Assets
$642M
Expense Ratio
1.18%
Dividend Yield (Current)
3.89%
Holdings
63
Inception Date
Jan 13, 2000
Fund Family
NexPoint
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly

Performance

YTD+6.06%
1 Year+8.05%
3 Year-0.52%
5 Year+2.29%
10 Year+3.56%

Asset Allocation

Stocks: 65.45%
Bonds: 30.82%
Cash: 0.67%
Other: 3.07%
See how much of HFRO you already own
Your funds unpacked, overlap, fees and score, free on screen. The full report comes with FundXLS. Download sample.
X-ray my portfolio free

Top Holdings

View All →
TickerNameWeight
-Nfro Reit Sub Llc Nfro Reit Sub15.55%
-Nfro Holdings, Llc11.41%
-Nfro Reit Sub Llc Nfro Reit Sub Ii10.87%
-Nfro Sfr Reit Sub10.74%
-Nexls Llc9.68%
Top 10 Concentration: 91.53%Report Date: Mar 31, 2026
Download all 63 holdings for HFRO
CSV export with sector, industry & share changes
Get CSV

Dividend Summary

View Details →
Dividend Yield (Current)
3.89%
Frequency
Monthly
Latest Distribution
$0.04
Aug 24, 2026
12M Distributions
11 payments
Total: $0.42

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This ETF
PRO
Peer Avg
PRO

HFRO ETF Overview

HFRO ETF (Highland Opportunities and Income Fund) is managed by NexPoint with $641.6M in net assets. HFRO expense ratio is 1.18%, holding 63 positions across sectors including Real Estate, Financials, Health Care. Inception date: 2000-01-13.

HFRO performance shows a YTD return of 6.06%. The 1-year return is 8.05% and the 5-year return is 2.29%. HFRO dividend yield stands at 3.89%, paid monthly.

HFRO top holdings include Nfro Reit Sub Llc Nfro Reit Sub (15.6%), Nfro Holdings, Llc (11.4%), Nfro Reit Sub Llc Nfro Reit Sub Ii (10.9%), Nfro Sfr Reit Sub (10.7%), Nexls Llc (9.7%). Go to all HFRO holdings, HFRO sectors, or HFRO dividends.

HFRO can be compared against other funds. Use HFRO overlap to find shared positions, or HFRO vs another fund for a side-by-side view. HFRO alternatives are available via the screener, along with tax-loss harvesting opportunities.

1 Month
-0.08%
YTD
+6.06%
1 Year
+8.05%
3 Year
-0.52%

Top 10 Holdings (net long exposure of 130%)

#TickerNameSectorWeight
1-Nfro Reit Sub Llc Nfro Reit SubOther15.55%
2-Nfro Holdings, LlcOther11.41%
3-Nfro Reit Sub Llc Nfro Reit Sub IiOther10.87%
4-Nfro Sfr Reit SubOther10.74%
5-Nexls LlcOther9.68%
6NREFNexpoint Real Estate Finance IncReal Estate9.40%
7-Trq Plano, Llc 12/31/2049Other7.76%
8-Sfr Operating Partnership, L.P. Convertible NoteOther7.02%
9-Nxdt Hospitality Convertible Promissory NoteOther5.07%
10NEDZXNexpoint Credit Catalyst-Z Mutual FundUnknown4.03%