Performance analysis of Highland Opportunities and Income Fund (HFRO-P-A)
Annual Return
Over the past 3 years, HFRO-P-A has had an average annual return of +1.38%, underperforming the benchmark SPY, which returned +19.27% annual.
Over the past 5 years, HFRO-P-A has had an average annual return of -2.09%, underperforming the benchmark SPY, which returned +12.50% annual.
Since Jul 30, 2019, HFRO-P-A has had an average annual return of +0.61%, underperforming the benchmark SPY, which returned +15.41% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +7.51% | +4.59% | -6.59% | +8.22% | -22.98% | +4.08% | +9.57% | +4.54% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.45% | +2.02% | +2.35% | +0.27% | -0.40% | +0.99% | +0.62% | +7.51% | |||||
| 2025 | +1.57% | -0.41% | -3.26% | -3.79% | +0.86% | +6.84% | +0.87% | +4.32% | +0.15% | +0.94% | -1.98% | -1.13% | +4.59% |
| 2024 | +2.32% | -0.83% | +4.79% | -2.06% | -3.29% | +0.71% | -0.64% | +1.08% | +7.24% | -0.97% | -8.72% | -5.42% | -6.59% |
| 2023 | +12.61% | -1.13% | -7.65% | +5.26% | +2.31% | -1.46% | -0.96% | -3.52% | -2.59% | -6.95% | +6.71% | +7.30% | +8.22% |
| 2022 | -3.12% | -2.87% | -0.49% | -7.60% | +4.11% | -0.56% | +1.33% | -0.29% | -0.67% | -11.26% | +2.98% | -6.26% | -22.98% |
| 2021 | -2.26% | +0.88% | +1% | +1.18% | +0.57% | -0.09% | -1.01% | +1.10% | +1.26% | +1.28% | -0.99% | +1.17% | +4.08% |
| 2020 | +1.34% | -2.52% | -13.05% | +12.24% | +1.46% | +0.12% | +2.21% | +2.44% | +1.25% | +0.40% | +3.25% | +1.82% | +9.57% |
| 2019 | +0.12% | +0.65% | +1% | +0.64% | -0.02% | +2.08% | +4.54% |
Drawdown analysis of Highland Opportunities and Income Fund (HFRO-P-A)
The maximum drawdown for the HFRO-P-A was -30.39%, occurring on Apr 11, 2025. This drawdown has not yet recovered.
The current HFRO-P-A drawdown is -14.04%.
Since Jul 30, 2019 HFRO-P-A has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 2 times
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.39% | Dec 29, 2021 | 824 | Apr 11, 2025 | Ongoing | Ongoing | Ongoing |
| -27.91% | Jan 14, 2020 | 44 | Mar 18, 2020 | 103 | Aug 13, 2020 | 147 |
| -3.44% | Oct 15, 2021 | 24 | Nov 18, 2021 | 27 | Dec 29, 2021 | 51 |
| -2.86% | Dec 31, 2020 | 17 | Jan 27, 2021 | 38 | Mar 23, 2021 | 55 |
| -2.74% | Mar 23, 2021 | 5 | Mar 30, 2021 | 17 | Apr 23, 2021 | 22 |
| -2.06% | Oct 14, 2020 | 10 | Oct 28, 2020 | 12 | Nov 13, 2020 | 22 |
| -2.03% | Jul 14, 2021 | 12 | Jul 30, 2021 | 37 | Sep 22, 2021 | 49 |
| -1.67% | Sep 22, 2020 | 2 | Sep 24, 2020 | 3 | Sep 29, 2020 | 5 |
| -1.56% | Aug 12, 2019 | 24 | Sep 16, 2019 | 4 | Sep 20, 2019 | 28 |
| -1.27% | Jun 14, 2021 | 9 | Jun 25, 2021 | 11 | Jul 13, 2021 | 20 |
| -1.23% | Oct 15, 2019 | 1 | Oct 16, 2019 | 42 | Dec 16, 2019 | 43 |
| -1.22% | May 10, 2021 | 2 | May 12, 2021 | 10 | May 26, 2021 | 12 |
| -0.79% | Aug 20, 2020 | 1 | Aug 21, 2020 | 21 | Sep 22, 2020 | 22 |
| -0.62% | Apr 30, 2021 | 3 | May 5, 2021 | 3 | May 10, 2021 | 6 |
| -0.60% | Sep 23, 2019 | 2 | Sep 25, 2019 | 10 | Oct 9, 2019 | 12 |
| -0.57% | Dec 22, 2020 | 1 | Dec 23, 2020 | 3 | Dec 29, 2020 | 4 |
| -0.50% | Nov 23, 2020 | 2 | Nov 25, 2020 | 1 | Nov 27, 2020 | 3 |
| -0.50% | Nov 30, 2020 | 4 | Dec 4, 2020 | 5 | Dec 11, 2020 | 9 |
| -0.47% | Nov 16, 2020 | 2 | Nov 18, 2020 | 1 | Nov 19, 2020 | 3 |
| -0.41% | Aug 2, 2019 | 1 | Aug 5, 2019 | 1 | Aug 6, 2019 | 2 |
| -0.38% | Sep 22, 2021 | 4 | Sep 28, 2021 | 1 | Sep 29, 2021 | 5 |
| -0.38% | Jun 4, 2021 | 3 | Jun 9, 2021 | 2 | Jun 11, 2021 | 5 |
| -0.38% | Dec 18, 2020 | 1 | Dec 21, 2020 | 1 | Dec 22, 2020 | 2 |
| -0.35% | Aug 6, 2019 | 1 | Aug 7, 2019 | 1 | Aug 8, 2019 | 2 |
| -0.35% | Oct 8, 2020 | 1 | Oct 9, 2020 | 3 | Oct 14, 2020 | 4 |