Performance analysis of Highland Global Allocation Fund (HGLB)
Annual Return
Over the past 3 years, HGLB has had an average annual return of +7.38%, underperforming the benchmark SPY, which returned +19.27% annual.
Over the past 5 years, HGLB has had an average annual return of +6.35%, underperforming the benchmark SPY, which returned +12.50% annual.
Since Feb 19, 2019, HGLB has had an average annual return of +2.31%, underperforming the benchmark SPY, which returned +15.80% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -14.56% | +51.66% | -1.51% | -6.10% | +14.66% | +53.29% | -17.92% | -31.48% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.91% | +4.40% | -10.64% | +3.04% | -0.05% | -6.10% | -2.46% | -14.56% | |||||
| 2025 | +17.33% | +6.21% | +1.43% | -2.85% | +9.13% | +1.74% | -3.51% | +4.82% | +6.50% | +12.97% | -0.33% | -8.29% | +51.66% |
| 2024 | +6.54% | -5.55% | -0.11% | -7.31% | +6.86% | +2.63% | +4.28% | +1.57% | +1.69% | -0.63% | +0.82% | -10.67% | -1.51% |
| 2023 | +8.23% | -1.36% | -7.74% | -1.78% | -2.80% | +3.14% | +1.56% | -7.45% | +1.40% | -8.37% | +14.29% | -3.02% | -6.10% |
| 2022 | +8.85% | +1.55% | +0.72% | +5.68% | +3.61% | -8.16% | +7.28% | +0.60% | -14.39% | +13.03% | +3.51% | -5.25% | +14.66% |
| 2021 | +4.46% | +8.14% | +7.67% | +11.97% | +6.46% | +1.01% | +5.97% | +4.32% | -7.23% | +6.38% | -6.57% | +2.68% | +53.29% |
| 2020 | -2.55% | -10.03% | -44.95% | +18.54% | +29.69% | +0.65% | -0.08% | +6.83% | -6.24% | -17.07% | +20.30% | +10.08% | -17.92% |
| 2019 | -10.43% | -3.37% | -3.99% | -9.77% | +3.16% | -2.71% | -5.79% | +2.51% | -6.80% | -5.42% | +6.96% | -31.48% |
Drawdown analysis of Highland Global Allocation Fund (HGLB)
The maximum drawdown for the HGLB was -70.40%, occurring on Mar 24, 2020. Recovery took 520 trading sessions.
The current HGLB drawdown is -24.00%.
Since Feb 19, 2019 HGLB has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 3 times
- 10% or more: 6 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -70.40% | Feb 21, 2019 | 274 | Mar 24, 2020 | 520 | Apr 14, 2022 | 794 |
| -29.85% | Feb 15, 2023 | 175 | Oct 26, 2023 | 320 | Feb 6, 2025 | 495 |
| -24.00% | Nov 3, 2025 | 180 | Jul 24, 2026 | Ongoing | Ongoing | Ongoing |
| -17.63% | Aug 12, 2022 | 33 | Sep 29, 2022 | 86 | Feb 2, 2023 | 119 |
| -15.91% | Apr 1, 2025 | 5 | Apr 8, 2025 | 17 | May 2, 2025 | 22 |
| -13.03% | Jun 6, 2022 | 12 | Jun 23, 2022 | 35 | Aug 12, 2022 | 47 |
| -9.55% | Apr 20, 2022 | 16 | May 12, 2022 | 12 | May 31, 2022 | 28 |
| -8.08% | Jun 16, 2025 | 32 | Aug 1, 2025 | 24 | Sep 5, 2025 | 56 |
| -3.49% | Feb 28, 2025 | 4 | Mar 6, 2025 | 3 | Mar 11, 2025 | 7 |
| -3.10% | Oct 8, 2025 | 2 | Oct 10, 2025 | 4 | Oct 16, 2025 | 6 |
| -2.81% | Feb 19, 2025 | 3 | Feb 24, 2025 | 4 | Feb 28, 2025 | 7 |
| -2.66% | May 6, 2025 | 2 | May 8, 2025 | 3 | May 13, 2025 | 5 |
| -2.57% | Oct 16, 2025 | 5 | Oct 23, 2025 | 6 | Oct 31, 2025 | 11 |
| -2.15% | Mar 11, 2025 | 5 | Mar 18, 2025 | 5 | Mar 25, 2025 | 10 |
| -2.12% | Jun 5, 2025 | 5 | Jun 12, 2025 | 2 | Jun 16, 2025 | 7 |
| -1.34% | Sep 26, 2025 | 1 | Sep 29, 2025 | 1 | Sep 30, 2025 | 2 |
| -1.20% | Oct 6, 2025 | 1 | Oct 7, 2025 | 1 | Oct 8, 2025 | 2 |
| -1.18% | May 15, 2025 | 1 | May 16, 2025 | 1 | May 19, 2025 | 2 |
| -1.12% | Sep 12, 2025 | 4 | Sep 18, 2025 | 2 | Sep 22, 2025 | 6 |
| -0.99% | Feb 3, 2023 | 1 | Feb 6, 2023 | 1 | Feb 7, 2023 | 2 |
| -0.98% | Feb 10, 2023 | 2 | Feb 14, 2023 | 1 | Feb 15, 2023 | 3 |
| -0.97% | Feb 11, 2025 | 2 | Feb 13, 2025 | 3 | Feb 19, 2025 | 5 |
| -0.94% | May 19, 2025 | 2 | May 21, 2025 | 2 | May 23, 2025 | 4 |
| -0.84% | Mar 25, 2025 | 1 | Mar 26, 2025 | 1 | Mar 27, 2025 | 2 |
| -0.84% | May 23, 2025 | 1 | May 27, 2025 | 2 | May 29, 2025 | 3 |