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Dondero group lifts Highland Opportunities & Income (HFRO) stake to 8.5%
The James D. Dondero-led shareholder group has increased its beneficial stake in Highland Opportunities & Income Fund (HFRO) to 8.5%, as reported in a recent Schedule 13D/A filing. This updated ownership, as of March 30, 2025, includes significant holdings by Highland Global Allocation Fund, NexPoint Asset Management, and a trust for Nancy Marie Dondero. The Highland Global Allocation Fund recently acquired an additional 548,460 shares through open-market transactions for over $3.3 million.