Highland Floating Rate Fund Net Asset
| HLFZX Fund | 9.21 0.01 0.11% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Highland Floating's long-term financial health and intrinsic value.
Highland |
Highland Floating Rate Mutual Fund Net Asset Analysis
Highland Floating's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Highland Floating Net Asset | 127.13 M |
Most of Highland Floating's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Highland Floating Rate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, Highland Floating Rate has a Net Asset of 127.13 M. This is much higher than that of the Harding Loevner family and significantly higher than that of the Diversified Emerging Mkts category. The net asset for all United States funds is notably lower than that of the firm.
Highland Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Highland Floating's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Highland Floating could also be used in its relative valuation, which is a method of valuing Highland Floating by comparing valuation metrics of similar companies.Highland Floating is currently under evaluation in net asset among similar funds.
Highland Fundamentals
| Annual Yield | 0.02 % | ||||
| Net Asset | 127.13 M |
About Highland Floating Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Highland Floating Rate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Highland Floating using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Highland Floating Rate based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Highland Mutual Fund
Highland Floating financial ratios help investors to determine whether Highland Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Highland with respect to the benefits of owning Highland Floating security.
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