DALLAS, July 10, 2019 /PRNewswire/ -- Highland Capital Management Fund Advisors, L.P. (together with its affiliates "Highland") announced today that the Highland Global Allocation Fund (NYSE:HGLB) (the "Fund") has completed $10 million in repurchases of the Fund's shares. "The Fund's repurchase program represents our commitment to enhancing shareholder value and our conviction in the portfolio," said Dustin Norris, head of distribution and chief product strategist. As such, the Fund may repurchase additional shares during the third quarter, with the ability to repurchase up to 5% of outstanding shares in total under the program.

Highland Global Allocation Fund (NYSE: HGLB) ("the "Fund") today announced that it will continue its 8.5% level distribution policy in 2020. The Fund is therefore declaring distributions of $0.084 per month for January through December 2020.

DALLAS, Aug. 20, 2019 /PRNewswire/ -- Highland Capital Management Fund Advisors, L.P. (together with its affiliates "Highland") announced today that the Board of Trustees (the "Board") of the Highland Global Allocation Fund (NYSE:HGLB) (the "Fund") approved up to an additional $20 million of share repurchases of the Fund's shares and an extension of the repurchase program for a period of six months. This comes following the Fund's completion of $10 million in share repurchases in July, which the Board approved in conjunction with the conversion of the Fund from an open-end fund to a closed-end fund. Highland Capital Management Fund Advisors, L.P. is an affiliated adviser of Highland Capital Management, L.P. (together with its affiliates "Highland"), a multibillion-dollar global alternative investment manager.

Highland Capital Management Fund Advisors, L.P. (together with its affiliates "Highland") announced today that the Board of Trustees (the "Board") of the Highland Global Allocation Fund (NYSE: HGLB) (the "Fund") extended its repurchase program for a period of six months.