 DALLAS, July 01, 2021 GLOBE NEWSWIRE -- Highland Global Allocation Fund NYSE: HGLB the Fund today announced the declaration of monthly distributions of 0.071 per share, payable on the dates noted below. Under the Funds level distribution policy, the annual distribution rate has been reset to an amount equal to 8.5 of the average of the Funds net asset value NAV per share, as reported for the final five trading days of the 2020 calendar year. The Fund is declaring distributions of 0.071 per month for July through September 2021. 