The Highland Income Fund (HFRO) is a mutual fund that focuses on generating income for investors through a diversified portfolio of fixed income securities. This fund primarily invests in high-yield bonds, senior loans, and other debt instruments, with the goal of providing a steady stream of income. HFRO may also invest in equity securities and other alternative investments to enhance returns and manage risk. With a focus on income generation, this fund may be suitable for investors seeking regular cash flow from their investments.