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Templeton Emerging Markets Fund (EMF) vs Highland Opportunities and Income Fund (HFRO)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Highland Opportunities and Income Fund is the larger company by market cap ($360.6 million vs $329.8 million), about 1.1 times the size. On valuation, Templeton Emerging Markets Fund trades at a lower trailing P/E (2.4x vs 130.6x for Highland Opportunities and Income Fund). Templeton Emerging Markets Fund pays a dividend yielding 3.99%, while Highland Opportunities and Income Fund does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

EMF versus HFRO key metrics
MetricEMFHFRO
Share price$22.06$6.53
Market cap$329.75M$360.58M
1-day change-1.56%+0.31%
P/E ratio (TTM)2.36130.60
EPS (TTM)$9.35$0.05
Dividend yield3.99%7.10%
Annual dividend$0.88$0.00
52-week high$24.70$7.74
52-week low$16.07$5.47
Distance from 52-week high-10.69%-15.63%
Average volume31.80K112.19K
Shares outstanding14.95M55.22M
SectorFinanceFinance
IndustryFinance/Investors ServicesFinance/Investors Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Highland Opportunities and Income Fund trades at a higher earnings multiple (130.6x vs 2.4x trailing P/E).
  • Highland Opportunities and Income Fund offers a meaningfully higher dividend yield (7.10% vs 3.99%).

About Templeton Emerging Markets Fund

EMF stock →

Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc. The fund is managed by Templeton Asset Management Ltd.

Finance · Finance/Investors Services

About Highland Opportunities and Income Fund

HFRO stock →

Highland Funds I - Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P.

Finance · Finance/Investors Services

EMF vs HFRO FAQ

Which is bigger, Templeton Emerging Markets Fund or Highland Opportunities and Income Fund?

Highland Opportunities and Income Fund (HFRO) is larger, with a market capitalization of $360.58M compared with $329.75M for Templeton Emerging Markets Fund (EMF).

Which has the lower P/E ratio, EMF or HFRO?

EMF has the lower trailing P/E at 2.4, versus 130.6 for HFRO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Templeton Emerging Markets Fund or Highland Opportunities and Income Fund?

Highland Opportunities and Income Fund has the higher yield at 7.10%, compared with 3.99% for Templeton Emerging Markets Fund.

Are Templeton Emerging Markets Fund and Highland Opportunities and Income Fund in the same industry?

Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.

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