---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-026852"
form_type: "8-K"
ticker: "HFRO"
cik: "0001710680"
company_name: "HIGHLAND OPPORTUNITIES & INCOME FUND"
filed_at: "2026-01-28T23:59:59+00:00"
generated_at: "2026-05-16T07:05:50.765954+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Highland Opportunities amends governing docs; board reallocates after trustee death

## Summary
- Board accepted resignation of Dorri McWhorter from Class III, reappointed her as Class I Trustee effective Jan 16, 2026, following death of Bryan Ward.
- Fourth Amended and Restated Declaration of Trust and Bylaws approved, effective Jan 27, 2026.
- Amendments clarify forum selection (Massachusetts courts), shareholder proposal and nomination requirements, and meeting procedures.
- Ms. McWhorter resumes all committee assignments including Audit Committee chair.
- Compensation unchanged under standard trustee arrangements described in May 2025 proxy.

## SEC filing metadata
- accession: 0001193125-26-026852
- form_type: 8-K
- ticker: HFRO
- cik: 0001710680
- company_name: HIGHLAND OPPORTUNITIES & INCOME FUND
- filed_at: 2026-01-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1710680/000119312526026852/0001193125-26-026852-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1710680/000119312526026852/d79673d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-026852
- JSON: https://secwatch.observer/filing/0001193125-26-026852.json
- Plain text: https://secwatch.observer/filing/0001193125-26-026852.txt

## Source-grounded claims
- claim_id: 3a02faa801e16c6ca4567e1793a88aa989b6e698
  claim: HIGHLAND OPPORTUNITIES & INCOME FUND: Board reallocated trustees across classes and appointed Dorri McWhorter as Class I Trustee following Bryan A. Ward's passing (effective 2026-01-16).
  evidence_excerpt: In light of the passing of Bryan A. Ward, a Class I Trustee of Highland Opportunities and Income Fund (the “Fund”), the Board of Trustees (the “Board”) of the Fund has determined to reallocate the Trustees across the three classes of Trustees. Accordingly, effective January 16, 2026, the Board accepted the resignation of Dorri McWhorter and subsequently appointed Ms. McWhorter to serve as a Class I Trustee of the Fund.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1710680/000119312526026852/0001193125-26-026852-index.htm
- claim_id: 8c0ad5f69c89be86d578f5ad1ad9b8ba4ff820b1
  claim: HIGHLAND OPPORTUNITIES & INCOME FUND: Board approved Fourth Amended and Restated Declaration of Trust, incorporating prior amendments and clarifying forum selection, shareholder proposals and nominations, and shareholder meetings (effective 2026-01-27).
  evidence_excerpt: Effective January 27, 2026, the Board has approved the Fourth Amended and Restated Declaration of Trust and Fourth Amended and Restated Bylaws included as exhibits to this filing and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1710680/000119312526026852/0001193125-26-026852-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.