Nasdaq - Delayed Quote USD

NexPoint Merger Arbitrage A (HMEAX)

19.43 +0.02 (+0.10%)
As of 8:05 AM EST. Market Open.
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DELL
  • Previous Close 19.41
  • YTD Return 4.81%
  • Expense Ratio 2.49%
  • Category Event Driven
  • Last Cap Gain 0.00
  • Morningstar Rating
  • Morningstar Risk Rating Below Average
  • Sustainability Rating --
  • Net Assets 805.29M
  • Beta (5Y Monthly) 0.02
  • Yield 4.82%
  • 5y Average Return --
  • Holdings Turnover 556.00%
  • Last Dividend 0.70
  • Inception Date Aug 19, 2016

The fund normally invests at least 80% of the value of its total assets (net assets plus the amount of any borrowings for investment purposes) in securities of companies that are involved in publicly-announced mergers (including mergers through takeovers and tender offers, so long as tender offers are being used to effect a merger) ("Merger Transactions") or companies that the Adviser believes may be involved in Merger Transactions. It engages in risk arbitrage strategies, particularly merger arbitrage strategies, in order to achieve its investment objective. The fund is non-diversified.

Highland Funds

Fund Family

Event Driven

Fund Category

805.29M

Net Assets

2016-08-19

Inception Date

Performance Overview: HMEAX

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Trailing returns as of 11/21/2024. Category is Event Driven.

YTD Return

HMEAX
4.81%
Category
4.64%
?

1-Year Return

HMEAX
5.71%
Category
13.76%
?

3-Year Return

HMEAX
3.81%
Category
6.25%
?

5-Year Return

HMEAX
5.08%
Category
5.34%
?

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Holdings: HMEAX

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Top 3 Holdings (13.32% of Total Assets)

SymbolCompany% Assets
EDR
Endeavor Group Holdings, Inc. 5.20%
CVX
Chevron Corporation 4.23%
HES
Hess Corporation 3.89%

Sector Weightings

Recent News: HMEAX

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Research Reports: HMEAX

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