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NexPoint Merger Arbitrage Z (HMEZX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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19.820.00 (0.00%)
As of 08:05AM EDT. Market open.

NexPoint Merger Arbitrage Z

Dallas TX 75240

300 CRESCENT COURT, SUITE 700

NEXPOINT FUNDS I

Management information
,Lead manager since 30 November 2018
Mr. Heiss is a Managing Director at HCMFA. Prior to his current position, he served as a Director of equity investments. Before joining Highland in July 2013, Mr. Heiss spent three years as a Senior Analyst and Partner at Varna Capital where he was a Generalist covering multiple sectors for the long/short equity hedge fund. Prior to Varna, Mr. Heiss spent three years as an Analyst at Maverick Capital where he covered the U.S. Financial Services sector for the $10 billion long/short equity hedge fund. Mr. Heiss began his career at Goldman Sachs in New York, first as a Senior Analyst in the Finance Division and later as an Investment Banking Analyst in the Financial Institutions Group. Mr. Heiss holds a B.B.A. in Finance from the University of Miami and has earned the right to use the Chartered Financial Analyst designation.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryEvent Driven
Fund familyHighland Funds
Net assets751.84M
YTD return2.05%
Yield5.06%
Morningstar rating★★★★
Inception date18 Aug 2016

Fund operations

Last dividend0.25
Last cap gain-1.00
Holdings turnover483.00%
Average for categoryN/A

Fees and expenses

ExpenseHMEZXCategory average
Annual report expense ratio (net)2.25%1.90%
Prospectus net expense ratio2.25%N/A
Prospectus gross expense ratio2.39%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A4.94%
Max deferred sales loadN/A1.00%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A