Closed-End Funds

Overview

NexPoint manages a listed closed-end fund, the NexPoint Diversified Real Estate Trust(formerly NexPoint Strategic Opportunities Fund), which aims to provide both income and capital appreciation. The fund was the first offering launched on the NexPoint platform, giving investors access to actively managed alternative strategies in a registered fund format.

NexPoint Diversified Real Estate Trust (NXDT)

(NYSE:NXDT)

NexPoint Diversified Real Estate Trust (NYSE:NXDT) is a closed-end fund managed by NexPoint Advisors, L.P. that seeks to provide both current income and capital appreciation. The fund invests primarily in below-investment-grade debt, equity securities, and real estate, and has the ability to hedge risk. The fund’s manager attempts to deliver consistent returns in excess of the Dow Jones Credit Suisse Hedge Fund and the HFRX Global Hedge Fund indices in a transparent, registered fund format consistent with monthly dividends.

James Dondero, president of NexPoint Advisors, L.P. and founder of the NexPoint platform, serves as the fund’s portfolio manager.

The fund was the first offering on the NexPoint platform, providing investors with access to alternative strategies in a transparent, registered fund format with monthly dividends.