NexPoint Event Driven Fund
The investment objective of NexPoint Event Driven Fund (the “Event Driven Fund” or the “Fund”) is to seek long-term capital appreciation.
Investment Strategy
The Event Driven Fund seeks to achieve its investment objective by investing in event catalysts including, mergers, acquisitions, tender offers, restructuring, spin-offs, refinancings, recapitalizations or economic events that can impact specific industries.
Investment Rationale
- Alternative investment that seeks to reduce overall portfolio volatility and correlation
- Potential alternative or complement to equity or high yield replacement
Class A
Ticker
HHCAX
NAV
$14.90
Inception
05/05/08
Class C
Ticker
HHCCX
NAV
$13.55
Inception
05/05/08
Class Z
Ticker
HHCZX
NAV
$15.70
Inception
05/05/08
Portfolio Manager
James Dondero | Founder, NexPoint
James Dondero is the founder of NexPoint. In addition to overseeing the group’s business and investment activities, Mr. Dondero serves as the portfolio manager of NexPoint Merger Arbitrage Fund, Event Driven Fund, and Climate Tech Fund. He is also an officer and director at NexPoint’s publicly traded REITs.
Scott Johnson | Portfolio Manager, NexPoint
Mr. Johnson is a Managing Director and Portfolio Manager at NexPoint Advisors, L.P. He has over 25 years of investment management experience with extensive experience in private equity, mergers and acquisitions and long/short hedge funds.
*Prior to January 20, 2022, the Fund was managed pursuant to a different investment strategy. As a result of the difference in in- vestment strategy, the performance information presented for periods prior to January 20, 2022 reflects management of the Fund consistent with investment strategies in effect during those periods and might have differed materially if the Fund’s investments had been managed under its current investment strategies.
