RECENT NEWS: October 19, 2022
On 10/19/2022, NexPoint Merger Arbitrage Fund wins 2022 HFM U.S. Performance Awards. The Fund won in the Event Driven Over $1 Billion category.
On 10/19/2022, NexPoint Merger Arbitrage Fund wins 2022 HFM U.S. Performance Awards. The Fund won in the Event Driven Over $1 Billion category.
Seeks to achieve positive absolute returns
Distribution Calendar
Quarter | Record | Ex-Date | Pay Date |
Q1 | 3/24/2023 | 3/23/2023 | 3/31/2023 |
Q2 | 6/23/2023 | 6/22/2023 | 6/30/2023 |
Q3 | 9/25/2023 | 9/22/2023 | 9/29/2022 |
Q4 | 12/22/2023 | 12/21/2023 | 12/29/2023 |
*See distribution policy below
Invest in publicly announced mergers to capture the spread between the current price of a target company and the announced offer price for that company
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.
Shareholder Services
NexPoint Merger Arbitrage Fund
(877) 665-1287
Sales Consultants
NexPoint Sales Desk (Main)
(833) 697-7253
On 8/12/2021, The Board of Trustees approved a new distribution schedule that distributions paid by the Fund are made quarterly instead of annually and at a constant and fixed rate that will reset annually to a rate equal to 5.0% of the Fund’s net asset value per share. The December distribution may exceed 1.25% as it may also include any outstanding capital gains and ordinary income above the 5.0% annual target distribution.
We anticipate the Fund’s distributions will be primarily comprised of short-term realized gains (which is taxed as ordinary income) and other ordinary income.