RECENT NEWS: September 8, 2022
On 9/8/2022, NexPoint Merger Arbitrage Fund Earns Spot on HFM U.S. Performance Awards Shortlist in Three Categories.
Seeks to achieve positive absolute returns
Top Merger Arb Fund – 2020 HFM U.S. Performance Awards
The NexPoint Merger Arbitrage Fund was recognized as the top fund in the Merger Arbitrage category at the HFM U.S. Performance Awards. Read the press release for more information on the awards.
Fund Update: August 12, 2021
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.
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 the NexPoint Strategic Opportunities Fund (NYSE:NHF). 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 o investment management experience with extensive experience in private equity, mergers and acquisitions and long/short hedge funds.
NexPoint Merger Arbitrage Fund
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