NexPoint Merger Arbitrage Fund Class A
HMEAX
NASDAQ
Weiss Ratings | HMEAX-NASDAQ | Click to Compare |
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Rating | ||||
Reward Index | Fair | |||
Reward Grade | C | |||
Risk Index | Good | |||
Risk Grade | B- | |||
Company Info | HMEAX-NASDAQ | Click to Compare |
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Provider | NEXPOINT FUNDS I | |||
Manager/Tenure (Years) | James D. Dondero (9), Bradford Heiss (6), Scott Johnson (3) | |||
Website | http://www.highlandfunds.com | |||
Fund Information | HMEAX-NASDAQ | Click to Compare |
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Fund Name | NexPoint Merger Arbitrage Fund Class A | |||
Category | Event Driven | |||
Sub-Category | Market Neutral | |||
Prospectus Objective | Growth and Income | |||
Inception Date | Aug 19, 2016 | |||
Open/Closed To New Investors | Open | |||
Minimum Initial Investment | 2,500.00 | |||
Minimum Subsequent Investment | 50.00 | |||
Front End Fee | 0.06 | |||
Back End Fee | -- | |||
Dividends and Shares | HMEAX-NASDAQ | Click to Compare |
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Dividend Yield | 4.79% | |||
Dividend | HMEAX-NASDAQ | Click to Compare |
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Dividend Yield (Forward) | 1.42% | |||
Asset Allocation | HMEAX-NASDAQ | Click to Compare |
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Cash | 0.00% | |||
Stock | 81.44% | |||
U.S. Stock | 63.00% | |||
Non-U.S. Stock | 18.44% | |||
Bond | 18.54% | |||
U.S. Bond | 20.14% | |||
Non-U.S. Bond | -1.60% | |||
Preferred | 0.00% | |||
Convertible | 0.02% | |||
Other Net | 0.00% | |||
Price History | HMEAX-NASDAQ | Click to Compare |
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7-Day Total Return | 0.30% | |||
30-Day Total Return | 0.68% | |||
60-Day Total Return | 1.15% | |||
90-Day Total Return | 1.41% | |||
Year to Date Total Return | 4.47% | |||
1-Year Total Return | 5.31% | |||
2-Year Total Return | 11.72% | |||
3-Year Total Return | 16.31% | |||
5-Year Total Return | 26.83% | |||
Price | HMEAX-NASDAQ | Click to Compare |
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Closing Price | -- | |||
1-Month Low Price | -- | |||
1-Month High Price | -- | |||
52-Week Low Price | -- | |||
52-Week Low Price (Date) | -- | |||
52-Week High Price | -- | |||
52-Week High Price (Date) | -- | |||
NAV | HMEAX-NASDAQ | Click to Compare |
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Nav | $19.49 | |||
1-Month Low NAV | $19.38 | |||
1-Month High NAV | $19.62 | |||
52-Week Low NAV | $19.17 | |||
52-Week Low NAV (Date) | Apr 07, 2025 | |||
52-Week High NAV | $19.62 | |||
52-Week High Price (Date) | Sep 05, 2025 | |||
Beta / Standard Deviation | HMEAX-NASDAQ | Click to Compare |
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Beta | 0.02 | |||
Standard Deviation | 1.81 | |||
Balance Sheet | HMEAX-NASDAQ | Click to Compare |
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Total Assets | 1.12B | |||
Operating Ratios | HMEAX-NASDAQ | Click to Compare |
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Expense Ratio | 2.49% | |||
Turnover Ratio | 406.00% | |||
Performance | HMEAX-NASDAQ | Click to Compare |
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Last Bull Market Total Return | 3.17% | |||
Last Bear Market Total Return | 0.18% | |||