NexPoint Merger Arbitrage Fund Class Z
HMEZX
NASDAQ
| Weiss Ratings | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Good | |||
| Risk Grade | B- | |||
| Company Info | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | NEXPOINT FUNDS I | |||
| Manager/Tenure (Years) | James D. Dondero (8), Bradford Heiss (6), Scott Johnson (3) | |||
| Website | http://www.highlandfunds.com | |||
| Fund Information | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | NexPoint Merger Arbitrage Fund Class Z | |||
| 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 | -- | |||
| Back End Fee | -- | |||
| Dividends and Shares | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 5.05% | |||
| Dividend | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | 1.17% | |||
| Asset Allocation | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 0.00% | |||
| Stock | 73.32% | |||
| U.S. Stock | 57.80% | |||
| Non-U.S. Stock | 15.52% | |||
| Bond | 26.66% | |||
| U.S. Bond | 21.85% | |||
| Non-U.S. Bond | 4.81% | |||
| Preferred | 0.00% | |||
| Convertible | 0.02% | |||
| Other Net | 0.00% | |||
| Price History | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | 0.10% | |||
| 30-Day Total Return | 0.45% | |||
| 60-Day Total Return | 0.85% | |||
| 90-Day Total Return | 1.57% | |||
| Year to Date Total Return | 3.96% | |||
| 1-Year Total Return | 5.56% | |||
| 2-Year Total Return | 12.76% | |||
| 3-Year Total Return | 16.14% | |||
| 5-Year Total Return | 28.38% | |||
| Price | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 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 | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $20.02 | |||
| 1-Month Low NAV | $19.91 | |||
| 1-Month High NAV | $20.02 | |||
| 52-Week Low NAV | $19.58 | |||
| 52-Week Low NAV (Date) | Apr 07, 2025 | |||
| 52-Week High NAV | $20.04 | |||
| 52-Week High Price (Date) | Sep 20, 2024 | |||
| Beta / Standard Deviation | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 0.01 | |||
| Standard Deviation | 1.79 | |||
| Balance Sheet | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 1.11B | |||
| Operating Ratios | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 2.14% | |||
| Turnover Ratio | 556.00% | |||
| Performance | HMEZX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 3.39% | |||
| Last Bear Market Total Return | 0.26% | |||