Profile for NexPoint Strategic Opportunities Fund (NHF)

$ 17.25   0.03 (+0.17%) Volume: 405.64k 6:30 PM EST 10-Dec-2019
Business Description:
The Trust seeks to provide both current income and capital appreciation by investing primarily in the following categories of securities and instruments: (i) secured and unsecured floating and fixed rate loans; (ii) bonds and other debt obligations; (iii) debt obligations of stressed, distressed and bankrupt issuers; (iv) structured products, including but not limited to, mortgage-backed and other asset-backed securities and collateralized debt obligations; and (v) equities. The trust may employ various trading strategies, including but not limited to, capital structure arbitrage, pair trades and shorting and through investing in derivatives of the aforementioned categories. Under normal market conditions, at least 80% of the Trusts assets will be invested in one or more of these principal investment strategies. These invest objectives may be changed without shareholder approval.
Address: Two Galleria Tower, 13455 Noel Road, Suite 800, Dallas, TX, United States, 75240
Telephone: N/A Website: N/A
Facsimile: N/A Email: N/A
Details
CEO: James D. Dondero
Employees: N/A Market Cap: 792.67m
Issue Type: CS
Auditor: PricewaterhouseCoopers LLP
Last Audit: Unqualified Opinion
Indices: Asset Management
Industry Classifications
Sector: Financial Services CIK: 1356115
Industry: Asset Management
Sub-Industry:    Asset Management
NAICS: Investment Advice (523930)
SIC: Investment Advice (6282)