NexPoint Credit Strategies Fun:NHF

    Overview

    As of 3/30/2015

     Share
    Price
    NAVPremium/
    Discount
    Current$12.26$13.75-10.84%
    52 Wk Avg$11.38$13.04-12.80%
    52 Wk High$12.39$13.86-8.47%
    52 Wk Low$9.93$11.85-16.51%
    Regular Distribution TypeIncome Only
    Distribution Rate5.87%
    Distribution Amount$0.0600
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks current income with capital appreciation through investment in floating and fixed rate loans, bonds, debt obligations, mortgage backed and asset backed securities, collateralized debt obligations and equities

    Capital Structure

    As of 3/30/2015

    Total Net Assets:$1,279.247M
    Total Common Assets:$878.237M
    Common Shares Outstanding:63,881,473
    Leverage

    As of 6/30/2014

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $400.000M
    Structural Leverage (USD): $400.000M
    Structural Leverage (%): 31.46%
    Effective Leverage (USD): $401.000M
    Effective Leverage (%): 31.52%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 12/31/2014

      Per Common Share
    Management Fees1.47%
    Other Expenses:0.43%
    Baseline Expense: 1.90%
    Interest Expense:0.50%
    Total: 2.40%

    Fund Management

    Fund Sponsor
    NexPoint Advisors, L.P.

    Portfolio Managers
    James Dondero (25 Sep 2012)

    Basics
    Category:US Equity-Growth & Income
    Ticker:NHF
    NAV Ticker:XNHFX
    Average Daily Volume (shares):230,000
    Average Daily Volume (USD):$2.612M
    Inception Date:6/29/2006
    Inception Share Price:$20.00
    Inception NAV:$18.99
    Tender Offer:No
    Term:No
    Fiscal Year End:December 31
    Third Party Links & Reports

    Distributions

    As of 3/30/2015

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2014
    $0.0620
    Annualized Distribution Rate on NAV:
    As of 3/30/2015
    5.24%
    Total Return on NAV (12 months):
    As of 3/30/2015
    15.36%
    Avg. UNII Per Share:
    As of 12/31/2014
    $0.2793
    Total % Portfolio Effectively Leveraged:
    As of 3/30/2015
    31.52%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 3/30/2015

    PeriodAvg Discount
    6 Month-14.15%
    1 Year-12.80%
    3 Year-11.58%
    5 Year-8.78%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 3/30/2015
    Category: US Hybrid (Growth & Income)

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD10.87%3.61%1.73%0.01%
    201426.83%25.22%15.40%13.54%
    201352.08%61.68%13.90%19.62%
    201214.86%13.59%7.13%11.30%
    2011-12.17%-3.21%9.73%6.69%
    201030.94%16.38%13.40%14.58%
    200927.78%20.88%56.36%36.61%
    2008-57.81%-54.26%-45.89%-42.83%
    2007-13.07%-0.83%-9.82%-1.17%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 3/30/2015
    Category: US Hybrid (Growth & Income)

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Duration:
    As of 8/31/2014
    1.28 yrs
    Number of Holdings:
    As of 12/31/2014
    150
    Annual Portfolio Turnover:
    As of 12/31/2014
    98.00%
    Asset Allocation

    As of 9/30/2014 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2014 reported by Fund Sponsor

    Sector%Portfolio
    General Equity 65.64%
    Debt - Asset-Backed Sec 13.01%
    Debt - Senior Loans 9.81%
    Debt - Pref Shrs 9.40%
    Debt - Foreign Govt 6.29%
    Debt - Corporate 4.49%
    Debt - Foreign Corp 0.48%
    Derivatives (War Opt Fut)0.29%
    Net Current Assets -9.41%
    Top Holdings

    As of 12/31/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Freedom Reit Reit$278.97M22.14%
    American Airlines Group Inc$105.81M8.40%
    Media General Inc. A$82.63M6.56%
    Anadarko Petroleum Corp$41.25M3.27%
    Grayson Clo Pfd$35.68M2.83%
    Microsoft Corporation$31.64M2.51%
    NRG Energy Inc$31.62M2.51%
    Comcorp Broadcasting Inc. Term Loan B 1.00 01 Apr 2015$29.15M2.31%
    Metro-Goldwyn-Mayer, Inc.$23.01M1.83%
    Eastland Clo Pfd 144A$23.01M1.83%
    Txu Us Hldgs Co Extended Term Loans 0.01 10 Oct 2017$22.96M1.82%
    Country Allocation

    As of 9/30/2014 reported by Fund Sponsor

    Country% Portfolio
    USA 93.80%
    Argentina 5.75%
    Global 0.44%
    UK 0.01%

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    Data provided by MorningstarData Provided by Morningstar