NexPoint Credit Strategies Fun:NHF

    Overview

    As of 12/5/2016

     Share
    Price
    NAVPremium/
    Discount
    Current$22.24$25.47-12.68%
    52 Wk Avg$20.41$23.41-12.98%
    52 Wk High$22.61$25.47-8.16%
    52 Wk Low$16.90$20.56-20.66%
    Regular Distribution TypeIncome Only
    Distribution Rate10.79%
    Distribution Amount$0.2000
    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 12/5/2016

    Total Net Assets:$572.260M
    Total Common Assets:$407.421M
    Common Shares Outstanding:15,996,132
    Leverage

    As of 6/30/2016

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $165.000M
    Structural Leverage (USD): $165.000M
    Structural Leverage (%): 29.94%
    Effective Leverage (USD): $165.000M
    Effective Leverage (%): 29.94%
    Annual Expense Ratios

    As of 12/31/2015

      Per Common Share
    Management Fees1.54%
    Other Expenses:0.93%
    Baseline Expense: 2.47%
    Interest Expense:0.71%
    Total: 3.18%

    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): 93,000
    Average Daily Volume (USD): $1.893M
    Inception Date: 6/29/2006
    Inception Share Price: $80.00
    Inception NAV: $75.96
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 12/5/2016

    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

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2016
    $0.5074
    Annualized Distribution Rate on NAV:
    As of 12/5/2016
    9.42%
    Total Return on NAV (12 months):
    As of 12/5/2016
    14.76%
    Avg. UNII Per Share:
    As of 6/30/2016
    $1.5335
    Total % Portfolio Effectively Leveraged:
    As of 12/5/2016
    29.94%

    Pricing Information

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

    As of 12/5/2016

    PeriodAvg Discount
    6 Month-11.12%
    1 Year-12.98%
    3 Year-13.06%
    5 Year-12.03%
    Z-Score

    As of 12/6/2016

    PeriodZStat
    3 Month-0.50
    6 Month-0.90
    1 Year0.10
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 12/5/2016
    Category: US Hybrid (Growth & Income)

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD23.75%20.32%16.24%14.55%
    2015-15.51%-23.09%-11.81%-12.30%
    201426.83%25.50%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 12/5/2016
    Category: US Hybrid (Growth & Income)

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Duration:
    As of 7/31/2016
    0.64 yrs
    Number of Holdings:
    As of 6/30/2016
    116
    Annual Portfolio Turnover:
    As of 12/31/2015
    31.00%
    Asset Allocation

    As of 6/30/2016 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2016 reported by Fund Sponsor

    Sector%Portfolio
    General Equity 57.17%
    Debt - Pref Shrs 20.01%
    Debt - Senior Loans 12.81%
    Debt - Asset-Backed Sec 9.21%
    Debt - Corporate 4.72%
    Debt - Foreign Govt 1.46%
    Debt - Foreign Corp 0.12%
    Cash/Cash Equivalent 0.11%
    ETF 0.05%
    Derivatives (War Opt Fut)0.02%
    Top Holdings

    As of 6/30/2016 reported by Fund Sponsor

    HoldingValue% Portfolio
    Highland Real Estate Capital, Reit$86.40M15.70%
    Nexpoint Re Opportunities Reit$65.04M11.82%
    Salesforce.com, Inc.$52.33M9.51%
    TerreStar Corp$34.87M6.33%
    Txu Us Hldgs Co Extended Term Loans 4.74 10 Oct 2017$25.43M4.62%
    Metro-Goldwyn-Mayer, Inc.$24.29M4.41%
    Grayson Clo Pfd$20.66M3.75%
    Stratford Clo Pfd 144A$19.07M3.46%
    Specialty Finance Common Stock$17.53M3.19%
    Greenbriar Clo Pfd$17.06M3.10%
    Terrestar Corporation 2015 Term Loan A 1.00 27 Feb 2020$14.67M2.66%
    Country Allocation

    As of 6/30/2016 reported by Fund Sponsor

    Country% Portfolio
    USA 98.08%
    Argentina 1.38%
    Marshall Islands 0.43%
    Netherlands 0.11%

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    NOTES:

    Distribution type sourced from Morningstar. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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