Advertisement
Skip to Content
Morningstar

NexPoint Event Driven C HHCCX

Morningstar Analyst Rating
Quantitative rating as of | See Highland Investment Hub
  • NAV / 1-Day Return 13.05  /  0.08 %
  • Total Assets 30.8 Mil
  • Adj. Expense Ratio
    2.690%
  • Expense Ratio 2.760%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Long-Short Equity
  • Investment Style Small Growth
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 0.00
  • Turnover 676%

USD | NAV as of Feb 03, 2023 | 1-Day Return as of Feb 03, 2023, 11:12 PM GMT+00:00

Morningstar’s Analysis HHCCX

Will HHCCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HHCCX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the HHCCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of HHCCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

|

A middling People rating and a subpar Parent Pillar limit NexPoint Event Driven C to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

Unlock our full analysis with Morningstar Investor