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Morningstar

NexPoint Event Driven Z HHCZX

Morningstar Medalist Rating
Medalist Rating as of | See Highland Investment Hub
  • NAV / 1-Day Return 15.70  /  0.32 %
  • Total Assets 30.3 Mil
  • Adj. Expense Ratio
    1.530%
  • Expense Ratio 1.760%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Long-Short Equity
  • Investment Style Small Value
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield —
  • Turnover 676%

USD | NAV as of Sep 27, 2023 | 1-Day Return as of Sep 27, 2023, 10:17 PM GMT+0

Morningstar’s Analysis HHCZX

Will HHCZX 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 HHCZX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the HHCZX 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 HHCZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in NexPoint Event Driven Z's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings HHCZX

More HHCZX Holdings
  • Current Portfolio Date
  • Equity Holdings 63
  • Bond Holdings 9
  • Other Holdings 8
  • % Assets in Top 10 Holdings 40.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

U.S. Xpress Enterprises Inc Class A

7.49
2,267,256
Industrials

GasLog Partners LP

6.17
1,867,290
Energy

Syneos Health Inc 3.625%

5.09
1,541,594
Corporate

Circor International

4.70
1,424,251
Corporate

Radius Global Infrastructure Inc. 2.5%

4.58
1,386,000
Corporate

Greenhill & Co. Inc.

4.46
1,350,634
Corporate

Horizon Therapeutics PLC

4.20
1,271,020
Healthcare

Kpex Holdings Inc.

4.11
1,245,706
Corporate

Life Storage Inc

4.02
1,216,052
Real Estate

Univar Solutions Inc

3.66
1,107,384
Basic Materials