1As of 02/20/2020Class AClass CClass LClass Z
Net Asset Value (NAV)$20.74$20.91$0.00$20.93
Daily NAV Change ($)$0.05$0.05$0.00$0.05
Daily NAV Change (%)0.24%0.24%0.00%0.24%
1As of 01/31/2020Class AClass CClass LClass Z
One Year5.90%5.39%6.59%
Three Year6.00%5.60%6.63%
Since Inception6.86%6.38%7.27%

Performance results reflect the contractual waivers and/or reimbursements of fund expenses by the Advisor. Absent this limitation, performance results would have been lower. The Advisor has contractually agreed to waive its fees and to pay or absorb the ordinary annual operating expenses of the Fund (including organizational and offering expenses, but excluding distribution fees, interest, dividend expenses on short sales, brokerage commissions and other transaction costs, acquired fund fees and expenses, taxes, litigation expenses and extraordinary expenses), (the “Expense Limitation”). If the Fund incurs expenses excluded from the Expense Limitation Agreement, the Fund’s expense ratio would be higher and could exceed the Expense Limitation. The Expense Limitation Agreement may not be amended or terminated for one year from May 1, 2019, unless approved by the Board.

Distributions: Last 12 Months*

Payment Frequency: Monthly

Share ClassTypeEx-DatePayable DateRecord DateAmount
Class AIncome Dividend12/30/201912/31/201912/27/20190.116534
Class AIncome Dividend11/27/201911/29/201911/26/20190.117037
Class AIncome Dividend10/30/201910/31/201910/29/20190.116537
Class AIncome Dividend9/27/20199/30/20199/26/20190.116885
Class AIncome Dividend8/29/20198/30/20198/28/20190.117028
Class AIncome Dividend7/30/20197/31/20197/29/20190.11649
Class AIncome Dividend6/27/20196/28/20196/26/20190.116979
Class AIncome Dividend5/30/20195/31/20195/29/20190.116837
Class AIncome Dividend4/29/20194/30/20194/26/20190.116546
Class AIncome Dividend3/28/20193/29/20193/27/20190.117045
Class AIncome Dividend2/27/20192/28/20192/26/20190.117409
Class AIncome Dividend1/30/20191/31/20191/29/20190.11768
Class AIncome Dividend12/28/201812/31/201812/27/20180.115441
Class AIncome Dividend11/29/201811/30/201811/28/20180.106703
Class AIncome Dividend10/30/201810/31/201810/29/20180.106176
Class AIncome Dividend9/27/20189/28/20189/26/20180.106354
Class AIncome Dividend8/30/20188/31/20188/29/20180.106145
Class AIncome Dividend7/30/20187/31/20187/27/20180.106143
Class AIncome Dividend6/28/20186/29/20186/27/20180.106331
Class AIncome Dividend5/30/20185/31/20185/29/20180.105498
Class AIncome Dividend4/27/20184/30/20184/26/20180.106018
Class AIncome Dividend3/28/20183/29/20183/27/20180.10617
Class AIncome Dividend2/27/20182/28/20182/26/20180.106104
Class AIncome Dividend1/30/20181/31/20181/29/20180.105975
Class AIncome Dividend12/28/201712/29/201712/27/20170.224466
Class AIncome Dividend11/29/201711/30/201711/28/20170.109967
Class AIncome Dividend10/30/201710/31/201710/27/20170.105565
Class AIncome Dividend9/28/20179/29/20179/27/20170.105946
Class AIncome Dividend8/30/20178/31/20178/29/20170.105164
Class AIncome Dividend7/28/20177/31/20177/27/20170.105682
Class AIncome Dividend6/29/20176/30/20176/28/20170.106023
Class AIncome Dividend5/30/20175/31/20175/26/20170.105201
Class AIncome Dividend4/27/20174/28/20174/26/20170.105924
Class AIncome Dividend3/30/20173/31/20173/29/20170.105677
Class AIncome Dividend2/27/20172/28/20172/24/20170.105614
Class AIncome Dividend1/30/20171/31/20171/27/20170.105753
Class AIncome Dividend12/29/201612/30/201612/28/20160.1057
Class AIncome Dividend11/29/201611/30/201611/28/20160.096
Share ClassTypeEx-DatePayable DateRecord DateAmount
Class CIncome Dividend12/30/201912/31/201912/27/20190.103193
Class CIncome Dividend11/27/201911/29/201911/26/20190.105087
Class CIncome Dividend10/30/201910/31/201910/29/20190.103016
Class CIncome Dividend9/27/20199/30/20199/26/20190.104037
Class CIncome Dividend8/29/20198/30/20198/28/20190.104065
Class CIncome Dividend7/30/20197/31/20197/29/20190.102591
Class CIncome Dividend6/27/20196/28/20196/26/20190.104984
Class CIncome Dividend5/30/20195/31/20195/29/20190.103596
Class CIncome Dividend4/29/20194/30/20194/26/20190.103278
Class CIncome Dividend3/28/20193/29/20193/27/20190.105235
Class CIncome Dividend2/27/20192/28/20192/26/20190.105146
Class CIncome Dividend1/30/20191/31/20191/29/20190.104685
Class CIncome Dividend12/28/201812/31/201812/27/20180.099553
Class CIncome Dividend11/29/201811/30/201811/28/20180.094801
Class CIncome Dividend10/30/201810/31/201810/29/20180.094013
Class CIncome Dividend9/27/20189/28/20189/26/20180.095579
Class CIncome Dividend8/30/20188/31/20188/29/20180.09437
Class CIncome Dividend7/30/20187/31/20187/27/20180.095398
Class CIncome Dividend6/28/20186/29/20186/27/20180.107859
Class CIncome Dividend5/30/20185/31/20185/29/20180.092018
Class CIncome Dividend4/27/20184/30/20184/26/20180.093724
Class CIncome Dividend3/28/20183/29/20183/27/20180.094911
Class CIncome Dividend2/27/20182/28/20182/26/20180.094081
Class CIncome Dividend1/30/20181/31/20181/29/20180.093771
Class CIncome Dividend12/28/201712/29/201712/27/20170.212054
Class CIncome Dividend11/29/201711/30/201711/28/20170.093456
Class CIncome Dividend10/30/201710/31/201710/27/20170.092562
Class CIncome Dividend9/28/20179/29/20179/27/20170.094349
Class CIncome Dividend8/30/20178/31/20178/29/20170.091513
Class CIncome Dividend7/28/20177/31/20177/27/20170.09307
Class CIncome Dividend6/29/20176/30/20176/28/20170.092708
Class CIncome Dividend5/30/20175/31/20175/26/20170.091755
Class CIncome Dividend4/27/20174/28/20174/26/20170.092944
Class CIncome Dividend3/30/20173/31/20173/29/20170.092373
Class CIncome Dividend2/27/20172/28/20172/24/20170.093772
Class CIncome Dividend1/30/20171/31/20171/27/20170.093399
Class CIncome Dividend12/29/201612/30/201612/28/20160.091225
Class CIncome Dividend11/29/201611/30/201611/28/20160.100003
Share ClassTypeEx-DatePayable DateRecord DateAmount
Class ZIncome Dividend12/30/201912/31/201912/27/20190.121118
Class ZIncome Dividend11/27/201911/29/201911/26/20190.121004
Class ZIncome Dividend10/30/201910/31/201910/29/20190.121145
Class ZIncome Dividend9/27/20199/30/20199/26/20190.120929
Class ZIncome Dividend8/29/20198/30/20198/28/20190.120947
Class ZIncome Dividend7/30/20197/31/20197/29/20190.12098
Class ZIncome Dividend6/27/20196/28/20196/26/20190.120863
Class ZIncome Dividend5/30/20195/31/20195/29/20190.120935
Class ZIncome Dividend4/29/20194/30/20194/26/20190.120986
Class ZIncome Dividend3/28/20193/29/20193/27/20190.120851
Class ZIncome Dividend2/27/20192/28/20192/26/20190.120768
Class ZIncome Dividend1/30/20191/31/20191/29/20190.120739
Class ZIncome Dividend12/28/201812/31/201812/27/20180.120893
Class ZIncome Dividend11/29/201811/30/201811/28/20180.110626
Class ZIncome Dividend10/30/201810/31/201810/29/20180.110565
Class ZIncome Dividend9/27/20189/28/20189/26/20180.110378
Class ZIncome Dividend8/30/20188/31/20188/29/20180.110343
Class ZIncome Dividend7/30/20187/31/20187/27/20180.110132
Class ZIncome Dividend6/28/20186/29/20186/27/20180.110056
Class ZIncome Dividend5/30/20185/31/20185/29/20180.110055
Class ZIncome Dividend4/27/20184/30/20184/26/20180.110058
Class ZIncome Dividend3/28/20183/29/20183/27/20180.110057
Class ZIncome Dividend2/27/20182/28/20182/26/20180.110058
Class ZIncome Dividend1/30/20181/31/20181/29/20180.110066
Class ZIncome Dividend12/28/201712/29/201712/27/20170.22854
Class ZIncome Dividend11/29/201711/30/201711/28/20170.110003
Class ZIncome Dividend10/30/201710/31/201710/27/20170.110004
Class ZIncome Dividend9/28/20179/29/20179/27/20170.110003
Class ZIncome Dividend8/30/20178/31/20178/29/20170.110004
Class ZIncome Dividend7/28/20177/31/20177/27/20170.110003
Class ZIncome Dividend6/29/20176/30/20176/28/20170.110003
Class ZIncome Dividend5/30/20175/31/20175/26/20170.110004
Class ZIncome Dividend4/27/20174/28/20174/26/20170.110003
Class ZIncome Dividend3/30/20173/31/20173/29/20170.110004
Class ZIncome Dividend2/27/20172/28/20172/24/20170.110003
Class ZIncome Dividend1/30/20171/31/20171/27/20170.110003
Class ZIncome Dividend12/29/201612/30/201612/28/20160.110004
Class ZIncome Dividend11/29/201611/30/201611/28/20160.100003

Ex-Date: Date on which a stock begins trading without the benefit of the dividend. Typically, a stock’s price moves up by the dollar amount of the dividend as the ex-dividend date approaches, then falls by the amount of the dividend after that date.

Payable Date: Date on which a declared stock dividend or a bond interest payment is scheduled to be paid.

Record Date: Date on which a shareholder must officially own shares in order to be entitled to a dividend. After the date of record, the stock is said to be ex-dividend.

Income Dividend: Payout to shareholders of interest, dividends, or other income received by the Fund, net of operating expenses. By law, all such income must be distributed to shareholders, who may choose to take the money in cash or reinvest it in more shares of the Fund.

Short-Term Capital Gain: The profit realized from the sale of securities held for less than one year.

Long-Term Capital Gain: Gain on the sale of a security where the holding period was 12 months or more and the profit was subject to the long-term capital gains tax.

1The NAV is based on the initial anticipated offering price as the Fund had not, as of today, issued Class L Shares.

*Distributions are not guaranteed and may be suspended, modified or terminated at the discretion of the board of directors. The distribution is calculated by taking the sum of a fund’s total trailing 12-month interest and dividend payments divided by the last month’s ending share price (NAV) plus any capital gains distributed over the same period. Source: Morningstar Direct. The distributions were paid from income, and not a return of capital.

The performance data quoted here represents past performance and is no guarantee of future results.Investment returns and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For performance data current to the most recent month-end, please visit our website at www.nexpointres.com. 

Before investing in the Fund, you should carefully consider the Fund’s investment objectives, risks, charges and expenses. For a copy of a prospectus which contains this and other information, please visit our website at www.nexpointres.com or call 1-877-665-1287. Please read the fund prospectus carefully before investing. Check with your investment professional to determine which funds are available for sale within their firm. Not all funds are available for sale at all firms.

An investment in the Fund involves a considerable amount of risk. It is possible that you may lose money, including the risk that you may receive little or no return on your investment or that you may lose part or all of your investment. Consequently, you can lose money by investing in the Fund. No assurance can be given that the Fund will achieve its investment objective, and investment results may vary substantially over time and from period to period. An investment in the Fund is suitable only for investors who can bear the risks associated with the limited liquidity of the shares and should be viewed as a long-term investment. Before making your investment decision, you should (i) consider the suitability of this investment with respect to your investment objectives and personal financial situation and (ii) consider factors such as your personal net worth, income, age, risk tolerance and liquidity needs. An investment in the Fund is not appropriate for all investors.

See all SEC filings