Press Releases


31

Mar 2015

NexPoint Credit Strategies Fund Announces the Regular Monthly Dividend

DALLAS–(BUSINESS WIRE)–NexPoint Credit Strategies Fund (NYSE: NHF) (“NHF” or the “Fund”) today announced its regular monthly dividend on its common stock of $.06 per share. The dividend will be payable on the last business day of April to shareholders of record at the close of business April 23, 2015. The Fund is a closed-end fund managed by NexPoint Advisors, L.P. (the “Manager”), an affiliated adviser of Highland...

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18

Mar 2015

NexPoint Credit Strategies Fund Announces the Form 10 Registration Statement Relating to the REIT Spin-Off of its Subsidiary, NexPoint Residential Trust, has been Declared Effective

NexPoint Residential Trust Management will make Presentations to Investment Community DALLAS–(BUSINESS WIRE)–NexPoint Credit Strategies Fund (NYSE: NHF) (“NHF”) announced today that the Securities and Exchange Commission (the “SEC”) has completed its review and declared effective the Form 10 registration statement filed by NexPoint Residential Trust, Inc. (NYSE: NXRT) (“NXRT”). The Form 10 contains an information statement that prior to the distribution date will be sent...

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11

Mar 2015

NexPoint Credit Strategies Fund Announces Record and Distribution Dates for REIT Spin-Off

DALLAS–(BUSINESS WIRE)–NexPoint Credit Strategies Fund (NYSE: NHF) announced today that its Board of Trustees has approved the separation of its business into two separate and independent publicly traded companies: NexPoint Credit Strategies Fund (“NHF”), which will continue to operate as a non-diversified, closed-end investment company; and NexPoint Residential Trust, Inc. (“NXRT”), which will acquire, own, operate and selectively develop multifamily properties. The Board of Trustees...

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06

Mar 2015

NexPoint Credit Strategies Fund Announces Shareholder Approval of Advisory Agreement in Connection With REIT Spin-Off

DALLAS–(BUSINESS WIRE)–NexPoint Credit Strategies Fund (NYSE: NHF) (“NHF”) announced today that its shareholders have approved a new investment advisory agreement to be entered into by NHF’s subsidiary NexPoint Residential Trust, Inc. (“NXRT”) in connection with NHF’s proposed spin-off of NXRT. Pursuant to the advisory agreement, NXRT will be externally managed by NexPoint Real Estate Advisors, L.P., an affiliate of Highland Capital Management, L.P. NHF expects...

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09

Feb 2015

NexPoint Credit Strategies Fund Announces New Record Date for Special Meeting of Shareholders

DALLAS–(BUSINESS WIRE)–NexPoint Credit Strategies Fund (NYSE: NHF) (“NHF”) today announced that it has set February 17, 2015 as the new record date for its special meeting of shareholders, which is scheduled for March 6, 2015, to approve a new investment advisory agreement to be entered into by NHF’s subsidiary NexPoint Residential Trust, Inc. (“NXRT”) in connection with NHF’s proposed spin-off of NXRT. NHF expects the...

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26

Jan 2015

NexPoint Credit Strategies Fund Sets Date for Special Meeting of Shareholders

DALLAS–(BUSINESS WIRE)–NexPoint Credit Strategies Fund (NYSE: NHF) (“NHF”) today announced that it will hold a special meeting of shareholders at 8:00 a.m. Central Time on Friday, February 27, 2015, at its offices at 300 Crescent Court, Suite 700, Dallas, Texas 75201. Proxy materials relating to the special meeting will be mailed to shareholders of record as of February 2, 2015. Shareholders will be asked to...

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02

Jan 2015

NexPoint Credit Strategies Fund Announces the Regular Monthly Dividend

DALLAS—(BUSINESS WIRE)—January 2, 2015—NexPoint Credit Strategies Fund (NYSE: NHF) (“NHF” or the “Fund”) today announced its regular monthly dividend on its common stock of $.06 per share. The dividend will be payable on the last business day of January to shareholders of record at the close of business January 23, 2015. As of December 31, 2014, the Fund had estimated undistributed net investment income (“UNI”)...

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29

Sep 2014

NexPoint Credit Strategies Fund Announces Multifamily REIT Spin-Off

DALLAS–(BUSINESS WIRE)–NexPoint Credit Strategies Fund (NYSE: NHF) announced today a plan to separate its business into two separate and independent publicly traded companies: NexPoint Credit Strategies Fund (“NHF”), which will continue to operate as a non-diversified, closed-end investment company; and NexPoint Residential Trust, Inc. (“NXRT”), which will acquire, own, operate and selectively develop multifamily real property. NHF plans to effect the separation through a spin-off in...

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