DALLAS, April 2, 2020 /PRNewswire/ -- NexPoint Strategic
Opportunities Fund (NYSE: NHF) ("NHF" or the "Fund") today
announced its regular monthly dividend on its common stock
of $0.10 per share.
The dividend will be payable on April 30,
2020 to shareholders of record at the close of business
April 23, 2020.
The Fund is a closed-end fund managed by NexPoint
Advisors, L.P. The Fund invests primarily in below investment grade
debt, equity securities, and real estate, and has the ability to
hedge risk.
About the NexPoint Strategic Opportunities Fund
(NHF)
The NexPoint Strategic Opportunities Fund (NYSE:NHF)
("NHF") is a closed-end fund managed by NexPoint Advisors, L.P. The
fund invests primarily in below investment grade debt,
equity securities, and real estate, and has the ability to hedge
risk.
For more information visit
www.nexpointadvisors.com/fund.
About NexPoint Advisors, L.P.
NexPoint Advisors, L.P. ("NexPoint Advisors") is an
SEC-registered adviser on the NexPoint alternative investment
platform ("NexPoint"). NexPoint Advisors serves as the adviser to a
suite of funds and investment vehicles, including a closed-end
fund, interval fund, business development company ("BDC"), and
various real estate vehicles.
For more information visit
www.nexpointadvisors.com.
Total operating expenses as of the most recent fund
annual report are 2.14%. For most recent
month-end performance, please visit
www.nexpointadvisors.com/fund or call
1-866-351-4440.
Investors should consider the investment objectives,
risks, charges and expenses of the NexPoint Strategic Opportunities
Fund carefully before investing. This and other information can be
found in the Fund's prospectus, which may be obtained by calling
1-866-351-4440 or visiting www.nexpointadvisors.com/fund/.
Please read the prospectus carefully before you
invest.
Shares of closed-end investment companies frequently
trade at a discount to net asset value. The price of the Fund's
shares is determined by a number of factors, several of which are
beyond the control of the Fund. Therefore, the Fund cannot predict
whether its shares will trade at, below or above net asset value.
Past performance does not guarantee future results.
No assurance can be given that the Fund will achieve
its investment objectives.
Closed-End Fund Risk.
The Fund is a closed-end investment company designed
primarily for long-term investors and not as a trading vehicle. No
assurance can be given that a shareholder will be able to sell his
or her shares on the NYSE when he or she chooses to do so, and no
assurance can be given as to the price at which any such sale may
be effected.
Credit Risk.
Investments rated below investment grade are
commonly referred to as high-yield, high risk or "junk debt." They
are regarded as predominantly speculative with respect to the
issuing company's continuing ability to meet principal and/or
interest payments. Non-payment of scheduled interest and/or
principal would result in a reduction of income to the Fund, a
reduction in the value of the asset experiencing non-payment and a
potential decrease in NAV of the Fund.
Interest Rate Risk.
Interest rate risk is the risk that debt securities,
and the Fund's net assets, may decline in value because of changes
in interest rates. Generally, fixed rate debt securities will
decrease in value when interest rates rise and increase in value
when interest rates decline.
Leverage Risk. The
Fund uses leverage through borrowings from notes and a credit
facility, and may also use leverage through the issuances of
preferred shares. The use of leverage magnifies both the favorable
and unfavorable effects of price movements in the investments made
by the Fund. Insofar as the Fund employs leverage in its investment
operations, the Fund will be subject to substantial risks of
loss.
Industry Concentration Risk.
The Fund must invest at least 25% of the value of
its total assets at the time of purchase in securities of issuers
conducting their principal business activities in the real estate
industry. The Fund may be subject to greater market fluctuations
than a fund that does not concentrate its investments in a
particular industry. Financial, economic, business, and other
developments affecting issuers in the real estate industry will
have a greater effect on the Fund, and if securities of the real
estate industry fall out of favor, the Fund could underperform, or
its NAV may be more volatile than, funds that have greater industry
diversification.
Illiquidity of Investments Risk.
The investments made by the Fund may be illiquid,
and consequently the Fund may not be able to sell such investments
at prices that reflect the Investment Adviser's assessment of their
value or the amount originally paid for such investments by the
Fund.
Media Contact
Lucy Bannon
mediarelations@nexpointadvisors.com
1-972-419-6272
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SOURCE NexPoint Advisors, L.P.