NexPoint Merger Arbitrage Fund Class A (HMEAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
19.38
-0.01 (-0.05%)
Apr 25, 2025, 4:00 PM EDT
0.16% (1Y)
| Fund Assets | 1.03B |
| Expense Ratio | 2.49% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.94 |
| Dividend Yield | 4.56% |
| Dividend Growth | 0.76% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 18, 2025 |
| Previous Close | 19.39 |
| YTD Return | 1.42% |
| 1-Year Return | 5.09% |
| 5-Year Return | 28.12% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.06 |
| Holdings | 114 |
| Inception Date | Aug 19, 2016 |
About HMEAX
The NexPoint Merger Arbitrage Fund Class A (HMEAX) seeks to achieve its investment objective by investing at least 80% of its total assets in securities of companies that are involved in publicly-announced mergers. HMEAX generally invests in stocks of target companies based on the Advisers expected risk adjusted return for the arbitrage transaction.
Category Event Driven
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol HMEAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
Performance
HMEAX had a total return of 5.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.35%.
Top 10 Holdings
57.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Treasury Obligations Cash Management | DTRXX | 18.49% |
| Smartsheet Inc. | SMAR | 5.87% |
| Barnes Group, Inc. | B | 5.61% |
| Retail Opportunity Investments Corp. | ROIC | 5.07% |
| Endeavor Group Holdings, Inc. | EDR | 4.45% |
| Hargreaves Lansdown plc | HL | 4.39% |
| DS Smith Plc | SMDS | 3.67% |
| Enstar Group Limited | ESGR | 3.42% |
| Britvic plc | BVIC | 3.37% |
| ATLANTICA SUSTAINABLE INFRASTRUCTURE PLC 144A 4.125000% 06/15/2028 | AY 4.125 06.15.28 144A | 3.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 18, 2025 | $0.23442 | Mar 19, 2025 |
| Dec 19, 2024 | $0.23425 | Dec 20, 2024 |
| Sep 24, 2024 | $0.23433 | Sep 25, 2024 |
| Jun 20, 2024 | $0.23278 | Jun 21, 2024 |
| Mar 21, 2024 | $0.23456 | Mar 22, 2024 |
| Dec 21, 2023 | $0.23426 | Dec 22, 2023 |