NexPoint Merger Arbitrage Fund Class A (HMEAX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
19.50
0.00 (0.00%)
Jul 31, 2025, 4:00 PM EDT
| Fund Assets | 1.03B |
| Expense Ratio | 2.49% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.94 |
| Dividend Yield | 4.54% |
| Dividend Growth | 0.39% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 18, 2025 |
| Previous Close | 19.50 |
| YTD Return | 2.05% |
| 1-Year Return | 4.10% |
| 5-Year Return | 24.43% |
| 52-Week Low | 19.17 |
| 52-Week High | 19.63 |
| Beta (5Y) | 0.04 |
| 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
Stock Exchange NASDAQ
Ticker Symbol HMEAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
Performance
HMEAX had a total return of 4.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.26%.
Top 10 Holdings
55.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Patterson Companies, Inc. | PDCO | 7.72% |
| Intra-Cellular Therapies Inc. | ITCI | 7.62% |
| Nordstrom, Inc. | JWN | 7.15% |
| Paycor HCM, Inc. | PYCR | 5.89% |
| Dreyfus Treasury Obligations Cash Management | DTRXX | 5.71% |
| Beacon Roofing Supply, Inc. | BECN | 4.82% |
| H&E EQUIPMENT SERVICES, INC. - H&E EQUIPMENT SERVICES INC 144A 3.875000% 12/15/2028 | n/a | 4.71% |
| SolarWinds Corporation | SWI | 4.29% |
| PACTIV EVERGREEN GROUP ISSUER INC. - PACTIV EVERGREEN GROUP ISSUER LLC / PACTIV EVERGRE 4.375000% 10/15/2028 | PTVE.4.375 10.15.28 144A | 4.05% |
| Enstar Group Ltd. | ESGR | 3.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 18, 2025 | $0.23461 | Jun 20, 2025 |
| 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 |