NexPoint Merger Arbitrage C (HMECX)
| Fund Assets | 1.12B |
| Expense Ratio | 3.14% |
| Min. Investment | $2,500 |
| Turnover | 556.00% |
| Dividend (ttm) | 0.82 |
| Dividend Yield | 4.33% |
| Dividend Growth | 0.37% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 16, 2025 |
| Previous Close | 18.82 |
| YTD Return | 1.36% |
| 1-Year Return | 2.31% |
| 5-Year Return | 19.49% |
| 52-Week Low | 18.29 |
| 52-Week High | 19.04 |
| Beta (5Y) | n/a |
| Holdings | 109 |
| Inception Date | Aug 19, 2016 |
About HMECX
NexPoint Merger Arbitrage Fund Class C is a mutual fund designed to provide absolute returns through a merger arbitrage strategy. This fund actively invests in the equity and debt of companies that are subjects of executed merger or acquisition agreements, both in domestic and international markets. The investment process is built upon rigorous fundamental due diligence and an in-depth assessment of legal, regulatory, and deal-specific risks, as indicated by a proprietary Merger Arbitrage Risk Score. Managed by a team with extensive experience in mergers, acquisitions, and event-driven strategies, the fund aims to capture the spread between the market price of a target company and the announced acquirer offer price, regardless of broader market conditions. Functioning as an alternative investment, NexPoint Merger Arbitrage Fund Class C offers characteristics such as low correlation with traditional equity and fixed-income markets, providing portfolio diversification and potential risk reduction. Its risk/return profile often resembles that of fixed income, with the added benefit of being relatively insulated from broader market volatility. The fund is also designed as a tool to enhance portfolio stability and may be considered as a substitute or complement to more conventional fixed-income investments, especially in rising interest rate environments.
Performance
HMECX had a total return of 2.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.53%.
Top 10 Holdings
53.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Treasury Obligations Cash Management | DTRXX | 14.04% |
| Springworks Therapeutics, Inc. | SWTX | 6.37% |
| Skechers USA, Inc. | SKX | 6.30% |
| Blueprint Medicines Corporation | BPMC | 5.00% |
| 8TH AVENUE FOOD & PROVISIONS, INC. 10/1/2025 | AVFOPO.L 10.01.25 1 | 4.10% |
| Walgreens Boots Alliance, Inc. | WBA | 4.09% |
| AvidXchange Holdings, Inc. | AVDX | 3.98% |
| TXNM Energy, Inc. | TXNM | 3.43% |
| Enstar Group Ltd. | ESGR | 3.41% |
| THE DUN & BRADSTREET CORPORATION - DUN & BRADSTREET CORP/THE 144A 5.000000% 12/15/2029 | DNB.5 12.15.29 144A | 3.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 16, 2025 | $0.20286 | Sep 17, 2025 |
| Jun 18, 2025 | $0.2042 | Jun 20, 2025 |
| Mar 18, 2025 | $0.20436 | Mar 19, 2025 |
| Dec 19, 2024 | $0.20408 | Dec 20, 2024 |
| Sep 24, 2024 | $0.20251 | Sep 25, 2024 |
| Jun 20, 2024 | $0.20245 | Jun 21, 2024 |