NexPoint Merger Arbitrage Fund Class Z (HMEZX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
19.93
0.00 (0.00%)
Aug 1, 2025, 8:06 AM EDT
| Fund Assets | 1.10B |
| Expense Ratio | 2.14% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 1.01 |
| Dividend Yield | 5.04% |
| Dividend Growth | 0.29% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 18, 2025 |
| Previous Close | 19.93 |
| YTD Return | 2.20% |
| 1-Year Return | 4.43% |
| 5-Year Return | 26.56% |
| 52-Week Low | 19.58 |
| 52-Week High | 20.04 |
| Beta (5Y) | 0.02 |
| Holdings | 114 |
| Inception Date | Jan 20, 2015 |
About HMEZX
The fund normally invests at least 80% of the value of its total assets (net assets plus the amount of any borrowings for investment purposes) in securities of companies that are involved in publicly-announced mergers (including mergers through takeovers and tender offers, so long as tender offers are being used to effect a merger) ("Merger Transactions") or companies that the Adviser believes may be involved in Merger Transactions. It engages in risk arbitrage strategies, particularly merger arbitrage strategies, in order to achieve its investment objective. The fund is non-diversified.
Category Event Driven
Stock Exchange NASDAQ
Ticker Symbol HMEZX
Share Class Class Z
Index Bloomberg U.S. Aggregate Bond TR
Performance
HMEZX had a total return of 4.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.90%.
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 | $0.25193 | Jun 20, 2025 |
| Mar 18, 2025 | $0.25099 | Mar 19, 2025 |
| Dec 19, 2024 | $0.25037 | Dec 20, 2024 |
| Sep 24, 2024 | $0.2524 | Sep 25, 2024 |
| Jun 20, 2024 | $0.24989 | Jun 21, 2024 |
| Mar 21, 2024 | $0.25164 | Mar 22, 2024 |