NexPoint Credit Catalyst A (NEDAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
25.98
+0.01 (0.02%)
At close: Apr 2, 2026
Fund Assets25.33M
Expense Ration/a
Min. Investment$2,500
Turnovern/a
Dividend (ttm)0.31
Dividend Yield1.21%
Dividend Growthn/a
Payout FrequencyMonthly
Ex-Dividend DateFeb 27, 2026
Previous Close25.97
YTD Returnn/a
1-Year Returnn/a
5-Year Returnn/a
52-Week Low24.49
52-Week High25.98
Beta (5Y)n/a
Holdingsn/a
Inception Daten/a

About NEDAX

NexPoint Credit Catalyst Fund - Class A is an open-end mutual fund that focuses on an event-driven credit strategy within the fixed income market. Its primary objective is to seek both current income and capital appreciation by investing at least 80% of its assets in a diverse range of credit instruments, broadly defined to include corporate and sovereign bonds, senior loans, convertible securities, preferred stocks, mortgage-backed and asset-backed securities, as well as collateralized loan obligations. The fund targets opportunities created by corporate events that can drive valuation changes, such as mergers, acquisitions, restructurings, refinancings, asset sales, recapitalizations, and other significant corporate or geopolitical developments. Managed by a team with deep expertise in credit and event-driven investing, it seeks to deliver returns that are less dependent on general market trends and credit cycles, providing a lower correlation and potentially enhanced diversification relative to traditional stock and bond investments. By leveraging rigorous research and risk analysis, NexPoint Credit Catalyst Fund - Class A fills a niche in portfolio construction, complementing existing event-driven and merger arbitrage strategies and offering investors exposure to special situations across global credit markets.

Fund Family NexPoint
Category Nontraditional Bond
Stock Exchange NASDAQ
Ticker Symbol NEDAX

Dividend History

Ex-DividendAmountPay Date
Feb 27, 2026$0.1441Feb 27, 2026
Jan 30, 2026$0.170Jan 30, 2026
Full Dividend History