XNYS
HFROpA
Market cap1.35bUSD
Oct 08, Last price
15.62USD
1D
-0.06%
1Q
-5.90%
IPO
-37.07%
Name
Highland Income Fund
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Profile
The Highland Funds I - Highland Floating Rate Opportunities Fund operates as a closed-end mutual fund dedicated to fixed income investments, originally launched by Highland Capital Management, L.P. Its management responsibilities are overseen by Highland Capital Management Fund Advisors, L.P. The fund's investment approach encompasses fixed income markets worldwide, primarily targeting instruments that offer floating rate returns. This strategy largely involves adjustable rate senior loans provided to corporations and partnerships, as well as other financial products considered floating rate investments. It actively seeks opportunities within the sphere of below-investment-grade securities and also incorporates derivatives into its investment methodology. The performance of its portfolio is measured against the Credit Suisse Leveraged Loan Index. Founded in the United States on January 13, 2000, the fund was formerly recognized as Pyxis Funds I - Pyxis Floating Rate Opportunities Fund.
Related entities
Fund manager
NEXPOINT ASSET MANAGEMENT, L.P.
Key people
Executive Vice President · since 2019
Frank Waterhouse
Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer, Treasurer · since 2021
Will Mabry
Assistant Treasurer · since 2021
Stephanie Vitiello
Chief Compliance Officer, Secretary, Anti-Money Laundering Officer · since 2021
Bob Froehlich
Independent Trustee · since 2017
John Honis
Trustee · since 2017
Dorri Mcwhorter
Independent Trustee · since 2022
Ethan Powell
Independent Chairman of the Board of Trustees · since 2017
IPO date
Nov 06, 2017
Employees
Domiciled in
US
Incorporated in
US
Legal address
C/O CT CORPORATION SYSTEM
155 FEDERAL STREET
SUITE 700
BOSTON, MA 02110
US
155 FEDERAL STREET
SUITE 700
BOSTON, MA 02110
US
Headquarters
C/O NEXPOINT ASSET MANAGEMENT, L.P.
300 CRESCENT COURT
SUITE 700
DALLAS, TX 75201
US
300 CRESCENT COURT
SUITE 700
DALLAS, TX 75201
US
Previous name
Highland Floating Rate Opportunities Fund
Previous name
Highland Floating Rate Opportunities Fund II
Previous name
Highland Income Fund
Valuation
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