XNYSNXDTpA
Dec 23, Last price
15.70USD
1D
-1.81%
1Q
0.71%
IPO
-28.82%
Name
NexPoint Diversified Real Estate Trust
Chart & Performance
Profile
NexPoint Diversified Real Estate Trust is a closed ended balanced mutual fund launched by Highland Capital Management, L.P. It is managed by Nexpoint Advisors, L.P. The fund invests in the fixed income markets of the United States. It invests in companies across broadly diversified sectors to construct its portfolio. The fund typically invests in senior loans, secured and unsecured floating and fixed rate loans, bonds, debt obligations of stressed, distressed, and bankrupt issuers, mortgage-backed securities, asset-backed securities, and collateralized debt obligations with a primary focus on below investment grade debt and equity securities. It employs a quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against the Dow Jones Credit Suisse Hedge Fund and the HFRX Global Hedge Fund. It was formerly known as NexPoint Strategic Opportunities Fund. NexPoint Diversified Real Estate Trust was formed on June 1, 2006 and is domiciled in the United States.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
| Income | ||||||||||
Revenues | (75,273) -189.08% | 84,499 -67.06% | 256,511 -324.15% | |||||||
Cost of revenue | 33,515 | 27,528 | 25,177 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | (108,788) | 56,970 | 231,334 | |||||||
NOPBT Margin | 144.52% | 67.42% | 90.18% | |||||||
Operating Taxes | 2,731 | 9,975 | 4,555 | |||||||
Tax Rate | 17.51% | 1.97% | ||||||||
NOPAT | (111,519) | 46,995 | 226,779 | |||||||
Net income | (117,241) -339.75% | 48,902 -80.44% | 250,010 -307.02% | |||||||
Dividends | (18,027) | (23,177) | (20,070) | |||||||
Dividend yield | 3.20% | 3.87% | 2.54% | |||||||
Proceeds from repurchase of equity | (7,998) | (21,821) | ||||||||
BB yield | 1.34% | 2.76% | ||||||||
| Debt | ||||||||||
Debt current | 144,414 | 110 | ||||||||
Long-term debt | 30,268 | 177,315 | 125,752 | |||||||
Deferred revenue | 53,554 | |||||||||
Other long-term liabilities | 1,071 | (156,308) | (42,500) | |||||||
Net debt | (747,841) | (584,908) | (918,361) | |||||||
| Cash flow | ||||||||||
Cash from operating activities | (24,266) | 70,053 | 38,066 | |||||||
CAPEX | ||||||||||
Cash from investing activities | 21,990 | (77,585) | (26,041) | |||||||
Cash from financing activities | 6,796 | (55,396) | (44,391) | |||||||
FCF | 282,049 | (348,531) | 274,949 | |||||||
| Balance | ||||||||||
Cash | 20,608 | 13,360 | 2,238 | |||||||
Long term investments | 757,501 | 893,277 | 1,041,985 | |||||||
Excess cash | 781,873 | 902,412 | 1,031,397 | |||||||
Stockholders' equity | (126,539) | 17,987 | 1,031,680 | |||||||
Invested Capital | 1,213,901 | 1,323,375 | 27,718 | |||||||
ROIC | 6.96% | 88.95% | ||||||||
ROCE | 4.25% | 22.07% | ||||||||
| EV | ||||||||||
Common stock shares outstanding | 37,334 | 37,172 | 37,303 | |||||||
Price | 15.10 -6.21% | 16.10 -23.91% | 21.16 | |||||||
Market cap | 563,743 -5.80% | 598,469 -24.18% | 789,336 | |||||||
EV | (184,095) | 13,564 | (5,842) | |||||||
EBITDA | (94,851) | 15,351 | 231,334 | |||||||
EV/EBITDA | 1.94 | 0.88 | ||||||||
Interest | 15,902 | 6,455 | 2,435 | |||||||
Interest/NOPBT | 11.33% | 1.05% | ||||||||