NexPoint Diversified Real Estate Trust (NXDT-PA) NYSE

13.30

+0.1(+0.76%)

Updated at June 02 03:48PM

Currency In USD

NexPoint Diversified Real Estate Trust

Address

300 Crescent Court

Dallas, TX 75201

United States of America (the)

Phone

972-628-4100

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

March 05, 2021

Key Executives

NameTitlePayYear Born
Kurtis Stephen PlumerPortfolio Manager0N/A
Dustin David NorrisExecutive Vice President01984
James David DonderoChairman & President01963
Dennis Charles Sauter Jr.General Counsel & Secretary01975
Matthew Ryan McGranerExecutive Vice President & Chief Investment Officer01984
Paul RichardsChief Financial Officer, Executive Vice President of Finance, Treasurer & Assistant Secretary01989

Description

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.