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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1663712	Nexpoint Real Estate Strategies Fund	NONE	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1228922	D James Dondero	300 Crescent Court, Suite 700 Dallas TX 75201	See Remarks	No	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class Z Shares Of Beneficial Interest	Acquisiton	2016-07-12	50,150	$20.00	50,150	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class Z Shares Of Beneficial Interest	5,088	Indirect	See Footnote

Footnotes

These shares are held by Highland Capital Management, L.P ("HCMLP"). The Reporting Person is the President and a director of Strand Advisors, Inc., HCMLP's general partner, and may be deemed to be an indirect beneficial owner of shares held by HCMLP. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
These shares are held by NexPoint Advisors, L.P. ("NexPoint"). The Reporting Person is the President and a director of NexPoint Advisors GP, LLC, NexPoint's general partner, and may be deemed to be an indirect beneficial owner of shares held by NexPoint. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.