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Filing Details

Accession Number:: 0000899243-17-020317
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-08-15 16:06:20
Reporting Period:: 2017-08-11

Filing Date:: 2017-08-15
Accepted Time:: 2017-08-15 16:06:20
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1356115	Nexpoint Credit Strategies Fund	"NHF"	()	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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2017-08-11	165,395	$21.94	1,046,944	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2017-08-11	100	$21.94	1,046,844	No	4	S	Indirect	See Footnote

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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,656	Indirect	See Footnote
Common Stock	37,428	Indirect	By employee benefit plan
Common Stock	2,371,824	Indirect	See Footnote
Common Stock	4,599	Direct

Footnotes

The Reporting Person's sale of NexPoint Credit Strategies Fund ("NHF") common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934. The Reporting Person has disgorged $167,149.95 to NHF, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
These shares are held by Highland Capital Management, L.P. ("HCMLP") both directly and indirectly through advised accounts. Mr. Dondero is the President and the director of Strand Advisors, Inc., HCMLP's general partner, and may be deemed to be an indirect beneficial owner of shares held by HCMLP. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Includes shares acquired under the issuer's dividend reinvestment plan.
The Reporting Person's purchase and sale of NHF common stock reported herein were matchable under Section 16(b) of the Securities Exchange Act of 1934. The Reporting Person has disgorged $101.00 to NHF, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs
These shares are held by certain private funds and managed accounts ultimately advised by Mr. Dondero (collectively, the "Highland Accounts"). Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by the Highland Accounts. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
These shares are held pursuant to an employee benefit plan.
These shares are held by The Dugaboy Investment Trust pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares.
These shares are held directly by Mr. Dondero.