Filing Details

Accession Number:
0000899243-20-009032
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-19 18:09:11
Reporting Period:
2020-03-17
Accepted Time:
2020-03-19 18:09:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1356115 Nexpoint Strategic Opportunities 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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-03-17 83,900 $11.99 1,862,110 No 4 P Indirect See Footnote
Common Stock Acquisiton 2020-03-18 83,900 $8.69 1,946,010 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,121,229 Indirect See Footnote
Common Stock 50,106 Indirect By employee benefit plan
Common Stock 1,808,098 Indirect See Footnote
Common Stock 14,701 Direct
Footnotes
  1. The Reporting Person's purchase of NexPoint Strategic Opportunities Fund ("NHF") common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934. The Reporting Person has disgorged $2,639.23 to NHF, representing the full amount of his pecuniary interest in the deemed profit realized in connection with the short-swing transaction, less transaction costs.
  2. These shares are held by certain managed accounts ultimately advised by Mr. Dondero (collectively, the "Highland Accounts"). Mr. Dondero may be deemed to have 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.
  3. These shares are held by The Dugaboy Investment Trust pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares.
  4. Includes shares acquired under the issuer's dividend reinvestment plan.
  5. These shares are held pursuant to an employee benefit plan.
  6. These shares are held by Highland Capital Management, L.P. ("HCMLP") both directly and indirectly through advised accounts. Mr. Dondero is sole member 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.
  7. These shares are held directly by Mr. Dondero.