NexPoint Merger Arbitrage Fund C (HMECX)
18.95
0.00 (0.00%)
USD |
Mar 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| -- | -- | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | -- | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of companies that are involved in publicly-announced mergers. The Fund generally invests in stocks of target companies based on the Advisers expected risk adjusted return for the arbitrage transaction. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Global Peer Group | Alternative Event Driven |
| Peer Group | Alternative Event Driven Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Event Driven Funds |
| Fund Owner Firm Name | NexPoint |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
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Peer Group Low
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1 Year
% Rank:
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Peer Group High
3 Months
% Rank:
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Peer Group High
3 Years
% Rank:
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Peer Group Low
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Peer Group High
6 Months
% Rank:
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Peer Group High
5 Years
% Rank:
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YTD
% Rank:
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Peer Group High
10 Years
% Rank:
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Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 05, 2025.
Asset Allocation
As of June 30, 2024.
| Type | % Net |
|---|---|
| Cash | 9.24% |
| Stock | 60.97% |
| Bond | 29.78% |
| Convertible | 0.00% |
| Preferred | 0.02% |
| Other | -0.02% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Other Assets less Liabilities
|
14.66% | -- | -- |
|
Cash and Cash Equivalents
|
7.81% | -- | -- |
|
Encore Wire Corp ORD
|
7.79% | -- | -- |
|
Everbridge Inc ORD
|
6.33% | -- | -- |
|
US Silica Holdings Inc ORD
|
4.14% | -- | -- |
| Endeavor Group Holdings Inc | 4.01% | 28.79 | -0.21% |
|
National Western Life Group Inc ORD
|
3.97% | -- | -- |
|
Michael Kors (USA) Inc 4.25% 01-NOV-2024
|
3.94% | -- | -- |
|
Atlantica Sustainable Infrastructure PLC 4.125% 15-JUN-2028
|
3.46% | -- | -- |
| Hess Corp | 3.00% | 140.67 | -1.21% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 1.00% |
| Actual Management Fee | 0.75% |
| Administration Fee | 54.98K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | 1.00% |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of companies that are involved in publicly-announced mergers. The Fund generally invests in stocks of target companies based on the Advisers expected risk adjusted return for the arbitrage transaction. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative |
| Global Peer Group | Alternative Event Driven |
| Peer Group | Alternative Event Driven Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Event Driven Funds |
| Fund Owner Firm Name | NexPoint |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM | -- |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Stock | |
| Weighted Average PE Ratio | -- |
| Weighted Average Price to Sales Ratio | -- |
| Weighted Average Price to Book Ratio | -- |
| Weighted Median ROE | -- |
| Weighted Median ROA | -- |
| ROI (TTM) | -- |
| Return on Investment (TTM) | -- |
| Earning Yield | -- |
| LT Debt / Shareholders Equity | -- |
| Bond | |
| Yield to Maturity | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
Growth Metrics
| EPS Growth (1Y) | 0.92% |
| EPS Growth (3Y) | 44.49% |
| EPS Growth (5Y) | 20.24% |
| Sales Growth (1Y) | 6.71% |
| Sales Growth (3Y) | 19.73% |
| Sales Growth (5Y) | 16.20% |
| Sales per Share Growth (1Y) | 5.04% |
| Sales per Share Growth (3Y) | 17.63% |
| Operating Cash Flow - Growth Ratge (3Y) | 40.84% |
As of June 30, 2024
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:HMECX", "name") |
| Broad Asset Class: =YCI("M:HMECX", "broad_asset_class") |
| Broad Category: =YCI("M:HMECX", "broad_category_group") |
| Prospectus Objective: =YCI("M:HMECX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |