NexPoint Merger Arbitrage Fund Z (HMEZX)
20.01
0.00 (0.00%)
USD |
Jan 09 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.90% | 1.253B | -- | 406.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 321.74M | 6.40% | 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 |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| 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:
15
-45.87M
Peer Group Low
27.55M
Peer Group High
1 Year
% Rank:
5
321.74M
-359.71M
Peer Group Low
321.74M
Peer Group High
3 Months
% Rank:
7
-216.45M
Peer Group Low
110.04M
Peer Group High
3 Years
% Rank:
73
-3.959B
Peer Group Low
300.42M
Peer Group High
6 Months
% Rank:
7
-33.54M
Peer Group Low
224.38M
Peer Group High
5 Years
% Rank:
5
-2.406B
Peer Group Low
899.25M
Peer Group High
YTD
% Rank:
--
--
Peer Group Low
--
Peer Group High
10 Years
% Rank:
17
-3.478B
Peer Group Low
3.205B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 12, 2026.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 17.21% |
| Stock | 68.80% |
| Bond | 14.59% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.60% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
CASH AND CASH EQUIVALENTS
|
16.64% | -- | -- |
|
CASH AND CASH EQUIVALENTS
|
16.64% | -- | -- |
|
CASH AND CASH EQUIVALENTS
|
16.64% | -- | -- |
|
WNS (HOLDINGS) LTD ORD
|
7.92% | -- | -- |
|
WNS (HOLDINGS) LTD ORD
|
7.92% | -- | -- |
|
WNS (HOLDINGS) LTD ORD
|
7.92% | -- | -- |
|
AVIDXCHANGE HOLDINGS INC ORD
|
7.75% | -- | -- |
|
AVIDXCHANGE HOLDINGS INC ORD
|
7.75% | -- | -- |
|
AVIDXCHANGE HOLDINGS INC ORD
|
7.75% | -- | -- |
| InterRent Real Estate Investment Trust | 5.27% | 13.35 | 0.45% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.80% |
| Administration Fee | 1.62M% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| 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 |
| Equity Style | -- |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| 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 (1-9-26) | 5.03% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 285 |
| Stock | |
| Weighted Average PE Ratio | 30.33 |
| Weighted Average Price to Sales Ratio | 4.092 |
| Weighted Average Price to Book Ratio | 3.462 |
| Weighted Median ROE | 2.39% |
| Weighted Median ROA | -0.37% |
| ROI (TTM) | 0.42% |
| Return on Investment (TTM) | 0.42% |
| Earning Yield | 0.0443 |
| LT Debt / Shareholders Equity | 1.728 |
| Number of Equity Holdings | 180 |
| Bond | |
| Yield to Maturity (9-30-25) | 3.96% |
| Effective Duration | -- |
| Average Coupon | 8.45% |
| Calculated Average Quality | 5.355 |
| Effective Maturity | 6.255 |
| Nominal Maturity | 6.550 |
| Number of Bond Holdings | 36 |
As of September 30, 2025
Growth Metrics
| EPS Growth (1Y) | 31.51% |
| EPS Growth (3Y) | 1.92% |
| EPS Growth (5Y) | 10.53% |
| Sales Growth (1Y) | 7.19% |
| Sales Growth (3Y) | 8.88% |
| Sales Growth (5Y) | 11.97% |
| Sales per Share Growth (1Y) | 7.59% |
| Sales per Share Growth (3Y) | 5.42% |
| Operating Cash Flow - Growth Rate (3Y) | 12.32% |
As of September 30, 2025
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:HMEZX", "name") |
| Broad Asset Class: =YCI("M:HMEZX", "broad_asset_class") |
| Broad Category: =YCI("M:HMEZX", "broad_category_group") |
| Prospectus Objective: =YCI("M:HMEZX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |