Eye Catching NEWS: NexPoint Strategic Opportunities Fund (NYSE:NHF)

NexPoint Strategic Opportunities Fund (NYSE:NHF) changed 0.17% to recent value of $17.96. The stock transacted 152528 shares during most recent day however it has an average volume of 180.34K shares. It spotted trading -20.74% off 52-week high price. On the other end, the stock has been noted 1.99% away from the low price over the last 52-weeks.

On Oct. 1, 2019, NexPoint Strategic Opportunities Fund (NYSE:NHF) notified its regular monthly dividend on its common stock of $0.20 per share. The dividend will be payable on October 31, 2019 to shareholders of record at the close of business October 24, 2019.

The Fund is a closed-end fund managed by NexPoint Advisors, L.P. (the Manager), an affiliated adviser of Highland Capital Management, L.P. The Fund invests primarily in below investment grade debt, equity securities and real estate and has the ability to hedge risk. The Manager attempts to deliver consistent returns in excess of the Dow Jones Credit Suisse Hedge Fund and the HFRX Global Hedge Fund indices in a transparent, registered fund format consistent with monthly dividends.

The company has 32.4M of outstanding shares.  The price moved ahead of -1.00% from the mean of 20 days, -1.80% from mean of 50 days SMA and performed -9.84% from mean of 200 days price. Company’s performance for the week was -1.59%, 0.90% for month and YTD performance remained -9.88%.

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