NexPoint Credit Strategies Fund Announces the Regular Monthly Dividend
DALLAS—(BUSINESS WIRE)—January 2, 2015—NexPoint Credit Strategies Fund (NYSE: NHF) (“NHF” or the “Fund”) today announced its regular monthly dividend on its common stock of $.06 per share. The dividend will be payable on the last business day of January to shareholders of record at the close of business January 23, 2015. As of December 31, 2014, the Fund had estimated undistributed net investment income (“UNI”) of approximately $15.6 million (unaudited).
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 and equity and has the ability to hedge risk. The Manager attempts to deliver consistent returns in excess of the Credit Suisse Hedge Fund and the HFRX Global Hedge Fund indices in a transparent, registered fund format with consistent monthly dividends.
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