NexPoint Strategic Opportunities Fund
Company Overview
NexPoint Strategic Opportunities Fund is a closed-end fund that primarily invests in floating-rate loans and other securities deemed to be floating rate investments. The fund aims to provide both current income and capital appreciation by investing in these instruments. It's managed by NexPoint Advisors, L.P., an affiliate of Highland Capital Management Fund Advisors, L.P.
The fund's investment strategy includes investing in debt and equity securities, including floating-rate loans and collateralized loan obligations (CLOs), as well as other structured products.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $22.21m | $36.45m | - | $8.29m | 0.00% | 22.74% |
| June 30, 2024 | $22.27m | $29.53m | - | $7.85m | 0.00% | 26.58% |
| March 31, 2024 | $12.8m | $17.07m | - | $4.53m | 0.00% | 26.55% |
Company Impact
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