Highland Dividend Equity Y

The investment seeks to provide above average dividend yields with the potential for long-term capital appreciation.
The fund seeks to achieve its investment objective under normal market conditions by investing, directly and indirectly (e.g., through investments in derivatives or other pooled investment vehicles), at least 80% of its net assets, plus any borrowings for investment purposes, in equity investments that pay or expect to pay dividends. The term "equity investments" refers to direct and indirect investments in common stocks, preferred stocks and convertible securities. It is non-diversified.

Key stats

Management firm  Highland Funds
Domicile  United States
Fund Administrator  Glenfinnen Capital LLC
Global Branding Name  Highland
12 month yield  1.86%
Fund currency  USD
Launch Date  2011-11-14
ISIN  US43090E2330
Manager 1 Name  Robert Bugg
Fund Strategy  Large Value
Benchmark  Russell 1000 Value TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  3.38%
Return - 2 Months  -1.37 %
Return - 3 Months  0.37%
Return - 6 Months  4.30 %
Return - 9 months  6.24 %
Return - 12 Months  14.70%
Annualized return 24 months  17.05 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  16.83%
Return YTD  4.22%

Charges

Initial  0.00 %
Minimum Investment  $1,000,000
Maximum Managment Charge  1.00 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Highland Funds
Contact Address 2  101 Sabin Street
Contact city  Pawtucket
Contact country  United States
Fund Admin Group  Highland Funds
Web Address  www.highlandfunds.com
Custodian  State Street Bank & Trust Co
Phone  1-877- 665-1287

Price

Last Price Date  2014-09-26
Pre-tax nav  14.15
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.08
Price change (percentage)  0.57 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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