Highland Total Return Y
13455 Noel RoadSuite 800Dallas, Texas 75420
Map
Phone: 877-665-1287
| Category: | Moderate Allocation | | Fund Family: | Highland Funds | | Net Assets: | 79.79M | | Year-to-Date Return: | 4.75% | | Yield: | 1.22% | | Morningstar Rating: |  | | Fund Inception Date: | Nov 28, 1993 |
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Judith A. Studer
Lead Manager since Jul 30, 2004 | | | Judy Studer, President and Co-CIO of U.S. Equities, assumed the newly created role of GEAM Chief Market Strategist. In this role she continues to report to GEAMâs President and CEO, Jay Ireland. As Chief Market Strategist, Judy leads our firmâs efforts to take a more holistic and unified view of the markets in which we invest, and leverages the collective expertise within our organization to bring together the perspectives at our firm from all asset classes. Judy also oversees GEAM relationships with market strategists and economists from other firms, and continues to hold a critical role in o |
| Min Initial Investment: | 1,000,000 | | Min Initial Investment, IRA: | N/A | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | N/A | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks maximum total return (total return includes both income and capital appreciation).
The fund seeks to achieve its investment objective by investing primarily in a combination of U.S. and foreign equity and debt securities and cash. It may also invest in various types of derivatives to gain exposure to certain types of securities as an alternative to investing directly in such securities, to manage currency exposure and interest rate exposure (also known as duration), and to manage exposure to credit quality. |
| Last Dividend
(Dec 26, 2012)
:
| 0.27 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 19, 2013)
:
| 169.00% | | Average for Category: | 71.92% |
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| Expense | HTAYX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 1.35% | 0.98% | | Prospectus Net Expense Ratio: | 1.59% | N/A | | Prospectus Gross Expense Ratio: | 1.59% | N/A | | Max 12b1 Fee: | 0.00% | N/A | | Max Front End Sales Load: | N/A | 5.29% | | Max Deferred Sales Load:
| N/A | 2.51% | | 3 Yr Expense Projection*: | 502 | 597 | | 5 Yr Expense Projection*: | 866 | 921 | | 10 Yr Expense Projection*: | 1,889 | 1,819 |
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0.13(0.57%) May 23