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Highland Premier Growth Equity Fund Class A (HPEAX)

26.68
Net Asset Value
+1.10%
1 Day
-1.33%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
5.75
Sales Expenses
1.29%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital and future income rather than current income. The fund seeks to achieve its investment objectives by investing at least 80% of its net assets under normal circumstances in equity securities- such as common and preferred stocks. It invests primarily in a limited number of large- and medium-sized companies (meaning companies with a market capitalization of $2 billion or more) that the portfolio manager believes have above-average growth histories and/or growth potential.

Performance

1 month+6.08% 3 years+10.94%
3 months+9.45% 5 years+15.70%
1 year+21.22% Since inception+8.84%
Data through --

Peer Comparisonvs. Large growth

 HPEAXCategory
Performance 5-yr return+15.70%+13.70%
Expense ratio1.29%1.12%
Risk 5 year sharpe ratio1.241.35
Net assets$161.0M$3.5B
Average market cap$20.6B$125.0B
Average P/E7.827.2
Portfolio turnover83%83%

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureJames Dondero / 1 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock94.94%
Fixed income1.98%
Other1.65%
International stock1.26%
Cash0.17%
Top 5 Sectors
Portfolio weighting
Financial service 17.81%
Healthcare 15.15%
Telecommunication 14.64%
Consumer service 11.67%
Business service 8.94%
Top 10 Holdings
Portfolio weighting
CIT CIT Group Inc6.18%
V Visa6.12%
AMZN Amazon4.61%
CMCSA Comcast4.54%
SPGI S&P Global Inc4.50%
PDCO Patterson Companies Inc4.45%
CJ C&J Energy Services Inc4.33%
GOOG Google4.11%
URI United Rentals Inc3.77%
GLW Corning3.75%