Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Highland Small-Cap Equity Fund Class A (HSZAX)

14.02
Net Asset Value
+0.43%
1 Day
+27.34%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
5.75
Sales Expenses
1.67%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund seeks to achieve its investment objective by investing at least 80% of its net assets under normal circumstances in equity securities, such as common and preferred stocks, of small-cap companies, plus borrowing for investment purposes. The managers define a small-cap company as one with a market capitalization that falls between (a) the bottom range of the Russell 2000  Index ("Russell 2000 Index") and (b) the greater of either the top range of the Russell 2000 Index or $3.0 billion.

Performance

1 month+1.31% 3 years+9.44%
3 months+21.08% 5 years+14.95%
1 year+22.39% Since inception+10.03%
Data through --

Peer Comparisonvs. Small growth

 HSZAXCategory
Performance 5-yr return+14.95%+7.26%
Expense ratio1.67%1.33%
Risk 5 year sharpe ratio0.870.76
Net assets$43.0M$874.1M
Average market cap$1.8B$3.0B
Average P/E19.126.1
Portfolio turnover70%70%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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. stock95.13%
International stock3.38%
Cash1.49%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 15.20%
Healthcare 13.69%
Financial service 12.40%
Consumer goods 10.64%
Business service 9.24%
Top 10 Holdings
Portfolio weighting
ETE Energy Transfer Equity LP5.02%
RARE Ultragenyx Pharmaceutical Inc4.23%
SEMG SemGroup Corp3.32%
JCAP Jernigan Capital Inc3.27%
IRT Independence Realty Trust Inc3.02%
WTW Weight Watchers International Inc2.95%
FIG Fortress Investment Group LLC2.82%
WGP Western Gas Equity Partners LP2.81%
DLNG Dynagas LNG Partners LP2.64%
PDCO Patterson Companies Inc2.55%