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Highland Small-Cap Equity Fund Class A (HSZAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small growth
Style or Category
Sales Expenses
Expense Ratio
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.


1 month-1.18% 3 years+10.62%
3 months-9.69% 5 years+12.24%
1 year+1.13% Since inception+9.68%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+12.24%+12.11%
Expense ratio1.62%1.37%
Risk 5 year sharpe ratio1.090.78
Net assets$39.0M$770.2M
Average market cap$2.6B$2.8B
Average P/E22.026.5
Portfolio turnover26%26%

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureJames Dondero / 0 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00


U.S. stock94.32%
International stock3.97%
Fixed income0.00%
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
MD MEDNAX Inc2.68%
RJF Raymond James Financial Inc2.50%
BLKB Blackbaud Inc2.42%
LKQ LKQ Corp2.09%
JAH Jarden Corp2.06%
WSTC West Corp1.93%
RNST Renasant Corp1.89%
AIT Applied Industrial Technologies Inc1.87%
IPCM IPC Healthcare Inc1.86%

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