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Highland Small-Cap Equity Fund Class A (HSZAX)

14.39
Net Asset Value
-0.83%
1 Day
+4.50%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
5.75
Sales Expenses
2.02%
Expense Ratio
Above 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-3.23% 3 years+8.33%
3 months-3.42% 5 years+13.57%
1 year+6.39% Since inception+9.99%
Data through --

Peer Comparisonvs. Small growth

 HSZAXCategory
Performance 5-yr return+13.57%+13.02%
Expense ratio2.02%1.29%
Risk 5 year sharpe ratio0.871.02
Net assets$68.8M$1.0B
Average market cap$1.7B$3.8B
Average P/E6.729.4
Portfolio turnover107%107%

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureJames Dondero / 2 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock98.64%
International stock2.67%
Fixed income0.00%
Cash0.00%
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
MPMQ MPM Holdings Inc5.64%
CYH Community Health Systems Inc5.56%
JCAP Jernigan Capital Inc4.48%
IRT Independence Realty Trust Inc4.07%
FINL Finish Line Inc3.69%
PTLA Portola Pharmaceuticals Inc3.61%
TNA Direxion Daily Small Cap Bull 3X Shares3.57%
SRC Spirit Realty Capital Inc2.81%
BKS Barnes & Noble Inc2.50%
TSCO Tractor Supply Co2.49%