Highland Small-Cap Equity Fund Class A (HSZAX)

15.08
Net Asset Value
-0.26%
1 Day
+14.94%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
5.75
Sales Expenses
2.00%
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 manager defines 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+3.42% 3 years+14.36%
3 months+9.17% 5 years+13.62%
1 year+18.40% Since inception+10.76%
Data through --

Peer Comparisonvs. Small growth

 HSZAXCategory
Performance 5-yr return+13.62%+11.88%
Expense ratio2.00%1.27%
Risk 5 year sharpe ratio0.900.89
Net assets$56.2M$1.1B
Average market cap$1.9B$3.5B
Average P/E8.425.8
Portfolio turnover84%84%

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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. stock83.55%
International stock18.29%
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 Inc8.65%
EGFEY Eurobank Ergasias SA5.68%
ALBKY Alpha Bank SA4.95%
TNA Direxion Daily Small Cap Bull 3X Shares4.74%
-- 4.17%
CYH Community Health Systems Inc3.78%
JCAP Jernigan Capital Inc3.47%
PTLA Portola Pharmaceuticals Inc2.89%
BKS Barnes & Noble Inc2.71%
NXRT NexPoint Residential Trust Inc2.66%