Based in Dallas, Texas, with an office in New York and an affiliate in London, Highland Funds, managed by Highland Capital Management, L.P., is an investment adviser registered with the Securities and Exchange Commission and specializing in credit and alternative investment strategies.
Highland products include bank loan mutual funds, floating rate mutual funds, high income mutual funds, healthcare funds, and many others.
Highland Funds consists of a number of registered investment companies. These distinct companies are arranged into three types: open-end “mutual” funds; closed-end “interval” funds; and traditional closed-end funds.
Below are some examples of Highland Funds with some documentation of their objectives, strategies and performance.
Highland Floating Rate Advantage Fund
Objective
The fund seeks to provide a high level of current income, consistent with preservation of capital.
Strategy
The fund seeks to achieve its objective through investment primarily in senior bank loans. These loans have historically had offered interest rates that offer a premium over prevailing market rates, such as the London Interbank Offered Rate (LIBOR), and reset on a regular schedule. The fund may also borrow up to one-third of its total assets to finance long-term investments, obtain short-term liquidity and for temporary or extraordinary purposes.
Highland Floating Rate Fund
Objective
The fund seeks to provide a high level of current income, consistent with preservation of capital.
Strategy
The fund seeks to achieve its objective through investment with at least 80% of its net assets primarily in senior bank loans. Senior loans are business loans that have a senior right to payment to most other debts of the borrower. These loans have historically offered interest rates that offer a premium over prevailing market rates, such as the London Interbank Offered Rate (LIBOR), and reset on a regular schedule.
Highland for Investment Professionals
Highland Funds relies on Investment Professionals such as registered investment advisors, financial advisors and planners to recommend our funds to investors. We manage a variety of high-performing mutual funds, bank loan mutual funds, floating rate mutual funds, interval funds, closed-end funds, and others.
To meet client needs, Highland Funds has designed a state-of-the-art, secure website at www.hcmlp.com with a members-only area. In this portion of the site, you will find the tools we think can help you better evaluate the needs of your clients, whether they are looking for bank loan mutual funds, floating rate mutual funds, interval funds or any other mutual fund investing opportunity.
Once registered, you will have access to all of our online features by clicking on the Investment Professional button.
Highland for Individual Investors
Individual Investors may also manage their portfolios via www.hcmlp.com. Highland Funds offers educational materials in the Literature portion of the site for individual insvestors.
Individual mutual fund investors can purchase mutual funds, interval funds, bank loan mutual funds, floating rate mutual funds or any of our other products either directly from Highland Funds or through your financial advisor.
For more information about Highland Funds or any of its products such as bank loan mutual funds, interval funds, floating rate mutual funds, or others, please fill out the form below.
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