Which closed-end fund managed by NexPoint Advisors is in the process of converting to a diversified REIT?
Answer: NexPoint Strategic Opportunities Fund (NYSE: NHF); On March 31, 2021, the Company filed an application with the Securities and Exchange Commission (the “SEC”) for an order under the 1940 Act declaring that the Company is no longer an investment company (the “Deregistration Order”). The Company has repositioned its investment portfolio sufficient to achieve REIT tax status and is operating during its 2021 taxable year so that it may qualify for taxation as a REIT.”Go Back
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