Industry description
The investment seeks to generate positive absolute returns.
The fund normally invests at least 80% of the value of its total assets (net assets plus the amount of any borrowings for investment purposes) in securities of companies that are involved in publicly-announced mergers (including mergers through takeovers and tender offers, so long as tender offers are being used to effect a merger) ("Merger Transactions") or companies that the Adviser believes may be involved in Merger Transactions. It engages in risk arbitrage strategies, particularly merger arbitrage strategies, in order to achieve its investment objective. The fund is non-diversified.
Market Cap
The average market capitalization across the NexPoint Merger Arbitrage A MF is 69.69B. The market cap for tickers in the group ranges from 927.17M to 5.84B. SRC holds the highest valuation in this group at 5.84B. The lowest valued company is CHS at 927.17M.
Volume
The average weekly volume growth across all stocks in the NexPoint Merger Arbitrage A MF was -10%. For the same stocks of the MF, the average monthly volume growth was -20% and the average quarterly volume growth was -23%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 71
P/E Growth Rating: 52
Price Growth Rating: 41
SMR Rating: 56
Profit Risk Rating: 52
Seasonality Score: 10 (-100 ... +100)