Highland Premier Growth Equity Y
Name
As of 03/02/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.9%
1 yr return
18.5%
3 Yr Avg Return
2.4%
5 Yr Avg Return
9.0%
Net Assets
$65.8 M
Holdings in Top 10
46.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.56%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/02/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HPEYX - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 9.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.24%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameHighland Socially Responsible Equity Fund
-
Fund Family NameHighland Funds
-
Inception DateDec 31, 1996
-
Shares Outstanding418585
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Dondero
Fund Description
HPEYX - Performance
Return Ranking - Trailing
Period | HPEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -11.1% | 34.1% | 4.90% |
1 Yr | 18.5% | -9.0% | 137.8% | 98.80% |
3 Yr | 2.4%* | 1.4% | 48.1% | 99.84% |
5 Yr | 9.0%* | 1.7% | 46.2% | 99.75% |
10 Yr | 9.9%* | 1.5% | 24.4% | 98.29% |
* Annualized
Return Ranking - Calendar
Period | HPEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.8% | -67.0% | 145.0% | 95.77% |
2022 | 10.8% | -28.8% | 76.0% | 92.99% |
2021 | -45.0% | -64.5% | 19.1% | 99.50% |
2020 | 1.4% | -68.7% | 64.3% | 96.06% |
2019 | -16.9% | -56.6% | 15.3% | 96.39% |
Total Return Ranking - Trailing
Period | HPEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -8.8% | 34.1% | 5.04% |
1 Yr | 18.5% | -9.0% | 137.8% | 98.41% |
3 Yr | 2.4%* | 0.1% | 48.1% | 99.84% |
5 Yr | 9.0%* | 0.5% | 46.2% | 99.75% |
10 Yr | 9.9%* | 0.9% | 24.4% | 98.01% |
* Annualized
Total Return Ranking - Calendar
Period | HPEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.8% | -67.0% | 145.0% | 95.77% |
2022 | 10.8% | -28.8% | 76.0% | 93.07% |
2021 | -45.0% | -64.5% | 29.5% | 99.58% |
2020 | 25.9% | -24.8% | 64.3% | 50.72% |
2019 | 5.0% | -56.6% | 17.1% | 32.26% |
NAV & Total Return History
HPEYX - Holdings
Concentration Analysis
HPEYX | Category Low | Category High | HPEYX % Rank | |
---|---|---|---|---|
Net Assets | 65.8 M | 10.3 K | 257 B | 88.94% |
Number of Holdings | 44 | 1 | 2573 | 74.35% |
Net Assets in Top 10 | 32.4 M | 221 K | 96.2 B | 88.03% |
Weighting of Top 10 | 46.88% | 11.1% | 100.0% | 33.06% |
Top 10 Holdings
- Microsoft Corp 9.12%
- NexPoint Merger Arbitrage Z 6.56%
- Alphabet Inc A 6.36%
- Facebook Inc A 4.17%
- Texas Instruments Inc 4.13%
- Roper Technologies Inc 3.87%
- Bio-Techne Corp 3.76%
- Amgen Inc 3.68%
- Newmont Corp 3.52%
- Edwards Lifesciences Corp 3.46%
Asset Allocation
Weighting | Return Low | Return High | HPEYX % Rank | |
---|---|---|---|---|
Stocks | 96.19% | 48.90% | 135.93% | 85.41% |
Cash | 3.53% | -35.93% | 48.10% | 12.79% |
Other | 0.22% | -2.45% | 21.26% | 10.71% |
Preferred Stocks | 0.15% | 0.00% | 6.63% | 8.48% |
Convertible Bonds | 0.00% | 0.00% | 15.24% | 21.49% |
Bonds | -0.07% | -0.75% | 24.39% | 99.48% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HPEYX % Rank | |
---|---|---|---|---|
Technology | 28.75% | 0.00% | 87.30% | 66.69% |
Healthcare | 18.59% | 0.00% | 61.09% | 12.49% |
Communication Services | 14.72% | 0.00% | 68.19% | 35.17% |
Consumer Cyclical | 11.24% | 0.00% | 38.89% | 85.43% |
Financial Services | 10.19% | 0.00% | 41.22% | 46.84% |
Industrials | 5.93% | 0.00% | 30.46% | 43.05% |
Basic Materials | 3.66% | 0.00% | 16.67% | 8.18% |
Consumer Defense | 3.64% | 0.00% | 19.07% | 46.54% |
Utilities | 2.14% | 0.00% | 10.98% | 9.00% |
Real Estate | 1.06% | 0.00% | 22.68% | 56.43% |
Energy | 0.09% | 0.00% | 9.24% | 30.26% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HPEYX % Rank | |
---|---|---|---|---|
US | 95.38% | 11.18% | 133.53% | 41.71% |
Non US | 0.81% | 0.00% | 82.96% | 83.20% |
Bond Sector Breakdown
Weighting | Return Low | Return High | HPEYX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 89.57% | 0.00% | 100.00% | 90.17% |
Corporate | 7.09% | 0.00% | 100.00% | 8.53% |
Securitized | 2.89% | 0.00% | 43.86% | 0.54% |
Government | 0.45% | 0.00% | 49.75% | 2.15% |
Derivative | 0.00% | 0.00% | 100.00% | 25.50% |
Municipal | 0.00% | 0.00% | 9.37% | 19.82% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | HPEYX % Rank | |
---|---|---|---|---|
US | 0.14% | -0.75% | 24.39% | 1.71% |
Non US | -0.21% | -0.21% | 2.90% | 99.85% |
HPEYX - Expenses
Operational Fees
HPEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.56% | 0.01% | 23.28% | 20.84% |
Management Fee | 0.60% | 0.00% | 1.50% | 41.32% |
12b-1 Fee | N/A | 0.00% | 1.00% | 10.05% |
Administrative Fee | 0.20% | 0.01% | 1.02% | 85.64% |
Sales Fees
HPEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
HPEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 5.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
HPEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 358.00% | 99.85% |
HPEYX - Distributions
Dividend Yield Analysis
HPEYX | Category Low | Category High | HPEYX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.76% | 22.22% |
Dividend Distribution Analysis
HPEYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
HPEYX | Category Low | Category High | HPEYX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.24% | -56.00% | 1.99% | 63.26% |
Capital Gain Distribution Analysis
HPEYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Daily | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 23, 2019 | $0.184 | |
Dec 31, 2013 | $0.110 | |
Dec 14, 2012 | $0.201 | |
Dec 23, 2009 | $0.085 | |
Dec 24, 2008 | $0.096 | |
Dec 21, 2006 | $0.172 | |
Dec 22, 2005 | $0.057 |
HPEYX - Fund Manager Analysis
Managers
James Dondero
Start Date
Tenure
Tenure Rank
Feb 01, 2016
5.08
5.1%
Mr. Dondero is also the co-founder and President of Highland, founder and President of NexPoint Advisors, L.P., Chairman of the board of directors, Chief Executive Officer and member of the investment committee of NXRT, President of NexPoint Capital, Inc., President of NMCT, director for American Banknote Corporation, director for Metro-Goldwyn-Mayer, director for Jernigan Capital, Inc., Chairman of the board of directors for Cornerstone Healthcare, Chairman of the board of directors for CCS Medical, and Chairman of NexBank, an affiliated bank that is majority owned by Mr. Dondero. Mr. Dondero has over 30 years of experience investing in credit and equity markets and has helped pioneer credit asset classes. Prior to founding Highland Capital Management in 1993, Mr. Dondero served as Chief Investment Officer of Protective Life’s GIC subsidiary and helped grow the business between 1989 and 1993. His portfolio management experience includes mortgage-backed securities, investment grade corporates, leveraged bank loans, high-yield bonds, emerging market debt, real estate, derivatives, preferred stocks and common stocks. From 1985 to 1989, he managed in fixed income funds for American Express. Mr. Dondero received a BS in Commerce (Accounting and Finance) from the University of Virginia, and is a Certified Managerial Accountant and a Chartered Financial Analyst.
Michiel Hurley
Start Date
Tenure
Tenure Rank
Dec 01, 2018
2.25
2.3%
Michiel Hurley is Chief Market Strategist for Highland Capital Management Fund Advisors, L.P. He joined the firm in 2011 and, prior to that, served as a Portfolio Manager with Fusion Asset Management, LLC. Prior to that, he served as Chief Technical Strategist for several boutique research firms, including: M.S. Howells & Co., Sound View Technology Group and E*Offering (The Investment Bank of E*TRADE). From 1986 to 1994 he served as a commissioned officer in the United States Navy. Mr. Hurley is a graduate of the University of California, Santa Barbara where he received B.A. degrees in both Business Economics and Chemistry. He is Series 7, 63 & 65 licensed and is a Chartered Market Technician (CMT).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 53.19 | 7.73 | 1.16 |