American Stock Transfer & Trust Company (AST) has been appointed as transfer agent to NexPoint Credit Strategies Fund, a closed-end fund managed by NexPoint Advisors, an affiliated adviser of Highland Capital Management based in Dallas, Texas.
AST Fund Solutions, the closed-end and mutual fund affiliate of AST, also serves as the fund’s proxy solicitor.
NexPoint Credit Strategies Fund invests primarily in below investment grade debt and equity securities and has the ability to hedge risk. NexPoint Advisors attempts to exceed the return of Dow Jones Credit Suisse Hedge Fund Index in a transparent, registered fund format with monthly dividends.
“We are proud to partner with a well-established firm like NexPoint,” says Mark C Healy (pictured), president and chief executive officer of AST. “AST’s sophisticated transfer agent offering is the perfect solution to address NexPoint’s issuer and shareholder needs. We are committed to providing superior client service and the latest technology, and look forward to cultivating this new customer relationship.”
“We believe AST offers the best overall solutions and growth opportunities for our fund and shareholders and we are excited to partner with them,” says Brian Mitts, chief operations officer of NexPoint Advisors.
