NexPoint Credit Strategies Fund (NHF) plans to separate its business into two separate companies: NexPoint Credit Strategies Fund (NHF) and NexPoint Residential Trust (NXRT). NHF will continue to operate as a non-diversified, closed-end investment company while NXRT will acquire, own, operate and selectively develop multifamily real property. NHF expects to complete the spinoff in Q4 2014. Filing
Spin-Off