C000141936 Performance — Highland Opportunistic Credit Fund, Class Z
Data updated: 2021-03-01
C000141936 returned −18.13% over one year to Dec 2020. Over one year the fund trailed its Money Market category average: $100 grew to $82, against $106 for the category. Volatility over the past 12 months was 13.83% a year. In the 12 months to Dec 2020 the fund took in a net $8.1M, and assets reached $6.90M.
C000141936 Growth of $100
What $100 invested in Highland Opportunistic Credit Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | C000141936 | Category average |
|---|---|---|
| 1 year (Jan 2020 – Dec 2020) | $82 | $106 |
| Since data start (Jul 2019 – Dec 2020) | $81 | $111 |
C000141936 Trailing Returns
Total returns to Dec 2020, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −18.13% |
C000141936 Annual Returns
Calendar-year total returns of Highland Opportunistic Credit Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2020 | −18.13% |
| 2019 (Jul–Dec) | −1.18% |
C000141936 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | −12.9% | +0.1% | +2.1% | −1.2% | −5.6% | −1.3% | 0.0% | 0.0% | 0.0% | +0.5% | +0.1% | −0.8% |
| 2019 | — | — | — | — | — | — | +0.5% | −0.7% | −0.6% | +2.6% | −0.1% | −2.8% |
C000141936 Risk
Risk measures from monthly returns over Jan 2020 – Dec 2020.
- 1-year volatility (annualised): 13.83%
- Best month: +2.14% (Mar 2020)
- Worst month: −12.86% (Jan 2020)
C000141936 Fund Flows
Monthly money in and out of Highland Opportunistic Credit Fund, from SEC Form N-PORT.
- 12-month net flow: $8.1M
- 12-month gross sales (incl. reinvestments): −$4.1M
- Sales ÷ redemptions: 0.34×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2020 | −$4.5M | −$363K | −$4.1M |
| Nov 2020 | $55K | −$902K | $957K |
| Oct 2020 | $0 | −$958K | $958K |
| Sep 2020 | $64 | −$1.0M | $1.0M |
| Aug 2020 | $4 | −$287K | $287K |
| Jul 2020 | $0 | −$506K | $506K |
| Jun 2020 | $51K | −$1.5M | $1.6M |
| May 2020 | $848K | −$1.9M | $2.7M |
| Apr 2020 | −$859K | −$334K | −$525K |
| Mar 2020 | $111K | −$928K | $1.0M |
| Feb 2020 | $64K | −$795K | $858K |
| Jan 2020 | $63K | −$2.7M | $2.8M |
C000141936 Assets Under Management
Net assets of Highland Opportunistic Credit Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2020-12-31 | $6.90M |
| 2020-09-30 | $9.12M |
| 2020-06-30 | $10.95M |
| 2020-03-31 | $19.08M |
| 2019-12-31 | $26.10M |
| 2019-09-30 | $36.53M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.