The NexPoint Diversified Real Estate Trust declares a regular monthly distribution News

DALAS, June 1, 2022 / PRNewswire / – The NexPoint Diversified Real Estate Trust (NYSE: NXDT) (“NXDT” or “Company”) today announced its regular monthly distribution of its common stock of $ 0.05 per share. Distribution will be paid further June 30, 2022 a shareholder registered at the time of closing the business June 23, 2022.

About NexPoint Diversified Real Estate Trust (NXDT)

The NexPoint Diversified Real Estate Trust (NYSE: NXDT) is a closed-end fund managed by NexPoint Advisors, LP, which is in the process of being transformed into a diversified REIT. On August 28, 2020, shareholders approved the conversion proposal and amended the company’s fundamental investment policies and restrictions to allow the company to conduct new business. The company is restructuring its portfolio so that it is no longer an “investment company” under the Investment Companies Act of 1940 (the “Act of 1940”). On March 31, 2021The Company has applied to the Securities and Exchange Commission (“SEC”) (“Application for Cancellation of Registration”) to issue an order under the 1940 Act stating that the Company is no longer an investment company (“Registration Cancellation Order”). “). On September 13, 2021, November 5, 2021, December 2, 2021and May 19, 2022, The company amended the Application for deregistration, which contains additional information on the restructuring of the company’s portfolio. The company will continue to be structured as a registered closed-end investment company until it receives a deregistration order; however, the Company has changed its portfolio sufficient to achieve REIT tax status, and has been operating in this form since the 2021 tax year so that it can continue to qualify for taxation as a REIT.

Effective November 8, 2021The NHF has changed its name to the NexPoint Diversified Real Estate Trust and is traded on the New York Stock Exchange under the NXDT ticker.

For more information, visit

About NexPoint Advisors, LP

NexPoint Advisors, LP is an SEC-registered consultant on the alternative investment platform NexPoint. He serves as a consultant on a number of funds and investment funds, including closed-end fund, interval fund, business development company (“BDC”) and various real estate assets. For more information, visit

Risks and disclosure

Investors should carefully consider the NexPoint Diversified Real Estate Trust’s investment objectives, risks, fees and costs before investing. This and other information can be found in the company’s prospectus, which can be obtained by calling 1-866-351-4440 or visit Please read the prospectus carefully before investing.

Shares of closed-end investment companies are often traded at a discount to net asset value. The value of the Company’s shares is determined by a number of factors, some of which are not controlled by the Company. Therefore, the Company cannot predict whether its shares will be traded at net asset value, lower or higher. Past results do not guarantee future results.

Distribution may include return on capital. Please refer to the Distribution Source at NexPoint Advisors a website for section 19 reports indicating the approximate amounts and sources of the company’s distribution that should not be relied upon for tax reporting purposes.

Although NexPoint is committed to transforming REIT, it still depends on regulatory approval and the ability to reconfigure the NXDT portfolio to gain REIT status and deregister as an investment company. The time required to reconfigure the company’s portfolio could be affected, inter alia, by the COVID-19 pandemic and related market volatility, determination to retain capital, the company’s ability to identify and implement desired investments, and relevant regulations, lender and governance. requirements. The conversion process can take up to 24 months; and there can be no assurance that converting NXDT to REIT status will improve its performance or reduce the discount to NAV. In addition, the SEC may decide not to comply with the company’s request to cancel the registration, which will significantly change the company’s plans regarding its business and investments.

In addition, these actions may adversely affect the Company’s financial condition, return on investment, results of operations, cash flow, share price of its ordinary shares and ability to meet debt service obligations, if any, and distribute cash to shareholders. Whether the Company remains a registered investment company or transitions to REIT, its common stock, like investments in any other public company, is exposed to investment risks, including possible loss of investment. For a discussion of some of the other risks associated with the proposed conversion to REIT, see “Implementation of the proposal to change the business and the risks associated with it” in a statement of the trustee.

It is impossible to give confidence that the Company will achieve its investment goals.

Please see additional risks and disclosures at

View original content:

SOURCE NexPoint Diversified Real Estate Trust

Source link