Highland Merger Arbitrage Fund Quote
| HMEAX Fund | USD 19.34 0.02 0.10% |
PerformanceWeak
| Odds Of DistressLow
|
Highland Merger is trading at 19.34 as of the 23rd of March 2025; that is 0.10% up since the beginning of the trading day. The fund's open price was 19.32. Highland Merger has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 23rd of December 2024 and ending today, the 23rd of March 2025. Click here to learn more.
The fund normally invests at least 80 percent of the value of its total assets in securities of companies that are involved in publicly-announced mergers or companies that the Adviser believes may be involved in Merger Transactions. It engages in risk arbitrage strategies, particularly merger arbitrage strategies, in order to achieve its investment objective. More on Highland Merger Arbitrage
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Highland Mutual Fund Highlights
| Fund Concentration | Highland Funds, Large Funds, Event Driven Funds, Event Driven, Highland Funds, Large, Event Driven (View all Sectors) |
| Update Date | 31st of March 2025 |
| Expense Ratio Date | 31st of October 2022 |
| Fiscal Year End | June |
Highland Merger Arbitrage [HMEAX] is traded in USA and was established 23rd of March 2025. Highland Merger is listed under Highland Funds category by Fama And French industry classification. The fund is listed under Event Driven category and is part of Highland Funds family. This fund currently has accumulated 1.03 B in assets under management (AUM) with no minimum investment requirementsHighland Merger Arbitrage is currently producing year-to-date (YTD) return of 1.21% with the current yeild of 0.05%, while the total return for the last 3 years was 4.25%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Highland Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Highland Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Highland Merger Arbitrage Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Highland Merger Arbitrage Mutual Fund Constituents
| TWLO | Twilio Inc | Stock | Information Technology | |
| BHVN | Biohaven Pharmaceutical Holding | Stock | Health Care | |
| TDOC | Teladoc | Stock | Health Care | |
| MPC | Marathon Petroleum Corp | Stock | Energy | |
| NXPI | NXP Semiconductors NV | Stock | Information Technology | |
| WMB | Williams Companies | Stock | Energy | |
| FG | FG Annuities Life | Stock | Financials | |
| TMHC | Taylor Morn Home | Stock | Consumer Discretionary |
Highland Merger Arbitrage Risk Profiles
| Mean Deviation | 0.0761 | |||
| Semi Deviation | 0.1906 | |||
| Standard Deviation | 0.1647 | |||
| Variance | 0.0271 |
Highland Merger Against Markets
Other Information on Investing in Highland Mutual Fund
Highland Merger financial ratios help investors to determine whether Highland Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Highland with respect to the benefits of owning Highland Merger security.
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