Highland Opportunities Welcomes New Portfolio Manager to HFRO

Highland Opportunities Welcomes New Portfolio Manager

The Highland Opportunities and Income Fund (HFRO) has taken a significant step in enhancing its portfolio management team with the recent announcement of Brad Heiss joining as a new portfolio manager. This strategic move is set to strengthen the Fund's investment strategies and overall performance.

Brad Heiss Joins the Team

Effective immediately, Brad Heiss brings over two decades of wealth management experience to the Highland Opportunities and Income Fund. His impressive background includes his role as executive vice president and chief investment officer at NexAnnuity, an affiliated business focused on retirement solutions, including insurance products. Mr. Heiss has a substantial history of managing investments, particularly in the financial services sector.

A Wealth of Experience

He began his career at Goldman Sachs, where he was an analyst in the Financial Institutions Group within their investment banking division. This foundational experience laid the groundwork for his impressive career trajectory. He subsequently worked as an investment analyst at renowned firms such as Maverick Capital and Citadel Advisors before joining NexPoint in 2013.

Strategic Goals for the Fund

Scott Johnson, Managing Director and Portfolio Manager of the Highland Opportunities and Income Fund, expressed enthusiasm about Mr. Heiss’s arrival. "We are pleased to add Brad as a portfolio manager to HFRO. His sector expertise and portfolio management experience will be a valuable addition as we look to optimize the Fund's portfolio and continue efforts to reduce the discount to NAV, thereby maximizing value for HFRO investors," he stated.

About Highland Opportunities and Income Fund (HFRO)

The Highland Opportunities and Income Fund is a closed-end investment vehicle managed by NexPoint Asset Management, L.P. Its objective is to provide investors with attractive income while also focusing on capital appreciation over the long term. The Fund aims to achieve these goals through a diversified portfolio of investments.

NexPoint Asset Management Overview

NexPoint Asset Management is a registered investment adviser. The firm provides advisory services to a suite of registered funds, comprising both open-end mutual funds and closed-end funds. With a focus on delivering value to its investors, NexPoint operates with a commitment to transparency and performance.

Continuous Improvement and Commitment

This latest appointment is part of a broader strategy to enhance the Fund's capabilities. By integrating experienced financial professionals like Brad Heiss, HFRO aims to position itself for success in a competitive investment landscape. As the Fund forges ahead, it remains committed to delivering significant value to its investors through meticulous portfolio management and strategic decision-making.

Frequently Asked Questions

Who is Brad Heiss?

Brad Heiss is the new portfolio manager for the Highland Opportunities and Income Fund, bringing over 20 years of investment management experience.

What is the role of Highland Opportunities and Income Fund?

The Fund aims to provide investors with attractive income and capital appreciation through a diversified portfolio of investments.

How does Brad Heiss enhance the management team?

His extensive experience in finance and investment management will aid in optimizing the Fund’s strategies for better performance.

What strategies will the Fund implement with the new addition?

The Fund will focus on maximizing value for investors while working to reduce the discount to net asset value (NAV).

What is NexPoint Asset Management?

NexPoint Asset Management is an SEC-registered investment adviser overseeing a variety of investment funds, including closed-end and open-end mutual funds.

About The Author

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