NexPoint Real Estate Strategies Fund Class Z is a closed‑end interval fund that targets long‑term total return with an emphasis on current income. It primarily invests across private and public real estate‑related debt, equity, and preferred equity, allocating at least 80% of assets to real estate and related securities under normal conditions. The strategy spans multiple property sectors and employs deep fundamental research with event‑driven and, where appropriate, activist approaches to unlock value. The fund structure allows periodic share repurchases at net asset value, offering exposure to less liquid real estate opportunities while managing liquidity through the interval framework. Positioned as a diversifier alongside traditional stock and bond holdings, the fund seeks to capitalize on value gaps between public and private real estate markets and may use leverage consistent with its mandate. Class Z shares are part of a continuous offering alongside other share classes and participate in the fund’s distribution policy, which emphasizes income and may include various sources as disclosed in fund documents.
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