Highland/iBoxx Senior Loan ETF (the “Fund”) (NYSE: SNLN) declared a regular distribution, for February 2013, of $0.085 per share, payable on the last business day of the month to holders of record at the close of business February 20, 2013.
|Ordinary||ST Cap Gain||LT Cap Gain||Total|
|February 28, 2013||$||0.085||$||—||$||—||$||0.085|
|January 31, 2013||$||0.099||$||—||$||—||$||0.099|
|December 31, 2012||$||0.149||$||—||$||—||$||0.149|
The distribution amount is based on an estimation of investment income and may or may not include a return of capital. The distribution amount is based solely on actual distributions, which are made at the discretion of the Fund. As of February 13, 2013 the 30 Day SEC Yield was 5.25%.
|Total Returns as of 12/31/12||1 Month||Since Inception (11/6/12)|
|Highland/iBoxx Senior Loan ETF (NAV)||1.10%||0.60%|
|Highland/iBoxx Senior Loan ETF (Market Price)||1.35%||1.45%|
|Total Returns as of 1/31/13||1 Month||Since Inception (11/6/12)|
|Highland/iBoxx Senior Loan ETF (NAV)||1.65%||2.26%|
|Highland/iBoxx Senior Loan ETF (Market Price)||1.44%||2.91%|
Total operating expenses as of the most recent fund prospectus are 0.55%. Performance data represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. For most recent month-end performance please visit www.highlandfunds.com or call 1-855-799-4757.
This press release is not for tax reporting purposes but is being provided to announce the amount of the Fund’s distributions that have been declared by the Fund. In early 2014, after definitive information is available, the Fund will send shareholders a Form 1099-DIV specifying how the distributions paid by the Fund during the calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, short-term capital gain, long-term capital gain or return of capital).