NexPoint Diversified Real Estate Trust | 5.50% Series A Preferred Shares (NXDT.PRA)
Prospectus excerpt: NexPoint Diversified Real Estate Trust formerly, NexPoint Strategic Opportunities Fund 5.50% Series A Preferred Shares, liquidation preference $25 per share, redeemable at the issuer's option on or after 12/15/2023 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 5.50% per annum ($1.375 per annum or $0.34375 per quarter) will be paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record on the record date fixed by the board, prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date).
About NexPoint Diversified Real Estate Trust (NXDT)
NexPoint Diversified Real Estate Trust is registered as a non-diversified, closed-end management investment company. The Fund's investment objectives are to provide both current income and capital appreciation.
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