SEC Form 4 · accession 0000899243-17-020367

NEXPOINT REAL ESTATE STRATEGIES FUND · "NRESF"

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — See Remarks · 10% Owner

Period of report

Aug 11, 2017

Accepted (ET)

Aug 15, 2017 · 5:39 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001663712

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Class Z Shares of Beneficial Interest^F2	Aug 11, 2017	S	96,400	$20.57	A	51,474	I	See Footnote
Class Z Shares of Beneficial Interest^F3	holding	—	—		—	5,222	I	See Footnote
Class Z Shares of Beneficial Interest^F4	holding	—	—		—	144,271	I	See Footnote

No Table II lines on this filing.

F1There were no matchable transactions during the previous six months at a purchase price below the sales price. Therefore, no disgorgement was necessary.
F2These shares are held by Highland Capital Management, L.P ("HCMLP") both directly and indirectly through advised accounts. The Reporting Person is the President and a director of Strand Advisors, Inc., HCMLP's general partner, and may be deemed to be an indirect beneficial owner of shares held by HCMLP. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3These shares are held by NexPoint Advisors, L.P. ("NexPoint"). The Reporting Person is the President and a director of NexPoint Advisors GP, LLC, NexPoint's general partner, and may be deemed to be an indirect beneficial owner of shares held by NexPoint. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4These shares are held by The Dugaboy Investment Trust. Mr. Dondero disclaims beneficial ownership of such shares.

President (Principal Executive Officer)