Highland Funds Announces Quarterly Market & Fund Updates

October 19, 2009 5:35 PM EDT

DALLAS--(BUSINESS WIRE)-- Please join us for an informative webcast with Highland Funds. The Portfolio Managers of the Highland Family of Funds will discuss the third quarter of 2009, as well as provide their insight and thoughts on the market.

Consistent with previous updates, questions can be submitted via our website at https://www.hcmlp.com/Retail/Contact.aspx. The deadline for submitting questions is Friday, October 30, 2009 at 4:00 p.m. EDT/3:00 p.m. CDT. On the "Contact Us" page, please select the fund your question is in relation to, select "Conference Call Question" as your topic, type your question in the text box provided, and select "Submit".

We will be posting the pre-recorded webcasts on our website, www.highlandfunds.com. There will be several webcasts consisting of a Credit Market update and separate fund specific updates for Highland Floating Rate Fund & Highland Floating Rate Advantage Fund, Highland Long/Short Equity Fund, and Highland Credit Strategies Fund (NYSE: HCF).

The webcasts are scheduled to be released starting the week of November 9, 2009. Notices will be sent via the website once each webcast has been posted, with specific instructions on where they are located. To receive these and future notifications, please select email subscription along the navigation bar at www.highlandfunds.com, fill out the required fields, and select "Save".

For more information please call 877.665.1287.

About Highland Funds

Highland Funds is managed by Highland Capital Management, L.P. ("Highland"). Based in Dallas, Texas, with offices in New York, Singapore, and an affiliate in London, Highland is an investment adviser registered with the SEC, specializing in credit and alternative investment strategies.

Highland Funds consists of a number of distinct registered investment companies falling into three types: open-end "mutual" funds; closed-end "interval" funds; and traditional closed-end funds.

This press release may contain forward-looking statements describing future plans and objectives. These forward-looking statements, as well as future oral and written statements by the management of Highland Funds, are subject to various risks and uncertainties, which could cause actual results and conditions to differ materially from those projected, including the uncertainties associated with the timing of transaction closings, changes in interest rates, availability of transactions, the future operating results of our portfolio companies, changes in regional, national, or international economic conditions and their impact on the industries in which we invest, or changes in the conditions of the industries in which we invest, and other factors enumerated in our filings with the Securities and Exchange Commission ("SEC").

We may use words such as "anticipates," "believes," "expects," "intends," "will," "should," "may," "plans," "could," "estimates," "potential," "continue," "target," or the negative of these terms or other similar expressions to identify forward-looking statements. Undue reliance should not be placed on such forward-looking statements as such statements speak only as of the date on which they are made. We do not undertake to update our forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.

Investors should consider the investment objectives, risks, charges and expenses of the Highland Funds carefully before investing. Please call 1.877.665.1287 or visit www.highlandfunds.com for more information on the Funds. Please read the prospectus carefully before you invest.

Securities may be offered through NexBank Securities, Inc., an affiliate of Highland Capital Management, L.P. NexBank Securities, Inc. is a FINRA member firm.

    Source: Highland Funds

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