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        <name>Despegar.com Corp</name>
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          <other otherDesc="FX Forwards" value="CCTUSD__00083683"/>
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        <name>INTEGRATED RAIL AND RESOURCES ACQUISITION CORP WT</name>
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          <other otherDesc="FX Forwards" value="CCTUSD__00085914"/>
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      <invstOrSec>
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        <lei>KD3XUN7C6T14HNAYLU02</lei>
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          <other otherDesc="FX Forwards" value="CCTUSD__00085832"/>
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      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
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          <other otherDesc="FX Forwards" value="CCTUSD__00083522"/>
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        <name>INTRA-CELLULAR THERAPIES INC</name>
        <lei>N/A</lei>
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          <isin value="US46116X1019"/>
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        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>CHEVRON CORPORATION</name>
        <lei>N/A</lei>
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        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>FX Forward Contract: USD/GBP SETTLE 2025-04-09</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00085998"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
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      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
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          <other otherDesc="FX Forwards" value="CCTUSD__00085999"/>
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        <securityLending>
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      <invstOrSec>
        <name>AltEnergy Acquisition Corp</name>
        <lei>N/A</lei>
        <title>ALTENERGY ACQUISITION CORP WT EXPIRATION: 11/02/28</title>
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      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
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      <invstOrSec>
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        <name>SolarWinds Corp</name>
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        <name>ENSTAR GROUP LIMITED</name>
        <lei>213800AMAL5QFXVUCN04</lei>
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        <name>UNITED STATES STEEL CORP</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
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        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>FX Forward Contract: USD/EUR SETTLE 2025-11-28</title>
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      </invstOrSec>
      <invstOrSec>
        <name>BTIG</name>
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          <ticker value="ITCI US 05/16/25 P120 Equity"/>
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        <isRestrictedSec>N</isRestrictedSec>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>BTIG</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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                <issuerName>N/A</issuerName>
                <issueTitle>N/A</issueTitle>
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            <unrealizedAppr>148505.97000000</unrealizedAppr>
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      <invstOrSec>
        <name>Apollomics Inc</name>
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          <isin value="KYG0411D1152"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="WAR">
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              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
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                <issuerName>Apollomics Inc</issuerName>
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            <delta>XXXX</delta>
            <unrealizedAppr>-26046.34000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
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          <other otherDesc="All Others" value="TIF122425"/>
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        <balance>6509561.00000000</balance>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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            <upfrontRcpt>0.00000000</upfrontRcpt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED STATES STEEL CORPORATION</name>
        <lei>JNLUVFYJT1OZSIQ24U47</lei>
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          <ticker value="X US 06/20/25 P30 Equity"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>UNITED FIRST PARTNERS</counterpartyName>
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            <putOrCall>Put</putOrCall>
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                <issuerName>UNITED STATES STEEL CORPORATION</issuerName>
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            <delta>XXXX</delta>
            <unrealizedAppr>137500.00000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GCI LIBERTY INC - CLASS A ESCROW</name>
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          <ticker value="GLIBA"/>
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        <isRestrictedSec>N</isRestrictedSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
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          <other otherDesc="FX Forwards" value="CCTUSD__00085567"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>GOLDMAN, SACHS &amp; CO.</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>FX Forward Contract: USD/EUR SETTLE 2025-11-28</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00085773"/>
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        <units>NC</units>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>GOLDMAN, SACHS &amp; CO.</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>UNITED STATES STEEL CORPORATION</name>
        <lei>JNLUVFYJT1OZSIQ24U47</lei>
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          <ticker value="X US 06/20/25 C40 Equity"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>UNITED FIRST PARTNERS</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                <issuerName>UNITED STATES STEEL CORPORATION</issuerName>
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            <unrealizedAppr>-1587500.00000000</unrealizedAppr>
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      <invstOrSec>
        <name>BEACON ROOFING SUPPLY, INC.</name>
        <lei>549300HDXQWWCBOYXP31</lei>
        <title>BEACON ROOFING SUPPLY INC 144A 4.125000% 05/15/2029</title>
        <cusip>073685AH2</cusip>
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          <isin value="US073685AH26"/>
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        <balance>10450000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>JUNIPER NETWORKS, INC.</name>
        <lei>AUHIXNGG7U2U7JEHM527</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
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          <other otherDesc="FX Forwards" value="CCTUSD__00083636"/>
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        <name>RENEWI PLC</name>
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        <name>NORDSTROM, INC.</name>
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        <name>BTIG</name>
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        <name>NEWARK BSL CLO LTD</name>
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        <name>AMINO INC SERIES C</name>
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        <name>AMCOR PLC</name>
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        <name>THE DUN &amp; BRADSTREET CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>AIR TRANSPORT SERVICES GROUP, INC.</name>
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        <name>BTIG</name>
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        <name>ATLANTICA SUSTAINABLE INFRASTRUCTURE LIMITED</name>
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        <name>Playa Hotels &amp; Resorts N.V.</name>
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        <name>PATTERSON COMPANIES, INC.</name>
        <lei>YM48Q2087CUE26GWEK09</lei>
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      <invstOrSec>
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        <name>Appreciate Holdings Inc</name>
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        <name>Just Eat Takeaway.com N.V.</name>
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        <curCd>USD</curCd>
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        <pctVal>0.000117445760</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>GOLDMAN, SACHS &amp; CO.</counterpartyName>
              <counterpartyLei>KD3XUN7C6T14HNAYLU02</counterpartyLei>
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            <amtCurSold>100578.16000000</amtCurSold>
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            <amtCurPur>110409.37000000</amtCurPur>
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            <settlementDt>2025-06-30</settlementDt>
            <unrealizedAppr>1221.01000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
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        <title>FX Forward Contract: USD/EUR SETTLE 2025-06-30</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00081708"/>
        </identifiers>
        <balance>1.00000000</balance>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>GOLDMAN, SACHS &amp; CO.</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>FX Forward Contract: USD/GBP SETTLE 2025-04-09</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00085648"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>19654.01000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>GOLDMAN, SACHS &amp; CO.</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-03-31</ncom:dateSigned>
      <ncom:nameOfApplicant>NexPoint Funds I</ncom:nameOfApplicant>
      <ncom:signature>Stephanie Vitiello</ncom:signature>
      <ncom:signerName>Stephanie Vitiello</ncom:signerName>
      <ncom:title>CCO</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
