X0306 4 2016-08-23 0 0001356115 NexPoint Credit Strategies Fund "NHF" 0001228922 DONDERO JAMES D 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 0 0 1 1 Affiliated Person Common Stock 2016-08-23 5 J 0 E 45828.74 22.0417 A 688292.4424 I See Footnote Common Stock 19860.5346 I By employee benefit plan Common Stock 2082505.13 I See Footnote Common Stock 4186.178 D Common Stock 41358.9774 I By trust Shares acquired in connection with issuer's dividend reinvestment plan with all purchases funded and instructions given on or about August 1, 2016. Under operation of the plan, monthly purchases are conducted by the plan administrator evenly over the course of approximately the first 20 days after initial funding date. These shares are held by Highland Capital Management, L.P. ("HCMLP") both directly and indirectly through advised accounts. Mr. Dondero is the President and the director of Strand Advisors, Inc., HCMLP's general partner, and may be deemed to be an indirect beneficial owner of shares held by HCMLP. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Includes shares acquired under the issuer's dividend reinvestment plan. These shares are held pursuant to an employee benefit plan. These shares are held by The Dugaboy Investment Trust pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares. These shares are held directly by Mr. Dondero. /s/ James D. Dondero 2016-08-25