X0306 4 2018-11-28 0 0001356115 NexPoint Strategic Opportunities Fund ?NHF? 0001228922 DONDERO JAMES D 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 0 1 1 0 See Remarks Common Stock 2018-11-28 4 S 0 888731 22.09 D 1571289.7588 I See Footnote Common Stock 2018-11-28 4 P 0 888731 22.09 A 1571289.7588 I See Footnote Common Stock 2018-11-28 5 J 0 E 22537.446 22.19 A 1598622.0829 I See Footnote Common Stock 43375.8521 I By employee benefit plan Common Stock 2931016.7456 I See Footnote Common Stock 1015991 I See Footnote Common Stock 9479.6202 D The Reporting Person's purchase and sale of NexPoint Strategic Opportunities Fund ("NHF") common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934. The Reporting Person has disgorged $77.16 to NHF, representing the full amount of his pecuniary interest in the deemed profit realized in connection with the short-swing transaction, less transaction costs. 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. Shares acquired in connection with issuer's dividend reinvestment plan. Under operation of the plan, monthly purchases are conducted by the plan administrator evenly over the course of approximately the first 20 days of the month. 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 by certain managed accounts ultimately advised by Mr. Dondero (collectively, the "Highland Accounts"). Mr. Dondero may be deemed to have an indirect beneficial owner of shares held by the Highland Accounts. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. These shares are held directly by Mr. Dondero. President and Principal Executive Officer /s/ James D. Dondero 2018-11-30