X0206 3 2016-07-12 0 0001663712 NEXPOINT REAL ESTATE STRATEGIES FUND NONE 0001167365 HIGHLAND CAPITAL MANAGEMENT LP 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 0 0 1 1 Affiliated Person Class Z Shares of Beneficial Interest 50150.451 D Highland Capital Management, L.P., By: Strand Advisors, Inc., its general partner, By: James Dondero, President, /s/ James Dondero 2016-07-14