NPORT-P
false
0001663712
XXXXXXXX
NEXPOINT REAL ESTATE STRATEGIES FUND
811-23129
0001663712
254900I8YGFSQ717PG17
200 CRESCENT COURT
SUITE 700
DALLAS
75201
9726284100
NEXPOINT REAL ESTATE STRATEGIES FUND
254900I8YGFSQ717PG17
2020-12-31
2020-12-31
N
16664373.21
209853.10
16454520.11
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
459753.36000000
N
N/A
N/A
CREATIVE SCIENCE PROPERTIES INC PREFERRED STOCK
22530K207
100000.00000000
NS
USD
1661000.00000000
10.09449068642
Long
EP
US
N
3
N
N
N
NEXPOINT RESIDENTIAL TRUST, INC.
549300U2J6XVYBF87166
NEXPOINT RESIDENTIAL REIT
65341D102
36822.00000000
NS
USD
1557938.82000000
9.468151058706
Long
EC
US
N
1
N
N
N
N/A
N/A
SFR WLIF I, LLC
N/A
2000000.00000000
NS
USD
1628300.00000000
9.895761098559
Long
EC
US
N
3
N
N
N
ZAYO GROUP HOLDINGS, INC.
529900Z6OTS7RT0V0I47
NRESF REIT SUB, LLC Common Stock
98919V105
129718571.09410000
NS
USD
2568427.71000000
15.60925321935
Long
EC
US
N
3
N
N
N
PLYMOUTH INDUSTRIAL REIT, INC.
N/A
PLYMOUTH INDUSTRIAL REIT INC REIT
729640102
33300.00000000
NS
USD
499500.00000000
3.035640034840
Long
EC
US
N
1
N
N
N
Dreyfus Treasury Obligations Cash Management; Institutional Shares
N/A
DREYFUS TREASURY PRIME CASH MANAGEMENT/ CLASS A
261908107
427151.84000000
PA
USD
427151.84000000
2.595954407326
Long
STIV
US
N
1
N
N
N
CIFC FUNDING LTD
N/A
CIFC 2014-5A SUB - CIFC Funding 2014-V Ltd 10/17/2031
12550BAE4
250000.00000000
PA
USD
114649.50000000
0.696765990339
Long
ABS-MBS
KY
N
3
2031-10-17
Floating
0.00000000
N
N
N
N
N
N
N/A
N/A
UNITED DEVELOPMENT FUNDING I REIT
910187103
55029.00000000
NS
USD
67135.38000000
0.408005700264
Long
EC
US
N
3
N
N
N
Nexpoint Real Estate Finance Inc
N/A
NREF OP I REIT REIT
65342V101
12341.93000000
NS
USD
203888.68000000
1.239104383701
Long
EC
US
N
2
N
N
N
N/A
N/A
JCAP CLASS A EQUITY
N/A
2001.24800000
NS
USD
2128273.21000000
12.93427699970
Long
EC
US
N
3
N
N
N
Freddie Mac
N/A
FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K097 X3
3137FNX88
336832.00000000
PA
USD
48269.47000000
0.293350822007
Long
DBT
USGA
US
N
2
2046-09-25
Floating
2.08563840
N
N
N
N
N
N
Nexpoint Real Estate Finance Inc
N/A
NEXPOINT REAL ESTATE FINANCE REIT
65342V101
65700.00000000
NS
USD
1085364.00000000
6.596144966515
Long
EC
US
N
1
N
N
N
WASHINGTON REAL ESTATE INVESTMENT TRUST
549300DI34BGS8LVKW95
WASHINGTON REIT REIT
939653101
5500.00000000
NS
USD
118965.00000000
0.722992826315
Long
EC
US
N
1
N
N
N
ASHFORD HOSPITALITY TRUST
N/A
ASHFORD HOSPITALITY TRUST 2018-KEYS AHT1 2018-KEYS E
04410CAN9
200000.00000000
PA
USD
173609.76000000
1.055088564354
Long
ABS-MBS
US
Y
2
2035-06-15
Floating
4.29087960
N
N
N
N
N
N
N/A
N/A
CREEK PINE HOLDINGS LLC CREEK PINE HOLDINGS LLC
933JZQ907
1508.33300000
NS
USD
2049614.89000000
12.45624227445
Long
EP
US
N
3
N
N
N
Nexpoint Real Estate Finance Inc
N/A
NEXPOINT REAL ESTATE FINANCE OPERATING PARTNERSHIP
65342V101
105210.87000000
NS
USD
1738083.57000000
10.56295509307
Long
EC
US
N
2
N
N
N
N/A
N/A
FHMS K097 X3 1.260%
FREMRR035
-31000.00000000
PA
USD
-31000.00000000
-0.18839808024
Short
RA
US
N
2
Reverse repurchase
N
1.26000000
2021-01-18
47156.48000000
USD
31000.00000000
USD
ABS
N
N
N
CIFC FUNDING LTD
N/A
CIFC 2015-1A SUB - CIFC Funding 2015-I Ltd 01/22/2031
12548NAG8
250000.00000000
PA
USD
98437.50000000
0.598239871730
Long
ABS-MBS
KY
N
2
2031-01-22
Floating
0.00000000
N
N
N
N
N
N
2020-12-31
NEXPOINT
Jason Post
Jason Post
CCO