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Ward 000000000 N Ethan Powell 000000000 N Dustin Norris 000000000 Y Dr. Bob Froehlich 000000000 N Jason Post 000000000 200 Crescent Court Dallas 75201 XXXXXX N N N N N Highland Capital Funds Distributor Inc 8-69128 000165013 00000000000000000000 Y N PricewaterhouseCoopers LLP 238 5493002GVO7EO8RNNS37 Y Y N N N Highland Global Allocation Fund S000001616 549300Y627XJ58WI3L10 N 3 0 0 N/A N N Y N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Cash collateral reinvestment fee 43154020.23000000 23304.29000000 Rule 22d-1 (17 CFR 270.22d-1) Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 17a-6 (17 CFR 270.17a-6) Y N Y N Highland Capital Management Fund Advisors, L.P. 801-69968 000149653 5493002K2NSYVU046L11 N DST Asset Manager Solutions, Inc. 84-00896 0000000000 N N N IHS Markit Ltd. 549300HLPTRASHS0E726 GB N Ice Data Services, Inc. 5493000NQ9LYLDBCTL34 N Thomson Reuters Corporation 549300561UZND4C7B569 CA N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N DST Asset Manager Solutions, Inc. 0000000000 N N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N NexBank Securities, Inc. 8-66705 000133267 5493000R7PCXD7JZMO73 0.00000000 Highland Capital Funds Distributor Inc 8-69128 000165013 00000000000000000000 0.00000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 56777.53000000 Pershing LLC 8-17574 000007560 ZI8Q1A8EI8LQFJNM0D94 75841.47000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 54144.12000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 39896.64000000 JPMorgan Chase & Co. 8-35008 000000079 8I5DZWZKVSZI1NUHU748 136624.98000000 RBC Capital Markets, LLC 8-45411 000031194 549300LCO2FLSSVFFR64 15355.59000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 68437.20000000 Cantor Fitzgerald & Co. 8-201 000000134 5493004J7H4GCPG6OB62 21010.55000000 Bank Of America Merrill Lynch Securities Inc 8-33359 000016139 0000000000 242661.55000000 Investment Technology Group, Inc. 8-44218 000029299 0000000000 44397.47000000 814784.48000000 Barclays Capital Inc. 8-41342 000019714 AC28XWWI3WIBK2824319 19678191.51000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 77126098.84000000 Nomura Securities International, Inc. 8-15255 000004297 OXTKY6Q8X53C9ILVV871 22863158.34000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 48064116.40000000 JPMorgan Chase & Co. 8-35008 000000079 8I5DZWZKVSZI1NUHU748 37720723.20000000 Bank Of America Merrill Lynch Securities Inc 8-33359 000016139 0000000000 36747022.41000000 Deutsche Bank Capital Corporation 8-15774 000005323 0000000000 17029021.14000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 50884681.44000000 State Street Bank and Trust Company N/A 000000000 571474TGEMMWANRLN572 143365257.30000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 8504616.00000000 495047002.37000000 Y 527430686.15000000 N Highland Premier Growth Equity Fund S000001621 549300N5YQR3CCO2G484 N 3 0 0 N/A N N Y N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Cash collateral reinvestment fee 164890922.99000000 47151.52000000 Rule 22d-1 (17 CFR 270.22d-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 12d1-1 (17 CFR 270.12d1-1) N N N N Highland Capital Management Fund Advisors, L.P. 801-69968 000149653 5493002K2NSYVU046L11 N DST Asset Manager Solutions, Inc. 84-00896 0000000000 N N N Thomson Reuters Corporation 549300561UZND4C7B569 CA N N State Street Bank and Trust Company (London, GB, Branch) 0000000000 GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Hongkong and Shanghai Banking Corporation Limited (Auckland, Auckland, NZ, Branch) 2HI3YI5320L3RW6NJ957 NZ N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Mizuho Bank, Ltd. (Minato ku, Tokyo, JP, Branch) RB0PEZSDGCO3JS6CEU02 JP N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Banco Nacional de Mexico, S.A., Integrante del Grupo Financiero Banamex 2SFFM4FUIE05S37WFU55 MX N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) UBS Switzerland AG 549300WOIFUSNYH0FL22 CH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Euroclear PLC 54930045L3MXWBD27H71 CH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Skandinaviska Enskilda Banken A/S 0000000000 DK N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Deutsche Bank Aktiengesellschaft (Amsterdam, Noord Holland, NL, Branch) 7LTWFZYICNSX8D621K86 NL N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) UniCredit Bank Hungary Zrt. 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LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 30184.08000000 Investment Technology Group, Inc. 8-44218 000029299 0000000000 58199.60000000 Deutsche Bank Capital Corporation 8-15774 000005323 0000000000 42047.44000000 Bank Of America Merrill Lynch Securities Inc 8-33359 000016139 0000000000 59194.00000000 Robert W. Baird & Co. Incorporated 8-00497 000008158 549300772UJAHRD6LO53 23320.00000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 79118.67000000 JPMorgan Chase & Co. 8-35008 000000079 8I5DZWZKVSZI1NUHU748 42790.86000000 National Financial Services Corporation 8-26740 000013041 549300EJM5SBRQSYKC50 39591.20000000 RBC Capital Markets, LLC 8-45411 000031194 549300LCO2FLSSVFFR64 26737.01000000 516202.46000000 National Financial Services Corporation 8-26740 000013041 549300EJM5SBRQSYKC50 74460.00000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 167787.50000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 13420.00000000 State Street Bank and Trust Company N/A 000000000 571474TGEMMWANRLN572 198000.00000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 54123.00000000 Pershing LLC 8-17574 000007560 ZI8Q1A8EI8LQFJNM0D94 26455.00000000 JPMorgan Chase & Co. 8-35008 000000079 8I5DZWZKVSZI1NUHU748 2118167.00000000 Deutsche Bank Capital Corporation 8-15774 000005323 0000000000 13424.00000000 Bank Of America Merrill Lynch Securities Inc 8-33359 000016139 0000000000 2006000.00000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 3752.00000000 4675588.50000000 Y 154513016.60000000 N Highland Energy MLP Fund S000033738 549300KIPFK9K538BD14 N 3 0 0 N/A Y N Y N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N/A N/A N/A Rule 32a-4 (17 CFR 270.32a-4) Rule 12d1-1 (17 CFR 270.12d1-1) Rule 22d-1 (17 CFR 270.22d-1) Y Y Y N Highland Capital Management Fund Advisors, L.P. 801-69968 000149653 5493002K2NSYVU046L11 N DST Asset Manager Solutions, Inc. 84-00896 0000000000 N N N Thomson Reuters Corporation 549300561UZND4C7B569 CA N N Euroclear PLC 54930045L3MXWBD27H71 CH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Trust Company Canada 549300L71XG2CTQ2V827 CA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) State Street Bank and Trust Company (London, GB, Branch) 0000000000 GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) N DST Asset Manager Solutions, Inc. 0000000000 N N N Highland Capital Management Fund Advisors, L.P. 5493002K2NSYVU046L11 Y N State Street Bank and Trust Company 571474TGEMMWANRLN572 N Y N Highland Capital Funds Distributor Inc 8-69128 000165013 00000000000000000000 0.00000000 NexBank Securities, Inc. 8-66705 000133267 5493000R7PCXD7JZMO73 0.00000000 Societe Generale 8-49963 000042731 O2RNE8IBXP4R0TD8PU41 FR 1200.00000000 Cantor Fitzgerald & Co. 8-201 000000134 5493004J7H4GCPG6OB62 1287.42000000 JPMorgan Chase & Co. 8-35008 000000079 8I5DZWZKVSZI1NUHU748 7723.49000000 Pershing LLC 8-17574 000007560 ZI8Q1A8EI8LQFJNM0D94 1348.56000000 Bank Of America Merrill Lynch Securities Inc 8-33359 000016139 0000000000 3365.68000000 STIFEL NICOLAUS & CO INC. 8-1447 000000793 5WUVMA08EYG4KEUPW589 3502.00000000 18427.15000000 0.00000000 Y 26594018.45000000 N Highland Fixed Income Fund S000001613 254900CBZHWE9LBS7A92 N 3 0 0 N/A N N Y N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Cash collateral reinvestment fee 76073178.31000000 38176.87000000 Rule 32a-4 (17 CFR 270.32a-4) Rule 22d-1 (17 CFR 270.22d-1) Rule 12d1-1 (17 CFR 270.12d1-1) Y Y Y N Highland Capital Management Fund Advisors, L.P. 801-69968 000149653 5493002K2NSYVU046L11 N First Foundation Advisors 801-35973 000137852 00000000000000000000 N N DST Asset Manager Solutions, Inc. 84-00896 0000000000 N N N Thomson Reuters Corporation 549300561UZND4C7B569 CA N Bloomberg L.P. 549300B56MD0ZC402L06 N Ice Data Services, Inc. 5493000NQ9LYLDBCTL34 N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) State Street Bank and Trust Company (London, GB, Branch) 0000000000 GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Banco Nacional de Mexico, S.A., Integrante del Grupo Financiero Banamex 2SFFM4FUIE05S37WFU55 MX N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Euroclear PLC 54930045L3MXWBD27H71 CH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Hongkong and Shanghai Banking Corporation Limited (Sydney, NSW, AU, Branch) 2HI3YI5320L3RW6NJ957 AU N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) N DST Asset Manager Solutions, Inc. 0000000000 N N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N NexBank Securities, Inc. 8-66705 000133267 5493000R7PCXD7JZMO73 0.00000000 Highland Capital Funds Distributor Inc 8-69128 000165013 00000000000000000000 0.00000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 1314.24000000 STIFEL NICOLAUS & CO INC. 8-1447 000000793 5WUVMA08EYG4KEUPW589 892.78000000 Oppenheimer & Co. 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LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 15056662.94000000 Cantor Fitzgerald & Co. 8-201 000000134 5493004J7H4GCPG6OB62 6264448.41000000 Fidelity Investments N/A 000000000 00000000000000000000 9797676.48000000 National Financial Services Corporation 8-26740 000013041 549300EJM5SBRQSYKC50 13620921.72000000 RBC Capital Markets, LLC 8-45411 000031194 549300LCO2FLSSVFFR64 13253711.48000000 Pershing LLC 8-17574 000007560 ZI8Q1A8EI8LQFJNM0D94 16719301.72000000 Wells Fargo Brokerage Services, LLC 8-33283 000016100 00000000000000000000 20343040.72000000 JPMorgan Chase & Co. 8-35008 000000079 8I5DZWZKVSZI1NUHU748 28736503.97000000 State Street Bank and Trust Company N/A 000000000 571474TGEMMWANRLN572 213171801.40000000 INTL FCStone Inc. 008-51269 000045993 549300JUF07L8VF02M60 9385792.04000000 364815226.69000000 N 151690698.33000000 N Highland Tax-Exempt Fund S000001614 254900CWLTW0OGPELZ80 N 3 0 0 N/A N N Y N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N/A N/A N/A Rule 22d-1 (17 CFR 270.22d-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 12d1-1 (17 CFR 270.12d1-1) Y Y Y N Highland Capital Management Fund Advisors, L.P. 801-69968 000149653 5493002K2NSYVU046L11 N First Foundation Advisors 801-35973 000137852 00000000000000000000 N N DST Asset Manager Solutions, Inc. 84-00896 0000000000 N N N Ice Data Services, Inc. 5493000NQ9LYLDBCTL34 N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) Euroclear PLC 54930045L3MXWBD27H71 CH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) N DST Asset Manager Solutions, Inc. 0000000000 N N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N NexBank Securities, Inc. 8-66705 000133267 5493000R7PCXD7JZMO73 0.00000000 Highland Capital Funds Distributor Inc 8-69128 000165013 00000000000000000000 0.00000000 0.00000000 STIFEL NICOLAUS & CO INC. 8-1447 000000793 5WUVMA08EYG4KEUPW589 165142.50000000 Pershing LLC 8-17574 000007560 ZI8Q1A8EI8LQFJNM0D94 138651.60000000 State Street Bank and Trust Company N/A 000000000 571474TGEMMWANRLN572 4864318.37000000 Hilltop Securities Inc. 008-45123 000006220 549300IXU82PMU6XZT45 513650.00000000 INTL FCStone Inc. 008-51269 000045993 549300JUF07L8VF02M60 236432.00000000 5918194.47000000 N 13036473.06000000 N Highland Small-Cap Equity Fund S000001623 549300KZRVIDFT0P7E80 N 3 0 0 N/A N N Y N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Cash collateral reinvestment fee 55911897.10000000 28916.08000000 Rule 22d-1 (17 CFR 270.22d-1) Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N Highland Capital Management Fund Advisors, L.P. 801-69968 000149653 5493002K2NSYVU046L11 N DST Asset Manager Solutions, Inc. 84-00896 0000000000 N N N Thomson Reuters Corporation 549300561UZND4C7B569 CA N N Euroclear PLC 54930045L3MXWBD27H71 CH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) Citibank, National Association (Ciudad Autonoma de Buenos Aires, Cuidad Autonoma de Buenos Aires, AR, Branch) 579100KKDGKCFFKKF005 AR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) BNP Paribas Securities Services (Athens, Attica, GR, Branch) 549300WCGB70D06XZS54 GR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC Bank Bermuda Limited 0W1U67PTV5WY3WYWKD79 BM N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Trust Company Canada 549300L71XG2CTQ2V827 CA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) N DST Asset Manager Solutions, Inc. 0000000000 N N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N Highland Capital Funds Distributor Inc 8-69128 000165013 00000000000000000000 0.00000000 NexBank Securities, Inc. 8-66705 000133267 5493000R7PCXD7JZMO73 0.00000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 1586.70000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 13890.00000000 Societe Generale 8-49963 000042731 O2RNE8IBXP4R0TD8PU41 FR 1500.00000000 JPMorgan Chase & Co. 8-35008 000000079 8I5DZWZKVSZI1NUHU748 8307.10000000 National Financial Services Corporation 8-26740 000013041 549300EJM5SBRQSYKC50 3838.75000000 Investment Technology Group, Inc. 8-44218 000029299 0000000000 3995.09000000 Cantor Fitzgerald & Co. 8-201 000000134 5493004J7H4GCPG6OB62 3805.20000000 Bank Of America Merrill Lynch Securities Inc 8-33359 000016139 0000000000 108223.16000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 8473.40000000 Oppenheimer & Co. Inc. 8-4077 000000249 254900VH02JQR2L8XD64 3696.20000000 159149.44000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 999986.00000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 712500.00000000 Bank Of America Merrill Lynch Securities Inc 8-33359 000016139 0000000000 1003000.00000000 JPMorgan Chase & Co. 8-35008 000000079 8I5DZWZKVSZI1NUHU748 1006500.00000000 3721986.00000000 Y 57932454.01000000 N Highland Total Return Fund S000001624 549300FXWQ42Z4018B93 N 3 0 0 N/A N N Y N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Cash collateral reinvestment fee 95275303.29000000 59342.53000000 Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 22d-1 (17 CFR 270.22d-1) Y N Y N Highland Capital Management Fund Advisors, L.P. 801-69968 000149653 5493002K2NSYVU046L11 N First Foundation Advisors 801-35973 000137852 00000000000000000000 N N DST Asset Manager Solutions, Inc. 84-00896 0000000000 N N N Thomson Reuters Corporation 549300561UZND4C7B569 CA N Ice Data Services, Inc. 5493000NQ9LYLDBCTL34 N N HSBC Bank Bermuda Limited 0W1U67PTV5WY3WYWKD79 BM N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Standard Bank of South Africa Limited QFC8ZCW3Q5PRXU1XTM60 ZA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Standard Chartered Bank (Thai) Public Company Limited 549300O1LQYCQ7G1IM57 TH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Deutsche Bank (Malaysia) Berhad 529900DLWFR8HK7DR278 MY N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC Bank (China) Company Limited 2CZOJRADNJXBLT55G526 CN N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) UniCredit Bank Austria AG D1HEB8VEU6D9M8ZUXG17 AT N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Skandinaviska Enskilda Banken AB F3JS33DEI6XQ4ZBPTN86 SE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Bank Polska Kasa Opieki - Spolka Akcyjna 5493000LKS7B3UTF7H35 PL N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Citibank Maghreb S.A 5493003FVWLMBFTISI11 MA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Skandinaviska Enskilda Banken AB (Helsinki, Uusimaa, FI, Branch) F3JS33DEI6XQ4ZBPTN86 FI N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Citibank del Peru S.A. MYTK5NHHP1G8TVFGT193 PE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Euroclear PLC 54930045L3MXWBD27H71 CH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC Bank Egypt S.A.E 2138001Q77JDLESS4Y50 EG N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Ceskoslovenska obchodni banka, a. s. Q5BP2UEQ48R75BOTCB92 CZ N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Deutsche Bank Aktiengesellschaft (Madrid, Madrid, ES, Branch) 529900SICIK5OVMVY186 ES N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Hongkong and Shanghai Banking Corporation Limited (Auckland, Auckland, NZ, Branch) 2HI3YI5320L3RW6NJ957 NZ N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HSBC Bank Middle East Limited (Manama, Capital, BH, Branch) 0000000000 BH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Bank Hapoalim B.M. B6ARUI4946ST4S7WOU88 IL N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Mizuho Bank, Ltd. 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