DALLAS, Sept. 25, 2020 /PRNewswire/ -- Highland
Capital Management Fund Advisors, L.P. ("HCMFA") today announced
recent portfolio manager updates for the Highland/iBoxx Senior Loan
ETF (NASDAQ: SNLN) ("SNLN" or the "Fund"), effective September 22, 2020. David
Owens was appointed as a portfolio manager for the Fund.
With this appointment, Mr. Owens will oversee the Fund's investment
activities.
Mr. Owens previously served as a senior trading and structured
products analyst for the Highland Capital Management investment
platform ("Highland"). He joined Highland in 2015 from Bank of
America, where he served as a senior financial analyst in the
Corporate Investments and Enterprise Capital Management groups. He
is a Chartered Financial Analyst charterholder.
Jon Poglitsch will no longer
serve as the Fund's portfolio manager following his resignation
from the firm to pursue other opportunities.
About the Highland Income Fund
The Highland/iBoxx Senior Loan ETF ("SNLN") (NASDAQ: SNLN) is an
exchange-traded fund ("ETF") managed by Highland Capital Management
Fund Advisors, L.P., an adviser on the Highland Capital Management
alternative investment platform. The fund aims to generate results
that, before fees and expenses, generally correspond to the price
and yield performance of the Markit iBoxx USD Liquid Leveraged Loan
Index, which consists of the 100 most liquid loans from the Markit
iBoxx USD Leveraged Loan Index. For more information visit
www.highlandfunds.com/snln-etf.
About Highland Capital Management Fund Advisors, L.P.
Highland Capital Management Fund Advisors, L.P. ("HCMFA") is an
investment adviser on Highland Capital Management's
multibillion-dollar global alternative investment platform
("Highland"). HCMFA is the adviser to a suite of registered funds,
including open-end mutual funds, closed-end funds, and an
exchange-traded fund ("ETF"). Covering a range of asset classes and
strategies, the funds draw on Highland's investment capabilities,
which include high-yield credit, public equities, real estate,
private equity and special situations, structured credit, and
sector- and region-specific verticals built around specialized
teams. For more information visit www.highlandfunds.com.
Before investing, you should carefully consider the Fund's
investment objectives, risks, charges and expenses. For a copy of a
prospectus or summary prospectus, which contains this and other
information, please visit our website at www.highlandfunds.com or
call 1-877-665-1287. Please read the fund prospectus carefully
before investing.
Media Contact
Lucy
Bannon
1-972-419-6272
lbannon@highlandcapital.com
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SOURCE Highland Capital Management Fund Advisors, L.P.