Definitive Materials Filed by Investment Companies. (497)
19 5월 2020 - 6:22AM
Edgar (US Regulatory)
HIGHLAND FUNDS I
Highland/iBoxx Senior Loan ETF (the Fund)
Supplement dated May 18, 2020 to the Funds Summary Prospectus and Statutory Prospectus, dated October 31, 2019, as supplemented from
time to time (together, the Prospectuses).
This supplement provides new and additional information beyond that
contained in the Prospectuses and should be read in conjunction with the Prospectuses.
The Funds
after-tax returns have been revised. Accordingly, the Prospectuses are hereby amended and supplemented as follows:
1. In the Performance section of the Funds Summary Prospectus, and the corresponding section
of the Statutory Prospectus, the Average Annual Total Returns table is hereby deleted and replaced with the following:
Average Annual
Total Returns
For the period ended December 31, 2018
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1 Year
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5 Year
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Since Inception
(11/6/12)
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Return Before Taxes
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-1.12%
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1.45%
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2.14%
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Return After Taxes on Distributions
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-3.00%
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-0.46%
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0.15%
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Return After Taxes on Distributions and Redemptions
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-0.64%
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0.26%
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0.75%
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Markit iBoxx USD Liquid Leveraged Loan Index (reflects no deduction for fees, expenses or
taxes)
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-0.60%
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1.72%
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2.32%
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INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE
PROSPECTUS FOR FUTURE REFERENCE.
HFI-ETF-PROS-520
Highland iBoxx Senior Loan (NASDAQ:SNLN)
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