Highland Floating Rate Opportunities Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 11.6 11.6
Stocks 8.76 8.76
Bonds 62.99 62.99
Other 3.41 3.41
Foreign Bonds 12.7 12.7
Foreign Stocks 0.0 0.0
Convertible 0.53 0.53
Preferred 0.0 0.0

Updated 09.30.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 09.30.2013

Ticker YTD Return % % Net Assets
Young Broadcasting YBTVQ -60.0 4.01
Ccs Med Hldgs Inc --- --- 2.48
Metro Goldwyn Mayer Inc --- --- 2.31
Txu Us Hldgs Co --- --- 2.05
Highland/iBoxx Senior Loan ETF --- --- 1.92
Dell Inc. --- --- 1.39
Supervalu Inc --- --- 1.16
Getty Images Inc --- --- 1.12
Guitar Center Inc --- --- 1.05
Delta Air Lines Inc --- --- 1.04