The NexPoint Strategic Opportunities Fund (the Trust), formerly known as NexPoint Credit Strategies Fund, operates as a non-diversified, closed-end investment management entity. Its core objective is to deliver both consistent income and robust capital appreciation. The Trust's investment strategy involves deploying capital across a broad spectrum of assets: publicly traded equities, private equity stakes, collateralized loan obligation (CLO) debt and equity, high-yield fixed-income instruments, syndicated floating-rate bank loans, various real estate properties, and other alternative yield-focused investments, with hedging utilized as appropriate. These holdings span diverse industries such as chemicals, energy, gaming and hospitality, housing, media and telecommunications, real estate investment trusts (REITs), healthcare, asset-backed securities, and information technology. NexPoint Advisers L.P. acts as the dedicated investment manager for the Trust.