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Highland Credit Strategies Fund - February 2007 Dividend Declaration.


DALLAS -- Highland Credit Strategies Fund (NYSE NYSE

See: New York Stock Exchange
:HCF 1. (operating system) HCF - Host Command Facility.
2. (architecture) HCF - Halt and Catch Fire.
), a nondiversified, closed-end investment Closed-End Investment

When an investment company issues a fixed number of shares in an actively managed portfolio of securities. The shares are traded in the market just like common stock.

Notes:
Most mutual funds are open-end funds, not closed-end.
 management company, announced today that its Board of Directors has declared a dividend on its common stock, for the month of February 2007, of $0.1500 per share, payable on last business day of the month to holders of record at the close of business ten calendar days prior to such date.

The dividend rate is based on an estimation estimation

In mathematics, use of a function or formula to derive a solution or make a prediction. Unlike approximation, it has precise connotations. In statistics, for example, it connotes the careful selection and testing of a function called an estimator.
 of investment income and may or may not include a return of capital.
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Publication:Business Wire
Date:Feb 13, 2007
Words:84
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