# EDGAR Filing Document

**Accession Number:** 0001354917
**File Stem:** 0001752724-25-212277
**Filing Date:** 2025-8
**Character Count:** 43552
**Document Hash:** f48f7ff575aaaa1338844b57c2650054
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-212277.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001752724-25-212277

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEXPOINT FUNDS I
- **CENTRAL INDEX KEY:** 0001354917

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21866
- **FILM NUMBER:** 251276838

**BUSINESS ADDRESS:**
- **STREET 1:** 300 CRESCENT COURT
- **STREET 2:** SUITE 700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201
- **BUSINESS PHONE:** 214-276-6300

**MAIL ADDRESS:**
- **STREET 1:** 300 CRESCENT COURT
- **STREET 2:** SUITE 700
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Highland Funds I
- **DATE OF NAME CHANGE:** 20130208

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PYXIS FUNDS I
- **DATE OF NAME CHANGE:** 20120109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Highland Funds I
- **DATE OF NAME CHANGE:** 20060302

## Series and Classes Contracts Data

### NexPoint Merger Arbitrage Fund (Series ID: S000054634)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000171609 | Class A      | HMEAX           |
| C000171610 | Class C      | HMECX           |
| C000171611 | Class Z      | HMEZX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** NexPoint Funds I

- **b. Investment Company Act file number:** 811-21866

- **c. CIK number of Registrant:** 0001354917

- **d. LEI of Registrant:** 549300D4RVXJJ0JOL180

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 200 CRESCENT COURT

  - **City:** DALLAS

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 75201

  - **Telephone number:** 9726284100

**Item A.2. Information about the Series.**

- **a. Name of Series:** Nexpoint Merger Arbitrage Fund

- **b. EDGAR series identifier (if any):** S000054634

- **c. LEI of Series:** 549300O24D7XG2BMWB63

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1206814711.33

**Total Liabilities:** $109235680.60

**Net Assets:** $1097579030.73

**Cash Not Reported:** $107985906.41

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000171609 | 0.64%                | 0.67%                | 0.31%                |
| Class ID C000171610 | 0.61%                | 0.58%                | 0.27%                |
| Class ID C000171611 | 0.72%                | 0.66%                | 0.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $11032518.38             | $602518.31                                 |
| Month 2  | $2314648.62              | $8817460.95                                |
| Month 3  | $5133043.03              | $3170532.03                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                              | Title                                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 8TH AVENUE FOOD & PROVISIONS, INC.                | 8TH AVENUE FOOD & PROVISIONS, INC. 10/1/2025                           | CUSIP: 28253PAC3<br>LEI: N/A                  | Long             | LON              |  | US        |  45000000 | PA      | $45025200.00  | 4.10%             | 2025-10-01      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| N/A                                               | ABIOMED INC - CVR CONTINGENT VALUE RIGHT                               | CUSIP: 003CVR016<br>LEI: N/A                  | Long             | EC               |  | US        |    171486 | NS      | $174915.72    | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| AltEnergy Acquisition Corp                        | ALTENERGY ACQUISITION CORP WT EXPIRATION: 11/02/28                     | CUSIP: 02157M116<br>LEI: N/A                  | N/A              | DE               |  | US        |     12500 | NC      | $313.13       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Apollomics Inc                                    | APOLLOMICS INC WT EXPIRATION: 12/08/27                                 | CUSIP: G0411D115<br>LEI: N/A                  | N/A              | DE               |  | US        |     71084 | NC      | $3156.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Appreciate Holdings Inc                           | APPRECIATE HOLDINGS INC WT EXPIRATION: 11/29/27                        | CUSIP: 03832J114<br>LEI: N/A                  | N/A              | DE               |  | US        |     12612 | NC      | $0.01         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ASSUREDPARTNERS, INC.                             | ASSUREDPARTNERS INC 144A 5.625000% 01/15/2029                          | CUSIP: 04624VAB5<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |  18500000 | PA      | $18458415.70  | 1.68%             | 2029-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS, INC.                             | ASSUREDPARTNERS INC 144A 7.500000% 02/15/2032                          | CUSIP: 04624VAC3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |   3830000 | PA      | $4120352.30   | 0.38%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Avidxchange Holdings Inc                          | AVIDXCHANGE HOLDINGS INC COMMON STOCK                                  | CUSIP: 05368X102<br>LEI: N/A                  | Long             | EC               |  | US        |   4464800 | NS      | $43710392.00  | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK DIAMOND CLO LTD.                            | BLACK DIAMOND CLO 2022-1 LTD BLACK 2022-1A A1A                         | CUSIP: 09203BAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   5000000 | PA      | $5013500.00   | 0.46%             | 2035-10-25      | Floating      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| BLUEPRINT MEDICINES CORPORATION                   | BLUEPRINT MEDICINES CORP COMMON STOCK                                  | CUSIP: 09627Y109<br>LEI: 5299004CC60O9T5HVM83 | Long             | EC               |  | US        |    428410 | NS      | $54913593.80  | 5.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOST NEWCO BORROWER, LLC                         | BOOST NEWCO BORROWER LLC 144A 7.500000% 01/15/2031                     | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |  17450000 | PA      | $18536367.20  | 1.69%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | BRK: GOLDMAN SACHS                                                     | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DE               |  | GB        |  33000844 | NC      | $132839.14    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CERo Therapeutics Holdings Inc                    | CERO THERAPEUTICS HOLDINGS INC WT EXPIRATION: 02/14/29                 | CUSIP: 71902K113<br>LEI: N/A                  | N/A              | DE               |  | US        |    108741 | NC      | $2283.56      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CHEVRON CORPORATION                               | CHEVRON CORP COMMON STOCK                                              | CUSIP: 166764100<br>LEI: N/A                  | Short            | EC               |  | US        |   -247566 | NS      | $-35448975.54 | -3.23%            |  |  |  | No            |                  1 | On Loan: No      |
| CI Financial Corp.                                | CI FINANCIAL CORP COMMON STOCK                                         | CUSIP: 125491100<br>LEI: 549300M9W7JJQSVCEM78 | Long             | EC               |  | CA        |   1047890 | NS      | $24336851.67  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CITADEL SECURITIES LLC                            | CITADEL SECURITIES LLC SLRPA 4.470% 07/01/2025                         | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               |  | US        |       308 | PA      | $308.00       | 0.00%             | 2025-07-01      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Couchbase Inc                                     | COUCHBASE INC COMMON STOCK                                             | CUSIP: 22207T101<br>LEI: 5493004VX52ODFMQLF07 | Long             | EC               |  | US        |    606349 | NS      | $14782788.62  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Covestro AG                                       | COVESTRO AG-TEND COMMON STOCK                                          | CUSIP: N/A<br>LEI: 3912005AWHKLQ1CPLV11       | Long             | EC               |  | DE        |    306171 | NS      | $21707628.13  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| DELIVEROO PLC                                     | DELIVEROO PLC COMMON STOCK                                             | CUSIP: N/A<br>LEI: 984500F6537F74DDEE77       | Long             | EC               |  | GB        |  14168202 | NS      | $34151707.90  | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | DREYFUS TREASURY PRIME CASH MANAGEMENT/ CLASS A                        | CUSIP: 261908107<br>LEI: N/A                  | Long             | STIV             |  | US        | 154119157 | PA      | $154119157.37 | 14.04%            |  |  |  | No            |                  1 | On Loan: No      |
| THE DUN & BRADSTREET CORPORATION                  | DUN & BRADSTREET CORP/THE 144A 5.000000% 12/15/2029                    | CUSIP: 26483EAL4<br>LEI: RI37BMPWE56BCJ747E14 | Long             | DBT              | CORP              | US        |  34204000 | PA      | $35059100.00  | 3.19%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUN & BRADSTREET HOLDINGS, INC.                   | DUN & BRADSTREET HOLDINGS IN COMMON STOCK                              | CUSIP: 26484T106<br>LEI: 254900LNALVKD1ZX7U27 | Long             | EC               |  | US        |   1890590 | NS      | $17185463.10  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| E2OPEN 10/20 TLB                                  | E2OPEN 10/20 TLB 2/4/2028                                              | CUSIP: 26826YAB8<br>LEI: N/A                  | Long             | LON              |  | US        |   8065260 | PA      | $8102723.01   | 0.74%             | 2028-02-04      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| E2OPEN PARENT HOLDINGS, INC.                      | E2OPEN PARENT HOLDINGS INC COMMON STOCK                                | CUSIP: 29788T103<br>LEI: N/A                  | Long             | EC               |  | US        |   3017685 | NS      | $9747122.55   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ENSTAR GROUP LTD                                  | ENSTAR GROUP LTD COMMON STOCK                                          | CUSIP: G3075P101<br>LEI: N/A                  | Long             | EC               |  | US        |    111353 | NS      | $37454695.08  | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| EVEREST CONSOLIDATOR ACQUISITION CORP WT          | EVEREST CONSOLIDATOR ACQUISITION CORP WT EXPIRATION: 07/19/28          | CUSIP: 29978K110<br>LEI: N/A                  | N/A              | DE               |  | US        |     30463 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EVERI HOLDINGS INC.                               | EVERI HOLDINGS INC 144A 5.000000% 07/15/2029                           | CUSIP: 30034TAA1<br>LEI: 5299006DK5S7BG10K532 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6066522.96   | 0.55%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS PARENT, INC.              | FRONTIER COMMUNICATIONS PARE COMMON STOCK                              | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               |  | US        |    892160 | NS      | $32474624.00  | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-3469.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-36975.65    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-42312.37    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-193025.81   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-18043.28    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-107769.26   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-6310.61     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-17504.88    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-85365.77    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-40913.32    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-79670.75    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-16909.90    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-35685.26    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-5655.36     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-90261.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-1704.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-67036.90    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-77645.72    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-740.27      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-8034.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-204062.04   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-9879.78     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-15                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-51408.83    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-18                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-166665.08   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-08-30                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-35482.71    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-10-01                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-2669.08     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-10-01                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $6977.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-10-01                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-4046.99     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-10-01                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-3421.96     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-10-01                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-5574.53     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/CAD SETTLE 2025-10-01                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $5762.64      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/EUR SETTLE 2025-10-31                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-142.71      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/EUR SETTLE 2025-10-31                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-224913.10   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/EUR SETTLE 2025-11-28                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-49104.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/EUR SETTLE 2025-11-28                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-75857.95    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/EUR SETTLE 2025-11-28                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-188922.90   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/EUR SETTLE 2025-11-28                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-355698.40   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/EUR SETTLE 2025-11-28                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-7602.88     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/EUR SETTLE 2025-11-28                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-133545.32   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/GBP SETTLE 2025-10-24                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-46.82       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/GBP SETTLE 2025-10-24                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-12924.88    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/GBP SETTLE 2025-10-24                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-130166.29   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/GBP SETTLE 2025-10-24                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-27873.23    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/GBP SETTLE 2025-10-24                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-155976.98   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/GBP SETTLE 2025-10-24                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-43567.08    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/GBP SETTLE 2025-10-24                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-5146.86     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/GBP SETTLE 2025-10-24                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-26072.58    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN, SACHS & CO.                              | FX Forward Contract: USD/GBP SETTLE 2025-10-24                         | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              |  | US        |         1 | NC      | $-16469.39    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GCI LIBERTY INC - CLASS A ESCROW                  | GCI LIBERTY INC - CLASS A ESCROW COMMON STOCK                          | CUSIP: 361ESC049<br>LEI: N/A                  | Long             | EC               |  | US        |     88561 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DEFAULT                                           | GRAPHJET TECHNOLOGY WT EXPIRATION: 11/16/26                            | CUSIP: G30449121<br>LEI: N/A                  | N/A              | DE               |  | MY        |    225000 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GUILD HOLDINGS COMPANY                            | GUILD HOLDINGS CO - CLASS A COMMON STOCK                               | CUSIP: 40172N107<br>LEI: N/A                  | Long             | EC               |  | US        |    203102 | NS      | $4015326.54   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| HESS CORPORATION                                  | HESS CORP COMMON STOCK                                                 | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               |  | US        |    241529 | NS      | $33461427.66  | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY                | HEWLETT PACKARD ENTERPRISE CO 5.600000% 10/15/2054                     | CUSIP: 42824CBW8<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |  13598000 | PA      | $12607181.32  | 1.15%             | 2054-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: —       |
| Informatica Inc                                   | INFORMATICA INC - CLASS A COMMON STOCK                                 | CUSIP: 45674M101<br>LEI: 984500E0DEFFE6DE9588 | Long             | EC               |  | US        |    679130 | NS      | $16536815.50  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| INNERGEX ENERGIE RENOUVELABLE INC.                | INNERGEX RENEWABLE ENERGY COMMON STOCK                                 | CUSIP: 45790B104<br>LEI: 549300EORYEC4J59SU80 | Long             | EC               |  | CA        |   3115447 | NS      | $31325711.13  | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEGRATED RAIL AND RESOURCES ACQUISITION CORP WT | INTEGRATED RAIL AND RESOURCES ACQUISITION CORP WT EXPIRATION: 11/12/26 | CUSIP: 45827R114<br>LEI: N/A                  | N/A              | DE               |  | US        |    147162 | NC      | $88297.20     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED FIRST PARTNERS                             | JNPR US 11/21/25 C37 SHORT                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -10000 | NC      | $-3000000.00  | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| UNITED FIRST PARTNERS                             | JNPR US 11/21/25 P30 SHORT                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    -10000 | NC      | $-50000.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| UNITED FIRST PARTNERS                             | JNPR US 11/21/25 P35 LONG                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     10000 | NC      | $1350000.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| JUNIPER NETWORKS INC                              | JUNIPER NETWORKS INC COMMON STOCK                                      | CUSIP: 48203R104<br>LEI: N/A                  | Long             | EC               |  | US        |    837175 | NS      | $33428397.75  | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Just Eat Takeaway.com N.V.                        | JUST EAT TAKEAWAY COMMON STOCK                                         | CUSIP: N/A<br>LEI: 724500FVZIBSSQ7SHI95       | Long             | EC               |  | NL        |    467654 | NS      | $10663433.44  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| KELLANOVA                                         | KELLANOVA COMMON STOCK                                                 | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               |  | US        |    386943 | NS      | $30773576.79  | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| LightWave Acquisition Corp                        | LIGHTWAVE ACQUISITION CORP UNIT                                        | CUSIP: G5490M118<br>LEI: N/A                  | Long             | EC               |  | US        |    100000 | NS      | $1005000.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MCGRATH RENTCORP                                  | MCGRATH RENTCORP COMMON STOCK                                          | CUSIP: 580589109<br>LEI: N/A                  | Short            | EC               |  | US        |        -1 | NS      | $-115.96      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| MCGRATH RENTCORP                                  | MCGRATH RENTCORP COMMON STOCK                                          | CUSIP: 580589109<br>LEI: N/A                  | Long             | EC               |  | US        |         1 | NS      | $115.96       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWARK BSL CLO LTD                                | NEWARK BSL CLO 1 LTD NBCLO 2016-1A A1R                                 | CUSIP: 65023TAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    653518 | PA      | $653779.65    | 0.06%             | 2029-12-21      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| NOVARTIS AG - CVR                                 | NOVARTIS AG - CVR 1 SHARE OF 66987VCVR AND 40 USD PER KDNY             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |    268873 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PARKLAND CORPORATION.                             | PARKLAND CORP COMMON STOCK                                             | CUSIP: 70137W108<br>LEI: 549300UY5C6HUV0XLS53 | Long             | EC               |  | CA        |    394470 | NS      | $11135935.80  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIUS RECYCLING, INC.                            | RADIUS RECYCLING INC COMMON STOCK                                      | CUSIP: 806882106<br>LEI: 549300F62TK8VRDSM285 | Long             | EC               |  | US        |   1107360 | NS      | $32877518.40  | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SARATOGA INVESTMENT CORP SENIOR LOAN FUND LTD     | SARATOGA INVESTMENT CORP SENIOR LOAN FUND 2022-1 L SARAT 2022-1A A2    | CUSIP: 80349PAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5009500.00   | 0.46%             | 2033-10-20      | Floating      | 6.87%                 | Yes           |                  2 | On Loan: No      |
| SITIO ROYALTIES CORP.                             | SITIO ROYALTIES CORP-A COMMON STOCK                                    | CUSIP: 82983N108<br>LEI: N/A                  | Long             | EC               |  | US        |   1052787 | NS      | $19350225.06  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SKECHERS U.S.A., INC.                             | SKECHERS USA INC-CL A COMMON STOCK                                     | CUSIP: 830566105<br>LEI: 529900D2R54KZPA4XR56 | Long             | EC               |  | US        |   1096398 | NS      | $69182713.80  | 6.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SMX (Security Matters) PLC                        | SMX SECURITY MATTERS PLC WT EXPIRATION: 03/07/28                       | CUSIP: G8267K117<br>LEI: N/A                  | N/A              | DE               |  | IE        |    113155 | NC      | $1697.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Spectaire Holdings Inc                            | SPECTAIRE HOLDINGS INC WT EXPIRATION: 10/17/28                         | CUSIP: 84753T117<br>LEI: N/A                  | N/A              | DE               |  | US        |    198080 | NC      | $851.74       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SPRINGWORKS THERAPEUTICS INC                      | SPRINGWORKS THERAPEUTICS INC COMMON STOCK                              | CUSIP: 85205L107<br>LEI: N/A                  | Long             | EC               |  | US        |   1488694 | NS      | $69953731.06  | 6.37%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIUMPH GROUP, INC.                               | TRIUMPH GROUP INC COMMON STOCK                                         | CUSIP: 896818101<br>LEI: 5493007L6S47Q14SL582 | Short            | EC               |  | US        |   -524961 | NS      | $-13517745.75 | -1.23%            |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy, Inc.                                 | TXNM ENERGY INC COMMON STOCK                                           | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               |  | US        |    668650 | NS      | $37658368.00  | 3.43%             |  |  |  | No            |                  1 | On Loan: —       |
| MJX VENTURE MANAGEMENT II LLC                     | VENTURE XXVII CLO LTD VENTR 2017-27RA A                                | CUSIP: 60689WAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3382722 | PA      | $3384413.75   | 0.31%             | 2030-07-21      | Floating      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| Viper Energy, Inc.                                | VIPER ENERGY INC COMMON STOCK                                          | CUSIP: 927959106<br>LEI: 5299009LINL232255G03 | Short            | EC               |  | US        |   -511479 | NS      | $-19502694.27 | -1.78%            |  |  |  | No            |                  1 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE, INC.                    | WALGREENS BOOTS ALLIANCE INC COMMON STOCK                              | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               |  | US        |   3906372 | NS      | $44845150.56  | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Worldpay/Boost Newco 1/25 (USD) TLB               | Worldpay/Boost Newco 1/25 (USD) TLB 1/31/2031                          | CUSIP: 92943EAG1<br>LEI: N/A                  | Long             | LON              |  | US        |  17420000 | PA      | $17485325.00  | 1.59%             | 2031-01-31      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** NexPoint Funds I

**Signature:** Stephanie Vitiello

**Name of Signer:** Stephanie Vitiello

**Title:** CCO