# EDGAR Filing Document

**Accession Number:** 0001710680
**File Stem:** 0001752724-25-212286
**Filing Date:** 2025-8
**Character Count:** 26678
**Document Hash:** 48b81f48931f1b2048a86b118fc3d374
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-212286.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001752724-25-212286

**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**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HIGHLAND OPPORTUNITIES & INCOME FUND
- **CENTRAL INDEX KEY:** 0001710680

**ORGANIZATION NAME:**
- **EIN:** 456245636
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23268
- **FILM NUMBER:** 251276856

**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 INCOME FUND\MA
- **DATE OF NAME CHANGE:** 20190521

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HIGHLAND FLOATING RATE OPPORTUNITIES FUND
- **DATE OF NAME CHANGE:** 20170925

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HIGHLAND FLOATING RATE OPPORTUNITIES FUND II
- **DATE OF NAME CHANGE:** 20170628

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Highland Opportunities and Income Fund

- **b. Investment Company Act file number:** 811-23268

- **c. CIK number of Registrant:** 0001710680

- **d. LEI of Registrant:** 254900CMUE9FRYL2UR80

- **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:** Highland Opportunities and Income Fund

- **c. LEI of Series:** 254900CMUE9FRYL2UR80

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

- **a. Date of fiscal year-end:** 2025-12-31

- **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:** $900533229.42

**Total Liabilities:** $245280909.19

**Net Assets:** $655252320.23

**Cash Not Reported:** $4183541.19

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.68%               | -0.51%               | -2.04%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2578752.67             | $-2131068.27                               |
| Month 2  | $5441914.95              | $-10251060.21                              |
| Month 3  | $15009.75                | $-15311272.92                              |

**Designated Index Information**

- **Index Name:** MSCI US REIT Index

- **Index Identifier:** RMZ Index

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MP CLO LTD                                 | ACAS CLO 2015-1 LTD MP7 2015-1A FRR                             | CUSIP: 55320TAD5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6162166 | PA      | $747470.71    | 0.11%             | 2028-10-18      | Floating      | 12.44%                | Yes           |                  2 | On Loan: No      |
| N/A                                        | APNIMED, INC SERIES C-1                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               |  | US        |    270246 | NS      | $3383479.92   | 0.52%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | APNIMED, INC SERIES C-2                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               |  | US        |    144132 | NS      | $1934251.44   | 0.30%             |  |  |  | No            |                  3 | On Loan: No      |
| BRAEMAR HOTELS & RESORTS INC.              | Braemar Hotels & Resorts Inc PREFERRED STOCK                    | CUSIP: 10482B200<br>LEI: 549300JDUUEBN868C776 | Long             | EP               |  | US        |    318771 | NS      | $4201401.78   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CARESTREAM HEALTH, INC.                    | CARESTREAM HEALTH, INC. 9/30/2027                               | CUSIP: 14173VAT0<br>LEI: N/A                  | Long             | LON              |  | US        |  15833884 | PA      | $7105455.65   | 1.08%             | 2027-09-30      | Floating      | 11.90%                | No            |                  2 | On Loan: No      |
| N/A                                        | CCS MEDICAL INC.(CHRONIC CARE) LX113924                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |  12026660 | NS      | $40986857.28  | 6.26%             |  |  |  | No            |                  3 | On Loan: No      |
| CIFC FUNDING LTD                           | CIFC 2013-2A SUB - CIFC Funding 2013-II Ltd 10/18/2030          | CUSIP: 12548YAD1<br>LEI: N/A                  | Long             | ABS-MBS          |  | KY        |   5462500 | PA      | $258485.50    | 0.04%             | 2030-10-18      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING LTD                           | CIFC 2014-1A SUB - CIFC Funding 2014 Ltd 01/18/2031             | CUSIP: 12549LAE6<br>LEI: N/A                  | Long             | ABS-MBS          |  | KY        |   2500000 | PA      | $2.50         | 0.00%             | 2031-01-18      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING LTD                           | CIFC 2014-4RA SUB - Cifc Funding 2014-IV-R Ltd 10/17/2030       | CUSIP: 12549WAE2<br>LEI: N/A                  | Long             | ABS-MBS          |  | KY        |   3324756 | PA      | $731446.32    | 0.11%             | 2030-10-17      | Floating      | 13.37%                | No            |                  2 | On Loan: No      |
| CIFC FUNDING LTD                           | CIFC 2014-5A SUB - CIFC FUNDING 2014-V LTD 10/17/2031           | CUSIP: 12550BAE4<br>LEI: N/A                  | Long             | ABS-MBS          |  | KY        |   2000000 | PA      | $712000.00    | 0.11%             | 2031-10-17      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING LTD                           | CIFC 2015-1A SUB - CIFC Funding 2015-I Ltd 01/22/2031           | CUSIP: 12548NAG8<br>LEI: N/A                  | Long             | ABS-MBS          |  | KY        |   3000000 | PA      | $90000.00     | 0.01%             | 2031-01-22      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| CLAYMORE COMMON STOCK                      | CLAYMORE COMMON STOCK                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |  11561680 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| COVENANT CREDIT PARTNERS CLO               | CLOVER CREDIT PARTNERS CLO III LTD CLVR 2017-1A F               | CUSIP: 22284JAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2550000 | PA      | $382500.00    | 0.06%             | 2029-10-15      | Floating      | 12.47%                | Yes           |                  2 | On Loan: No      |
| N/A                                        | DREYFUS TREASURY PRIME CASH MANAGEMENT/ CLASS A                 | CUSIP: 261908107<br>LEI: N/A                  | Long             | STIV             |  | US        |  26101495 | PA      | $26101494.84  | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| EDS LEGACY PARTNERS                        | EDS LEGACY PARTNERS 12/31/2049                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | US        |  55000000 | PA      | $46475000.00  | 7.09%             | 2033-12-28      | Floating      | 8.50%                 | No            |                  3 | On Loan: No      |
| Highland Global Allocation Fund            | HIGHLAND GLOBAL ALLOCATION MUTUAL FUND                          | CUSIP: 43010T104<br>LEI: 2549007A3RHSGZEL0R21 | Long             | EC               |  | US        |     86246 | NS      | $750685.18    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| IHEARTCOMMUNICATIONS, INC.                 | IHEARTCOMMUNICATIONS INC 9.175000% 05/01/2029                   | CUSIP: 45174HBJ5<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |      2945 | PA      | $2418.58      | 0.00%             | 2029-05-01      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| N/A                                        | IQHQ INC PRIVATE COMPANY                                        | CUSIP: 44988Q106<br>LEI: N/A                  | Long             | EC               |  | US        |   2006665 | NS      | $20227183.20  | 3.09%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | JUNIOR CREDIT TERM LOAN                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |  18557211 | PA      | $18557211.10  | 2.83%             | N/A             | Floating      | 13.00%                | No            |                  3 | On Loan: No      |
| LAKE AT LAS VEGAS                          | LAKE AT LAS VEGAS 12/31/22                                      | CUSIP: 50202LAB0<br>LEI: N/A                  | Long             | LON              |  | US        |   6468575 | PA      | $6403888.78   | 0.98%             | 2025-12-31      | Floating      | 5.00%                 | No            |                  3 | On Loan: No      |
| N/A                                        | LLV HOLDCO INC LLVHSAM01                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |     34512 | NS      | $3750065.23   | 0.57%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | LLV HOLDCO INC LLVHSBM01                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |       436 | NS      | $47337.73     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | MEANINGFUL PARTNERS DEDICATEDCAPITAL VEHICLE II LP COMMON STOCK | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |    424675 | NS      | $10616885.94  | 1.62%             |  |  |  | No            |                  3 | On Loan: No      |
| MIDWAVE WIRELESS                           | MIDWAVE WIRELESS 2/27/2020                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | US        |  11559994 | PA      | $11539185.66  | 1.76%             | 2028-02-27      | Floating      | 13.00%                | No            |                  3 | On Loan: No      |
| MIDWAVE WIRELESS 5/20 TL                   | MIDWAVE WIRELESS 5/20 TL 2/28/2022                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | US        |     89828 | PA      | $89666.21     | 0.01%             | 2025-12-31      | Floating      | 13.00%                | No            |                  3 | On Loan: No      |
| MIDWAVE WIRELESS H                         | MIDWAVE WIRELESS H 2/28/2022                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | US        |     83810 | PA      | $83659.29     | 0.01%             | 2025-12-31      | Floating      | 12.90%                | No            |                  3 | On Loan: No      |
| N/A                                        | MIDWAVE WIRELESS, INC COMMON STOCK                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |     27134 | NS      | $11540904.22  | 1.76%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | MPM HOLDINGS INC/DE ESCROW SECURITY                             | CUSIP: 55336L102<br>LEI: N/A                  | Long             | EC               |  | US        |    299032 | NS      | $1495160.00   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| MidWave Wireless, Inc. Tranche J Loan      | MidWave Wireless, Inc. Tranche J Loan 12/31/2025                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | US        |    234208 | PA      | $233786.82    | 0.04%             | 2025-12-31      | Floating      | 13.00%                | No            |                  2 | On Loan: No      |
| MidWave Wireless, Inc. Tranche K Loan      | MidWave Wireless, Inc. Tranche K Loan 12/31/2025                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              |  | US        |   1740101 | PA      | $1740101.35   | 0.27%             | 2025-12-31      | Floating      | 13.00%                | No            |                  2 | On Loan: No      |
| N/A                                        | NEXLS LLC                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |       994 | NS      | $60335855.54  | 9.21%             |  |  |  | No            |                  3 | On Loan: No      |
| NEXPOINT DIVERSIFIED REAL ESTATE TRUST     | NEXPOINT DIVERSIFIED REAL ES REIT                               | CUSIP: 65340G205<br>LEI: 5493008KGR2NU3OXMR64 | Long             | EC               |  | US        |   1444014 | NS      | $6050418.66   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexpoint Real Estate Finance Inc           | NEXPOINT REAL ESTATE FINANCE REIT                               | CUSIP: 65342V101<br>LEI: N/A                  | Long             | EC               |  | US        |   4372286 | NS      | $60293821.06  | 9.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXPOINT RESIDENTIAL TRUST, INC.           | NEXPOINT RESIDENTIAL REIT                                       | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               |  | US        |    207255 | NS      | $6905736.60   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | NEXPOINT STORAGE PARTNERS SERIES A PREFERRED STOCK              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |     16103 | NS      | $11239844.68  | 1.72%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | NFRO HOLDINGS, LLC                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |   2276658 | NS      | $58869144.74  | 8.98%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | NFRO REIT SUB LLC NFRO REIT SUB                                 | CUSIP: 933DXD000<br>LEI: N/A                  | Long             | EC               |  | US        | 116277473 | NS      | $85886262.64  | 13.11%            |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | NFRO REIT SUB LLC NFRO REIT SUB II                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        | 104718416 | NS      | $82360929.35  | 12.57%            |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | NFRO SFR REIT SUB                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |   4869446 | NS      | $79651054.78  | 12.16%            |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | NFRO SPE, LLC - PROM NOTE                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   6700223 | PA      | $6700222.55   | 1.02%             | 2026-12-30      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| N/A                                        | NHT CONVERTIBLE PROM NOTE                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   6400000 | PA      | $4147200.00   | 0.63%             | N/A             | Floating      | 7.50%                 | No            |                  3 | On Loan: No      |
| N/A                                        | NHT CONVERTIBLE PROMISSORY NOTE                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |  42996610 | PA      | $27861803.20  | 4.25%             | N/A             | Floating      | 3.71%                 | No            |                  3 | On Loan: No      |
| NORTHWOODS CAPITAL LIMITED                 | NORTHWOODS CAPITAL XII-B LTD WOODS 2018-12BA F                  | CUSIP: 66858EAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $1577600.00   | 0.24%             | 2031-06-15      | Floating      | 12.75%                | Yes           |                  2 | On Loan: No      |
| N/A                                        | NREF OP IV REIT SUB, LLC TERM LOAN @ FIXED 7.50%                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6342472.50   | 0.97%             | 2027-10-18      | Floating      | 7.50%                 | No            |                  3 | On Loan: No      |
| N/A                                        | NXLST PROM NOTE 1  4.2% 12/31/28                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   5852170 | PA      | $5852169.85   | 0.89%             | N/A             | Floating      | 4.20%                 | No            |                  3 | On Loan: No      |
| Nexpoint Real Estate Finance Inc           | Nexpoint Real Estate Finance Inc PREFERRED STOCK                | CUSIP: 65342V408<br>LEI: N/A                  | Long             | EP               |  | US        |    150977 | NS      | $3484171.72   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| OZLM FUNDING LTD                           | OZLM XXII LTD OZLM 2018-22A E                                   | CUSIP: 67111XAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3124993 | PA      | $569686.17    | 0.09%             | 2031-01-17      | Floating      | 11.93%                | Yes           |                  2 | On Loan: No      |
| N/A                                        | SAPIENCE SERIES B PREFERRED SHARES                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |   2361111 | NS      | $8074999.62   | 1.23%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | SAPIENCE SERIES B-1 PREFERRED SHARES                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |   3440476 | NS      | $9874166.12   | 1.51%             |  |  |  | No            |                  3 | On Loan: No      |
| N/A                                        | SAPIENCE THERAPEUTICS PROMISSORY NOTE                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    150000 | PA      | $15634500.00  | 2.39%             | N/A             | Floating      | 8.00%                 | No            |                  3 | On Loan: No      |
| N/A                                        | SAPIENCE WARRANTS 08/23/2027                                    | CUSIP: 003CVR016<br>LEI: N/A                  | Long             | EC               |  | US        |   1800000 | NS      | $2844000.00   | 0.43%             |  |  |  | No            |                  3 | On Loan: No      |
| SARANAC CLO LIMITED                        | SARANAC CLO III LTD SRANC 2014-3A ER                            | CUSIP: 803166AG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3150000 | PA      | $910003.50    | 0.14%             | 2030-06-22      | Floating      | 12.35%                | Yes           |                  2 | On Loan: No      |
| N/A                                        | SFR OPERATING PARTNERSHIP, L.P. CONVERTIBLE NOTE                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |  45000000 | PA      | $43785000.00  | 6.68%             | N/A             | Floating      | 7.50%                 | No            |                  3 | On Loan: No      |
| SOUTH STREET SECURITIES FUNDING LLC        | SOUTH STREET SECURITIES FUNDING LLC 144A 6.250000% 12/30/2026   | CUSIP: 84046SAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3870000.00   | 0.59%             | 2026-12-30      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                        | SPE OPERATING PARTNERSHIP, L.P. PROMISSORY NOTE                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |  11858333 | PA      | $11858333.00  | 1.81%             | N/A             | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| TALOS ENERGY INC.                          | TALOS ENERGY INC COMMON STOCK                                   | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               |  | US        |   1010612 | NS      | $8569989.76   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | TCAL MEZZ LENDER, LLC PROMISSORY NOTE                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |  21000000 | PA      | $21000000.00  | 3.20%             | 2027-11-26      | Floating      | 13.00%                | No            |                  3 | On Loan: No      |
| Telesat Corporation                        | TELESAT CORP COMMON STOCK                                       | CUSIP: 879512309<br>LEI: N/A                  | Long             | EC               |  | US        |    152894 | NS      | $3736729.36   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | VALUE CREATION INC LX113920                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |   1118286 | NS      | $49872.20     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| THL CREDIT WIND RIVER CLO LLC              | WINDR 2014-2A SUB - THL CREDIT WIND RIVER 2014-2 C 01/15/2031   | CUSIP: 88432BAC2<br>LEI: N/A                  | Long             | ABS-MBS          |  | KY        |   5955627 | PA      | $95290.03     | 0.01%             | 2031-01-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| WHEELER REAL ESTATE INVESTMENT TRUST, INC. | Wheeler Real Estate Investment Trust Inc PREFERRED STOCK        | CUSIP: 963025309<br>LEI: 5493005TOFFG62ETJY29 | Long             | EP               |  | US        |     82301 | NS      | $305336.71    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| WHEELER REAL ESTATE INVESTMENT TRUST, INC. | Wheeler Real Estate Investment Trust Inc PREFERRED STOCK        | CUSIP: 963025606<br>LEI: 5493005TOFFG62ETJY29 | Long             | EP               |  | US        |     47300 | NS      | $1616714.00   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Highland Income Fund

**Signature:** Stephanie Vitiello

**Name of Signer:** Stephanie Vitiello

**Title:** CCO