NexPoint Strategic Opportunities Fund is a closed-end investment company that aims to provide both income and capital appreciation. It invests in public and private equity securities, CLOs debt, high yield bonds, syndicated floating rate bank loans, real estate assets, and other non-traditional yield-oriented investments to achieve its goals. The Trust invests in various sectors such as healthcare, energy, media and telecommunications, information technology, and more, with investment advice provided by NexPoint Advisers L.P.