NexPoint Strategic Opportunities Fund (NXDT) - Net Assets
Based on the latest financial reports, NexPoint Strategic Opportunities Fund (NXDT) has net assets worth $720.78 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.07 Billion) and total liabilities ($353.87 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check NXDT tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $720.78 Million |
| % of Total Assets | 67.07% |
| Annual Growth Rate | 3.24% |
| 5-Year Change | -27.52% |
| 10-Year Change | 28.1% |
| Growth Volatility | 22.44 |
NexPoint Strategic Opportunities Fund - Net Assets Trend (2012–2025)
This chart illustrates how NexPoint Strategic Opportunities Fund's net assets have evolved over time, based on quarterly financial data. See NexPoint Strategic Opportunities Fund (NXDT) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for NexPoint Strategic Opportunities Fund (2012–2025)
The table below shows the annual net assets of NexPoint Strategic Opportunities Fund from 2012 to 2025. For live valuation and market cap data, see NexPoint Strategic Opportunities Fund (NXDT) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $720.78 Million | -13.53% |
| 2024-12-31 | $833.54 Million | -5.82% |
| 2023-12-31 | $885.07 Million | -13.04% |
| 2022-12-31 | $1.02 Billion | +2.35% |
| 2021-12-31 | $994.46 Million | +25.75% |
| 2020-12-31 | $790.82 Million | -18.78% |
| 2019-12-31 | $973.64 Million | +26.82% |
| 2018-12-31 | $767.71 Million | +29.61% |
| 2017-12-31 | $592.31 Million | +5.26% |
| 2016-12-31 | $562.69 Million | -10.35% |
| 2015-12-31 | $627.63 Million | -27.09% |
| 2014-12-31 | $860.88 Million | +18.83% |
| 2013-12-31 | $724.48 Million | +52.12% |
| 2012-12-31 | $476.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NexPoint Strategic Opportunities Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 30129101200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $50.00K | 0.01% |
| Other Components | $1.08 Billion | 150.25% |
| Total Equity | $720.47 Million | 100.00% |
NexPoint Strategic Opportunities Fund Competitors by Market Cap
The table below lists competitors of NexPoint Strategic Opportunities Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FB Bancorp, Inc. Common Stock
NASDAQ:FBLA
|
$227.55 Million |
|
Flexsteel Industries Inc
NASDAQ:FLXS
|
$227.58 Million |
|
NXG NextGen Infrastructure Income Fund
NYSE:NXG
|
$227.70 Million |
|
Bitcoin Infrastructure Acquisition Corp Ltd. Class A Ordinary Shares
NASDAQ:BIXI
|
$227.70 Million |
|
Arqit Quantum Inc.
NASDAQ:ARQQ
|
$227.45 Million |
|
RF Capital Group Inc
TO:RCG
|
$227.36 Million |
|
Partron Co. Ltd
KQ:091700
|
$227.30 Million |
|
Medallion Financial Corp
NASDAQ:MFIN
|
$227.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NexPoint Strategic Opportunities Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 836,508,000 to 720,470,000, a change of -116,038,000 (-13.9%).
- Net loss of 125,051,000 reduced equity.
- Dividend payments of 10,629,000 reduced retained earnings.
- Share repurchases of 2,407,000 reduced equity.
- New share issuances of 20,379,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-125.05 Million | -17.36% |
| Dividends Paid | $10.63 Million | -1.48% |
| Share Repurchases | $2.41 Million | -0.33% |
| Share Issuances | $20.38 Million | +2.83% |
| Other Changes | $1.67 Million | +0.23% |
| Total Change | $- | -13.87% |
Book Value vs Market Value Analysis
This analysis compares NexPoint Strategic Opportunities Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.29x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.15x to 0.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $29.82 | $4.53 | x |
| 2013-12-31 | $45.36 | $4.53 | x |
| 2014-12-31 | $53.90 | $4.53 | x |
| 2015-12-31 | $39.30 | $4.53 | x |
| 2016-12-31 | $29.04 | $4.53 | x |
| 2017-12-31 | $25.63 | $4.53 | x |
| 2018-12-31 | $23.74 | $4.53 | x |
| 2019-12-31 | $23.98 | $4.53 | x |
| 2020-12-31 | $17.32 | $4.53 | x |
| 2021-12-31 | $26.66 | $4.53 | x |
| 2022-12-31 | $27.38 | $4.53 | x |
| 2023-12-31 | $23.71 | $4.53 | x |
| 2024-12-31 | $20.79 | $4.53 | x |
| 2025-12-31 | $15.58 | $4.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NexPoint Strategic Opportunities Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -135.99%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.49x
- Recent ROE (-17.36%) is below the historical average (5.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 12.67% | 144.83% | 0.06x | 1.57x | $12.74 Million |
| 2013 | 39.10% | 510.27% | 0.05x | 1.60x | $210.84 Million |
| 2014 | 21.00% | 248.08% | 0.05x | 1.59x | $94.70 Million |
| 2015 | -18.60% | -64.77% | 0.29x | 1.00x | $-179.50 Million |
| 2016 | 16.42% | 388.51% | 0.04x | 1.00x | $36.13 Million |
| 2017 | 14.20% | 95.84% | 0.13x | 1.17x | $24.90 Million |
| 2018 | 5.19% | 91.43% | 0.04x | 1.36x | $-36.95 Million |
| 2019 | 6.76% | 91.15% | 0.05x | 1.39x | $-31.58 Million |
| 2020 | -15.27% | 0.00% | -0.13x | 1.08x | $-199.85 Million |
| 2021 | 25.14% | 97.47% | 0.24x | 1.05x | $150.56 Million |
| 2022 | 4.80% | 53.77% | 0.07x | 1.20x | $-52.88 Million |
| 2023 | -13.25% | 0.00% | -0.05x | 1.24x | $-205.75 Million |
| 2024 | -5.59% | -123.76% | 0.03x | 1.46x | $-130.38 Million |
| 2025 | -17.36% | -135.99% | 0.09x | 1.49x | $-197.10 Million |
Industry Comparison
This section compares NexPoint Strategic Opportunities Fund's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $594,125,221
- Average return on equity (ROE) among peers: 0.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NexPoint Strategic Opportunities Fund (NXDT) | $720.78 Million | 12.67% | 0.49x | $227.49 Million |
| American Assets Trust Inc (AAT) | $686.58 Million | 3.29% | 1.67x | $1.47 Billion |
| Armada Hflr Pr (AHH) | $420.28 Million | 5.01% | 1.48x | $487.33 Million |
| Armada Hoffler Properties, Inc. (AHRT) | $779.82 Million | 2.81% | 1.49x | $506.62 Million |
| Broadstone Net Lease Inc (BNL) | $1.53 Billion | 4.54% | 1.03x | $3.95 Billion |
| CTO Realty Growth Inc (CTO) | $612.80 Million | -0.32% | 0.93x | $623.55 Million |
| Empire State Realty Trust Inc (ESRT) | $-10.86 Million | 0.00% | 0.00x | $886.72 Million |
| FrontView REIT, Inc. (FVR) | $31.82 Million | -8.79% | 0.10x | $411.59 Million |
| Generation Income Properties Inc (GIPR) | $10.63 Million | -14.18% | 2.78x | $1.44 Million |
| Global Net Lease, Inc. (GNL) | $1.71 Billion | 2.72% | 1.16x | $1.95 Billion |
| Gladstone Commercial Corporation (GOOD) | $171.30 Million | 14.01% | 5.39x | $584.27 Million |
About NexPoint Strategic Opportunities Fund
NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified real estate investment trust. It focuses on the acquisition, development, and management of opportunistic and value-add investments throughout the United States across multiple sectors where NexPoint and its affiliates have operational expertise. NXDT is externally advised by NexPoint Real Estate Advisor… Read more