Quarterly Update on Highland Funds

2008-10-23 23:39:03 -

www.hcmlp.com/Retail/Default.aspx - Please join us for an informative conference call with Highland Funds. The portfolio managers of Highland Funds will discuss the third quarter of 2008, as well as provide their insight and thoughts on the market.

PLEASE NOTE: In order to use your time efficiently and answer your questions satisfactorily, we will be accepting questions prior the call via our website. Please visit www.highlandfunds.com and select the "Contact Us" link along the navigation bar under "Retail." Please select the Fund your question is in relation to, select "Conference Call Question" as your topic, type your question in the text box provided, and select "Submit."

The deadline for submitting questions is Monday, November 3rd at 4:00 p.m. EST/3:00 p.m. CST.

* his will replace the open Q&A session at the end of the call.**

Wednesday, November 5th, 2008 at 4:15 p.m. EST, 3:15 p.m. CST, 1:15 p.m. PST -0- Conference Call Number: 877.440.5796 Passcode: 4979552

Please dial in at least 5-10 minutes prior to the scheduled start time.

The call will be available for replay, for one week following the call, at 888.203.1112 (reference same pass code), and a transcript may be posted within one week at www.highlandfunds.com.

For more information please call: 877.665.1287, Advisors press 1

Investors should consider the investment objectives, risks, charges and expenses of the Highland Funds carefully before investing. Please call 1.877.665.1287 or visit www.highlandfunds.com more information on the Funds. Please read the prospectus carefully before you invest.

Highland's mutual and interval funds are distributed by PFPC Distributors, Inc., which is not an affiliate of the adviser. Don Salvino is a registered representative of NexBank Securities, Inc. Securities may be offered through NexBank Securities, Inc., an affiliate of Highland Capital Management, L.P.NexBank Securities, Inc., a FINRA member firm.

Highland Funds
Shareholder Relations, 877-665-1287