NexPoint Credit Strategies Fund is a non-diversified, closed-end management investment company. The Fund seeks to provide both current income and capital appreciation. The Fund invests in several sectors, including Real Estate, Financial, Consumer Discretionary, Asset-Backed Securities and Media & Telecommunications. The Fund's investments comprise senior loans, asset-backed securities, corporate bonds and notes, common stocks, preferred stocks, exchange-traded funds, warrants, securities sold short and options. The Fund purchases and writes options, subject to certain limitations. The Fund may invest in options contracts to manage its exposure to the stock and bond markets and fluctuations in foreign currency values. NexPoint Advisors, L.P. is the investment adviser and administrator to the Fund.