The NexPoint Event Driven Fund Class A (HHCAX) is a mutual fund that focuses on event-driven investing strategies. This means that the fund's managers will actively seek out and invest in companies that are undergoing significant corporate events, such as mergers, acquisitions, or restructurings. This approach allows the fund to potentially benefit from the potential price movements and opportunities that arise from these events. As a Class A fund, it likely has a front-end sales charge and is designed for individual investors.