The Nexpoint Merger Arbitrage Fund Class C (HMECX) is a mutual fund that focuses on investing in companies that are involved in mergers and acquisitions. This fund aims to take advantage of potential price discrepancies between the target company's stock price and the offer price during a merger or acquisition. It is classified as Class C, which typically has a higher expense ratio but may also offer lower initial investment requirements. This fund may be suitable for investors seeking potential returns from the fast-paced world of mergers and acquisitions.