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NEXPOINT DIVERSIFIED REAL ESTATE TRUST 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s Form 8-K, filed June 2, 2026 (Item 5.07 on EDGAR). Page generated October 14, 2026.

  • 13Reported items
  • 152Asset managers
  • 1,310Fund votes
  • June 2, 2026Meeting date

Results at a glance

Meeting of June 2, 2026: 12 items on NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s Form 8-K, filed June 2, 2026: 4 approved · 1 not approved · 7 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore NEXPOINT DIVERSIFIED REAL ESTATE TRUST in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by NEXPOINT DIVERSIFIED REAL ESTATE TRUST

These tallies are NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 2, 2026 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

NEXPOINT DIVERSIFIED REAL ESTATE TRUST — official shareholder meeting results, meeting held June 2, 2026
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: James Dondero 27,530,193---- 2,416,57914,436,658 92%Not verified—
Elect Director: Brian Mitts 27,712,602---- 2,234,17014,436,658 93%Not verified—
Elect Director: Edward Constantino 26,749,675---- 3,197,09714,436,658 89%Not verified—
Elect Director: Scott Kavanaugh 24,208,120---- 5,738,65214,436,658 81%Not verified—
Elect Director: Arthur Laffer 26,863,985---- 3,082,78714,436,658 90%Not verified—
Elect Director: Carol Swain 26,814,757---- 3,132,01514,436,658 90%Not verified—
Elect Director: Catherine Wood 25,305,303---- 4,641,46914,436,658 85%Not verified—
2. Approval, on an advisory basis, of the compensation of the Company ' s named executive officers. The compensation of the Company's named executive officers 26,993,1802,516,601436,991 --14,436,658 91%Approved—
3. Approval of the NexPoint Diversified Real Estate Trust 2026 Long Term Incentive Plan. The 2026 LTIP 26,945,9642,833,644167,164 --14,436,658 90%Approved—
4. Approval, in accordance with Section 312.03(c) of the New York Stock Exchange Listed Company Manual and Section 11(g) of the Statement of Preferences of 9.00% Series B Cumulative Redeemable Preferred Shares (the " Series B Preferred Shares " ), of the issua 27,382,1862,442,145122,441 --14,436,658 92%Approved—
5. Ratification of the appointment of KPMG LLP as the Company ' s independent registered public accounting firm for 2026. The appointment 42,760,0801,514,886108,464 --0 97%Approved—
6. Shareholder proposal. The shareholder proposal regarding liquidating the Company's assets 4,570,99725,160,407215,368 --14,436,658 15%Not approved—

Source: NEXPOINT DIVERSIFIED REAL ESTATE TRUST, Form 8-K, filed with the SEC on June 2, 2026 — read the filing on EDGAR.

How asset managers voted at the NEXPOINT DIVERSIFIED REAL ESTATE TRUST 2025-2026 meeting

Each item below shows how the 152 asset managers that disclosed a NEXPOINT DIVERSIFIED REAL ESTATE TRUST vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Director: Arthur Laffer

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%
FOR: 26,863,985WITHHELD: 3,082,787
Details: description as filed, official tally, votes by 42 asset managers

Description as filed by funds: To elect seven trustees to serve until the 2027 annual meeting of shareholders: Arthur Laffer

NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own tally for this item (“Elect Director: Arthur Laffer”): 26,863,985 for, 3,082,787 withheld, per its Form 8-K filed June 2, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 90% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 39 asset managers voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Arthur Laffer” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,711,0940 50For
HIGHLAND OPPORTUNITIES & INCOME FUND1,559,1490 00For
BlackRock1,529,4170 00For
Starboard00 0877,806Withhold
Fidelity812,6710 00For
HIGHLAND GLOBAL ALLOCATION FUND685,7850 00For
Modern Capital Funds Trust528,5610 00For
Charles Schwab345,7420 00For
TIAA196,6990 00For
Equitable100,1110 00For
Capitol Series Trust00 065,099Withhold
QUANTITATIVE MASTER SERIES LLC58,3560 00For
MUTUAL FUND SERIES TRUST34,4770 00For
Lincoln Financial25,9260 00For
Goldman Sachs17,2490 00For
Global X16,9480 00For
Pacific Life16,3140 00For
Bridge Builder Trust15,9180 00For
Nationwide15,0710 00For
Brighthouse00 012,700Withhold
John Hancock00 010,195Withhold
SEI7,5960 00For
ProShares00 05,988Withhold
DWS00 05,344Withhold
First Trust00 05,167Withhold

Fund voting reports, all 39 managers: 7,688,630 for, 993,926 withheld, 5 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Arthur Laffer” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Berkeley Capital Partners, LLC114,3170 00For

Institutional-manager reports, all 1 managers: 114,317 for.

2. Elect Director: Brian Mitts

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 27,712,602WITHHELD: 2,234,170
Details: description as filed, official tally, votes by 42 asset managers

Description as filed by funds: To elect seven trustees to serve until the 2027 annual meeting of shareholders: Brian Mitts

NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own tally for this item (“Elect Director: Brian Mitts”): 27,712,602 for, 2,234,170 withheld, per its Form 8-K filed June 2, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 39 asset managers voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Brian Mitts” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,711,0960 30For
HIGHLAND OPPORTUNITIES & INCOME FUND1,559,1490 00For
BlackRock1,529,4170 00For
Starboard00 0877,806Withhold
Fidelity812,6710 00For
HIGHLAND GLOBAL ALLOCATION FUND685,7850 00For
Modern Capital Funds Trust528,5610 00For
Charles Schwab345,7420 00For
TIAA196,6990 00For
Equitable100,1110 00For
Capitol Series Trust65,0990 00For
QUANTITATIVE MASTER SERIES LLC58,3560 00For
MUTUAL FUND SERIES TRUST34,4770 00For
Lincoln Financial25,9260 00For
Goldman Sachs17,2490 00For
Global X16,9480 00For
Pacific Life16,3140 00For
Bridge Builder Trust15,9180 00For
Nationwide15,0710 00For
Brighthouse12,7000 00For
John Hancock10,1950 00For
SEI7,5960 00For
ProShares5,9880 00For
DWS5,3440 00For
First Trust5,1670 00For

Fund voting reports, all 39 managers: 7,804,572 for, 877,986 withheld, 3 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Brian Mitts” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Berkeley Capital Partners, LLC114,3170 00For

Institutional-manager reports, all 1 managers: 114,317 for.

3. Elect Director: Carol Swain

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%
FOR: 26,814,757WITHHELD: 3,132,015
Details: description as filed, official tally, votes by 42 asset managers

Description as filed by funds: To elect seven trustees to serve until the 2027 annual meeting of shareholders: Carol Swain

NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own tally for this item (“Elect Director: Carol Swain”): 26,814,757 for, 3,132,015 withheld, per its Form 8-K filed June 2, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 90% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 39 asset managers voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Carol Swain” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,711,0940 50For
HIGHLAND OPPORTUNITIES & INCOME FUND1,559,1490 00For
BlackRock1,529,4170 00For
Starboard00 0877,806Withhold
Fidelity812,6710 00For
HIGHLAND GLOBAL ALLOCATION FUND685,7850 00For
Modern Capital Funds Trust528,5610 00For
Charles Schwab345,7420 00For
TIAA196,6990 00For
Equitable100,1110 00For
Capitol Series Trust00 065,099Withhold
QUANTITATIVE MASTER SERIES LLC58,3560 00For
MUTUAL FUND SERIES TRUST34,4770 00For
Lincoln Financial25,9260 00For
Goldman Sachs17,2490 00For
Global X16,9480 00For
Pacific Life16,3140 00For
Bridge Builder Trust15,9180 00For
Nationwide15,0710 00For
Brighthouse00 012,700Withhold
John Hancock00 010,195Withhold
SEI7,5960 00For
ProShares00 05,988Withhold
DWS00 05,344Withhold
First Trust00 05,167Withhold

Fund voting reports, all 39 managers: 7,688,630 for, 993,926 withheld, 5 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Carol Swain” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Berkeley Capital Partners, LLC114,3170 00For

Institutional-manager reports, all 1 managers: 114,317 for.

4. Elect Director: Catherine Wood

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

85% Majority: yes · of votes cast

FOR 85%WITHHELD
FOR: 25,305,303WITHHELD: 4,641,469
Details: description as filed, official tally, votes by 42 asset managers

Description as filed by funds: To elect seven trustees to serve until the 2027 annual meeting of shareholders: Catherine Wood

NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own tally for this item (“Elect Director: Catherine Wood”): 25,305,303 for, 4,641,469 withheld, per its Form 8-K filed June 2, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 85% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 39 asset managers voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Catherine Wood” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,709,7240 81,368For
HIGHLAND OPPORTUNITIES & INCOME FUND1,559,1490 00For
BlackRock1,529,4170 00For
Starboard00 0877,806Withhold
Fidelity00 0812,671Withhold
HIGHLAND GLOBAL ALLOCATION FUND685,7850 00For
Modern Capital Funds Trust528,5610 00For
Charles Schwab345,7420 00For
TIAA00 0196,699Withhold
Equitable100,1110 00For
Capitol Series Trust00 065,099Withhold
QUANTITATIVE MASTER SERIES LLC58,3560 00For
MUTUAL FUND SERIES TRUST34,4770 00For
Lincoln Financial25,9260 00For
Goldman Sachs17,2490 00For
Global X16,9480 00For
Pacific Life16,3140 00For
Bridge Builder Trust15,9180 00For
Nationwide11,6550 03,416Mixed
Brighthouse00 012,700Withhold
John Hancock00 010,195Withhold
SEI7,5960 00For
ProShares00 05,988Withhold
DWS00 05,344Withhold
First Trust00 05,167Withhold

Fund voting reports, all 39 managers: 6,669,948 for, 2,012,606 withheld, 8 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Catherine Wood” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Berkeley Capital Partners, LLC114,3170 00For

Institutional-manager reports, all 1 managers: 114,317 for.

5. Elect Director: Edward Constantino

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%
FOR: 26,749,675WITHHELD: 3,197,097
Details: description as filed, official tally, votes by 42 asset managers

Description as filed by funds: To elect seven trustees to serve until the 2027 annual meeting of shareholders: Edward Constantino

NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own tally for this item (“Elect Director: Edward Constantino”): 26,749,675 for, 3,197,097 withheld, per its Form 8-K filed June 2, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 89% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 39 asset managers voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Edward Constantino” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,711,0940 50For
HIGHLAND OPPORTUNITIES & INCOME FUND1,559,1490 00For
BlackRock1,529,4170 00For
Starboard00 0877,806Withhold
Fidelity812,6710 00For
HIGHLAND GLOBAL ALLOCATION FUND685,7850 00For
Modern Capital Funds Trust528,5610 00For
Charles Schwab345,7420 00For
TIAA196,6990 00For
Equitable100,1110 00For
Capitol Series Trust00 065,099Withhold
QUANTITATIVE MASTER SERIES LLC58,3560 00For
MUTUAL FUND SERIES TRUST34,4770 00For
Lincoln Financial25,9260 00For
Goldman Sachs17,2490 00For
Global X16,9480 00For
Pacific Life16,3140 00For
Bridge Builder Trust15,9180 00For
Nationwide15,0710 00For
Brighthouse00 012,700Withhold
John Hancock00 010,195Withhold
SEI7,5960 00For
ProShares00 05,988Withhold
DWS00 05,344Withhold
First Trust00 05,167Withhold

Fund voting reports, all 39 managers: 7,688,630 for, 993,926 withheld, 5 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Edward Constantino” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Berkeley Capital Partners, LLC114,3170 00For

Institutional-manager reports, all 1 managers: 114,317 for.

6. Elect Director: James Dondero

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%
FOR: 27,530,193WITHHELD: 2,416,579
Details: description as filed, official tally, votes by 42 asset managers

Description as filed by funds: To elect seven trustees to serve until the 2027 annual meeting of shareholders: James Dondero

NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own tally for this item (“Elect Director: James Dondero”): 27,530,193 for, 2,416,579 withheld, per its Form 8-K filed June 2, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 92% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 39 asset managers voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: James Dondero” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,709,7280 41,368For
HIGHLAND OPPORTUNITIES & INCOME FUND1,559,1490 00For
BlackRock1,529,4170 00For
Starboard00 0877,806Withhold
Fidelity812,6710 00For
HIGHLAND GLOBAL ALLOCATION FUND685,7850 00For
Modern Capital Funds Trust528,5610 00For
Charles Schwab345,7420 00For
TIAA196,6990 00For
Equitable100,1110 00For
Capitol Series Trust65,0990 00For
QUANTITATIVE MASTER SERIES LLC58,3560 00For
MUTUAL FUND SERIES TRUST34,4770 00For
Lincoln Financial25,9260 00For
Goldman Sachs17,2490 00For
Global X16,9480 00For
Pacific Life16,3140 00For
Bridge Builder Trust15,9180 00For
Nationwide15,0710 00For
Brighthouse12,7000 00For
John Hancock10,1950 00For
SEI7,5960 00For
ProShares5,9880 00For
DWS5,3440 00For
First Trust5,1670 00For

Fund voting reports, all 39 managers: 7,800,115 for, 882,443 withheld, 4 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: James Dondero” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Berkeley Capital Partners, LLC114,3170 00For

Institutional-manager reports, all 1 managers: 114,317 for.

7. Elect Director: Scott Kavanaugh

Outcome not verifiedFund totals may overlapDIRECTOR ELECTIONSReported outcome: Not verified

Combines 4 wordings of this item as funds reported it.

81% Majority: yes · of votes cast

FOR 81%WITHHELD
FOR: 24,208,120WITHHELD: 5,738,652
Details: description as filed, official tally, votes by 42 asset managers

Description as filed by funds: To elect seven trustees to serve until the 2027 annual meeting of shareholders: Scott Kavanaugh

NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own tally for this item (“Elect Director: Scott Kavanaugh”): 24,208,120 for, 5,738,652 withheld, per its Form 8-K filed June 2, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 81% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 39 asset managers voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Scott Kavanaugh” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,709,7240 81,368For
HIGHLAND OPPORTUNITIES & INCOME FUND1,559,1490 00For
BlackRock1,529,4170 00For
Starboard00 0877,806Withhold
Fidelity00 0812,671Withhold
HIGHLAND GLOBAL ALLOCATION FUND685,7850 00For
Modern Capital Funds Trust528,5610 00For
Charles Schwab345,7420 00For
TIAA196,6990 00For
Equitable65,5550 034,556Mixed
Capitol Series Trust00 065,099Withhold
QUANTITATIVE MASTER SERIES LLC58,3560 00For
MUTUAL FUND SERIES TRUST34,4770 00For
Lincoln Financial00 025,926Withhold
Goldman Sachs17,2490 00For
Global X00 016,948Withhold
Pacific Life16,3140 00For
Bridge Builder Trust15,9180 00For
Nationwide15,0710 00For
Brighthouse00 012,700Withhold
John Hancock00 010,195Withhold
SEI00 07,596Withhold
ProShares00 05,988Withhold
DWS00 05,344Withhold
First Trust00 05,167Withhold

Fund voting reports, all 39 managers: 6,778,269 for, 1,904,285 withheld, 8 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “To elect seven trustees to serve until the 2027 annual meeting of shareholders: Scott Kavanaugh” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Berkeley Capital Partners, LLC114,3170 00For

Institutional-manager reports, all 1 managers: 114,317 for.

8. 4. Approval, in accordance with Section 312.03(c) of the New York Stock Exchange Listed Company Manual and Section…

Official resultFund totals may overlapEXTRAORDINARY TRANSACTIONSReported outcome: Approved

92% Approved · of votes cast

FOR 92%
FOR: 27,382,186AGAINST: 2,442,145
Details: description as filed, official tally, votes by 40 asset managers

Description as filed by funds: To approve, in accordance with Section 312.03(c) of the New York Stock Exchange Listed Company Manual and Section 11(g) of the Statement of Preferences of 9.00% Series B Cumulative Redeemable Preferred Shares, the issuance of common shares upon the conversion or redemption of any and all of the 9.00% Series B Cumulative Redeemable Preferred Shares, par value $0.001 per share, liquidation preference $25.00 per share, of the Company purchased by investors in a registered continuous offering, as more fully described in the proxy materials.

NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own tally for this item (“4. Approval, in accordance with Section 312.03(c) of the New York Stock Exchange Listed Company Manual and Section 11(g) of the Statement of Preferences of 9.00% Series B Cumulative Redeemable Preferred Shares (the " Ser”): 27,382,186 for, 2,442,145 against — passed, per its Form 8-K filed June 2, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The issuance of common shares upon the conversion or redemption of the Series B Preferred Shares was approved.”
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Approve the issuance of common shares upon the conversion or redemption of the Series B Preferred Shares” (2 managers, no shares for or against).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 39 asset managers voting on “To approve, in accordance with Section 312.03(c) of the New York Stock Exchange Listed Company Manual and Sect” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,711,0953 00For
HIGHLAND OPPORTUNITIES & INCOME FUND1,559,1490 00For
BlackRock1,529,4170 00For
Starboard0877,806 00Against
Fidelity812,6710 00For
HIGHLAND GLOBAL ALLOCATION FUND685,7850 00For
Modern Capital Funds Trust528,5610 00For
Charles Schwab345,7420 00For
TIAA196,6990 00For
Equitable100,1110 00For
Capitol Series Trust65,0990 00For
QUANTITATIVE MASTER SERIES LLC58,3560 00For
MUTUAL FUND SERIES TRUST34,4770 00For
Lincoln Financial025,926 00Against
Goldman Sachs17,2490 00For
Global X16,9480 00For
Pacific Life16,3140 00For
Bridge Builder Trust15,9180 00For
Nationwide15,0710 00For
Brighthouse12,7000 00For
John Hancock10,1950 00For
SEI7,5960 00For
ProShares5,9880 00For
DWS5,3440 00For
First Trust5,1670 00For

Fund voting reports, all 39 managers: 7,774,953 for, 907,607 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “To approve, in accordance with Section 312.03(c) of the New York Stock Exchange Listed Company Manual and Sect” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Berkeley Capital Partners, LLC114,3170 00For

Institutional-manager reports, all 1 managers: 114,317 for.

9. 3. Approval of the NexPoint Diversified Real Estate Trust 2026 Long Term Incentive Plan. The 2026 LTIP

Official resultFund totals may overlapCOMPENSATIONReported outcome: Approved

Combines 3 wordings of this item as funds reported it.

90% Approved · of votes cast

FOR 90%
FOR: 26,945,964AGAINST: 2,833,644
Details: description as filed, official tally, votes by 42 asset managers

Description as filed by funds: To approve the NexPoint Diversified Real Estate Trust 2026 Long Term Incentive Plan.

NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own tally for this item (“3. Approval of the NexPoint Diversified Real Estate Trust 2026 Long Term Incentive Plan. The 2026 LTIP”): 26,945,964 for, 2,833,644 against — passed, per its Form 8-K filed June 2, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The 2026 LTIP was approved.”
Support: 90% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 39 asset managers voting on “To approve the NexPoint Diversified Real Estate Trust 2026 Long Term Incentive Plan.” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,711,0954 00For
HIGHLAND OPPORTUNITIES & INCOME FUND1,559,1490 00For
BlackRock1,529,4170 00For
Starboard0877,806 00Against
Fidelity812,6710 00For
HIGHLAND GLOBAL ALLOCATION FUND685,7850 00For
Modern Capital Funds Trust528,5610 00For
Charles Schwab345,7420 00For
TIAA0196,699 00Against
Equitable100,1110 00For
Capitol Series Trust65,0990 00For
QUANTITATIVE MASTER SERIES LLC58,3560 00For
MUTUAL FUND SERIES TRUST34,4770 00For
Lincoln Financial25,9260 00For
Goldman Sachs17,2490 00For
Global X16,9480 00For
Pacific Life16,3140 00For
Bridge Builder Trust15,9180 00For
Nationwide15,0710 00For
Brighthouse12,7000 00For
John Hancock10,1950 00For
SEI7,5960 00For
ProShares5,9880 00For
DWS5,3440 00For
First Trust5,1670 00For

Fund voting reports, all 39 managers: 7,604,963 for, 1,077,598 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “To approve the NexPoint Diversified Real Estate Trust 2026 Long Term Incentive Plan.” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Berkeley Capital Partners, LLC114,3170 00For

Institutional-manager reports, all 1 managers: 114,317 for.

10. 2. Approval, on an advisory basis, of the compensation of the Company ' s named executive officers. The compensation of…

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 4 wordings of this item as funds reported it.

91% Approved · of votes cast

FOR 91%
FOR: 26,993,180AGAINST: 2,516,601
Details: description as filed, official tally, votes by 152 asset managers

Description as filed by funds: To approve, on an advisory basis, the compensation of our named executive officers.

NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own tally for this item (“2. Approval, on an advisory basis, of the compensation of the Company ' s named executive officers. The compensation of the Company's named executive officers”): 26,993,180 for, 2,516,601 against — passed, per its Form 8-K filed June 2, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The compensation of the Company's named executive officers was approved.”
Support: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 39 asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers.” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,711,0954 00For
HIGHLAND OPPORTUNITIES & INCOME FUND1,559,1490 00For
BlackRock1,529,4170 00For
Starboard0877,806 00Against
Fidelity812,6710 00For
HIGHLAND GLOBAL ALLOCATION FUND685,7850 00For
Modern Capital Funds Trust528,5610 00For
Charles Schwab345,7420 00For
TIAA0196,699 00Against
Equitable100,1110 00For
Capitol Series Trust65,0990 00For
QUANTITATIVE MASTER SERIES LLC58,3560 00For
MUTUAL FUND SERIES TRUST34,4770 00For
Lincoln Financial25,9260 00For
Goldman Sachs17,2490 00For
Global X16,9480 00For
Pacific Life16,3140 00For
Bridge Builder Trust15,9180 00For
Nationwide15,0710 00For
Brighthouse12,7000 00For
John Hancock10,1950 00For
SEI7,5960 00For
ProShares5,9880 00For
DWS5,3440 00For
First Trust5,1670 00For

Fund voting reports, all 39 managers: 7,608,052 for, 1,074,509 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 121 asset managers voting on “To approve, on an advisory basis, the compensation of our named executive officers.” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock974,95234 00For
GEODE CAPITAL MANAGEMENT, LLC952,1620 00For
Matisse Capital0883,189 00Against
TCW GROUP INC837,5870 00For
NexPoint Advisors, L.P.700,3750 00For
State Street463,418136 00For
Charles Schwab345,9790 00For
Vanguard277,2280 00For
OPPENHEIMER & CO INC217,1000 00For
Nuveen0216,872 00Against
Northern Trust162,0530 00For
STIFEL NICOLAUS & CO INC \MO\137,5850 00For
MELLON INVESTMENTS Corp0117,330 00Against
Berkeley Capital Partners, LLC114,3170 00For
NICOLET BANKSHARES INC103,8670 00For
Thomas J. Herzfeld Advisors, Inc.099,533 00Against
Atlas Wealth LLC080,864 00Against
FULLER & THALER ASSET MANAGEMENT, INC.76,1480 00For
AQR74,1750 00For
Yakira Capital Management, Inc.00 71,0260Abstain
NOMURA ASSET MANAGEMENT CO LTD61,9460 00For
Asset Management One Co., Ltd.56,6530 00For
T. Rowe Price55,0200 00For
Goldman Sachs52,2780 00For
AllianceBernstein48,3980 00For

Institutional-manager reports, all 121 managers: 6,220,505 for, 1,429,819 against, 71,026 abstained. Showing the 25 largest; see all in the interactive database.

11. 5. Ratification of the appointment of KPMG LLP as the Company ' s independent registered public accounting firm for…

Official resultFund totals may overlapAUDIT-RELATEDReported outcome: Approved

Combines 2 wordings of this item as funds reported it.

97% Approved · of votes cast

FOR 97%
FOR: 42,760,080AGAINST: 1,514,886
Details: description as filed, official tally, votes by 42 asset managers

Description as filed by funds: To ratify the appointment of KPMG LLP as our independent registered public accounting firm for 2026.

NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s own tally for this item (“5. Ratification of the appointment of KPMG LLP as the Company ' s independent registered public accounting firm for 2026. The appointment”): 42,760,080 for, 1,514,886 against — passed, per its Form 8-K filed June 2, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The appointment was ratified.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 39 asset managers voting on “To ratify the appointment of KPMG LLP as our independent registered public accounting firm for 2026.” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard1,711,0963 00For
HIGHLAND OPPORTUNITIES & INCOME FUND1,559,1490 00For
BlackRock1,529,4170 00For
Starboard0877,806 00Against
Fidelity812,6710 00For
HIGHLAND GLOBAL ALLOCATION FUND685,7850 00For
Modern Capital Funds Trust528,5610 00For
Charles Schwab345,7420 00For
TIAA196,6990 00For
Equitable100,1110 00For
Capitol Series Trust65,0990 00For
QUANTITATIVE MASTER SERIES LLC58,3560 00For
MUTUAL FUND SERIES TRUST34,4770 00For
Lincoln Financial25,9260 00For
Goldman Sachs17,2490 00For
Global X16,9480 00For
Pacific Life16,3140 00For
Bridge Builder Trust15,9180 00For
Nationwide15,0710 00For
Brighthouse12,7000 00For
John Hancock10,1950 00For
SEI7,5960 00For
ProShares5,9880 00For
DWS5,3440 00For
First Trust5,1670 00For

Fund voting reports, all 39 managers: 7,804,752 for, 877,809 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “To ratify the appointment of KPMG LLP as our independent registered public accounting firm for 2026.” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Berkeley Capital Partners, LLC114,3170 00For

Institutional-manager reports, all 1 managers: 114,317 for.

12. If properly presented at the annual meeting, to vote on the shareholder proposal presented under the heading…

Combines 4 wordings of this item as funds reported it.

10% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: description as filed, votes by 39 asset managers

Description as filed by funds: If properly presented at the annual meeting, to vote on the shareholder proposal presented under the heading "Shareholder Proposal" in the proxy statement. a. Please note the board is recommending a vote against the shareholder proposal.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 38 asset managers voting on “If properly presented at the annual meeting, to vote on the shareholder proposal presented under the heading "” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard91,711,090 00Against
HIGHLAND OPPORTUNITIES & INCOME FUND01,559,149 00Against
BlackRock01,529,417 00Against
Starboard877,8060 00For
Fidelity0812,671 00Against
HIGHLAND GLOBAL ALLOCATION FUND0685,785 00Against
Modern Capital Funds Trust0528,561 00Against
Charles Schwab0345,742 00Against
TIAA0196,699 00Against
Equitable0100,111 00Against
Capitol Series Trust065,099 00Against
QUANTITATIVE MASTER SERIES LLC058,356 00Against
MUTUAL FUND SERIES TRUST034,477 00Against
Lincoln Financial025,926 00Against
Goldman Sachs017,249 00Against
Global X016,948 00Against
Pacific Life016,314 00Against
Bridge Builder Trust015,918 00Against
Nationwide015,071 00Against
Brighthouse012,700 00Against
John Hancock010,195 00Against
SEI07,596 00Against
ProShares05,988 00Against
DWS05,344 00Against
First Trust05,167 00Against

Fund voting reports, all 38 managers: 877,815 for, 7,804,566 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “If properly presented at the annual meeting, to vote on the shareholder proposal presented under the heading "” at NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Berkeley Capital Partners, LLC0114,317 00Against

Institutional-manager reports, all 1 managers: 114,317 against.

Showing the 12 reported items with the widest manager coverage, of 13 in total. View every item.

Largest NEXPOINT DIVERSIFIED REAL ESTATE TRUST shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 51,723,778 shares outstanding at the time of that meeting.

Fund voting reports: top NEXPOINT DIVERSIFIED REAL ESTATE TRUST shareholders by shares voted on “To approve, on an advisory basis, the compensation of our named executive officers.”, 2025-2026
#Asset manager % of shares outstanding
1Vanguard 3.31%
2HIGHLAND OPPORTUNITIES & INCOME FUND 3.01%
3BlackRock 2.96%
4Starboard 1.70%
5Fidelity 1.57%
6HIGHLAND GLOBAL ALLOCATION FUND 1.33%
7Modern Capital Funds Trust 1.02%
8Charles Schwab 0.67%
9TIAA 0.38%
10Equitable 0.19%
Institutional-manager reports: top NEXPOINT DIVERSIFIED REAL ESTATE TRUST shareholders by shares voted on “To approve, on an advisory basis, the compensation of our named executive officers.”, 2025-2026
#Asset manager % of shares outstanding
1BlackRock 1.88%
2GEODE CAPITAL MANAGEMENT, LLC 1.84%
3Matisse Capital 1.71%
4TCW GROUP INC 1.62%
5NexPoint Advisors, L.P. 1.35%
6State Street 0.90%
7Charles Schwab 0.67%
8Vanguard 0.54%
9OPPENHEIMER & CO INC 0.42%
10Nuveen 0.42%

Reported NEXPOINT DIVERSIFIED REAL ESTATE TRUST holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

NEXPOINT DIVERSIFIED REAL ESTATE TRUST holdings and ownership disclosed for the 2025-2026 proxy season
Holder % outstanding Disclosure
James Dondero 24.03% DEF14A
DONDERO JAMES D 23.38% 13D
BlackRock 6.04% 13F
Morgan Stanley 4.29% 13G
Vanguard Group 4.22% 13F
Geode Capital 1.93% 13F
State Street 1.75% 13F
Dustin Norris 1.72% DEF14A
Charles Schwab 0.71% 13F
Matt McGraner 0.70% DEF14A

Percentages above are of 51,723,778 shares outstanding, as reported by NEXPOINT DIVERSIFIED REAL ESTATE TRUST on its Form 10-Q dated May 15, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from NEXPOINT DIVERSIFIED REAL ESTATE TRUST’s 10-Q dated May 15, 2026. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At NEXPOINT DIVERSIFIED REAL ESTATE TRUST's shareholder meeting held June 2, 2026, in the 2025-2026 proxy season, 152 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,310 separate fund positions. Their filings are grouped here into 13 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — To approve, on an advisory basis, the compensation of our named executive officers. — NEXPOINT DIVERSIFIED REAL ESTATE TRUST's filing reports the proposal as approved, with 91% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: NEXPOINT DIVERSIFIED REAL ESTATE TRUST's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 2, 2026.

NEXPOINT DIVERSIFIED REAL ESTATE TRUST proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Download data (CSV): ballot items · votes by manager · column guide.