---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-010080"
form_type: "8-K"
ticker: "NXDT"
cik: "0001356115"
company_name: "NEXPOINT DIVERSIFIED REAL ESTATE TRUST"
filed_at: "2023-04-12T23:59:59+00:00"
generated_at: "2026-06-17T02:58:15.562214+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NexPoint Diversified Real Estate Trust amends advisory agreement to allow adviser fee payments in common shares

## Summary
- Adviser may elect to receive monthly fees in common shares valued at 10-day VWAP, in lieu of cash.
- Share issuance capped at 5% of outstanding shares or 6M shares, unless shareholders approve more.
- Audit committee reviewed and approved the amendment; effective April 11, 2023.

## SEC filing metadata
- accession: 0001437749-23-010080
- form_type: 8-K
- ticker: NXDT
- cik: 0001356115
- company_name: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
- filed_at: 2023-04-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1356115/000143774923010080/0001437749-23-010080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1356115/000143774923010080/nexsof20230411_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-010080
- JSON: https://secwatch.observer/filing/0001437749-23-010080.json
- Plain text: https://secwatch.observer/filing/0001437749-23-010080.txt

## Key facts
- Material Agreements
  NEXPOINT DIVERSIFIED REAL ESTATE TRUST amended Advisory Agreement Amendment with NexPoint Real Estate Advisors X, L.P. (effective 2023-04-11).
  - Action: amendment
  - Counterparty: NexPoint Real Estate Advisors X, L.P.
  - Effective: 2023-04-11
  source text: On April 11, 2023, NexPoint Diversified Real Estate Trust (the “Company”) and NexPoint Real Estate Advisors X, L.P. (the “Adviser”) entered into an amendment (the “Advisory Agreement Amendment”) to the Advisory Agreement, dated July 1, 2022, by and between the Company and the Adviser (the “Advisory Agreement”), as amended by that First Amendment to Advisory Agreement, dated October 25, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1356115/000143774923010080/0001437749-23-010080-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.