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APPENDIX 1

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 24F-2
Annual Notice of Securities Sold 
Pursuant to Rule 24f-2

 
1. Name and address of issuer:
Highland Funds I
300 Crescent Court Suite 700
Dallas, TX 75201


2.  The name of each series or class of securities for which this notice 
      is filed (if the form is being filed for all series and classes of 
      securities of the issuer, check the box but do not list series 
      or classes):	[ x ]
 


3. Investment Company Act File Number:  811-21866

    Securities Act File Number:  333-132400

4(a). Last day of fiscal year for which this Form is filed:

	June 30, 2021

4(b).  Check box if this Form is being filed late (i.e., more than 
          90 calendar days after the end of the issuer's fiscal year).  
          (See Instruction A-2)
			[  ]

Note:  If the Form is being filed late, interest must be paid on the 
registration fee due.

4( c).  Check box if this is the last time the issuer will be filing 
           this Form.
			[  ]


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5. Calculation of registration fee:

 (i)     Aggregate sale price of securities sold during the fiscal 
              year pursuant to section 24(f):  $ 313,369,491.00 
(ii)    Aggregate price of securities redeemed or repurchased
              during the fiscal year:  $ 227,518,879.00
(iii)     Aggregate price of securities redeemed or repurchased 
         during any prior fiscal year ending no earlier than
	October 11, 1995 that were not previously used to 
	reduce registration fees payable to the commission: 
	$  1,020,368,056.00
(iv)    Total available redemption credits
	[add Items 5(ii) and 5(iii)]:  $ 1,247,886,935.00
(v)    Net Sales - if Item 5(i) is greater than Item 5(iv)
 	[subtract Item 5(iv) from Item 5(i)]:  $ 0
(vi)  Redemption credits available for use in future years
       __if Item 5(i) is less than Item 5 (iv) [subtract Item
       5(i) from Item 5(iv)]:  $ 934,517,444.00
(vii)  Multiplier for determining registration fee
	(See Instruction C.9):  x 0.0001091
(viii)  Registration fee due [multiply item 5(v) by
	Item 5(vii)]  (enter "0" if no fee is due): 
	 + $ 0

6.  If the response to Item 5(i) was determined by deducting an 
     amount of securities that were registered under the Securities 
     Act of 1933 pursuant to rule 24e-2 as in effect before 
     October 11, 1997, then report the amount of securities 
     (number of shares or other units) deducted here: _____0_____.  
     If there is a number of shares or other units that were registered 
     pursuant to rule 24e-2 remaining unsold at the end of the fiscal 
     year for which this form is filed that are available for use by the
     issuer in future fiscal years, then state that number here: __0___.

7.  Interest due - if this Form is being filed more than 90 days after 
      the end of the issuer's fiscal year (see instruction D):
	
	+ $_________

8.  Total of the amount of the registration fee due plus any interest 
      due [line 5(viii) plus line 7]:

	=   $ 0



9.  Date the registration fee and any interest payment was sent to 
     the Commission's lockbox depository:    

Method of Delivery:

[  ] Wire Transfer
[  ] Mail or other means


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SIGNATURES

This report has been signed below by the following person on 
behalf of the issuer and in the capacities and on the dates indicated.

        By (Signature and Title)* /s/	Frank Waterhouse
	
			Frank Waterhouse, Treasurer

        Date:  September 22, 2021