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Morningstar

Nuveen Equity Long/Short C NELCX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 46.82  /  −0.26 %
  • Total Assets 117.4 Mil
  • Adj. Expense Ratio
    2.360%
  • Expense Ratio 2.960%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Long-Short Equity
  • Investment Style Large Growth
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 3.01%
  • Turnover 77%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis NELCX

Will NELCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NELCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NELCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NELCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Nuveen Equity Long/ Short C's recent fee cut drives an upgrade to this strategy's Morningstar Medalist Rating to Neutral from Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NELCX

More NELCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollars

29.38 34.2 Mil
Cash and Equivalents

Microsoft Corp

4.87 5.7 Mil
Technology

Apple Inc

3.70 4.3 Mil
Technology

NVIDIA Corp

3.06 3.6 Mil
Technology

Amazon.com Inc

2.89 3.4 Mil
Consumer Cyclical

Alphabet Inc Class A

2.54 2.9 Mil
Communication Services

Meta Platforms Inc Class A

2.40 2.8 Mil
Communication Services

JPMorgan Chase & Co

1.86 2.2 Mil
Financial Services

The Walt Disney Co

1.34 1.6 Mil
Communication Services

Broadcom Inc

1.34 1.6 Mil
Technology