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Morningstar

Longboard A LONAX

Morningstar Medalist Rating
Medalist Rating as of | See Longboard Investment Hub
  • NAV / 1-Day Return 13.80  /  +1.02 %
  • Total Assets 118.8 Mil
  • Adj. Expense Ratio
    2.240%
  • Expense Ratio 2.240%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Long-Short Equity
  • Investment Style Small Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.09%
  • Turnover —

USD | NAV as of May 06, 2024 | 1-Day Return as of May 06, 2024, 10:14 PM GMT+0

Morningstar’s Analysis LONAX

Will LONAX 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 LONAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LONAX 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 LONAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An incline in People Pillar rating is the primary driver of Longboard A's upgrade to a Morningstar Medalist Rating of 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 LONAX

More LONAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 2.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollars

3.32 3.2 Mil
Cash and Equivalents

GE Aerospace

0.30 286,481
Industrials

Amphenol Corp Class A

0.29 285,444
Technology

Motorola Solutions Inc

0.29 284,135
Technology

Republic Services Inc

0.29 281,826
Industrials

Waste Management Inc

0.29 277,216
Industrials

Chubb Ltd

0.28 271,804
Financial Services

Leidos Holdings Inc

0.27 266,844
Technology

Fiserv Inc

0.27 263,611
Technology

Stryker Corp

0.27 263,548
Healthcare