Morningstar

Nuveen Equity Long/Short Fund Class A NELAX

Morningstar Medalist Rating
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Medalist Rating as of See Nuveen Investment Hub
  • NAV / 1-Day Return $66.71  /  +0.27 %
  • Fund Size $163.2M
  • Adjusted Expense Ratio 2.160%
  • Net Expense Ratio 2.160%
  • Fee Level: Distribution High
  • Share Class Type Front Load
  • Morningstar Category Long-Short Equity
  • Equity Style Box (Funds) Large Blend
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 0.75%
  • Turnover Ratio 65%
NAV and 1-Day Return as of

Morningstar’s Analysis NELAX

Will NELAX outperform in the 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 NELAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nuveen Equity Long/Short A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings NELAX

More NELAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollars

29.03 49M
Cash and Equivalents

NVIDIA Corp

4.94 8M
Technology

Microsoft Corp

4.58 8M
Technology

Apple Inc

4.40 7M
Technology

Alphabet Inc Class A

4.20 7M
Communication Services

Amazon.com Inc

2.85 5M
Consumer Cyclical

Broadcom Inc

2.66 4M
Technology

Micron Technology Inc

1.70 3M
Technology

Eli Lilly and Co

1.65 3M
Healthcare

JPMorgan Chase & Co

1.58 3M
Financial Services

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