Morningstar

Nuveen Equity Long/Short Fund Class A NELAX

Medalist Rating as of Aug 31, 2026 See Nuveen Investment Hub

Strategy

The investment seeks long-term capital appreciation with low correlation to the U.S. equity market. The fund pursues its investment objective by establishing long and short positions in a diversified portfolio of equity securities. Substantially all of the equity securities in which the fund takes long and short positions will be included in the fund's benchmark index, the Russell 1000 Index, at the time the position is taken. As a result, the fund will invest significantly in large-capitalization companies, though it may also invest in mid-capitalization companies.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NELIX	Nuveen Equity Long/Short Fund Class I	Institutional	Open			Dec 30, 2008	$129.40M	1.910%	High	$100,000	$3.75M
NELAX	Nuveen Equity Long/Short Fund Class A	Front Load	Open			Dec 30, 2008	$31.00M	2.160%	High	$2,500	$1.53M
NELCX	Nuveen Equity Long/Short Fund Class C	Level Load	Open			Dec 30, 2008	$2.84M	2.910%	High	$2,500	−$3.18M

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