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.
Nuveen Equity Long/Short C NELCX
- NAV / 1-Day Return 46.43 / −0.83 %
- Total Assets 116.8 Mil
-
Adj. Expense Ratio
- 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 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:13 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.
People Pillar
Parent Pillar
- 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 |