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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 42.70  /  0.12 %
  • Total Assets 109.2 Mil
  • Adj. Expense Ratio
    2.600%
  • Expense Ratio 2.960%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Long-Short Equity
  • Investment Style Large Growth
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield —
  • Turnover 94%

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 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 Average Process and People Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of 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 193
  • Bond Holdings 0
  • Other Holdings 2
  • % Assets in Top 10 Holdings 25.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollars

28.22
30,851,463
Cash and Equivalents

Microsoft Corp

4.44
4,850,848
Technology

Apple Inc

4.38
4,790,685
Technology

Alphabet Inc Class A

3.34
3,649,356
Communication Services

NVIDIA Corp

2.80
3,060,010
Technology

Amazon.com Inc

2.64
2,884,409
Consumer Cyclical

Eli Lilly and Co

1.80
1,967,410
Healthcare

JPMorgan Chase & Co

1.65
1,799,859
Financial Services

Meta Platforms Inc Class A

1.62
1,775,340
Communication Services

Broadcom Inc

1.41
1,545,841
Technology