Longboard A (LONAX)

Fund Assets	109.41M
Expense Ratio	2.198%
Min. Investment	$2,500
Turnover	116.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	16.29
YTD Return	9.26%
1-Year Return	9.99%
5-Year Return	14.92%
52-Week Low	14.49
52-Week High	17.15
Beta (5Y)	0.63
Holdings	1026
Inception Date	Dec 9, 2015

About LONAX

Longboard Alternative Growth Fund Class A is an open-end mutual fund designed to pursue long-term capital appreciation through alternative investment strategies. This fund employs a combination of systematic long/short equity and macro trend-following strategies, along with cash management, to seek returns that are less correlated to traditional equity markets. The investment approach allows the fund to take both long positions, benefiting from rising asset prices, and short positions, aiming to profit from declining asset prices. The fund maintains a broad and diversified portfolio, typically holding a large number of individual securities and cash equivalents, with a significant portion allocated to stocks and a smaller allocation to cash or cash-like instruments. Its holdings span various sectors and include both large-cap equities and U.S. Treasury bills, emphasizing risk management and liquidity. Managed under the Northern Lights Fund Trust II, Longboard Alternative Growth Fund Class A is considered a non-diversified fund, providing investors exposure to alternative growth strategies as a potential source of diversification and reduced volatility relative to conventional equity funds.

• Fund Family: Longboard
• Category: Options Trading
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: LONAX
• Share Class: Class A
• Index: Index is not available on Lipper Database

Performance

LONAX had a total return of 9.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.48%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
LONGX	Class I	1.99%

Top 10 Holdings

13.31% of assets

Name	Symbol	Weight
United States Treasury Bills 0%	n/a	8.94%
Us Dollars	n/a	2.61%
Aflac Incorporated	AFL	0.24%
Labcorp Holdings Inc.	LH	0.23%
Quest Diagnostics Incorporated	DGX	0.22%
InvenTrust Properties Corp.	IVT	0.22%
The Hanover Insurance Group, Inc.	THG	0.22%
Alliant Energy Corporation	LNT	0.21%
Globe Life Inc.	GL	0.21%
Ameren Corporation	AEE	0.20%

Data Sources: Tiingo, Alpha Vantage, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Alpha Vantage. Several fund data points are also provided by Finnhub.

Last checked:

Nov 11, 2026

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