Longboard Fund Class A (LONAX)
| Fund Assets | 14.78M |
| Expense Ratio | 2.24% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 1.40% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | n/a |
| YTD Return | 2.78% |
| 1-Year Return | 10.11% |
| 5-Year Return | 45.42% |
| 52-Week Low | 13.50 |
| 52-Week High | 15.82 |
| Beta (5Y) | 0.68 |
| Holdings | 630 |
| Inception Date | Dec 9, 2015 |
About LONAX
The Fund's investment strategy focuses on Alt Long/Short Eq with 2.24% total expense ratio. The minimum amount to invest in Northern Lights Fund Trust II: Longboard Alternative Growth Fund; Class A Shares is $2,500 on a standard taxable account. Northern Lights Fund Trust II: Longboard Alternative Growth Fund; Class A Shares seeks long-term capital appreciation. LONAX, when taking a long equity position, will purchase a security that will benefit from an increase in the price of that security. When taking a short equity position, the Fund borrows the security from a third party and sells it at the then current market price.
Performance
LONAX had a total return of 10.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.67%.
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
15.31% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills - B 05/01/25 | B.0 05.01.25 | 13.49% |
| Fiserv, Inc. | FI | 0.21% |
| Arthur J. Gallagher & Co. | AJG | 0.21% |
| The Bank of New York Mellon Corporation | BK | 0.21% |
| The Progressive Corporation | PGR | 0.21% |
| The TJX Companies, Inc. | TJX | 0.20% |
| NiSource Inc. | NI | 0.20% |
| Brown & Brown, Inc. | BRO | 0.20% |
| AT&T Inc. | T | 0.19% |
| Fox Corporation | FOXA | 0.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 6, 2023 | $0.2103 | Sep 7, 2023 |
| Jun 2, 2023 | $0.2043 | Jun 5, 2023 |
| Mar 3, 2023 | $0.255 | Mar 6, 2023 |
| Dec 6, 2022 | $0.227 | Dec 6, 2022 |
| Sep 6, 2022 | $0.227 | Sep 7, 2022 |
| Jun 2, 2022 | $0.2398 | Jun 3, 2022 |