Longboard A (LONAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

16.80

+0.03 (0.18%)

At close: Aug 26, 2026

12.83% (1Y)

Fund Assets	113.28M
Expense Ratio	2.24%
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	16.77
YTD Return	12.68%
1-Year Return	12.83%
5-Year Return	23.21%
52-Week Low	14.49
52-Week High	17.15
Beta (5Y)	0.64
Holdings	904
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 12.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.09%.

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

21.48% of assets

Name	Symbol	Weight
Currency	n/a	10.58%
United States Treasury Bills 0%	B.0 07.09.26	9.14%
Aflac Incorporated	AFL	0.24%
Alliant Energy Corporation	LNT	0.23%
InvenTrust Properties Corp.	IVT	0.23%
The Southern Company	SO	0.22%
CenterPoint Energy, Inc.	CNP	0.21%
Ameren Corporation	AEE	0.21%
Avista Corporation	AVA	0.21%
Xcel Energy Inc.	XEL	0.21%

View More Holdings