Nuveen Equity Long/Short Fund Class A (NELAX)
| Fund Assets | 151.79M |
| Expense Ratio | 2.18% |
| Min. Investment | $3,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 2.36 |
| Dividend Yield | 3.82% |
| Dividend Growth | -16.00% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 62.11 |
| YTD Return | -5.70% |
| 1-Year Return | 1.32% |
| 5-Year Return | 62.85% |
| 52-Week Low | 52.27 |
| 52-Week High | 67.48 |
| Beta (5Y) | n/a |
| Holdings | 182 |
| Inception Date | Dec 30, 2008 |
About NELAX
Nuveen Equity Long/Short Fund Class A is a mutual fund designed to provide investors with exposure to U.S. equity markets using a combination of long and short strategies. The fund primarily invests in large- and mid-cap U.S. companies identified through a research process that blends quantitative analysis, fundamental research, and disciplined risk management. By taking both long positions in companies with strong growth prospects and short positions in those perceived as overvalued or facing headwinds, the fund aims to capitalize on market inefficiencies while managing overall portfolio risk. Its diversified approach spans various sectors, with significant holdings in technology, healthcare, financial services, consumer cyclicals, and communication services. The fund is positioned in the long-short equity category, making it a potential portfolio diversifier for investors seeking reduced market volatility and the potential for positive returns in different market conditions. Nuveen Equity Long/Short Fund Class A is managed by an experienced team and is structured as a front-load share class with an emphasis on active management and risk control.
Performance
NELAX had a total return of 1.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.75%.
Top 10 Holdings
58.67% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollars | n/a | 29.61% |
| Apple Inc. | AAPL | 5.27% |
| Microsoft Corporation | MSFT | 4.92% |
| NVIDIA Corporation | NVDA | 4.62% |
| Alphabet Inc. | GOOGL | 4.22% |
| Amazon.com, Inc. | AMZN | 3.28% |
| Broadcom Inc. | AVGO | 2.78% |
| Netflix, Inc. | NFLX | 1.33% |
| Wells Fargo & Company | WFC | 1.32% |
| RTX Corporation | RTX | 1.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.5193 | Dec 31, 2025 |
| Dec 15, 2025 | $1.7786 | Dec 16, 2025 |
| Dec 30, 2024 | $0.3781 | Dec 31, 2024 |
| Dec 16, 2024 | $2.3576 | Dec 17, 2024 |
| Dec 28, 2023 | $2.0069 | Dec 29, 2023 |
| Dec 29, 2022 | $1.4966 | Dec 30, 2022 |