Nuveen Equity Long/Short Fund Class C (NELCX)
| Fund Assets | 151.79M |
| Expense Ratio | 2.93% |
| Min. Investment | $3,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 1.78 |
| Dividend Yield | 3.28% |
| Dividend Growth | -22.06% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 54.02 |
| YTD Return | -0.04% |
| 1-Year Return | 6.92% |
| 5-Year Return | 68.55% |
| 52-Week Low | 43.04 |
| 52-Week High | 55.34 |
| Beta (5Y) | 0.77 |
| Holdings | 182 |
| Inception Date | Dec 30, 2008 |
About NELCX
Nuveen Equity Long/Short Fund Class C is a mutual fund designed to provide long-term capital appreciation with a low correlation to the broader U.S. equity market. The fund employs a long/short equity strategy, primarily focusing on large-cap and mid-cap U.S. companies. Through a combination of quantitative techniques, fundamental analysis, and risk management, the fund identifies opportunities to establish both long and short positions in a diversified portfolio of equity securities. This approach aims to benefit from rising stocks while potentially mitigating market downturns by shorting securities expected to decline. Nuveen Equity Long/Short Fund Class C plays a versatile role in investor portfolios, offering exposure to equity markets with an alternative strategy that seeks to reduce overall portfolio volatility and correlation to traditional stock indices. Launched in 2008, it serves investors looking for diversified equity exposure with dynamic risk management features and an emphasis on capital appreciation in various market conditions.
Performance
NELCX had a total return of 6.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.80%.
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 | $0.0588 | Dec 31, 2025 |
| Dec 15, 2025 | $1.7786 | Dec 16, 2025 |
| Dec 16, 2024 | $2.3576 | Dec 17, 2024 |
| Dec 28, 2023 | $1.4533 | Dec 29, 2023 |
| Dec 29, 2022 | $1.4966 | Dec 30, 2022 |
| Dec 15, 2022 | $1.5305 | Dec 16, 2022 |