Nuveen Equity Long/Short Fund Class I (NELIX)
| Fund Assets | 151.79M |
| Expense Ratio | 1.93% |
| Min. Investment | $100,000 |
| Turnover | 65.00% |
| Dividend (ttm) | 2.36 |
| Dividend Yield | 3.87% |
| Dividend Growth | -14.49% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 64.89 |
| YTD Return | 0.08% |
| 1-Year Return | 8.00% |
| 5-Year Return | 77.16% |
| 52-Week Low | 51.25 |
| 52-Week High | 66.43 |
| Beta (5Y) | n/a |
| Holdings | 182 |
| Inception Date | Dec 30, 2008 |
About NELIX
Nuveen Equity Long/Short Fund Class I is a mutual fund designed to achieve long-term capital appreciation while maintaining a low correlation with the broader U.S. equity market. The fund employs a long/short equity strategy, establishing both long and short positions primarily in large-cap and mid-cap stocks of U.S. companies. Its investment approach blends quantitative analysis, fundamental research, and risk management techniques to identify and capitalize on opportunities across different sectors and market environments. By holding both long and short positions, the fund seeks to manage market risk and potentially benefit from price movements in either direction. Its portfolio is diversified, with a significant allocation to well-known technology and consumer companies, as well as a notable cash position for flexibility. Nuveen Equity Long/Short Fund Class I serves institutional investors seeking diversified equity exposure with a strategy designed to enhance returns and limit direct market exposure, making it a distinctive option within the long-short equity fund category.
Performance
NELIX had a total return of 8.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.86%.
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 | $0.6996 | Dec 31, 2025 |
| Dec 15, 2025 | $1.7786 | Dec 16, 2025 |
| Dec 30, 2024 | $0.5406 | Dec 31, 2024 |
| Dec 16, 2024 | $2.3576 | Dec 17, 2024 |
| Dec 28, 2023 | $2.2138 | Dec 29, 2023 |
| Dec 29, 2022 | $1.4966 | Dec 30, 2022 |