Nuveen Equity Longshort Fund Quote
| NELIX Fund | USD 58.53 0.01 0.02% |
PerformanceVery Weak
| Odds Of DistressLow
|
Nuveen Equity is trading at 58.53 as of the 22nd of March 2025; that is 0.02 percent decrease since the beginning of the trading day. The fund's open price was 58.54. Nuveen Equity has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 22nd of December 2024 and ending today, the 22nd of March 2025. Click here to learn more.
The fund pursues its investment objective by establishing long and short positions in a diversified portfolio of equity securities. Substantially all of the equity securities in which the fund takes long and short positions will be included in the funds benchmark index, the Russell 1000 Index, at the time the position is taken. More on Nuveen Equity Longshort
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Nuveen Mutual Fund Highlights
| Fund Concentration | Nuveen Funds, Large Blend Funds, Long-Short Equity Funds, Long-Short Equity, Nuveen, Large Growth, Long-Short Equity (View all Sectors) |
| Update Date | 31st of March 2025 |
Nuveen Equity Longshort [NELIX] is traded in USA and was established 22nd of March 2025. Nuveen Equity is listed under Nuveen category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Nuveen family. This fund now has accumulated 394.5 M in assets with minimum initial investment of 100 K. Nuveen Equity Longshort is currently producing year-to-date (YTD) return of 1.09% with the current yeild of 0.01%, while the total return for the last 3 years was 10.65%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nuveen Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nuveen Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nuveen Equity Longshort Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Nuveen Equity Longshort Mutual Fund Constituents
| COST | Costco Wholesale Corp | Stock | Consumer Staples | |
| AMGN | Amgen Inc | Stock | Health Care | |
| CMCSA | Comcast Corp | Stock | Communication Services | |
| ORCL | Oracle | Stock | Information Technology | |
| PG | Procter Gamble | Stock | Consumer Staples | |
| MA | Mastercard | Stock | Financials | |
| V | Visa Class A | Stock | Financials | |
| ACN | Accenture plc | Stock | Information Technology |
Nuveen Equity Top Holders
| QALTX | Quantified Alternative Investment | Mutual Fund | Macro Trading | |
| QALAX | Quantified Alternative Investment | Mutual Fund | Macro Trading |
Nuveen Equity Longshort Risk Profiles
| Mean Deviation | 0.7548 | |||
| Standard Deviation | 0.9797 | |||
| Variance | 0.9597 | |||
| Risk Adjusted Performance | (0.12) |
Nuveen Equity Against Markets
Other Information on Investing in Nuveen Mutual Fund
Nuveen Equity financial ratios help investors to determine whether Nuveen Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Equity security.
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