Nuveen Equity Longshort Fund Quote
| NELCX Fund | USD 54.38 0.15 0.28% |
Performance22 of 100
| Odds Of DistressLess than 15
|
Nuveen Equity is trading at 54.38 as of the 4th of December 2024; that is 0.28 percent increase since the beginning of the trading day. The fund's open price was 54.23. Nuveen Equity has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Nuveen Equity Longshort are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of November 2024 and ending today, the 4th of December 2024. 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
Moving together with Nuveen Mutual Fund
Moving against Nuveen Mutual Fund
Nuveen Mutual Fund Highlights
| Fund Concentration | Nuveen Funds, Large Blend Funds, Long-Short Equity Funds, Long-Short Equity, Nuveen (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 29th of December 2022 |
| Fiscal Year End | August |
Nuveen Equity Longshort [NELCX] is traded in USA and was established 4th of December 2024. 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 103.82 M in assets with no minimum investment requirementsNuveen Equity Longshort is currently producing year-to-date (YTD) return of 21.62% with the current yeild of 0.03%, while the total return for the last 3 years was 8.56%.
Check Nuveen Equity Probability Of Bankruptcy
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
| NVDA | NVIDIA | Stock | Information Technology | |
| WMT | Walmart | Stock | Consumer Staples | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| AMAT | Applied Materials | Stock | Information Technology | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| SPGI | SP Global | Stock | Financials | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| C | Citigroup | Stock | Financials |
Nuveen Equity Longshort Risk Profiles
| Mean Deviation | 0.4065 | |||
| Semi Deviation | 0.3968 | |||
| Standard Deviation | 0.5767 | |||
| Variance | 0.3325 |
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.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |