NELAX Mutual Fund

NAV$66.61

Fund Essentials - as of May 31, 2026

Net Assets
-
Expense Ratio
2.16%
Dividend Yield (Current)
3.43%
Holdings
181
Inception Date
Dec 30, 2008
Fund Family
Nuveen
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Annually
SEC 30-Day Yield
PRO

Performance

YTD+7.12%
1 Year+14.25%
3 Year+15.97%
5 Year+9.56%
10 Year+10.29%

Asset Allocation

Stocks: 70.41%
Cash: 29.31%
Other: 0.28%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
-Cash29.32%
AAPLApple, Inc5.55%
NVDANvidia Corp.4.83%
GOOGLAlphabet Inc Common Stock USD 0.0014.74%
MSFTMicrosoft Corp 4.100 Feb 06 373.98%
Top 10 Concentration: 58.90%Report Date: May 31, 2026
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Dividend Summary

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Dividend Yield (Current)
3.43%
Frequency
Annually
Latest Distribution
$1.35
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
See how NELAX ranks against its peers
Category rank, peer-average returns and outperformance, updated daily.
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NELAX Mutual Fund Overview

NELAX Mutual Fund (Nuveen Equity Long/Short Fund CLASS A) is managed by Nuveen. NELAX expense ratio is 2.16%, holding 181 positions across sectors including Other, Information Technology, Communication Services. Inception date: 2008-12-30.

NELAX performance shows a YTD return of 7.12%. The 1-year return is 14.25% and the 5-year return is 9.56%. NELAX dividend yield stands at 3.43%, paid annually.

NELAX top holdings include Cash (29.3%), Apple, Inc (5.5%), Nvidia Corp. (4.8%), Alphabet Inc Common Stock USD 0.001 (4.7%), Microsoft Corp 4.100 Feb 06 37 (4.0%). View all NELAX holdings, sector breakdown, or dividend history.

NELAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. NELAX alternatives are available via the screener, along with tax-loss harvesting opportunities.