Nuveen Equity Long/Short Fund
NELCX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 333 West Wacker Drive Chicago IL United States of America 60606
- IPO Date
- Jun 26, 2013
- CIK
- 0001041673
- Website
- nuveen.com
- Similar Companies
- Business
- Nuveen Equity Long/Short Fund (NELCX) is a mutual fund managed by Nuveen Fund Advisors, LLC that seeks long-term capital appreciation with low correlation to the U.S. equity market by establishing long and short positions in a diversified portfolio of primarily large-capitalization and mid-capitalization equity securities of U.S. companies. The fund invests substantially in securities included in the Russell 1000 Index at the time positions are taken, employing rigorous fundamental research complemented by quantitative analysis to identify opportunities across diversified sectors; it offers multiple share classes including Class A (NELAX), Class C (NELCX), Class I (NELIX), and others, targeting institutional and retail investors seeking alternative equity strategies. Nuveen, the firm's parent asset manager founded in 1898 and headquartered in Chicago, Illinois, operates globally with major offices in Chicago, Charlotte, and New York. The fund maintains a focus on U.S. domestic equities without specified international geographic operations beyond the manager's global presence. In recent developments, Nuveen acquired Brooklyn Investment Group in June 2025, expanding its direct indexing capabilities with tax-advantaged long/short portfolios and multi-asset products following a 2023 strategic partnership and minority stake investment. Portfolio management saw changes including Claire L. Ross as a key manager since 2021 and prior transitions such as David A. Chalupnik stepping down in 2023. The fund declared a distribution of $0.5410 per share for Class I shares on December 30, 2024, reflecting ongoing operations amid market conditions.