Nuveen Equity Market Neutral Fund

U.S. News evaluated 52 Market Neutral Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 3.64 percent over the past year.

Trailing Returns Updated 06.30.2014
Year to date -4.2%
1 Year 3.6%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide long-term capital appreciation independent of the U.S. equity market. The fund pursues its investment objective utilizing a market neutral strategy, the goal of which is to generate absolute returns that are due primarily to stock selection. It implements its market neutral strategy 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 Russell 1000 Index at the time of purchase. It may enter into stock index futures contracts to manage cash flows into and out of the fund.

Fees

Fees are Low compared to funds in the same category.
Nuveen Equity Market Neutral Fund has an expense ratio of 1.62 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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