Long/Short Equity

Long-short portfolios hold sizable stakes in both long and short positions. Some funds that fall into this category are market neutral - dividing their exposure equally between long and short positions in an attempt to earn a modest return that is not tied to the market's fortunes. Other portfolios that are not market neutral will shift their exposure to long and short positions depending upon their macro outlook or the opportunities they uncover through bottom-up research. Morningstar®

LS Opportunity (LSOFX)

Performance (1-yr.): 17.64% Expenses: 1.96%
Performance (1-mo.): 1.74% Total Assets: $87.34M
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MainStay Marketfield Fund (MFADX)

Performance (1-yr.): 13.06% Expenses: 2.03%
Performance (1-mo.): 1.91% Total Assets: $21.47B
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M.D. Sass Equity Income Plus Fund (MDEIX)

Performance (1-yr.): Expenses: 0.75%
Performance (1-mo.): 2.24% Total Assets: $61.42M
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Natixis ASG Tactical U.S. Market Fund (USMAX)

Performance (1-yr.): Expenses: 1.43%
Performance (1-mo.): 5.74% Total Assets: $34.43M
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Neuberger Berman Long Short Fund (NLSAX)

Performance (1-yr.): 10.59% Expenses: 1.96%
Performance (1-mo.): 1.94% Total Assets: $2.25B
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Neuberger Berman Long Short Multi-Manager Fund (NLMAX)

Performance (1-yr.): Expenses: 3.11%
Performance (1-mo.): 2.99% Total Assets: $10.94M
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Nuveen Equity Long/Short Fund (NELAX)

Performance (1-yr.): 21.16% Expenses: 2.45%
Performance (1-mo.): 1.57% Total Assets: $20.41M
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Orinda SkyView Multi-Manager Hedged Equity Fund (OHEAX)

Performance (1-yr.): 9.73% Expenses: 2.80%
Performance (1-mo.): 2.34% Total Assets: $149.43M
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Otter Creek Long/Short Opportunity Fund (OTTRX)

Performance (1-yr.): Expenses: 1.70%
Performance (1-mo.): 1.78% Total Assets: $2.06M
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Persimmon Long/Short Fund (LSEAX)

Performance (1-yr.): 10.71% Expenses: 3.30%
Performance (1-mo.): 1.37% Total Assets: $30.44M
See all details for LSEAX »

Top Performing Long/Short Equity Funds As of 03.05.2014

Guggenheim Alpha Opportunity Fund (SAOAX)

Total Return: 6.29%

Logan Capital Long/Short Fund (LGNMX)

Total Return: 5.99%

Glenmede Total Market Portfolio (GTTMX)

Total Return: 5.93%

Highland Long/Short Healthcare Fund (HHCAX)

Total Return: 53.25%

Glenmede Total Market Portfolio (GTTMX)

Total Return: 35.25%

PIMCO EqS® Long/Short Fund (PMHAX)

Total Return: 31.07%

Glenmede Total Market Portfolio (GTTMX)

Total Return: 14.97%

Guggenheim Alpha Opportunity Fund (SAOAX)

Total Return: 13.23%

Highland Long/Short Healthcare Fund (HHCAX)

Total Return: 12.78%

* Annualized