Nuveen Equity Market Neutral Fund

Data updated: 2021-07-27

C000126825 — Nuveen Equity Market Neutral Fund. United States Large Cap Blend / Core Equity · $71.32M AUM. Holdings, fees, performance and SEC filings.

C000126825 Fund Overview

Nuveen Equity Market Neutral Fund is a US mutual fund managed by Nuveen Investment Trust, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: Nuveen Investment Trust
Category: United States Large Cap Blend / Core Equity
Assets under management: $71.32M
1-year return: -0.8%
SEC CIK: 0001013881
SEC series ID: S000040904
Share class ID: C000126825

C000126825 Investment Objective and Strategy

Nuveen Equity Market Neutral Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Nuveen Investment Trust.

Investment objective

The investment objective of the Fund is to provide long-term capital appreciation independent of the U.S. equity market.

Principal investment strategy

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, rather than the returns and direction of the stock market. The Fund 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. When the Fund takes a long position in a security, it purchases the security outright. When the Fund takes a short position, it sells a security that the Fund does not own at the current market price and delivers to the buyer a security that the Fund has borrowed. The Fund is obligated to return the security to the lender, which is accomplished by a later purchase of the security by the Fund.

Until the borrowed security is replaced, the Fund is required to pay to the lender amounts equal to any dividends or interest that accrue during the period of the loan. In addition, to borrow the security, the Fund may be required to pay a premium to the lender. The Fund may use all or a portion of the proceeds of its short sales to purchase additional long positions. The Funds sub-adviser will invest in long positions that are expected to deliver the overall returns of the stock market, plus additional performance unique to the specific stocks purchased by the sub-adviser. The short positions selected by the sub-adviser are expected to deliver the inverse of the overall returns of the stock market, plus additional performance unique to the specific stocks sold short by the sub-adviser. The goal is that, over time, the stock market exposure of the combined long and short positions will be minimized, producing a net return due primarily to the sub-advisers stock selection process, rather than stock market movements.

At times, however, the Fund may have more exposure to the stock market (either positive or negative) in order to take advantage of market opportunities. At any time, the Funds net long exposure to the stock market (long market value minus short market value) could range between -20% and 40%. The Funds sub-adviser will select securities using an investment process that combines quantitative techniques, fundamental analysis and risk management. Securities generally are added to the portfolio as long or short positions based both on security rankings provided by multi-factor quantitative models and on fundamental analysis of the securities. In addition, the sub-adviser will utilize risk management techniques to establish constraints on the amounts invested in individual securities and sectors.

The Funds sub-adviser generally will decrease or eliminate a short or long position in a security if the securitys model ranking changes significantly or research reveals a significant change in the companys fundamentals. The Fund may enter into stock index futures contracts to manage cash flows into and out of the Fund.

C000126825 Performance

Total returns for C000126825 (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	-0.8%

C000126825 Risk Information

Risk metrics for C000126825, derived from monthly returns in SEC filings.

1-year volatility (annualised): 9.8%

C000126825 Costs and Fees

C000126825 costs about $271 per $10,000 invested per year in fund expenses.

Net expense ratio: 2.71%
Gross expense ratio: 2.79%
Portfolio turnover: 190%
Brokerage commissions: 31.00 bps of average net assets (SEC N-CEN)

C000126825 Cashflows

Over the 12 months to 2021-05, Nuveen Equity Market Neutral Fund had net outflows of $189.44M, from monthly SEC N-PORT filings.

Month	Net flow
2021-05	−$5.09M
2021-04	−$3.23M
2021-03	−$7.44M
2021-02	−$36.07M
2021-01	−$15.99M
2020-12	−$37.10M

C000126825 Debt Constituents

No individual debt constituents are reported in Nuveen Equity Market Neutral Fund's latest SEC N-PORT filing.

C000126825 Prospectus and SEC Filings

Official Nuveen Equity Market Neutral Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.