LONAX — Longboard Fund
Data updated: 2026-07-28
LONAX — Longboard Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Large Cap Blend / Core Equity · $108.99M AUM · 2.24% expense ratio · 13.5% 1-yr return. From SEC regulatory filings.
LONAX Fund Overview
LONAX — Longboard Fund is a US mutual fund managed by Northern Lights Fund Trust II, 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: Northern Lights Fund Trust II
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $108.99M
- 1-year return: 13.5%
- Ticker: LONAX
- SEC CIK: 0001518042
- SEC series ID: S000047502
- Share class ID: C000149141
LONAX Holdings
Top 10 holdings of Longboard Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 9.14% |
| Aflac, Inc. | 0.24% |
| Alliant Energy Corp. | 0.23% |
| Inventrust Properties Corp. | 0.23% |
| Southern Company (the) | 0.22% |
| Centerpoint Energy, Inc. | 0.21% |
| Ameren Corp. | 0.21% |
| Avista Corp. | 0.21% |
| Xcel Energy, Inc. | 0.21% |
| Regency Centers Corp. | 0.20% |
LONAX Portfolio Allocation
Asset-class allocation of Longboard Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 80.7% |
| Fixed Income | 9.1% |
LONAX Performance
Total returns for LONAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 9.1% |
| 1 year | 13.5% |
| 3 years (annualised) | 12.1% |
| 5 years (annualised) | 4.2% |
LONAX Risk Information
Risk metrics for LONAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.2%
LONAX Costs and Fees
LONAX costs about $224 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.24%
- Gross expense ratio: 2.24%
- Portfolio turnover: 61%
- Brokerage commissions: 2.41 bps of average net assets (SEC N-CEN)
LONAX Cashflows
Over the 12 months to 2026-02, Longboard Fund had net outflows of $46.73M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $49.71K |
| 2026-01 | −$3.16M |
| 2025-12 | −$15.46M |
| 2025-11 | −$2.13M |
| 2025-10 | −$14.52M |
| 2025-09 | −$6.47M |
LONAX Debt Constituents
Largest debt holdings of Longboard Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 9.14% |
LONAX Prospectus and SEC Filings
Official Longboard 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.