NELIX Performance — Nuveen Equity Long/Short Fund, Class I
Data updated: 2026-07-24
NELIX returned +8.21% year to date and +20.11% over one year to May 2026. Annualised returns are +18.95% over 3 years and +10.72% over 5 years. Against its US Large Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $168, against $165 for the category, and to $120 over one year, against $122. Volatility over the past three years was 10.27% a year. In the 12 months to May 2026 the fund lost a net $3.5M, and assets reached $159.69M.
NELIX Growth of $100
What $100 invested in Nuveen Equity Long/Short Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | NELIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $120 | $122 |
| 3 years (Jun 2023 – May 2026) | $168 | $165 |
| 5 years (Jun 2021 – May 2026) | $166 | $164 |
| Since data start (Sep 2019 – May 2026) | $208 | $229 |
NELIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.21% |
| 1 year | +20.11% |
| 3 years (annualised) | +18.95% |
| 5 years (annualised) | +10.72% |
NELIX Annual Returns
Calendar-year total returns of Nuveen Equity Long/Short Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +8.21% |
| 2025 | +10.91% |
| 2024 | +20.53% |
| 2023 | +24.09% |
| 2022 | −14.92% |
| 2021 | +32.87% |
| 2020 | −0.79% |
| 2019 (Sep–Dec) | +3.38% |
NELIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.5% | −1.4% | −2.2% | +7.3% | +3.0% | — | — | — | — | — | — | — |
| 2025 | +2.5% | −1.4% | −5.8% | −0.2% | +5.1% | +4.7% | +1.4% | +0.4% | +2.9% | +2.1% | −0.3% | −0.5% |
| 2024 | +1.4% | +4.1% | +3.0% | −3.0% | +3.6% | +2.9% | −1.2% | +2.4% | +1.8% | +1.0% | +5.0% | −1.8% |
| 2023 | +2.6% | −2.0% | +3.3% | +1.4% | +1.2% | +6.9% | +2.7% | +0.3% | −2.7% | −0.7% | +6.7% | +2.5% |
| 2022 | −3.1% | −2.9% | +1.4% | −5.8% | −0.5% | −5.3% | +5.1% | −2.7% | −6.1% | +6.3% | +2.1% | −3.6% |
| 2021 | +0.6% | +4.5% | +8.5% | +4.0% | +2.8% | +0.3% | +0.7% | +2.5% | −4.4% | +6.0% | +0.3% | +3.4% |
| 2020 | −4.6% | −6.7% | −7.8% | +7.9% | +3.1% | +2.1% | +2.1% | +3.9% | −4.4% | −3.5% | +5.8% | +2.7% |
| 2019 | — | — | — | — | — | — | — | — | −0.4% | +1.1% | +0.6% | +2.1% |
NELIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 10.27%
- 3-year Sharpe ratio: 1.41 (vs 4.5% risk-free rate)
- Best month: +7.35% (Apr 2026)
- Worst month: −5.79% (Mar 2025)
NELIX Fund Flows
Monthly money in and out of Nuveen Equity Long/Short Fund, from SEC Form N-PORT.
- 12-month net flow: −$3.5M
- 12-month gross sales (incl. reinvestments): $29.8M
- Sales ÷ redemptions: 0.89×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $3.9M | $3.4M | $505K |
| Apr 2026 | $1.4M | $1.7M | −$316K |
| Mar 2026 | $2.3M | $3.9M | −$1.6M |
| Feb 2026 | $1.7M | $2.2M | −$506K |
| Jan 2026 | $2.0M | $3.0M | −$988K |
| Dec 2025 | $6.9M | $3.0M | $3.9M |
| Nov 2025 | $1.5M | $1.9M | −$428K |
| Oct 2025 | $4.0M | $4.5M | −$431K |
| Sep 2025 | $1.6M | $1.6M | −$43K |
| Aug 2025 | $1.4M | $1.7M | −$325K |
| Jul 2025 | $1.5M | $4.3M | −$2.8M |
| Jun 2025 | $1.7M | $2.2M | −$527K |
NELIX Assets Under Management
Net assets of Nuveen Equity Long/Short Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $159.69M |
| 2026-02-28 | $149.16M |
| 2025-11-30 | $152.98M |
| 2025-08-31 | $146.90M |
| 2025-05-31 | $141.01M |
| 2025-02-28 | $144.97M |
| 2024-11-30 | $145.51M |
| 2024-08-31 | $131.43M |
| 2024-05-31 | $122.17M |
| 2024-02-29 | $116.77M |
| 2023-11-30 | $107.13M |
| 2023-08-31 | $110.30M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.