Nuveen Equity Market Neutral Fund Class A (NMAEX) Research

This fund aims to achieve substantial capital growth over the long term, striving for results that are insulated from the overall performance of the U.S. equity market. It accomplishes this through a market-neutral approach, which is designed to yield consistent positive returns predominantly from individual stock picks, rather than depending on the broader market's upward or downward movements. To execute this strategy, the fund takes both long and short positions across a diverse selection of company shares. Notably, the vast majority of these equity holdings, whether bought or sold short, are constituents of the Russell 1000 Index at the point of acquisition.

Market snapshot

Symbol
NMAEX
Price
$20.91
Day change
+0.05%
Market cap
$71.3M
52-week range
18.65-21.7
Sector
Financial Services
Industry
Asset Management

Peer companies

  • Columbia Select Global Growth Fund Institutional 2 Class (CADIX)
  • Columbia Select Global Growth Fund Class R (COGRX)
  • Angel Oak Dynamic Financial Strategies Income Term Trust (DYFN)
  • FormulaFolios US Equity Fund Investor Class (FFIOX)
  • EA Series Trust - Matrix Advisors Value ETF (MAVFX)
  • Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD)
  • BNY Mellon Focused Equity Opportunities Fund Investor Shares (MFOIX)
  • Manning & Napier Target 2025 Series Class I (MTOAX)

Open Nuveen Equity Market Neutral Fund Class A (NMAEX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.