Nuance Concentrated Value Long-Short Fund (NCLIX)
The fund will take long positions in 15-35 companies, and will take short positions in up to 50 companies, with both the long and short positions consisting primarily of common stocks of any capitalization of companies organized in the United States. The advisor intends to maintain net exposure (the market value of long positions minus the market value of short positions) of between 100% net long and 25% net short. The fund's long positions may range from 75% to 100% and its short positions may range from 0% to 100%.
Fund Info
US56166Y2634
56166Y263
Dec 30, 2015
$2,500
Mid-Cap
Value
Expense Ratio
NCLIX has a high expense ratio of 1.55%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Nuance Concentrated Value Long-Short Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
NCLIX
N/A
N/A
N/A
N/A
N/A
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of NCLIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.65% | -4.67% | -0.13% | 3.65% | 0.98% | -3.72% | 0.19% | 0.00% | -9.30% | ||||
| 2023 | 4.11% | 1.49% | -0.21% | 4.43% | -1.21% | -1.02% | -1.03% | -3.86% | -4.45% | -0.11% | 1.71% | 3.34% | 2.77% |
| 2022 | 5.52% | 4.59% | -3.78% | 1.70% | 2.61% | 0.92% | -5.44% | -2.77% | -0.66% | -1.10% | 0.78% | 2.29% | 4.13% |
| 2021 | 3.13% | -1.43% | -4.34% | -0.66% | -0.95% | 0.77% | -1.91% | -1.56% | 2.77% | -6.44% | -3.60% | -1.60% | -15.08% |
| 2020 | -2.97% | 1.34% | 7.92% | 2.01% | 0.86% | -0.17% | -5.19% | -2.60% | -3.41% | 4.39% | 1.10% | 3.23% | 5.91% |
| 2019 | 0.38% | -0.86% | 1.25% | 1.33% | -0.28% | -1.03% | -0.57% | -3.15% | 2.17% | 0.48% | 3.55% | 1.32% | 4.51% |
| 2018 | -0.09% | 0.94% | 0.93% | 0.46% | -1.65% | 0.65% | -1.30% | -1.88% | -0.67% | 2.31% | 3.20% | 2.30% | 5.18% |
| 2017 | 0.09% | -0.61% | -0.26% | -0.79% | -1.78% | 1.63% | 0.53% | -0.35% | 0.89% | -0.35% | -1.06% | -0.40% | -2.49% |
| 2016 | -2.40% | -0.31% | 7.30% | 5.46% | 0.27% | -3.44% | 0.75% | 2.98% | 1.18% | -0.72% | 5.49% | -0.08% | 17.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NCLIX is 1, meaning it’s performing worse than 99% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Nuance Concentrated Value Long-Short Fund (NCLIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Nuance Concentrated Value Long-Short Fund provided a 101.64% dividend yield over the last twelve months, with an annual payout of $8.03 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $8.03 | $0.40 | $0.24 | $0.37 | $0.54 | $0.15 | $0.74 | $0.49 | $0.27 |
Dividend yield | 101.64% | 4.47% | 2.64% | 4.16% | 5.00% | 1.41% | 7.08% | 4.64% | 2.37% |
Monthly Dividends
The table displays the monthly dividend distributions for Nuance Concentrated Value Long-Short Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $8.01 | $0.00 | $0.00 | $8.03 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.54 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.49 |
| 2016 | $0.27 | $0.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Nuance Concentrated Value Long-Short Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nuance Concentrated Value Long-Short Fund was 24.34%, occurring on Apr 5, 2024. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.34% | Jun 9, 2020 | 963 | Apr 5, 2024 | — | — | — |
| -8.9% | Jan 4, 2016 | 15 | Jan 25, 2016 | 26 | Mar 2, 2016 | 41 |
| -7.5% | May 8, 2019 | 83 | Sep 4, 2019 | 72 | Dec 16, 2019 | 155 |
| -7.15% | Dec 2, 2016 | 446 | Sep 11, 2018 | 53 | Nov 26, 2018 | 499 |
| -6.96% | Jun 9, 2016 | 13 | Jun 27, 2016 | 68 | Oct 3, 2016 | 81 |
Volatility
Volatility Chart
The current Nuance Concentrated Value Long-Short Fund volatility is 0.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.