# Nuveen Equity Long/Short A (NELAX)

> Source: Nexqual · https://nexqual.com/NELAX · data as of 2026-10-24 00:03 UTC · cite as "Nexqual, Nuveen Equity Long/Short A (NELAX), nexqual.com/NELAX" · informational, not investment advice.

**Price:** USD 65.47 (-0.49% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 65.79 · day 65.47–65.47 · 52w 59.55–68.59 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y +5.3% vs S&P 500 +13.4%; 5Y +52.9% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +5.3% | +52.9% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +5.3% | +8.9% |
| Volatility (annualized) | 10.5% | 12.3% |
| Max drawdown | -6.4% (Jan 2026→Mar 2026) | -18.9% (Dec 2021→Oct 2022) |

## Peers
NELCX (Nuveen Equity Long/Short Fund C) USD 56.65 -0.00% · NELIX (Nuveen Equity Long/Short Fund C) USD 68.51 -0.00% · NFRAX (Nuveen Floating Rate Income Fun) USD 17.43 -0.00% · GURAX (Guggenheim Risk Managed Real Es) USD 34.47 -0.00% · FERIX (Fidelity Advisor Emerging Asia ) USD 79.3 -0.00%

## More
Full page: https://nexqual.com/NELAX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt