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Highland Long/Short Healthcare Fund Class C (HHCCX)

Net Asset Value
1 Day
Overall Morningstar Rating
Long-short equity
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund seeks to achieve its investment objective by investing at least 80% of the value of its total assets (net assets plus any borrowings for investment purposes) under normal circumstances in securities of companies principally engaged in the design, development, production, sale, management or distribution of products, services or facilities used for or in connection with healthcare or medicine ("healthcare companies"). It is non-diversified.


1 month+2.45% 3 years-5.47%
3 months+1.26% 5 years+3.24%
1 year-3.34% Since inception+4.17%
Data through --

Peer Comparisonvs. Long-short equity

Performance 5-yr return+3.24%+5.71%
Expense ratio3.52%1.89%
Risk 5 year sharpe ratio0.240.71
Net assets$99.3M$310.5M
Average market cap$8.5B$36.8B
Average P/E21.719.0
Portfolio turnover964%964%

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureMichael Gregory / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment$50.00


U.S. stock25.68%
International stock4.82%
Fixed income0.93%
Top 5 Sectors
Portfolio weighting
Healthcare 94.68%
Hardware 2.03%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
ANTM WellPoint6.42%
ABBV AbbVie5.64%
UNH UnitedHealth5.64%
NERV Minerva Neurosciences Inc5.49%
MTD Mettler-Toledo International Inc5.21%
-- 5.08%
XBI SPDR® S&P Biotech ETF4.02%
IBB iShares Nasdaq Biotechnology ETF3.79%
GILD Gilead Sciences2.83%
-- 2.80%