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Highland Long/Short Healthcare Fund Class C (HHCCX)

11.57
Net Asset Value
+0.52%
1 Day
+1.31%
Year-to-Date
Overall Morningstar Rating
Long-short equity
Style or Category
No Load
Sales Expenses
3.45%
Expense Ratio
High
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.

Performance

1 month+5.60% 3 years-5.43%
3 months+2.68% 5 years+5.14%
1 year+7.47% Since inception+4.16%
Data through --

Peer Comparisonvs. Long-short equity

 HHCCXCategory
Performance 5-yr return+5.14%+6.23%
Expense ratio3.45%1.90%
Risk 5 year sharpe ratio0.420.79
Net assets$79.0M$316.4M
Average market cap$4.4B$40.5B
Average P/E--17.1
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

Holdings

U.S. stock84.11%
International stock14.53%
Fixed income1.36%
Cash0.00%
Other0.00%
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 WellPoint10.78%
HUM Humana Inc10.22%
NERV Minerva Neurosciences Inc9.02%
XLV Health Care Select Sector SPDR® Fund8.82%
-- 8.40%
SHPG Shire5.90%
LHCG LHC Group Inc5.80%
IWM iShares Russell 2000 ETF5.71%
SYK Stryker Corp4.89%
-- 4.65%