Highland Long/Short Healthcare Fund Class C (HHCCX)

12.32
Net Asset Value
-0.08%
1 Day
+7.88%
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+5.29% 3 years-6.12%
3 months+9.31% 5 years+4.92%
1 year+14.59% Since inception+4.33%
Data through --

Peer Comparisonvs. Long-short equity

 HHCCXCategory
Performance 5-yr return+4.92%+4.49%
Expense ratio3.45%1.89%
Risk 5 year sharpe ratio0.300.52
Net assets$57.8M$340.5M
Average market cap$5.2B$43.4B
Average P/E--17.5
Portfolio turnover964%964%

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureAndrew Hilgenbrink / 0 Years
Minimal initial investment$2,500.00
Minimum IRA investment$50.00

Holdings

U.S. stock86.18%
International stock12.68%
Fixed income1.15%
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
SHPG Shire12.25%
-- 11.61%
NERV Minerva Neurosciences Inc9.37%
ABT Abbott Laboratories8.36%
BIO Bio Rad Laboratories Inc8.30%
QHC Quorum Health Corp6.42%
-- 5.86%
VRTX Vertex Pharmaceuticals Inc5.14%
RHHBY Roche4.33%
LHCG LHC Group Inc3.88%