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Highland Long/Short Healthcare Fund Class Z (HHCZX)

11.91
Net Asset Value
-0.33%
1 Day
-12.56%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
2.42%
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+4.75% 3 years+6.36%
3 months-2.54% 5 years+2.29%
1 year-23.15% Since inception+5.01%
Data through --

Peer Comparisonvs. Long/short equity

 HHCZXCategory
Performance 5-yr return+2.29%+3.52%
Expense ratio2.42%1.84%
Risk 5 year sharpe ratio0.240.45
Net assets$373.0M$300.4M
Average market cap$14.7B$48.9B
Average P/E29.318.1
Portfolio turnover409%409%

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Fund Management and Purchase Info

Fund familyHighland Funds
Fund manager & tenureMichael Gregory / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment$50.00

Holdings

Cash55.14%
U.S. stock36.07%
International stock4.40%
Fixed income4.39%
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
BMY Bristol-Myers Squibb5.22%
PFE Pfizer4.58%
JNJ Johnson & Johnson4.45%
AET Aetna4.06%
REGN Regeneron Pharmaceuticals3.89%
CELG Celgene3.36%
ZBH Zimmer Biomet Holdings Inc3.21%
LDRH LDR Holding Corp2.91%
LLY Eli Lilly and Co2.79%
ABT Abbott Laboratories2.55%

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