Nuveen Equity Long/Short Fund
Portfolio of Investments May 31, 2021
(Unaudited)
Shares | Description (1) | Value | ||||
LONG-TERM INVESTMENTS – 102.6% | ||||||
COMMON STOCKS – 102.6% | ||||||
Aerospace & Defense – 2.6% | ||||||
4,000 | Boeing Co, (2) | $988,080 | ||||
5,700 | Huntington Ingalls Industries Inc | 1,232,397 | ||||
24,300 | Textron Inc | 1,663,821 | ||||
Total Aerospace & Defense | 3,884,298 | |||||
Air Freight & Logistics – 1.8% | ||||||
5,500 | FedEx Corp | 1,731,455 | ||||
6,650 | XPO Logistics Inc, (2) | 977,085 | ||||
Total Air Freight & Logistics | 2,708,540 | |||||
Automobiles – 0.6% | ||||||
1,475 | Tesla Inc, (2) | 922,200 | ||||
Banks – 5.0% | ||||||
44,000 | Fifth Third Bancorp | 1,854,160 | ||||
9,800 | JPMorgan Chase & Co | 1,609,552 | ||||
33,000 | US Bancorp | 2,005,740 | ||||
41,500 | Wells Fargo & Co | 1,938,880 | ||||
Total Banks | 7,408,332 | |||||
Beverages – 1.3% | ||||||
20,400 | Monster Beverage Corp, (2) | 1,923,108 | ||||
Biotechnology – 6.3% | ||||||
63,500 | Alkermes PLC, (2) | 1,439,545 | ||||
3,700 | Biogen Inc, (2) | 989,676 | ||||
17,300 | Gilead Sciences Inc | 1,143,703 | ||||
14,400 | Horizon Therapeutics Plc, (2) | 1,319,904 | ||||
9,800 | Seagen Inc, (2) | 1,522,430 | ||||
8,200 | United Therapeutics Corp, (2) | 1,524,380 | ||||
6,800 | Vertex Pharmaceuticals Inc, (2) | 1,418,684 | ||||
Total Biotechnology | 9,358,322 | |||||
Building Products – 2.0% | ||||||
32,600 | Carrier Global Corp | 1,497,318 | ||||
14,200 | Owens Corning | 1,514,430 | ||||
Total Building Products | 3,011,748 | |||||
Capital Markets – 2.5% | ||||||
4,900 | Goldman Sachs Group Inc | 1,822,898 |
1
Nuveen Equity Long/Short Fund (continued)
Portfolio of Investments May 31, 2021
(Unaudited)
Shares | Description (1) | Value | ||||
Capital Markets (continued) | ||||||
20,800 | Morgan Stanley | $1,891,760 | ||||
Total Capital Markets | 3,714,658 | |||||
Chemicals – 2.6% | ||||||
14,500 | DuPont de Nemours Inc | 1,226,555 | ||||
5,900 | Linde PLC | 1,773,540 | ||||
17,000 | Olin Corp | 831,130 | ||||
Total Chemicals | 3,831,225 | |||||
Communications Equipment – 1.6% | ||||||
45,000 | Cisco Systems Inc | 2,380,500 | ||||
Construction Materials – 1.0% | ||||||
10,500 | Eagle Materials Inc, (2) | 1,540,980 | ||||
Consumer Finance – 1.2% | ||||||
10,800 | Capital One Financial Corp | 1,736,424 | ||||
Electrical Equipment – 0.9% | ||||||
7,100 | Hubbell Inc | 1,353,544 | ||||
Entertainment – 1.0% | ||||||
16,100 | Activision Blizzard Inc | 1,565,725 | ||||
Equity Real Estate Investment Trust – 4.0% | ||||||
6,500 | American Tower Corp | 1,660,490 | ||||
10,100 | Extra Space Storage Inc | 1,513,081 | ||||
11,700 | Simon Property Group Inc | 1,503,333 | ||||
33,000 | Weyerhaeuser Co | 1,252,680 | ||||
Total Equity Real Estate Investment Trust | 5,929,584 | |||||
Food & Staples Retailing – 1.3% | ||||||
13,500 | Walmart Inc | 1,917,405 | ||||
Food Products – 4.0% | ||||||
23,500 | Archer-Daniels-Midland Co | 1,563,455 | ||||
20,800 | Bunge Ltd | 1,805,856 | ||||
25,200 | Mondelez International Inc | 1,600,956 | ||||
39,000 | Pilgrim's Pride Corp, (2) | 937,560 | ||||
Total Food Products | 5,907,827 | |||||
Health Care Equipment & Supplies – 1.3% | ||||||
7,600 | Danaher Corp | 1,946,664 | ||||
Health Care Providers & Services – 5.6% | ||||||
4,500 | Anthem Inc | 1,791,990 | ||||
12,000 | Centene Corp, (2) | 883,200 |
2
Shares | Description (1) | Value | ||||
Health Care Providers & Services (continued) | ||||||
6,200 | Cigna Corp | $1,604,870 | ||||
3,350 | Humana Inc | 1,466,295 | ||||
6,200 | UnitedHealth Group Inc | 2,553,904 | ||||
Total Health Care Providers & Services | 8,300,259 | |||||
Household Durables – 2.0% | ||||||
52,000 | Newell Brands Inc | 1,491,880 | ||||
6,300 | Whirlpool Corp | 1,493,667 | ||||
Total Household Durables | 2,985,547 | |||||
Household Products – 1.5% | ||||||
20,300 | Energizer Holdings Inc | 934,612 | ||||
15,200 | Spectrum Brands Holdings Inc | 1,351,128 | ||||
Total Household Products | 2,285,740 | |||||
Interactive Media & Services – 4.1% | ||||||
1,565 | Alphabet Inc, (2) | 3,688,470 | ||||
7,600 | Facebook Inc, (2) | 2,498,348 | ||||
Total Interactive Media & Services | 6,186,818 | |||||
Internet & Direct Marketing Retail – 3.6% | ||||||
1,290 | Amazoncom Inc, (2) | 4,157,760 | ||||
7,000 | Etsy Inc, (2) | 1,153,110 | ||||
Total Internet & Direct Marketing Retail | 5,310,870 | |||||
IT Services – 1.2% | ||||||
6,200 | Accenture PLC | 1,749,392 | ||||
Leisure Products – 0.9% | ||||||
12,700 | Brunswick Corp/DE | 1,298,321 | ||||
Life Sciences Tools & Services – 2.0% | ||||||
47,000 | Avantor Inc, (2) | 1,511,050 | ||||
6,300 | IQVIA Holdings Inc, (2) | 1,513,008 | ||||
Total Life Sciences Tools & Services | 3,024,058 | |||||
Machinery – 3.8% | ||||||
10,300 | AGCO Corp | 1,425,211 | ||||
5,100 | Cummins Inc | 1,312,128 | ||||
11,300 | Oshkosh Corp | 1,485,272 | ||||
17,100 | Westinghouse Air Brake Technologies Corp | 1,415,196 | ||||
Total Machinery | 5,637,807 | |||||
Multiline Retail – 1.2% | ||||||
8,000 | Target Corp | 1,815,360 |
3
Nuveen Equity Long/Short Fund (continued)
Portfolio of Investments May 31, 2021
(Unaudited)
Shares | Description (1) | Value | ||||
Multi-Utilities – 1.5% | ||||||
13,300 | Ameren Corp | $1,119,860 | ||||
45,000 | CenterPoint Energy Inc | 1,138,500 | ||||
Total Multi-Utilities | 2,258,360 | |||||
Oil, Gas & Consumable Fuels – 3.6% | ||||||
16,500 | Diamondback Energy Inc | 1,321,155 | ||||
24,500 | Marathon Petroleum Corp | 1,514,100 | ||||
8,800 | Pioneer Natural Resources Co | 1,339,272 | ||||
29,000 | Targa Resources Corp | 1,126,940 | ||||
Total Oil, Gas & Consumable Fuels | 5,301,467 | |||||
Personal Products – 1.0% | ||||||
4,900 | Estee Lauder Cos Inc | 1,501,948 | ||||
Pharmaceuticals – 1.0% | ||||||
8,300 | Jazz Pharmaceuticals PLC, (2) | 1,478,479 | ||||
Professional Services – 1.9% | ||||||
16,400 | Booz Allen Hamilton Holding Corp | 1,392,852 | ||||
10,400 | Jacobs Engineering Group Inc | 1,477,632 | ||||
Total Professional Services | 2,870,484 | |||||
Real Estate Management & Development – 0.8% | ||||||
14,000 | CBRE Group Inc, (2) | 1,228,920 | ||||
Road & Rail – 1.1% | ||||||
7,500 | Union Pacific Corp | 1,685,475 | ||||
Semiconductors & Semiconductor Equipment – 5.0% | ||||||
12,600 | Applied Materials Inc | 1,740,438 | ||||
4,700 | Broadcom Inc | 2,219,951 | ||||
8,300 | Cree Inc, (2) | 830,083 | ||||
17,000 | Intel Corp | 971,040 | ||||
2,600 | Lam Research Corp | 1,689,610 | ||||
Total Semiconductors & Semiconductor Equipment | 7,451,122 | |||||
Software – 8.5% | ||||||
12,700 | Dolby Laboratories Inc | 1,238,758 | ||||
48,000 | Dropbox Inc, (2) | 1,312,800 | ||||
3,400 | HubSpot Inc, (2) | 1,714,892 | ||||
21,100 | Microsoft Corp | 5,268,248 | ||||
3,600 | ServiceNow Inc, (2) | 1,705,968 | ||||
5,800 | Synopsys Inc, (2) | 1,475,172 | ||||
Total Software | 12,715,838 |
4
Shares | Description (1) | Value | ||||
Specialty Retail – 2.4% | ||||||
8,450 | Best Buy Co Inc | $982,228 | ||||
2,800 | Home Depot Inc | 892,948 | ||||
8,700 | Lowe's Cos Inc | 1,695,021 | ||||
Total Specialty Retail | 3,570,197 | |||||
Technology Hardware, Storage & Peripherals – 3.7% | ||||||
33,500 | Apple Inc | 4,174,435 | ||||
13,100 | Dell Technologies Inc, (2) | 1,292,184 | ||||
Total Technology Hardware, Storage & Peripherals | 5,466,619 | |||||
Textiles, Apparel & Luxury Goods – 3.1% | ||||||
27,200 | Capri Holdings Ltd, (2) | 1,542,512 | ||||
10,500 | NIKE Inc | 1,432,830 | ||||
83,000 | Under Armour Inc, (2) | 1,581,980 | ||||
Total Textiles, Apparel & Luxury Goods | 4,557,322 | |||||
Trading Companies & Distributors – 1.0% | ||||||
3,100 | WW Grainger Inc | 1,432,696 | ||||
Wireless Telecommunication Services – 1.1% | ||||||
11,400 | T-Mobile US Inc, (2) | 1,612,530 | ||||
Total Long-Term Investments (cost $118,730,655) | 152,766,713 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Value | ||
SHORT-TERM INVESTMENTS – 19.1% | ||||||
REPURCHASE AGREEMENTS – 19.1% | ||||||
$28,406 | Repurchase Agreement with Fixed Income Clearing Corporation, dated 5/28/21, repurchase price $28,405,628, collateralized by $25,632,100, U.S. Treasury Inflation Index Notes, 0.125%, due 1/15/30, value $28,973,813 | 0.000% | 6/01/21 | $28,405,628 | ||
Total Short-Term Investments (cost $28,405,628) | 28,405,628 | |||||
Total Investments (cost $147,136,283) – 121.7% | 181,172,341 |
Shares | Description (1) | Value | ||||
COMMON STOCKS SOLD SHORT – (30.1)% (3) | ||||||
Aerospace & Defense – (1.2)% | ||||||
(3,100) | Axon Enterprise Inc, (2) | $(435,829) | ||||
(7,800) | BWX Technologies Inc | (487,812) | ||||
(3,000) | HEICO Corp | (421,380) | ||||
(6,600) | Mercury Systems Inc, (2) | (431,970) | ||||
Total Aerospace & Defense | (1,776,991) |
5
Nuveen Equity Long/Short Fund (continued)
Portfolio of Investments May 31, 2021
(Unaudited)
Shares | Description (1) | Value | ||||
Beverages – (0.7)% | ||||||
(450) | Boston Beer Co Inc, (2) | $(476,172) | ||||
(6,300) | Brown-Forman Corp | (506,268) | ||||
Total Beverages | (982,440) | |||||
Biotechnology – (0.7)% | ||||||
(3,800) | Acceleron Pharma Inc, (2) | (497,382) | ||||
(5,800) | Incyte Corp, (2) | (485,924) | ||||
Total Biotechnology | (983,306) | |||||
Building Products – (0.6)% | ||||||
(10,100) | AZEK Co Inc, (2) | (439,653) | ||||
(5,000) | Trex Co Inc, (2) | (487,050) | ||||
Total Building Products | (926,703) | |||||
Capital Markets – (0.7)% | ||||||
(9,000) | Apollo Global Management Inc | (516,060) | ||||
(12,000) | Carlyle Group Inc | (523,680) | ||||
Total Capital Markets | (1,039,740) | |||||
Chemicals – (0.9)% | ||||||
(1,550) | Air Products and Chemicals Inc | (464,473) | ||||
(3,000) | Albemarle Corp | (501,240) | ||||
(1,500) | Ecolab Inc | (322,620) | ||||
Total Chemicals | (1,288,333) | |||||
Commercial Services & Supplies – (0.6)% | ||||||
(3,200) | Copart Inc, (2) | (412,832) | ||||
(7,400) | IAA Inc, (2) | (421,578) | ||||
Total Commercial Services & Supplies | (834,410) | |||||
Consumer Finance – (0.3)% | ||||||
(2,000) | LendingTree Inc, (2) | (410,500) | ||||
Containers & Packaging – (0.6)% | ||||||
(2,900) | AptarGroup Inc | (427,199) | ||||
(5,600) | Ball Corp | (460,096) | ||||
Total Containers & Packaging | (887,295) | |||||
Distributors – (0.3)% | ||||||
(950) | Pool Corp | (414,723) | ||||
Diversified Consumer Services – (0.6)% | ||||||
(2,900) | Bright Horizons Family Solutions Inc, (2) | (400,867) | ||||
(5,400) | Chegg Inc, (2) | (415,314) | ||||
Total Diversified Consumer Services | (816,181) |
6
Shares | Description (1) | Value | ||||
Electric Utilities – (0.8)% | ||||||
(4,100) | Duke Energy Corp | $(410,902) | ||||
(44,000) | PG&E Corp, (2) | (446,160) | ||||
(4,200) | Southern Co | (268,464) | ||||
Total Electric Utilities | (1,125,526) | |||||
Electronic Equipment, Instruments & Components – (0.3)% | ||||||
(11,500) | National Instruments Corp | (469,200) | ||||
Entertainment – (0.3)% | ||||||
(10,000) | Liberty Media Corp-Liberty Formula One, (2) | (446,500) | ||||
Equity Real Estate Investment Trust – (1.6)% | ||||||
(2,800) | Alexandria Real Estate Equities Inc | (499,128) | ||||
(12,500) | Americold Realty Trust | (475,250) | ||||
(3,200) | Digital Realty Trust Inc | (484,992) | ||||
(13,000) | Douglas Emmett Inc | (451,360) | ||||
(6,000) | Realty Income Corp | (410,400) | ||||
Total Equity Real Estate Investment Trust | (2,321,130) | |||||
Food & Staples Retailing – (0.3)% | ||||||
(13,000) | US Foods Holding Corp, (2) | (506,220) | ||||
Food Products – (0.6)% | ||||||
(6,200) | Kellogg Co | (406,038) | ||||
(5,600) | McCormick & Co Inc/MD | (498,736) | ||||
Total Food Products | (904,774) | |||||
Gas Utilities – (0.3)% | ||||||
(4,300) | Atmos Energy Corp | (426,431) | ||||
Health Care Equipment & Supplies – (1.7)% | ||||||
(1,400) | ABIOMED Inc, (2) | (398,412) | ||||
(4,900) | Edwards Lifesciences Corp, (2) | (469,910) | ||||
(1,550) | Penumbra Inc, (2) | (386,120) | ||||
(2,000) | ResMed Inc | (411,700) | ||||
(2,600) | STERIS PLC | (496,236) | ||||
(1,000) | Teleflex Inc | (402,190) | ||||
Total Health Care Equipment & Supplies | (2,564,568) | |||||
Health Care Providers & Services – (0.6)% | ||||||
(4,800) | Encompass Health Corp | (411,792) | ||||
(15,000) | Premier Inc | (495,000) | ||||
Total Health Care Providers & Services | (906,792) | |||||
Health Care Technology – (0.3)% | ||||||
(22,000) | Change Healthcare Inc, (2) | (515,680) |
7
Nuveen Equity Long/Short Fund (continued)
Portfolio of Investments May 31, 2021
(Unaudited)
Shares | Description (1) | Value | ||||
Hotels, Restaurants & Leisure – (1.7)% | ||||||
(4,400) | Choice Hotels International Inc, (2) | $(532,004) | ||||
(1,000) | Domino's Pizza Inc | (426,870) | ||||
(5,700) | Hyatt Hotels Corp, (2) | (445,056) | ||||
(5,100) | Planet Fitness Inc, (2) | (401,727) | ||||
(2,400) | Starbucks Corp | (273,312) | ||||
(1,400) | Vail Resorts Inc, (2) | (457,632) | ||||
Total Hotels, Restaurants & Leisure | (2,536,601) | |||||
Household Products – (0.3)% | ||||||
(5,700) | Church & Dwight Co Inc | (488,661) | ||||
Insurance – (0.6)% | ||||||
(1,400) | Aon PLC | (354,718) | ||||
(42,000) | GoHealth Inc, (2) | (477,540) | ||||
Total Insurance | (832,258) | |||||
Internet & Direct Marketing Retail – (0.2)% | ||||||
(1,200) | Wayfair Inc, (2) | (367,848) | ||||
IT Services – (2.2)% | ||||||
(4,700) | Akamai Technologies Inc, (2) | (536,787) | ||||
(6,300) | Black Knight Inc, (2) | (462,357) | ||||
(2,600) | Broadridge Financial Solutions Inc | (414,648) | ||||
(1,900) | Globant SA, (2) | (413,953) | ||||
(3,200) | Jack Henry & Associates Inc | (493,280) | ||||
(5,200) | Leidos Holdings Inc | (534,300) | ||||
(24,000) | Switch Inc | (452,880) | ||||
Total IT Services | (3,308,205) | |||||
Life Sciences Tools & Services – (1.1)% | ||||||
(11,000) | Adaptive Biotechnologies Corp, (2) | (415,910) | ||||
(11,000) | Berkeley Lights Inc, (2) | (478,500) | ||||
(1,000) | Bio-Techne Corp | (413,830) | ||||
(2,100) | Repligen Corp, (2) | (383,481) | ||||
Total Life Sciences Tools & Services | (1,691,721) | |||||
Machinery – (0.9)% | ||||||
(5,600) | Graco Inc | (424,032) | ||||
(1,800) | IDEX Corp | (400,788) | ||||
(3,800) | Xylem Inc/NY | (448,856) | ||||
Total Machinery | (1,273,676) | |||||
Marine – (0.3)% | ||||||
(7,600) | Kirby Corp, (2) | (496,508) |
8
Shares | Description (1) | Value | ||||
Media – (0.5)% | ||||||
(225) | Cable One Inc | $(408,501) | ||||
(2,300) | Liberty Broadband Corp, (2) | (382,467) | ||||
Total Media | (790,968) | |||||
Multiline Retail – (0.2)% | ||||||
(1,500) | Dollar General Corp | (304,440) | ||||
Multi-Utilities – (0.3)% | ||||||
(6,200) | Consolidated Edison Inc | (478,888) | ||||
Oil, Gas & Consumable Fuels – (0.6)% | ||||||
(22,000) | APA Corp | (457,600) | ||||
(7,400) | ONEOK Inc | (390,276) | ||||
Total Oil, Gas & Consumable Fuels | (847,876) | |||||
Pharmaceuticals – (1.1)% | ||||||
(12,400) | Elanco Animal Health Inc, (2) | (446,152) | ||||
(10,900) | Royalty Pharma PLC | (437,308) | ||||
(21,000) | Viatris Inc | (320,040) | ||||
(2,300) | Zoetis Inc | (406,364) | ||||
Total Pharmaceuticals | (1,609,864) | |||||
Professional Services – (0.9)% | ||||||
(450) | CoStar Group Inc, (2) | (384,300) | ||||
(19,800) | Dun & Bradstreet Holdings Inc, (2) | (425,106) | ||||
(5,000) | TransUnion | (535,000) | ||||
Total Professional Services | (1,344,406) | |||||
Semiconductors & Semiconductor Equipment – (1.2)% | ||||||
(4,400) | Advanced Micro Devices Inc, (2) | (352,352) | ||||
(2,500) | Analog Devices Inc | (411,500) | ||||
(5,400) | First Solar Inc, (2) | (410,994) | ||||
(1,800) | QUALCOMM Inc | (242,172) | ||||
(2,100) | Skyworks Solutions Inc | (357,000) | ||||
Total Semiconductors & Semiconductor Equipment | (1,774,018) |
9
Nuveen Equity Long/Short Fund (continued)
Portfolio of Investments May 31, 2021
(Unaudited)
Shares | Description (1) | Value | ||||
Software – (2.5)% | ||||||
(6,100) | Alteryx Inc, (2) | $(474,397) | ||||
(7,700) | CDK Global Inc | (403,018) | ||||
(5,600) | Ceridian HCM Holding Inc, (2) | (500,976) | ||||
(5,600) | Cloudflare Inc, (2) | (459,536) | ||||
(12,300) | Duck Creek Technologies Inc, (2) | (483,513) | ||||
(15,000) | Jamf Holding Corp, (2) | (520,200) | ||||
(16,000) | NortonLifeLock Inc | (442,560) | ||||
(4,100) | Pegasystems Inc | (484,374) | ||||
Total Software | (3,768,574) | |||||
Specialty Retail – (0.3)% | ||||||
(10,800) | Vroom Inc, (2) | (477,468) | ||||
Textiles, Apparel & Luxury Goods – (0.6)% | ||||||
(1,300) | Lululemon Athletica Inc, (2) | (420,069) | ||||
(9,700) | Skechers USA Inc, (2) | (460,750) | ||||
Total Textiles, Apparel & Luxury Goods | (880,819) | |||||
Water Utilities – (0.6)% | ||||||
(3,000) | American Water Works Co Inc | (465,060) | ||||
(10,200) | Essential Utilities Inc | (487,560) | ||||
Total Water Utilities | (952,620) | |||||
Total Common Stocks Sold Short (proceeds $43,569,819) | (44,772,862) | |||||
Other Assets Less Liabilities – (21.7)% | (32,339,166) | |||||
Net Assets – 100% | $148,833,175 |
Part F of Form N-PORT was prepared
in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”)
related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial
statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the
Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities
are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring
a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of
observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants
would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the
assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered
hierarchy of valuation input levels.
Level 1
– Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
10
Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The following table summarizes the
market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | Total | |
Long-Term Investments: | ||||
Common Stocks | $152,766,713 | $ — | $ — | $152,766,713 |
Short-Term Investments: | ||||
Repurchase Agreements | — | 28,405,628 | — | 28,405,628 |
Common Stocks Sold Short | (44,772,862) | — | — | (44,772,862) |
Total | $107,993,851 | $28,405,628 | $ — | $136,399,479 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(3) | The Fund may pledge up to 100% of its eligible long-term investments in the Portfolio of Investments as collateral for Common Stocks Sold Short. As of the end of the reporting period, long-term investments with a value of $63,683,823 have been pledged as collateral for Common Stocks Sold Short. |
11