Convergence Long/Short Eq... (CLSE)
AMEX: CLSE
· Real-Time Price · USD
23.11
0.04 (0.17%)
At close: Jun 18, 2025, 9:54 AM
0.17% (1D)
| Bid | 23.08 |
| Market Cap | 183.54M |
| AUM | 171.81M |
| NAV | 22.2633 |
| EPS (ttm) | 1.22 |
| PE Ratio (ttm) | 18.91 |
| Shares Out | 7.94M |
| Inception Date | Dec 29, 2009 |
| Ask | 23.14 |
| Volume | 1.66K |
| Open | 23.05 |
| Previous Close | 23.07 |
| Day's Range | 23.05 - 23.13 |
| 52-Week Range | 19.59 - 24.23 |
| Holdings | 327 |
| Expense Ratio | 0.95% |
About CLSE
The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.
Asset Class Equity
Ticker Symbol CLSE
Inception Date Dec 29, 2009
Provider Other
Website Fund Home Page
Exchange AMEX
Top Sectors
| Sector | Weight % |
|---|---|
| Technology | 30.44% |
| Financial Services | 12.62% |
| Healthcare | 11.53% |
| Industrials | 10.51% |
| Consumer Cyclical | 10.19% |
Top 10 Holdings 28.37% of assets
| Name | Symbol | Weight |
|---|---|---|
| Cash & Other | Cash&Other | 18.19% |
| Meta Platforms, Inc. | META | 1.66% |
| Nvidia Corporation | NVDA | 1.35% |
| Broadcom Inc. | AVGO | 1.20% |
| Amazon.com, Inc. | AMZN | 1.18% |
| Netflix, Inc. | NFLX | 1.07% |
| Analog Devices, Inc. | ADI | 1.04% |
| Walmart Inc. | WMT | 0.91% |
| Alphabet Inc. | GOOGL | 0.90% |
| Verisign, Inc. | VRSN | 0.87% |
Dividends Dividend Yield 0.89%
| Ex-Dividend | Amount | Payment Date |
|---|---|---|
| Dec 16, 2024 | $0.2120 | Dec 17, 2024 |
| Dec 15, 2023 | $0.2064 | Dec 21, 2023 |
| Dec 15, 2022 | $0.1250 | Dec 19, 2022 |
3 months ago · seekingalpha.com
CLSE: Long/Short Fund Ideal For Today's Macro Set-Up (Rating Upgrade)CLSE's long-short strategy minimizes volatility and provides consistent alpha, outperforming SPY and IWV with a high Sharpe ratio and significant alpha. The fund's long exposure is 116%, short exposur...