Morningstar

AQR Diversified Arbitrage I ADAIX

Morningstar Medalist Rating
Medalist Rating as of | See AQR Investment Hub
  • NAV / 1-Day Return 12.34  /  0.00
  • Total Assets 2.0 Bil
  • Adj. Expense Ratio
    1.400%
  • Expense Ratio 1.530%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Relative Value Arbitrage
  • Alt Style Correlation / Relative Volatility Low/Low
  • Min. Initial Investment 5.0 Mil
  • Status Open
  • TTM Yield 2.64%
  • Turnover 197%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:09 PM GMT+0

Morningstar’s Analysis ADAIX

Will ADAIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ADAIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ADAIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ADAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Opportunity-oriented and flexible.

Senior Analyst Karen Zaya

Karen Zaya

Senior Analyst

Summary

AQR Diversified Arbitrage benefits from a well-resourced team with a differentiated background and the flexibility of its unique and opportunistic approach.

by Karen Zaya
Rated on Published on

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Portfolio Holdings ADAIX

More ADAIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US DOLLAR

16.00 308.5 Mil
Cash and Equivalents

Limited Purpose Cash Investment

15.55 299.9 Mil
—

Royal Caribbean Group 6%

7.94 153.1 Mil
Corporate

United States Treasury Bills 0%

5.56 107.2 Mil
Government

United States Treasury Bills 0%

5.51 106.3 Mil
Government

Goldman Sachs FS Treasury Intms Instl

2.62 50.5 Mil
Cash and Equivalents

Carnival Corporation 5.75%

2.46 47.4 Mil
Corporate

United States Treasury Bills 0%

2.44 47.0 Mil
Government

United States Treasury Bills 0%

2.44 47.0 Mil
Government

United States Treasury Bills 0%

1.79 34.4 Mil
Government

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