Morningstar

AQR Equity Market Neutral R6 QMNRX

Morningstar Medalist Rating
Medalist Rating as of | See AQR Investment Hub
  • NAV / 1-Day Return 10.05  /  −0.40 %
  • Total Assets 724.8 Mil
  • Adj. Expense Ratio
    1.240%
  • Expense Ratio 4.930%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Large
  • Category Equity Market Neutral
  • Alt Style Correlation / Relative Volatility Negative/High
  • Min. Initial Investment 50.0 Mil
  • Status Open
  • TTM Yield 18.18%
  • Turnover 197%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis QMNRX

Will QMNRX 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 QMNRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the QMNRX 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 QMNRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Focused leadership in pursuit of enhancements.

Senior Analyst Karen Zaya

Karen Zaya

Senior Analyst

Summary

A tenured team guides AQR Equity Market Neutral with support from broader firm resources. Recent improvements to the process are sensible but require more time to prove the degree to which they enhance the strategy.

by Karen Zaya
Rated on Published on

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Portfolio Holdings QMNRX

More QMNRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 40.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Limited Purpose Cash Investment

41.50 278.5 Mil
—

US DOLLAR

13.49 90.5 Mil
Cash and Equivalents

United States Treasury Bills 0%

4.96 33.2 Mil
Government

United States Treasury Bills 0%

4.39 29.5 Mil
Government

United States Treasury Bills 0%

3.74 25.1 Mil
Government

United States Treasury Bills 0%

2.93 19.7 Mil
Government

United States Treasury Bills 0%

2.91 19.5 Mil
Government

United States Treasury Bills 0%

2.88 19.3 Mil
Government

United States Treasury Bills 0%

2.70 18.1 Mil
Government

United States Treasury Bills 0%

2.63 17.6 Mil
Government

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