AQR Diversified Arbitrage Fund Class I (ADAIX)
| Fund Assets | 2.20B |
| Expense Ratio | 1.87% |
| Min. Investment | $5,000,000 |
| Turnover | 361.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.10% |
| Dividend Growth | 82.84% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 12.92 |
| YTD Return | 0.78% |
| 1-Year Return | 7.98% |
| 5-Year Return | 8.10% |
| 52-Week Low | 11.97 |
| 52-Week High | 12.96 |
| Beta (5Y) | n/a |
| Holdings | 1343 |
| Inception Date | Jan 15, 2009 |
About ADAIX
AQR Diversified Arbitrage Fund Class I is a mutual fund specializing in relative value arbitrage strategies. Its primary function is to capture returns from mispricing across related securities through diversified approaches such as merger arbitrage, convertible arbitrage, and corporate event-driven strategies. By maintaining both long and short positions, the fund aims to minimize sensitivity to traditional equity market risks and seeks steady returns with low correlation to broad market movements. The fund actively invests across the corporate lifecycle, including opportunities arising from mergers, initial public offerings, business financings, and restructurings. With significant allocations to cash and U.S. Treasury Bills, it prioritizes liquidity and risk management alongside arbitrage exposures. Managed by a team of seasoned professionals, the fund appeals to institutional and sophisticated investors looking for exposure to sophisticated event-driven tactics within a single vehicle, contributing to portfolio diversification with an emphasis on risk-adjusted performance in the alternatives segment of the financial market.
Performance
ADAIX had a total return of 7.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.41%.
Top 10 Holdings
61.90% of assets| Name | Symbol | Weight |
|---|---|---|
| Limited Purpose Cash Investment | n/a | 32.96% |
| United States Treasury Bills 0% | B.0 01.15.26 | 4.06% |
| United States Treasury Bills 0% | B.0 01.08.26 | 4.04% |
| US DOLLAR | n/a | 3.68% |
| United States Treasury Bills 0% | B.0 07.02.26 | 3.67% |
| United States Treasury Bills 0% | B.0 03.12.26 | 3.59% |
| United States Treasury Bills 0% | B.0 05.07.26 | 3.15% |
| United States Treasury Bills 0% | B.0 05.21.26 | 2.54% |
| United States Treasury Bills 0% | B.0 01.29.26 | 2.17% |
| United States Treasury Bills 0% | B.0 01.02.26 | 2.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.27184 | Dec 18, 2025 |
| Dec 17, 2024 | $0.14868 | Dec 18, 2024 |
| Dec 18, 2023 | $0.32552 | Dec 19, 2023 |
| Dec 19, 2022 | $0.01133 | Dec 20, 2022 |
| Dec 23, 2021 | $0.0782 | Dec 27, 2021 |
| Dec 22, 2020 | $0.1838 | Dec 23, 2020 |