AQR Diversified Arbitrage Fund Class N (ADANX)
| Fund Assets | 2.26B |
| Expense Ratio | 2.12% |
| Min. Investment | $1,000,000 |
| Turnover | 410.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 1.85% |
| Dividend Growth | 105.08% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 12.89 |
| YTD Return | 0.62% |
| 1-Year Return | 6.23% |
| 5-Year Return | 11.53% |
| 52-Week Low | 12.11 |
| 52-Week High | 12.94 |
| Beta (5Y) | 0.09 |
| Holdings | 1343 |
| Inception Date | Jan 15, 2009 |
About ADANX
AQR Diversified Arbitrage Fund Class N is an alternatives mutual fund that pursues long-term absolute returns through arbitrage strategies that exploit mispricings in related securities. The fund provides diversified exposure across merger arbitrage, convertible arbitrage, and corporate event-driven strategies, combining long and short positions to identify attractive opportunities. It invests across a broad range of instruments including individual stocks, convertible bonds, debt securities, and derivatives such as swaps, futures, and options. The fund seeks to capitalize on market dislocations created by corporate events including mergers, initial public offerings, financings, and restructurings. A key characteristic of the fund is its target for low correlation to traditional equity markets, aiming to deliver steady returns with reduced sensitivity to broader market movements. The fund employs a diversified portfolio approach to manage risk while pursuing its investment objectives across multiple strategies operating at different stages of the corporate lifecycle.
Performance
ADANX had a total return of 6.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.82%.
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 | $0.23785 | Dec 18, 2025 |
| Dec 17, 2024 | $0.11598 | Dec 18, 2024 |
| Dec 18, 2023 | $0.29257 | Dec 19, 2023 |
| Dec 19, 2022 | $0.01133 | Dec 20, 2022 |
| Dec 23, 2021 | $0.0479 | Dec 27, 2021 |
| Dec 22, 2020 | $0.1532 | Dec 23, 2020 |