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AQR Diversified Arbitrage Fund Class N (ADANX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.22
+0.02 (0.15%)
At close: Nov 10, 2026
Fund Assets3.10B
Expense Ratio2.107%
Min. Investment$1,000,000
Turnover410.00%
Dividend (ttm)0.24
Dividend Yield1.80%
Dividend Growth105.08%
Payout FrequencyAnnual
Ex-Dividend DateDec 17, 2025
Previous Close13.20
YTD Return3.20%
1-Year Return3.74%
5-Year Return13.55%
52-Week Low12.79
52-Week High13.28
Beta (5Y)0.09
Holdings755
Inception DateJan 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.

Fund Family AQR Funds
Category Relative Value Arbitrage
Performance Rating High
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol ADANX
Share Class Class N
Index ICE BofA US 3-Month T Bill TR IX

Performance

ADANX had a total return of 3.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.05%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
QDARXClass R61.66%
ADAIXClass I1.77%

Top 10 Holdings

61.81% of assets
NameSymbolWeight
Limited Purpose Cash Investment Fundn/a33.94%
United States of America - U.S. Treasury BillsB.0 07.23.264.51%
United States of America - U.S. Treasury BillsB.0 12.03.263.71%
United States of America - U.S. Treasury BillsB.0 07.09.263.39%
United States of America - U.S. Treasury BillsB.0 07.30.263.37%
United States of America - U.S. Treasury BillsB.0 07.02.263.12%
United States of America - U.S. Treasury BillsB.0 12.17.262.64%
United States of America - U.S. Treasury BillsB.0 07.16.262.64%
United States of America - U.S. Treasury BillsB.0 11.12.262.27%
United States of America - U.S. Treasury BillsB.0 11.27.262.23%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 17, 2025$0.23785Dec 18, 2025
Dec 17, 2024$0.11598Dec 18, 2024
Dec 18, 2023$0.29257Dec 19, 2023
Dec 19, 2022$0.01133Dec 20, 2022
Dec 23, 2021$0.0479Dec 27, 2021
Dec 22, 2020$0.1532Dec 23, 2020
Full Dividend History