The Arbitrage Fund Class C (ARBCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

12.55

+0.01 (0.08%)

At close: Sep 25, 2026

Fund Assets	882.17M
Expense Ratio	2.46%
Min. Investment	$2,000
Turnover	220.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2025

Previous Close	12.54
YTD Return	2.62%
1-Year Return	4.83%
5-Year Return	15.57%
52-Week Low	12.20
52-Week High	12.69
Beta (5Y)	0.10
Holdings	95
Inception Date	Jun 1, 2012

About ARBCX

The Arbitrage Fund Class C is an open-end mutual fund specializing in merger arbitrage, an investment strategy that seeks to generate capital growth by exploiting price discrepancies in publicly announced mergers and acquisitions. This fund primarily invests in equity securities—both common and preferred stocks—of U.S. and international companies that are targets of corporate events such as mergers, takeovers, tender offers, leveraged buyouts, spin-offs, and liquidations. The fund’s objective is to capture the spread between the current market price of a target company and the price offered by an acquirer, aiming to deliver consistent absolute returns with reduced volatility and limited correlation to broader markets. The investment adviser employs a range of techniques, including short selling and the use of options, to minimize market exposure and preserve capital during periods of market stress. The Arbitrage Fund Class C is notable for its role as a specialized event-driven fund, providing investors with access to strategies designed to be less sensitive to general market movements and more focused on corporate transactional activity.

Fund Family Arbitrage Fund

Category Event Driven

Performance Rating Below Average

Risk Rating Below Average

Stock Exchange NASDAQ

Ticker Symbol ARBCX

Share Class Class C

Index ICE BofA US 3-Month T Bill TR IX

Performance

ARBCX had a total return of 4.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.07%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
ARBNX	Class I	1.46%
ARGAX	Class A	1.71%
ARBFX	Class R	1.71%

Top 10 Holdings

52.43% of assets

Name	Symbol	Weight
State Street Instl US Govt MMkt Premier	GVMXX	7.92%
Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio	MVRXX	7.92%
MORGAN STANLEY PRIME BROKER US	n/a	6.77%
Janus Henderson Group PLC	JHG	4.72%
Electronic Arts, Inc.	EA	4.68%
Norfolk Southern Corporation	NSC	4.29%
TXNM Energy, Inc.	TXNM	4.17%
Chart Industries, Inc.	GTLS	4.11%
Warner Bros. Discovery, Inc.	WBD	3.93%
Endeavor Group Holdings, Inc.	EDR	3.92%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$0.45646	Dec 19, 2025
Dec 18, 2024	$0.06339	Dec 19, 2024
Dec 14, 2023	$0.24409	Dec 15, 2023
Dec 15, 2022	$0.35494	Dec 16, 2022
Dec 17, 2020	$0.88524	Dec 18, 2020
Dec 19, 2019	$0.27464	Dec 20, 2019

Full Dividend History