The Arbitrage Fund Class R (ARBFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
13.20
+0.05 (0.38%)
Mar 3, 2025, 8:07 AM EST
3.29% (1Y)
| Fund Assets | 941.27M |
| Expense Ratio | 1.60% |
| Min. Investment | $2,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 0.92% |
| Dividend Growth | -50.34% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 13.15 |
| YTD Return | 2.33% |
| 1-Year Return | 4.27% |
| 5-Year Return | 18.55% |
| 52-Week Low | 12.55 |
| 52-Week High | 13.20 |
| Beta (5Y) | 0.13 |
| Holdings | 85 |
| Inception Date | Sep 18, 2000 |
About ARBFX
The fund will invest at least 80% of its net assets in equity securities of companies (both U.S. and foreign) that are involved in publicly announced mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations. Equity securities include common and preferred stock. Merger arbitrage is a highly specialized investment approach designed to profit from the successful completion of mergers, takeovers, tender offers, leveraged buyouts, spin-offs, liquidations and other corporate reorganizations.
Category Event Driven
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol ARBFX
Share Class Class R
Index ICE BofA US 3-Month T Bill TR IX
Performance
ARBFX had a total return of 4.27% in the past year. Since the fund's inception, the average annual return has been 3.77%, including dividends.
Top 10 Holdings
55.45% of assets| Name | Symbol | Weight |
|---|---|---|
| Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio | MVRXX | 11.27% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 11.27% |
| Hess Corporation | HES | 5.02% |
| Water Island Event-Driven Fund Class I | AEDNX | 4.77% |
| Amedisys, Inc. | AMED | 4.62% |
| Kellanova | K | 4.11% |
| MORGAN STANLEY PRIME BROKER US | n/a | 3.75% |
| DS Smith Plc | SMDS | 3.58% |
| Endeavor Group Holdings, Inc. | EDR | 3.53% |
| Albertsons Companies, Inc. | ACI | 3.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.12121 | Dec 19, 2024 |
| Dec 14, 2023 | $0.24409 | Dec 15, 2023 |
| Dec 15, 2022 | $0.44831 | Dec 16, 2022 |
| Dec 17, 2020 | $0.88524 | Dec 18, 2020 |
| Dec 19, 2019 | $0.27464 | Dec 20, 2019 |
| Dec 13, 2018 | $0.15508 | Dec 14, 2018 |