Absolute Convertible Arbitrage Fund Institutional Shares (ARBIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.64
-0.01 (-0.09%)
Aug 1, 2025, 4:00 PM EDT
-0.09%
Fund Assets1.09B
Expense Ratio1.41%
Min. Investment$25,000
Turnovern/a
Dividend (ttm)0.43
Dividend Yield3.70%
Dividend Growth2.76%
Payout FrequencyQuarterly
Ex-Dividend Daten/a
Previous Close11.65
YTD Return4.02%
1-Year Return7.23%
5-Year Return26.14%
52-Week Low11.20
52-Week High11.66
Beta (5Y)0.07
Holdings219
Inception DateAug 14, 2017

About ARBIX

The Absolute Convertible Arbitrage Fund Institutional Shares (ARBIX) seeks to achieve positive absolute returns over the long-term with low volatility when compared to traditional market indices. It invests primarily in a diversified portfolio of convertible securities. These are typically debt securities or preferred stocks that can be exchanged for, or converted to common stock.

Category Relative Value Arbitrage
Stock Exchange NASDAQ
Ticker Symbol ARBIX
Share Class Institutional Shares
Index Index is not available on Lipper Database

Performance

ARBIX had a total return of 7.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 82.48%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
VMNFXVanguardVanguard Market Neutral Fund Investor Shares1.40%

Other Share Classes

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

SymbolShare ClassExpense Ratio
ARBOXInvestor Shares1.66%

Top 10 Holdings

58.76% of assets
NameSymbolWeight
Margin - Wells Fargon/a22.01%
Margin - Morgan Stanleyn/a12.89%
First American Treasury Obligations FundFXFXX10.75%
Rocket Lab Corp. 4.25%RKLB.4.25 02.01.292.73%
Absolute Flexible Fund Institutional SharesFLXIX2.52%
Integer Holdings Corp. 1.875%ITGR.1.875 03.15.301.68%
Merit Medical Systems Inc. 3%MMSI.3 02.01.291.64%
EZCORP Inc. 3.75%EZPW.3.75 12.15.291.57%
Fluor Corporation 1.125%FLR.1.125 08.15.291.54%
Halozyme Therapeutics Inc 1%HALO.1 08.15.281.43%

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.0759Jun 30, 2025
Dec 31, 2024$0.2076Dec 31, 2024
Dec 12, 2024$0.1479Dec 12, 2024
Jun 28, 2024$0.1899Jun 28, 2024
Dec 29, 2023$0.2299Dec 29, 2023
Jun 30, 2023$0.16619Jul 3, 2023
Full Dividend History