Absolute Convertible Arbitrage Fund Institutional Shares (ARBIX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.69
+0.01 (0.09%)
At close: Feb 13, 2026
3.18% (1Y)
| Fund Assets | 1.09B |
| Expense Ratio | 1.41% |
| Min. Investment | $25,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 5.26% |
| Dividend Growth | 12.67% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 11.68 |
| YTD Return | 1.56% |
| 1-Year Return | 8.72% |
| 5-Year Return | 25.55% |
| 52-Week Low | 10.75 |
| 52-Week High | 11.69 |
| Beta (5Y) | 0.07 |
| Holdings | 247 |
| Inception Date | Aug 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 8.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.65%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VMNFX | Vanguard | Vanguard Market Neutral Fund Investor Shares | 1.40% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ARBOX | Investor Shares | 1.66% |
Top 10 Holdings
63.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Margin - Wells Fargo | n/a | 27.23% |
| Margin - Morgan Stanley | n/a | 14.00% |
| First American Treasury Obligations Fund | FXFXX | 9.75% |
| Absolute Flexible Fund Institutional Shares | FLXIX | 2.44% |
| EZCORP Inc. 3.75% | EZPW.3.75 12.15.29 | 2.01% |
| Granite Construction Inc 3.25% | GVA.3.25 06.15.30 | 1.85% |
| Patrick Industries Inc. 1.75% | PATK.1.75 12.01.28 | 1.44% |
| Halozyme Therapeutics Inc 1% | HALO.1 08.15.28 | 1.44% |
| Integer Holdings Corp. 1.875% | ITGR.1.875 03.15.30 | 1.43% |
| Merit Medical Systems Inc. 3% | MMSI.3 02.01.29 | 1.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.1586 | Dec 31, 2025 |
| Dec 12, 2025 | $0.380 | Dec 12, 2025 |
| Jun 30, 2025 | $0.0759 | Jun 30, 2025 |
| Dec 31, 2024 | $0.2076 | Dec 31, 2024 |
| Dec 12, 2024 | $0.1479 | Dec 12, 2024 |
| Jun 28, 2024 | $0.1899 | Jun 28, 2024 |