Absolute Convertible Arbitrage Instl (ARBIX)

Fund Assets	1.09B
Expense Ratio	1.36%
Min. Investment	$25,000
Turnover	n/a
Dividend (ttm)	0.27
Dividend Yield	2.25%
Dividend Growth	-4.87%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 30, 2026

Previous Close	11.99
YTD Return	5.14%
1-Year Return	8.18%
5-Year Return	29.87%
52-Week Low	11.51
52-Week High	12.10
Beta (5Y)	0.08
Holdings	273
Inception Date	Aug 14, 2017

About ARBIX

The Absolute Convertible Arbitrage Instl (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 8.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 71.69%.

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	1.95%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
ARBOX	Investor Shares	1.61%

Top 10 Holdings

71.01% of assets

Name	Symbol	Weight
Margin - Wells Fargo	n/a	31.63%
Margin - Morgan Stanley	n/a	13.93%
First American Treasury Obligs X	FXFXX	12.58%
EZCORP Inc. 3.75%	EZPW.3.75 12.15.29	2.45%
MKS Inc. 1.25%	MKSI.1.25 06.01.30	2.02%
Absolute Flexible Instl	FLXIX	1.93%
Granite Construction Inc 3.25%	GVA.3.25 06.15.30	1.75%
Cohu Inc 1.5%	COHU.1.5 01.15.31	1.74%
Morgan Stanley InstlLqdty TrsSecs Instl	MSUXX	1.58%
Applied Optoelectronics Inc 2.75%	AAOI.2.75 01.15.30	1.39%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2026	$0.1111	Jun 30, 2026
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

Data Sources: Tiingo, Alpha Vantage, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Alpha Vantage. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

Data Sources Report a data error