The Arbitrage Fund Class Institutional (ARBNX)

Fund Assets	1.12B
Expense Ratio	1.35%
Min. Investment	$100,000
Turnover	n/a
Dividend (ttm)	0.16
Dividend Yield	1.13%
Dividend Growth	-42.90%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2024

Previous Close	14.01
YTD Return	4.24%
1-Year Return	6.44%
5-Year Return	19.62%
52-Week Low	13.25
52-Week High	14.01
Beta (5Y)	n/a
Holdings	108
Inception Date	Oct 17, 2003

About ARBNX

The The Arbitrage Fund Class Institutional (ARBNX) seeks to achieve capital growth by engaging in merger arbitrage. ARBNX's investment adviser uses investment strategies designed to minimize market exposure, including short selling and purchasing and selling options.

• Category: Event Driven
• Stock Exchange: NASDAQ
• Ticker Symbol: ARBNX
• Share Class: Class I
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

ARBNX had a total return of 6.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.16%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
ARGAX	Class A	1.60%
ARBFX	Class R	1.60%
ARBCX	Class C	2.35%

Top 10 Holdings

69.29% of assets

Name	Symbol	Weight
Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio	MVRXX	18.13%
State Street U.S. Government Money Market Portfolio	GVMXX	18.13%
Amedisys, Inc.	AMED	6.21%
Water Island Event-Driven Fund Class I	AEDNX	4.84%
ANSYS, Inc.	ANSS	4.54%
Endeavor Group Holdings, Inc.	EDR	4.40%
Hess Corporation	HES	3.99%
Juniper Networks, Inc.	JNPR	3.68%
Springworks Therapeutics, Inc.	SWTX	3.03%
Frontier Communications Holdings LLC	FYBR.8.75 05.15.30 144A	2.36%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2024	$0.15869	Dec 19, 2024
Dec 14, 2023	$0.27791	Dec 15, 2023
Dec 15, 2022	$0.48968	Dec 16, 2022
Dec 17, 2020	$0.88524	Dec 18, 2020
Dec 19, 2019	$0.28306	Dec 20, 2019
Dec 13, 2018	$0.25349	Dec 14, 2018