Water Island Credit Opportunities Fund Class R (ARCFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.86
0.00 (0.00%)
May 2, 2025, 8:05 AM EDT
1.65% (1Y)
| Fund Assets | 136.99M |
| Expense Ratio | 1.31% |
| Min. Investment | $2,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.82% |
| Dividend Growth | -8.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 9.86 |
| YTD Return | 1.19% |
| 1-Year Return | 5.31% |
| 5-Year Return | 24.18% |
| 52-Week Low | 9.72 |
| 52-Week High | 9.88 |
| Beta (5Y) | 0.11 |
| Holdings | 73 |
| Inception Date | Dec 4, 2012 |
About ARCFX
The fund invests primarily in a portfolio of debt securities including corporate bonds and debentures (including high yield bonds commonly known as "junk bonds"), bank loans, convertible and preferred securities, credit default swaps and other debt instruments and derivatives that the fund's investment adviser believes have debt-like characteristics. It invests in both domestic and foreign debt securities. The principal types of derivatives in which the fund may invest are credit default swaps, interest rate swaps, total return swaps, futures and options.
Category Nontraditional Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol ARCFX
Share Class Class R
Index ICE BofA US 3-Month T Bill TR IX
Performance
ARCFX had a total return of 5.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.68%.
Top 10 Holdings
48.03% of assets| Name | Symbol | Weight |
|---|---|---|
| MORGAN STANLEY PRIME BROKER US | n/a | 11.67% |
| Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio | MVRXX | 5.04% |
| State Street U.S. Government Money Market Portfolio | GVMXX | 5.04% |
| Pactiv Evergreen Group Issuer Inc/Pactiv Evergreen Group Issuer LLC | PTVE 4 10.15.27 144A | 4.40% |
| Uber Technologies Inc | n/a | 3.95% |
| Cargo Aircraft Management Inc | ATSG 4.75 02.01.28 144A | 3.64% |
| Air Transport Services Group Inc | n/a | 3.62% |
| Bausch & Lomb Corporation Term Loan | BLCOCN L 05.10.27 1 | 3.62% |
| Frontier Communications Holdings LLC | FYBR 8.75 05.15.30 144A | 3.58% |
| Boeing Co/The | BA 6 10.15.27 | 3.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.03449 | May 1, 2025 |
| Mar 31, 2025 | $0.02821 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02768 | Mar 3, 2025 |
| Jan 31, 2025 | $0.02859 | Feb 3, 2025 |
| Dec 31, 2024 | $0.04771 | Jan 2, 2025 |
| Nov 29, 2024 | $0.02877 | Dec 2, 2024 |