Water Island Credit Opportunities Fund Class R (ARCFX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.88
0.00 (0.00%)
Jul 3, 2025, 4:00 PM EDT
1.33% (1Y)
| Fund Assets | 166.02M |
| Expense Ratio | 1.31% |
| Min. Investment | $2,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.99% |
| Dividend Growth | -13.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.88 |
| YTD Return | 1.40% |
| 1-Year Return | 4.16% |
| 5-Year Return | 18.20% |
| 52-Week Low | 9.74 |
| 52-Week High | 9.88 |
| Beta (5Y) | 0.10 |
| Holdings | 90 |
| 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
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 4.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.66%.
Top 10 Holdings
51.34% of assets| Name | Symbol | Weight |
|---|---|---|
| MORGAN STANLEY PRIME BROKER US | n/a | 19.77% |
| Hewlett Packard Enterprise Co. 5% | HPE.5 10.15.34 | 4.46% |
| Spotify USA Inc 0% | SPOT.0 03.15.26 | 3.95% |
| Frontier Communications Holdings Llc 8.75% | FYBR.8.75 05.15.30 144A | 3.93% |
| Boost Newco Borrower LLC 7.5% | WRLDPY.7.5 01.15.31 144A | 3.57% |
| Uber Technologies Inc 0.01% | UBER.0 12.15.25 | 3.29% |
| Spirit AeroSystems Inc 9.75% | SPR.9.75 11.15.30 144A | 3.17% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 3.14% |
| Landsea Homes Corp. 8.875% | LSEA.8.875 04.01.29 144A | 3.04% |
| Insulet Corporation 0.375% | PODD.0.375 09.01.26 | 3.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03152 | Jul 1, 2025 |
| May 30, 2025 | $0.02816 | Jun 2, 2025 |
| 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 |