AQR Risk-Balanced Commodities Strategy Fund (ARCNX)
| Fund Assets | 885.71M |
| Expense Ratio | 1.28% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 1.65% |
| Dividend Growth | -73.32% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 9.68 |
| YTD Return | 14.30% |
| 1-Year Return | 12.29% |
| 5-Year Return | 138.74% |
| 52-Week Low | 8.27 |
| 52-Week High | 9.83 |
| Beta (5Y) | n/a |
| Holdings | 453 |
| Inception Date | Jul 9, 2012 |
About ARCNX
AQR Risk-Balanced Commodities Strategy Fund Class N is an actively managed mutual fund designed to provide diversified exposure across the global commodities markets. The fund primarily invests in a portfolio of commodity futures contracts, targeting a balanced allocation of risk across various sectors, including energy, agriculture, livestock, soft commodities, precious and base metals, and alternative commodity markets that may not be represented in standard indices. This risk-balanced approach seeks to reduce concentration and create a more even distribution of volatility, aiming for consistent long-term total return regardless of specific commodity market cycles. Using proprietary investment models, the fund adjusts its sector weights dynamically, leveraging both quantitative and qualitative signals to optimize risk and return. It has a broad basket perspective, which differentiates it from traditional commodity funds by both its tactical sector rebalancing and its inclusion of less commonly accessed commodities. AQR Risk-Balanced Commodities Strategy Fund Class N serves as a potential portfolio diversifier, as commodities historically have had low correlation to equities and bonds and may offer a hedge against inflation, enhancing overall risk-adjusted returns for institutional and individual investors alike.
Performance
ARCNX had a total return of 12.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.09%.
Top 10 Holdings
87.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Limited Purpose Cash Investment Fund | n/a | 50.08% |
| United States of America - U.S. Treasury Bills | B.0 10.16.25 | 5.93% |
| United States of America - U.S. Treasury Bills | B.0 12.26.25 | 5.72% |
| United States of America - U.S. Treasury Bills | B.0 09.25.25 | 5.01% |
| United States of America - U.S. Treasury Bills | B.0 10.23.25 | 4.78% |
| United States of America - U.S. Treasury Bills | B.0 09.11.25 | 4.39% |
| United States of America - U.S. Treasury Bills | B.0 09.04.25 | 3.47% |
| United States of America - U.S. Treasury Bills | B.0 10.30.25 | 3.40% |
| United States of America - U.S. Treasury Bills | B.0 12.04.25 | 3.03% |
| United States of America - U.S. Treasury Bills | B.0 10.02.25 | 1.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.16123 | Dec 18, 2024 |
| Dec 18, 2023 | $0.60429 | Dec 19, 2023 |
| Dec 19, 2022 | $0.82757 | Dec 20, 2022 |
| Dec 23, 2021 | $1.454 | Dec 27, 2021 |
| Dec 22, 2020 | $0.0063 | Dec 23, 2020 |
| Dec 23, 2019 | $0.31049 | Dec 24, 2019 |