The Arbitrage Fund Class A (ARGAX)

Fund Assets	1.12B
Expense Ratio	1.60%
Min. Investment	$2,000
Turnover	n/a
Dividend (ttm)	0.12
Dividend Yield	0.96%
Dividend Growth	-48.84%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2024

Previous Close	13.05
YTD Return	1.63%
1-Year Return	3.59%
5-Year Return	16.06%
52-Week Low	n/a
52-Week High	n/a
Beta (5Y)	n/a
Holdings	85
Inception Date	May 31, 2013

About ARGAX

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

• Category: Event Driven
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: ARGAX
• Share Class: Class A
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

ARGAX had a total return of 3.59% in the past year. Since the fund's inception, the average annual return has been 2.14%, including dividends.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
ARBNX	Class I	1.35%
ARBFX	Class R	1.60%
ARBCX	Class C	2.35%

Top 10 Holdings

55.45% of assets

Name	Symbol	Weight
Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio	MVRXX	11.27%
State Street U.S. Government Money Market Portfolio	GVMXX	11.27%
Hess Corporation	HES	5.02%
Water Island Event-Driven Fund Class I	AEDNX	4.77%
Amedisys, Inc.	AMED	4.62%
Kellanova	K	4.11%
MORGAN STANLEY PRIME BROKER US	n/a	3.75%
DS Smith Plc	SMDS	3.58%
Endeavor Group Holdings, Inc.	EDR	3.53%
Albertsons Companies, Inc.	ACI	3.52%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2024	$0.12488	Dec 19, 2024
Dec 14, 2023	$0.24409	Dec 15, 2023
Dec 15, 2022	$0.4545	Dec 16, 2022
Dec 17, 2020	$0.88524	Dec 18, 2020
Dec 19, 2019	$0.27464	Dec 20, 2019
Dec 13, 2018	$0.22375	Dec 14, 2018