AQR Large Cap Defensive Style Fund Class N (AUENX)

Fund Assets	1.02B
Expense Ratio	0.922%
Min. Investment	$1,000,000
Turnover	24.00%
Dividend (ttm)	0.26
Dividend Yield	1.32%
Dividend Growth	-9.35%
Payout Frequency	Annual
Ex-Dividend Date	Dec 17, 2025

Previous Close	19.68
YTD Return	11.38%
1-Year Return	9.75%
5-Year Return	36.63%
52-Week Low	17.62
52-Week High	22.01
Beta (5Y)	0.87
Holdings	328
Inception Date	Jul 9, 2012

About AUENX

AQR Large Cap Defensive Style Fund Class N is a U.S. equity mutual fund designed with a defensive investment approach targeting large capitalization stocks. The fund’s primary objective is to provide exposure to high-quality U.S. large cap companies known for stable earnings, strong profit margins, and other quality characteristics, aiming to deliver lower portfolio-level risk and higher risk-adjusted returns than the broad market. It employs a systematic investment process to construct a low-volatility portfolio that strives to match market-like returns while seeking to reduce overall volatility and provide downside protection. This makes the fund particularly focused on outperforming during market downturns by mitigating losses. Its sector allocations as of March 2025 show meaningful overweights to traditionally defensive areas such as consumer staples, health care, and industrials, while maintaining underweights in more cyclically sensitive sectors like information technology and consumer discretionary. AQR Large Cap Defensive Style Fund Class N plays a significant role for investors seeking more stable equity exposure, attempting to combine the growth potential of U.S. large caps with prudent risk management and resilience during challenging market environments.

• Fund Family: AQR Funds
• Category: Large Blend
• Performance Rating: Below Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: AUENX
• Share Class: Class N
• Index: Russell 1000 TR USD

Performance

AUENX had a total return of 9.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.90%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VTCIX	Vanguard	Vanguard Tax-Managed Capital App I	0.03%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
QUERX	Class R6	0.53%
AUEIX	Class I	0.59%

Top 10 Holdings

28.20% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	6.21%
Apple Inc.	AAPL	4.67%
Microsoft Corporation	MSFT	2.76%
Amazon.com, Inc.	AMZN	2.46%
Micron Technology, Inc.	MU	2.30%
Alphabet Inc.	GOOG	2.20%
Broadcom Inc.	AVGO	1.94%
Cisco Systems, Inc.	CSCO	1.91%
Visa Inc.	V	1.91%
Johnson & Johnson	JNJ	1.84%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 17, 2025	$3.92543	Dec 18, 2025
Dec 17, 2024	$4.84723	Dec 18, 2024
Dec 18, 2023	$5.23388	Dec 19, 2023
Dec 19, 2022	$2.48174	Dec 20, 2022
Dec 23, 2021	$0.7212	Dec 27, 2021
Dec 22, 2020	$0.27835	Dec 23, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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